ASX:WTC 3 May 2026 - 19 May 2026

WiseTech Stock Faces Monday Test After 10% Slide as AI Pivot Faces Scrutiny
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WiseTech Stock Faces Monday Test After 10% Slide as AI Pivot Faces Scrutiny

WiseTech Global shares closed at A$38.01 Friday, up 3.65% after a three-day slide, but remain about 10% below the prior week’s close and down 44.55% year to date. The logistics software maker reaffirmed FY26 revenue and EBITDA guidance in February, but investors are watching integration of e2open and its AI cost-cutting plan. WiseTech serves around 22,000 logistics firms in 193 countries.
May 17, 2026
WiseTech Global Faces Fresh Fair Work Fight as AI Job Cuts Roll On
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WiseTech Global Faces Fresh Fair Work Fight as AI Job Cuts Roll On

WiseTech Global’s former head of tax, Melina Green, has lodged a claim with Australia’s Fair Work Commission over her dismissal, the Australian Financial Review reported. The dispute comes as WiseTech implements a major AI-driven restructure, cutting about 2,000 jobs over two years. The company’s shares closed at A$43.72 before Monday’s trade in Sydney. WiseTech has not issued a market update on the employment claim.
May 3, 2026

Stock Market Today

  • UK Dairy Farms See Surge in ‘Battery Cow’ Intensive Farming Amid Cost Pressures
    May 26, 2026, 8:36 AM EDT. The UK has witnessed a more than doubling of intensive 'battery cow' dairy farms, which confine cows indoors year-round, rising to at least 180 units from 70 in 2015. The number of 'mega dairies' with over 700 cows also doubled to 40, driven by farmers facing soaring costs and selling milk below production cost, around 40p per litre. Despite environmental and welfare concerns linked to pollution, these large farms lack regulatory environmental permits. Major dairy processors like Arla, Müller, and Saputo profit amid struggling farmers. The trend reflects pressures on the dairy sector with calls for better oversight on factory-style production, concentrated mainly in regions like Devon, Cornwall, and Cheshire.