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Tech Wrap Week 20: Contracts, Cash Flow and Capital Raisings Lift the Winners
11:30am on Saturday 16th of May, 2026 AEST
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MARKET NEWS
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Tech Wrap Week 20: Contracts, Cash Flow and Capital Raisings Lift the Winners
11:30am on Saturday 16th of May, 2026 AEST
Key Points
FirstWave Cloud Technology (ASX:FCT) jumped 🟢 50.00% after posting a cash-flow positive quarter and landing a Banobras deal.
Megaport (ASX:MP1) climbed 🟢 30.63% on AI infrastructure contracts worth US$182.9 million.
Aristocrat Leisure (ASX:ALL) gained 🟢 10.04% as profit grew despite flat revenue.
Adisyn (ASX:AI1), Swift TV (ASX:STV) and Pathkey (ASX:PKY) fell sharply as buyers stepped back after speculative bursts.
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