Wisetech Global
ASX:WTC
A gloomy AI memo went viral this week, briefly spooking markets. Whether true or not, two Australian tech stories today suggest the pressures it describes are real.
More AI-related job cuts are coming, and the market doesn’t seem to mind it when it sees them.
Mike Cannon-Brookes urged investors to focus on fundamentals. Robert Thomson said he is building a lawyer-infested moat. But is anyone listening?
The $9 billion fund manager, led by managing director Mark Freeman, has stood firmly by WiseTech through turbulent times. For now, it's had enough.
Shareholder revolts, board spills and bonus battles — Australia’s AGM season has turned bloody, with James Hardie leading a wave of corporate reckonings.
The latest incident at the ASX tech giant triggered a steep fall in its share price but one analyst said "the market probably sold first and will ask questions later".
No regrets, all business as the billionaire made his public return at the Macquarie Australia Conference.
The media frenzy surrounding Richard White didn't really feature as the WiseTech founder fronted analysts to discuss his return and the company's performance.
While WiseTech's board exodus contributed to big losses for the company's investors today, it looks like a win for scandal-hit founder Richard White.
From Bluescope to Resmed to WiseTech and Cettire, an unfolding global trade war will have far reaching implications for some of the biggest names on the ASX.
