Articles On Megaport (ASX:MP1)

The share market logged its strongest rise in more than two weeks after a rebound on Wall Street encouraged buyers ahead of a likely interest rate rise tomorrow. The S&P/ASX 200 rallied 45 points or 0.62 per cent. Today’s advance was...

It’s been a very positive start to the trading week so far this Monday for the S&P/ASX 200 Index (ASX: XJO). At this point of the trading day, the ASX 200 has gained a healthy 0.8%, putting the index at just over 7,340 points. But AS...

Positive US leads and a retreat in bond yields helped the share market rise to its highest in a week and a half. The S&P/ASX 200 climbed 44 points or 0.61 per cent to 7328. Today’s rise was the index’s third in a row. Rate-sensiti...

Certainly 2023 has brought some relief for ASX technology and growth shares, but most are still well down on what they were 15 months ago. The S&P/ASX All Technology Index (ASX: XTX), to demonstrate, is still about one-third lower than...

The share market rose as the heavily-weighted financial sector bounced off an eight-week low and China-reopening optimism lifted miners for a fourth session.   The S&P/ASX 200 rallied 26 points or 0.35 per cent by the halfway mark....

The Dicker Data Ltd (ASX: DDR) share price had a tough time on Monday. The technology hardware, software, cloud, access control and surveillance distributor’s shares ended the day almost 3.5% lower at $8.00. This followed the release of...

It’s been a pretty nasty start to the trading week for ASX shares and the All Ordinaries Index (ASX: XAO) so far this Monday. The ASX seems to be suffering from some Monday-itis today, with the All Ords currently down by a significant 1.27...

The Origin Energy Ltd (ASX: ORG) share price is soaring this morning despite news the consortium looking to acquire the energy provider has lowered its offer price. After an extended due diligence period, the consortium comprising Brookfie...

The Suncorp Group Ltd (ASX: SUN) share price has lifted nearly 11% over the last 10 years. An investor buying $1,000 worth of the company’s stock in February 2013 likely would have walked away with 86 shares, paying $11.54 apiece. Today,...

The S&P/ASX 200 Index (ASX: XJO) bounced back with a bang on Thursday, rising 0.79% to close at 7,410.3 points. It came amid the release of the Australian Bureau of Statistics’ latest employment data, finding unemployment rose to 3.7...

It’s been a fantastic day for the S&P/ASX 200 Index (ASX: XJO) so far this Thursday. At present, the ASX 200 has shrugged off yesterday’s gloom and has rallied by 0.79% to back over 7,400 points. But ASX 200 tech stocks like Xero Limit...

The Origin Energy Ltd (ASX: ORG) share price is in the red on Thursday after the company released its earnings for the first half of financial year 2023. Shares in the S&P/ASX 200 Index (ASX: XJO) energy producer and provider are curre...

True long-term investment means buying ASX shares of businesses that have excellent business prospects, regardless of recent stock price movements. This philosophy is, as they say, simple but not easy. It’s especially difficult for amateur...

The ASX 200 was unchanged  The ASX XEC slips 0.38% 8 out of 11 sectors were higher lead by Information Technology   The ASX 200 was unchanged today and the ASX XEC was down 0.38%.  The index has lost 0.98% for the last five days, but sit...

The S&P/ASX 200 Index (ASX: XJO) broke a three-session-long losing streak on Tuesday, gaining 0.18% to close at 7,430.9 points. It came on the back of a strong session on Wall Street. The Dow Jones Industrial Average Index (DJX: .DJI)...

The AGL Energy Limited (ASX: AGL) share price has plummeted 13% over the last seven days, with most of that tumble attributed to the company’s $1.1 billion first half loss.   But there might be a silver lining to the downturn. AGL direct...

At the start of each week, I like to look at ASIC’s short position report to find out which shares are being targeted by short sellers. This is because I believe it is well worth keeping a close eye on short interest levels as high lev...

Megaport Limited's (ASX:MP1) 1H23 result was already largely known as it released its December 2022 quarterly in January. There was not a lot of new information in today’s update.

A number of S&P/ASX 300 Index (ASX: XKO) shares are facing weakening share prices again. Especially as inflation and rising interest rates throw up some more volatility. When compelling businesses hit 52-week lows, that could be a good...

It has been another busy week for Australia’s top brokers. This has led to the release of a large number of broker notes. Three broker buy ratings that you might want to know more about are summarised below. Here’s why brokers think th...

Welcome to the FNArena Corporate Results Monitor. Today's Reports: ((AGL)) - AGL Energy ((AQZ)) - Alliance Aviation Services ((ARF)) - Arena REIT ((CLW)) - Charter Hall Long WALE REIT ((GDF)) - Garda Property ((MP1)) - Megaport ((MGR)) -...

The AGL Energy Limited (ASX: AGL) share price is having another poor session. In morning trade, the energy company’s shares are down 3.5% to $6.87. This means the AGL share price is now down more than 13% since the release of the company...

On Thursday, the S&P/ASX 200 Index (ASX: XJO) was out of form and tumbled into the red. The benchmark fell 0.5% to 7,490.3 points. Will the market be able to bounce back from this on Friday? Here are five things to watch: ASX 200 exp...

Shares in AGL Energy Ltd (ASX: AGL) were hit with the proverbial sledgehammer on Thursday as hopes of a profitable half were slashed. The company’s share price powered down 10.33% to finish the day at $7.12 in reaction to the energy retai...

The share market closed at its lowest in roughly a week and a half as earnings disappointments and interest rate worries sapped buyer appetite. The S&P/ASX 200 dropped 39.8 points or 0.53 per cent to 7490. The index is on track for i...

The Dicker Data Ltd (ASX: DDR) share price is having a difficult time on Thursday. At one stage today, the wholesale computer hardware and software distributor’s shares dropped 8% to a multi-year low of $8.55. This means Dicker Data shar...

As mentioned here earlier, Morgans removed BHP Group Ltd (ASX: BHP) shares from its best ideas list this month. This is the first time it hasn’t been on the list in three years. Morgans’ best ideas are those that it thinks offer the high...

Earlier today, I looked at the top ASX 200 growth shares that Macquarie Group Ltd (ASX: MQG) has in its growth portfolio. You can read about those shares here. The investment bank also has an income version that it notes represents a start...

ASX biotech stock Argenica Therapeutics Ltd (ASX: AGN) is off to the races today. Shares in the biotechnology company closed yesterday trading at 41 cents and are currently swapping hands for 52 cents apiece, up 28.4%. Here’s what’s pi...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) has followed Wall Street’s lead and dropped into the red. At the time of writing, the benchmark index is down 0.4% to 7,498.1 points. Four ASX shares that are falling more than most...

The share market tilted towards a third loss in four sessions after the prospect of elevated interest rates for years to come fuelled selling on Wall Street. The S&P/ASX 200 declined 27 points or 0.36 per cent by mid-session. Util...

The AGL Energy Ltd (ASX: AGL) dividend that management just declared is likely to leave investors feeling underwhelmed. The S&P/ASX 200 Index (ASX: XJO) energy provider reported its half-year results for the six months ending 31 Decem...

S&P/ASX 200 Index (ASX: XJO) tech stock Megaport Ltd (ASX: MP1) is on a bit of a rollercoaster on Thursday.  The tech company, which provides Network as a Service (NaaS) solutions, closed yesterday trading for $6.19 per share. In ear...

The Megaport Ltd (ASX: MP1) share price is down 4% after the ASX tech share reported its HY23 report. Megaport is a business that enables businesses and organisations to connect and utilise cloud computing providers like Microsoft‘s Azure a...

The AGL Energy Ltd (ASX: AGL) share price is down 7.3% in early trade on Thursday. Shares in the S&P/ASX 200 Index (ASX: XJO) energy provider closed yesterday at $7.94 a share and are currently trading for $7.36 apiece. This comes afte...

Australian stocks face early pressure following declines on Wall Street after Federal Reserve policymakers warned interest rates may have to stay high for years to kill inflation.   ASX futures slumped 31 points or 0.42 per cent as US st...

World Overnight SPI Overnight 7465.00 + 34.00 0.46% S&P ASX 200 7504.10 – 34.90 – 0.46% S&P500 4164.00 + 52.92 1.29% Nasdaq Comp 12113.79 + 226.34 1.90% DJIA 34156.69 + 265.67 0.78% S&P500 VIX 18.45 – 0.98 – 5.04%...

The S&P/ASX 200 Index (ASX: XJO) posted another loss on Tuesday, falling 0.46% to close at 7,504.1 points. Seemingly weighing on the market was the Reserve Bank of Australia’s (RBA’s) move to hike the nation’s benchmark interest...

The Zip Co Ltd (ASX: ZIP) share price is down almost 80% over the last 12 months. It has fallen more than 90% from its peak in 2021. There are several other ASX growth shares that suffered a heavy sell-off over the last 12 or so months, s...

The ASX tech share sector has been through plenty of pain since the start of 2022. But I think that gives it more of an opportunity to rebound. For example, if a business dropped from $100 to $50, that’s a fall of 50%. If an investor bou...

At the start of each week, I like to look at ASIC’s short position report to find out which shares are being targeted by short sellers. This is because I believe it is well worth keeping a close eye on short interest levels as high lev...

A week likely to be dominated by the outlook for interest rates looks set for a positive start despite losses in the US after strong jobs data sharpened the risk of more rate hikes. Wall Street’s main indices lost between 0.38 and 1.59 p...

The Core Lithium Ltd (ASX: CXO) share price has struggled to keep up with the S&P/ASX 200 Index (ASX: XJO) over the last six months. It’s fallen 3% in that time compared to the index’s 8% gain. Meanwhile, the company is in a parti...

It has been another busy week for Australia’s top brokers. This has led to the release of a large number of broker notes. Three broker buy ratings that you might want to know more about are summarised below. Here’s why brokers think th...

The tech sector is roaring again at last! Investors have been flooding back into this side of the market this week, driving ASX tech shares higher. The good news is that it’s not too late to add some tech exposure to your portfolio. List...

The S&P/ASX 200 Index (ASX: XJO) spent another day in the green on Thursday, gaining 0.13% to close at 7,511.6 points. It follows the United States Federal Reserves’ decision to bump interest rates another 0.25% to 4.75%, seemingly ma...

The share market hit a nine-month high in early trade before finishing well off its session peak as sellers cashed out ahead of a likely rate rise next week. The S&P/ASX 200 rallied 47 points in morning action before giving up much o...

Shares race ahead after the Fed hinted rates are near the peak. Dollar at its highest level since June 2022. Pinnacle Investments dives on earnings miss. Megaport leads tech surge.

Tech stocks and gold miners spearheaded a nine-month high for the ASX after the US Federal Reserve indicated interest rates were nearing a top. The S&P/ASX 200 rallied 24 points or 0.32 per cent by mid-session. At its peak the rally...

S&P/ASX 200 Index (ASX: XJO) tech shares are broadly enjoying a strong run today. In late morning trade, the ASX 200 is up a healthy 0.5%. But tech shares are faring even better. The S&P/ASX All Technology Index (ASX: XTX) – wh...