The DUG Technology Ltd (ASX: DUG) share price is in focus after the company announced a US$9.3 million software and HPC infrastructure contract, awarded by an undisclosed National Oil Company, with a two-year term set to commence in the first quarter of FY27.

What did DUG Technology report?

• Secured a US$9.3 million contract for software and hosted HPC infrastructure
• Two-year term beginning Q1 FY27
• Contract includes access to DUG Insight processing and imaging toolkit
• Client is a National Oil Company with strong financial and operational capability

What else do investors need to know?

This contract deepens DUG Technology’s relationship with the energy sector, demonstrating its capability to deliver high-performance solutions globally. The client will utilise DUG’s toolkit for advanced subsurface processing and imaging workflows, playing to DUG’s core strengths in geoscientific computing and cloud-based HPC services.

The deal continues DUG’s focus on sustainable, energy-efficient solutions, leveraging its proprietary immersion cooling systems. The company remains committed to innovation and helping clients minimise risk in complex data environments.

What’s next for DUG Technology?

DUG is expected to deliver both software and HPC infrastructure services over the next two years, supporting further expansion into energy and technology markets. Management will likely focus on growing relationships within the energy industry and scaling its advanced offering globally.

The company’s ongoing investment in R&D and sustainable computing positions it well to attract similar large-scale contracts and continue driving revenue growth in coming years.

DUG Technology share price snapshot

Over the past 12 months, DUG Technology shares have risen 24%, outperforming the All Ordinaries Index (ASX: XAO), which has risen 1% over the same period.

View Original Announcement

The post DUG Technology scores US$9.3m software and HPC contract appeared first on The Motley Fool Australia.

More reading

• Starpharma: FY26 earnings reveal strong revenue growth and improved loss
• Arena REIT faces leasing challenge after Edge Early Learning enters administration
• Down 56%: Has the market lost interest in Life360 shares?
• Inflation falls again, but could the RBA still raise interest rates?
• 3 reasons I’d buy the NDQ ETF now

Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Dug Technology. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

Life360 Inc (ASX: 360) shares have fallen further into the red in Wednesday lunchtime trade.

At the time of writing, the shares are down around 1.5% and are changing hands for $20.67 a piece.

The latest decline means the shares are now down 36% year-to-date, and are 56% lower than 12 months ago.

What happened to Life360 shares?

The company’s shares were caught up in a tech-sector-wide sell-off over the past year, as investors sold their tech shares amid growing fears that companies’ core services could be replaced by AI.  

The rotation away from the tech sector saw the Life360 share price steadily tumble from an all-time high of $55.44 in early October, to an annual low of $17.91 in mid-April.

But it looked like the shares had bottomed out, and they rallied through June to early August on the back of a strong quarterly result in mid-May and renewed investor confidence.

But then the company posted an unimpressive second-quarter FY26 update two weeks ago, and it once again slashed investor sentiment.

Life360 recorded a 38% increase in revenue, to US$159 million, and a 53% increase in adjusted EBITDA, to US$31.1 million.

Global monthly active users increased by 4.6 million in the quarter, bringing the total to approximately 102.4 million – up 16% compared to the previous year.

Looking ahead, Life360 still expects FY26 revenue growth to accelerate between 33% to 40% year-on-year to between US$650 million and US$685 million. Adjusted EBITDA is also still expected to be between US$130 million to US$140 million.

Clearly, investors are displeased with the result. It appears that many shareholders expected another upward revision to FY26 revenue guidance.

Since that results announcement, Life360 shares have shed 30% of their value.

What do brokers tip for the shares next?

It looks like the experts are still bullish on Life360 shares, expecting a recovery over the next 12 months.

Market Index shows that brokers currently agree to a buy rating on the shares. The $31.73 average target price implies a potential 54% upside, at the time of writing.

TradingView data shows something similar. Out of 13 analysts, 12 currently hold a buy/strong buy rating on Life360 shares. The average target price is $31.21, implying around a 51% upside at the time of writing. However, some think the shares could climb 97% to $40.76 a share over the next 12 months.

Bell Potter recently confirmed its buy rating and $34 price target on the location technology company’s shares. Ahead of the results and share price crash, the broker said it thinks the stock is trading at reasonable value.

The post Down 56%: Has the market lost interest in Life360 shares? appeared first on The Motley Fool Australia.

More reading

• 3 ASX shares I’d buy for the next 15 years
• My top 5 ASX 200 shares to buy and hold
• 3 ASX tech shares with strong growth potential
• 3 ASX shares tipped to explode up to 72% in the back half of 2026
• 3 fantastic ASX shares that could be much bigger by 2030

Motley Fool contributor Samantha Menzies has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Life360. The Motley Fool Australia has positions in and has recommended Life360. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Australia’s inflation rate fell again in July, although the latest figures came in slightly above economists’ expectations.

New data from the Australian Bureau of Statistics (ABS) shows the Consumer Price Index (CPI) rose 3.5% over the 12 months to July, down from 3.8% in June.

The annual rate is still moving in the right direction, although economists had been expecting inflation to come in at around 3.3%.

Prices also rose 1% during July, above forecasts for a 0.8% increase, while underlying inflation remained elevated.

So, is another interest rate hike back on the table?

What is still pushing prices higher?

Housing remained the biggest contributor to annual inflation, with prices across the group rising 5% over the year.

New dwelling prices increased 5.7%, rents were up 3.6%, and electricity prices rose 6.1%. Food and non-alcoholic beverages were also 3.2% higher, while recreation and culture prices increased 2.6%.

There were also some sizeable price moves during July.

Automotive fuel prices jumped 7.5% for the month after falling for 3 months in a row. The ABS said the increase was driven by higher global oil prices and the partial unwinding of the federal government’s fuel excise relief measures.

Domestic holiday travel and accommodation prices also rose 6.2% as demand picked up during the school holiday period.

The RBA will be keeping a close eye on the underlying inflation figures as well.

Services inflation was still running at 3.7% over the year, while non-tradables inflation was sitting at 4.4%.

Could the RBA raise rates again?

The key number for the RBA was trimmed mean inflation, which gives a better idea of what is happening with underlying price pressures.

It rose 0.5% in July and remained at 3.6% over the year, still above the RBA’s 2% to 3% target range.

That was also higher than expected, with economists forecasting a monthly increase of around 0.3%.

The RBA left the cash rate unchanged at 4.35% earlier this month after raising rates 3 times in 2026.

Minutes from that meeting showed the board considered another rate hike, but decided to keep rates on hold and wait for more data.

There are signs higher rates are already having an effect. Australia’s unemployment rate rose to 4.5% in July, while employment unexpectedly fell by 15,800.

This gives the RBA something else to weigh up as it tries to bring inflation down without slowing the economy too much.

Mark your calendar for 29 September, when the RBA will hand down its next interest rate decision.

The post Inflation falls again, but could the RBA still raise interest rates? appeared first on The Motley Fool Australia.

More reading

• ASX 200 closes in on record territory as BHP and Woolworths surge
• Will CBA shares ever get back to the top of the ASX 200?
• 5 things to watch on the ASX 200 on Wednesday
• Here are the top 10 ASX 200 shares today
• Why is the ASX 200 having its best day in 3 weeks?

Motley Fool contributor Aaron Teboneras has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.