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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 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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