26 stories mentioning ASX:XRO
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Energy stocks advanced nearly 2% at midday Thursday.Woodside Energy Group (ASX:WDS) gained almost 2% in recent trade.Meanwhile, the information technology sector struggled, shedding more than 2%.Xero (ASX:XRO) shares fell past 3% in recent trade.
Consumer discretionary stocks advanced nearly 3% at midday Wednesday.Wesfarmers (ASX:WES) gained almost 3% in recent trade after announcing that it is partnering with artificial intelligence organizations to drive long-term sales and earnings growth.On the flip side, the information technology sector struggled, shedding nearly 2%.Xero (ASX:XRO) shares were down past 1% in recent trade.
Materials stocks advanced nearly 2% at midday Wednesday.BHP Group (ASX:BHP) gained more than 2% in recent trade as copper prices posted a new record high.On the flip side, the information technology sector struggled, shedding more than 1%.Xero (ASX:XRO) shares fell past 3% in recent trade.
Information technology stocks advanced nearly 3% at midday Tuesday.Xero (ASX:XRO) gained more than 6% in recent trade.On the flip side, the real estate sector struggled, shedding nearly 2%.Goodman Group (ASX:GMG) shares fell nearly 1% in recent trade.
Information technology stocks advanced more than 5% at midday Monday.Xero (ASX:XRO) gained 8% in recent trade.On the flip side, the healthcare sector struggled, shedding nearly 2%.CSL (ASX:CSL) shares fell almost 2% in recent trade.
Consumer discretionary stocks advanced marginally at midday Thursday.Wesfarmers (ASX:WES) gained more than 1% in recent trade.Meanwhile, the information technology sector struggled, shedding nearly 2%.Xero (ASX:XRO) shares fell 3% in recent trade.
Information technology stocks advanced nearly 2% at midday Wednesday.Xero (ASX:XRO) shares rose marginally in recent trade as AustralianSuper's voting power in the company increased to 9.17% from 8.13%, effective May 22.On the flip side, the financial sector struggled, shedding more than 1%.Shares of Commonwealth Bank (ASX:CBA) fell past 1% in recent trade.
Xero (ASX:XRO) said AustralianSuper's voting power in the firm increased to 9.17%, effective May 22, from 8.13% previously, according to a Tuesday Australian bourse filing.AustralianSuper now holds 15.6 million ordinary securities of the firm.
Here are the ASX-listed companies with the biggest losses.Insurance Australia Group (ASX:IAG): -4%, AU$7.82Block (ASX:XYZ): -3%, AU$96.49Xero (ASX:XRO): -2%, AU$74.65Wisetech Global (ASX:WTC): -1%, AU$37.11Goodman Group (ASX:GMG): -1%, AU$30.44Origin Energy (ASX:ORG): -1%, AU$10.95Telstra Group (ASX:TLS): -1%, AU$5.39APA Group (ASX:APA): -1%, AU$10.20QBE Insurance Group (ASX:QBE): -1%, AU$23.65Meridian Energy (ASX:MEZ): -1%, AU$4.81
Information technology stocks advanced nearly 1% at midday Wednesday.Xero (ASX:XRO) shares rose marginally in recent trade after disclosing a multi‑year deal with New Zealand Rugby, becoming its official small business accounting platform partner.Meanwhile, the materials sector struggled, shedding more than 2%.BHP Group (ASX:BHP) shares were down nearly 2% in recent trade.
Xero (ASX:XRO) secured a multi‑year agreement with New Zealand Rugby, supporting the All Blacks and Black Ferns, the technology company said in a statement on Wednesday.The company will become the official small business accounting platform partner of New Zealand Rugby under the deal, the statement said.Additionally, the company will provide a discounted "All of Rugby" license to support clubs, provinces and rugby organizations with financial management and productivity, per the statement.The company's shares were up nearly 1% in recent Wednesday trade.
Information technology stocks advanced 4% at midday Friday.Technology company Xero (ASX:XRO) gained over 10% in recent trade.On the flip side, the materials sector struggled, shedding nearly 3%.BHP Group (ASX:BHP) shares fell 3% in recent trade.
Australian shares were flat with positive bias on Thursday as the summit between the US and Chinese Presidents gets underway.The S&P/ASX 200 Index was little changed to close at 8,640.70.US President Donald Trump and Chinese counterpart Xi Jinping met in Beijing. Brent crude oil futures were trading around $105.89 per barrel. Gold fell as the hotter-than-expected US inflation data increased the chances of a tighter monetary policy in the US.On the domestic front, Australia's household spending fell 1.2% in April, reversing a fuel-driven surge in March as lower spending on petrol and public transport weighed on transport and recreation spending, according to the Commonwealth Bank of Australia's Household Spending Insights."The oil shock resulting from the current Middle East conflict has not had the size of impact that was initially expected," the bank's head of Australian Economics, Belinda Allen, said.In company news, Australia's Federal Court ruled Thursday that Coles Group (ASX:COL) deceived shoppers by advertising discounts on products that, in many cases, were being sold at higher prices. The case against Coles was brought by the Australian Competition and Consumer Commission (ACCC) in 2024, saying Coles increased prices on certain items for a very short period of time before putting them on a discount, making the promotions illusory in nature. Its shares fell 2% on market close.Xero (ASX:XRO) reported Thursday that it swung to a loss of NZ$0.19 per share in the fiscal year 2026 from a profit of NZ$1.47 a year earlier. Total operating revenue for the 12 months ended March 31 was NZ$2.75 billion, compared with NZ$2.1 billion a year earlier. Its shares closed down 9%.Lastly, Megaport (ASX:MP1) said its unit Latitude.sh has secured three major GPU, CPU, network, and storage contracts with a combined total contract value (TCV) of about AU$254 million and annualized recurring revenue (ARR) of about AU$90.6 million. Its shares were up 28% on market close.
Xero (ASX:XRO) has launched "XeroForce", an invite-only artificial intelligence (AI) tool that lets small businesses and accountants build natural-language automation agents to streamline accounting workflows, connect third-party applications, and improve compliance without coding, according to a Thursday statement.The agent is designed as an orchestration layer for accounting tasks such as month-end close, reporting, tax document management, purchase order validation, and payroll approvals, incorporating domain-specific accounting logic to ensure compliance and reliability.The tool also supports always-on agents that operate across time-based events, provides full audit trails for traceability, and enables accountants to run bulk workflows across multiple clients.The company's shares fell 6% in recent Thursday trade.
Australian shares are poised to fall on Thursday as weaker oil prices, concerns over possible US interest rate hikes, and heightened geopolitical tensions surrounding Iran and US-China talks in Beijing weigh on global risk sentiment.Overnight, the S&P 500 and the Nasdaq Composite rose 0.6% and 1.2% respectively, while the Dow Jones Industrial Average fell 0.1%.In the macroeconomy, investors are eyeing the release of the Melbourne Institute consumer inflation expectations report.In corporate news, Xero (ASX:XRO) reported on Thursday a fiscal year 2026 loss of NZ$0.19 per share on revenue of NZ$2.75 billion, compared with earnings of NZ$1.47 on revenue of NZ$2.1 billion a year earlier.Orezone (ASX:ORE) reported Thursday first-quarter adjusted earnings of $0.07 per share on revenue of $185.9 million, compared with adjusted earnings of $0.04 on revenue of $82.7 million a year earlier.Australia's benchmark index fell 0.5% or 40.3 points to close at 8,630.40 on Wednesday.
Xero (ASX:XRO) reported Thursday that it swung to a loss of NZ$0.19 per share in the fiscal year 2026 from a profit of NZ$1.47 a year earlier.Analysts polled by FactSet expected earnings of NZ$1.39.Total operating revenue for the 12 months ended March 31 was NZ$2.75 billion, compared with NZ$2.1 billion a year earlier. Analysts surveyed by FactSet expected NZ$2.74 billion.The company expects fiscal year 2027 operating revenue to range between NZ$3.62 billion and NZ$3.73 billion, with adjusted earnings before interest, taxes, depreciation, and amortization projected to be between NZ$860 million and NZ$920 million. Analysts polled by FactSet expect revenue of NZ$3.58 billion.
Xero (ASX:XRO) said Wednesday it launched its live integration with Anthropic, bringing the latter's Claude artificial intelligence directly into Xero and Xero's financial data and tools into Claude.ai.The company said in a statement that the integration "leverages the same foundational capabilities" that its superagent JAX uses. Users with an active Xero subscription can now bring their financial data directly into their conversations with Claude.Financial data shared between the platforms is used solely for the user's specific session, and proprietary business data is not used to train Claude's artificial intelligence models, per the statement.
Materials stocks advanced over 2% to lead gainers in midday trading on Tuesday amid a broadly lower market ahead of the release of Australia's federal budget, and as tensions persisted between the US and Iran.Shares of BHP Group (ASX:BHP) rose nearly 3% after copper prices hit an all-time peak on the London Metal Exchange.On the flip side, information technology stocks shed 4% to lead decliners.WiseTech Global (ASX:WTC) and Xero (ASX:XRO) both fell past 5%.
Information technology stocks advanced nearly 1% in midday trading on Monday, as markets weighed continued tensions in the Middle East and a potential rate hike from the Reserve Bank of Australia on Tuesday.Xero (ASX:XRO) rose 2%, and Life360 (ASX:360) jumped 7%.On the flip side, energy stocks declined more than 2% after President Donald Trump said the US will start helping some ships pass through the Strait of Hormuz starting Monday.Woodside Energy Group (ASX:WDS) shed 3%, and Santos (ASX:STO) declined 2%.
Information technology stocks advanced nearly 2% to lead gainers in midday trading Thursday, after a number of US-listed peers overnight reported strong quarterly results that beat analyst expectations.WiseTech Global (ASX:WTC) rose almost 5%, and Xero (ASX:XRO) gained 2%.On the flip side, consumer staples stocks shed 4%, weighed down by a decline in Woolworths Group (ASX:WOW), the largest company in the sector by market capitalization.Shares of Woolworths slid more than 6% after the supermarket chain operator said fiscal 2026 Australian food earnings before interest and taxes growth is no longer expected to be at the upper end of its guidance range, as higher fuel costs and secondary effects from the Middle East conflict are likely to have an increasing inflationary impact through the remainder of the year.
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