WiseTech Global Ltd (ASX: WTC) was founded in 1994 by Richard White to provide software to the logistics sector. Since then it has grown to become a global provider of logistics software, claiming to service 19 of the top 20 logistics companies globally. WiseTech makes money by charging its customers on a ‘per use’ basis rather than as a subscription model. Meaning, WiseTech directly benefits as its customers grow their businesses.
When I woke up this week and saw that the Altium Limited (ASX: ALU) share price had jumped 25% in one day I was so disappointed. I wanted to buy some Altium shares because I noticed, surprisingly, that it hadn’t really budged since the beginning of the year.
The WiseTech Global Ltd (ASX:WTC) share price is down over 17% after revealing an impressive FY23 result that wasn’t enough for investors.
The local share market managed a 0.9% gain, taking it to a five-month high on the back of another confirmation of falling price levels and inflation.
Are interest rates the only thing that matter? Why are analysts’ valuations of WiseTech Global Ltd (ASX: WTC) all over the place? Andrew Deremith suggests Elon Musk could buy Telstra (ASX:TLS).
Xero Limited (ASX: XRO) sheds employees and shares pop 11%, is that good? Vanguard Global Aggregate Bonds ETF (ASX: VBND) is for bonds, right? Is WiseTech Global Ltd (ASX: WTC) the best ASX share (and Owen was wrong), and more!
The WiseTech Global Ltd (ASX:WTC) share price is in focus as the ASX tech share revealed a US$414 million deal.
The WiseTech Global Ltd (ASX:WTC) share price is up after the ASX tech share announced another acquisition called Envase.
A strong lead-in from Wall Street gave solid impetus to the Australian market on Tuesday, and the result was a lift of 114.8 points, or 1.7 per cent, in the benchmark S&P/ASX 200 (INDEXASX: XJO) Index, to 6779.2; while the broader S&P/ASX All Ordinaries (ASX: XAO) index added 121.9 points, or 1.8 per cent, to 6976.2. The ASX 200 is off to a positive start on Wednesday morning.
The WiseTech Global Ltd (ASX:WTC) share price is up more than 10% after the logistics software business announced a lot of growth in FY22.