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.
Technology ASX shares have a strong advantage compared to many other industries when it comes to growing profit.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.84% at lunch.
WiseTech Global Ltd (ASX:WTC) has released its FY19 results this morning, reporting high growth in revenue and profit. Here’s what you need to know.
The WiseTech Global Limited (ASX:WTC) share price is being crunched, down 9% at the time of writing. Is the WiseTech share price about to unravel?
In this article I hope to give a brief overview of the ‘WAAAX’ ASX technology stocks. WAAAX stands for WiseTech (ASX:WTC), Altium (ASX:ALU), Afterpay (ASX:APT), Appen (ASX:APX) and Xero (ASX:XRO).
There is a strong possibility that the US Federal Reserve may decide to cut interest rates this month or next month.
About five months ago, I wrote an article saying that Breville Group Ltd (ASX: BRG) shares might represent good value. Now, I think they may have gone too far.
With Nearmap Ltd (ASX: NEA) shares up another 6% today on no announcement and up nearly 140% in the last six months, the question must be asked.
National Australia Bank Ltd (ASX: NAB) shares currently offer investors a 6.8% dividend yield. So, should you reinvest the proceeds in NAB or look elsewhere?
