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Tech shares split as AI claims meet a tougher cash test
11:30am on Saturday 17th of October, 2026 AEDT
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MARKET NEWS
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Tech shares split as AI claims meet a tougher cash test
11:30am on Saturday 17th of October, 2026 AEDT
Key Points
FortifAI fell 33.58% despite reporting up to 118 times more data per infrastructure dollar than Google RE2.
COSOL dropped 19.05% after revenue fell 15.6% and the company reported a $4.0 million statutory loss.
WiseTech rose 11.83% after revenue increased 79% and ASIC closed most of its investigations without enforcement action.
Activeport, Vection and Stakk reported new contracts or stronger revenue, but future cash receipts remain the test.
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