TechnologyOne

Xero, for instance, closed up 12%.

WiseTech, TechnologyOne, and Kodan all did well yesterday.

The tech index is Finished up a massive 10% yesterday, though the miners did pretty well yesterday as well.

BHP was up 6%.

What we do know is that we did see a bit of a rebound in the AI trade through the overnight period.

But today, here locally, the tech names have come under pressure, including Xero down by 0.5%, Life360, TechnologyOne, one exception to the rule, NextDC still clawing some lost ground up by close to 4%.

The miners have also taken a hit as metal prices have fallen.

On the call today, I was speaking with Sean Hickman from Market Matters, who said that, look, it could even be the U.S. election that's playing on copper.

Down again, down 2.4%.

Transurban down 1 point, not Transurban, Technology One rather, down 1.4%.

NextDC down 4.9%.

MP1 down 1.5% there.

But what's going to get us there is, is the addition of procurement policy that at least doesn't discriminate against Australian companies.

And I think that was held out by David Foreman from Technology One either last year or the year before, where he identified actual biases against Australian vendors because there was no way for them to meet the criteria of bringing new technology into Australia because they were already in Australia.

So this is the mind-blowing stuff that could actually get us to where we want to get to, but it's a central agency issue.

It is a central agency.

What's the other companies that sort of gone through and have gone off the boil? I think most of the businesses has been, you know, reasonably good, you know, in pulling through.

If you look at the, whether it's a Prometheus, whether it's Technology One, you know, the earnings has been actually delivering to expectations, even though the share price taking longer to come through.

One last one, Treasury Wine Estates.

You liked it when it was low.

Would appear that Emilio is actually doing well.

Again, they paid a lot for it.

I guess Xero's problem, so to speak, is it doesn't have the same strong market positioning as a technology one or as a data three.

It is more towards small businesses and consumers like you and me.

Tech, just a little mix there.

As you can see, WiseTech lower, but you can see Zerolight360, TechOne actually finish in the green.

Next EC, of course, we saw two days ago, 40% lower, plus made a bit of a comeback yesterday and down another 1% today.

Those to benefit largely the big banks.

I'm going to quickly run through them all and I'll bring them up on the screen now.

ChatGPT's top three picks were Xero, Life360 and TechnologyOne.

Claude's top three picks were Xero, James Hardy and 4D Medical.

And Gemini's top three picks were ProMedicus, WiseTech and TechOne.

So, yeah, I'll be tuning in for that one myself.

Let's take a look at some of these sectors that outperformed, interestingly, tech, WiseTech, up by 2.25% to $39.58, TechnologyOne.com. up by 2%.

We talked about Technology One on Wealthy and Wise today with Howard Coleman from Team Invest.

You can catch that series up at the top of your screen.

Just go to the little series bar, which has a drop-down menu.