Why is everyone talking about WiseTech, GQG and Life360 shares on Tuesday?

Life360, GQG, and WiseTech shares are making waves today. But why?

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WiseTech Global Ltd (ASX: WTC), GQG Partners Inc (ASX: GQG) and Life360 Inc (ASX: 360) shares are turning heads today.

Two of the S&P/ASX 200 Index (ASX: XJO) heavyweights are underperforming the 0.6% losses posted by the benchmark index during the Tuesday lunch hour, while one is marching higher.

Here's what's catching investor interest.

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Image source: Getty Images

Life360 shares tumble despite revenue growth

Life360 shares are taking a beating today.

Shares in the ASX 200 location sharing software company are down a sharp 10.9% at the time of writing, trading for $17.93 each.

This underperformance follows the release of the company's first-quarter results (Q1 2026) and comes amid broader weakness in the ASX tech sector today and apparently lofty investor expectations.

Indeed, Life360 shares are tumbling despite the company reporting a 38% year-on-year quarterly revenue boost to US$143.1 million. And adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) of US$17.1 million were up 7%.

Management also increased full-year 2026 revenue guidance to between US$650 and US$685 million, up from prior guidance of US$640 million to US$680 million. Full-year adjusted EBITDA guidance was increased to US$130 to US$140 million, up from the prior range of US$128 million to US$138 million.

GQG shares lift on FUM boost

Unlike Life360 shares, GQG shares are on the rise today following an April performance update.

As at 30 April, the ASX 200 financial stock reported funds under management (FUM) of US$166.9 billion. That's up US$4.4 billion from the end of March.

GQG achieved that FUM growth despite April net outflows of US$1.4 billion. Management credited this to a strong month for investment markets and performance across GQG's strategies.

WiseTech shares join tech sell-off

Joining GQG and Life360 shares in the financial headlines, WiseTech shares are down 5.2%, changing hands for $40.08.

The ASX 200 logistics software solutions company presented at the annual Macquarie Group Ltd (ASX: MQG) Australia Conference today.

The company highlighted its strong first half-year performance (H1 FY 2026), which included a 76% increase in revenue and a 31% increase in EBITDA. This was spurred by WiseTech's acquisition of US-based cloud software company e2open in late 2025 to create TradeWise.

Management said this provided "a clear path to margin expansion post integration".

WiseTech now serves more than 22,000 logistics companies across 193 countries. That includes 23 of the top 25 largest global freight forwarders.

And rather than seeing AI as a potential threat to its business, WiseTech noted, "AI amplifies our resilient market position, drives step-change efficiency, and accelerates customer success."

Motley Fool contributor Bernd Struben 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, Macquarie Group, and WiseTech Global. The Motley Fool Australia has positions in and has recommended Life360, Macquarie Group, and WiseTech Global. The Motley Fool Australia has recommended Gqg Partners. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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