Articles On Megaport (ASX:MP1)

S&P/ASX 200 Index (ASX: XJO) stock Altium Ltd (ASX: ALU) has just been upgraded by four leading brokers. Jeffries raised the electronic design software platform provider’s stock to a ‘buy’ with a price target of $44.69 a share. R...

Network as a Service (NaaS) pioneer Megaport (ASX: MP1) celebrated a decade in business last month after its first ever net positive cash flow quarter, and has followed that up today with an optimistic forecast for FY24 as more customers si...

The local share market was little changed at midday, although the tech sector was on track for a stellar day thanks to Altium and Megaport.

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is trading a fraction higher. At the time of writing, the benchmark index is up slightly to 7,121.8 points. Four ASX shares that are rising more than most today are listed below. He...

At noon, the S&P/ASX 200 is 0.07 per cent lower at 7,110.50, due to losses by key stocks offset a rally in technology shares. The technology sector mirrored Wall Street's strong performance, achieving a notable uptick of 5.6%. Altium de...

The Megaport Ltd (ASX: MP1) share price is up 16.55% in early trade Tuesday after the company revealed history-making 2023 financial results before market open. After closing at $10.39 a share on Monday afternoon, the technology stock was...

The Altium Limited (ASX: ALU) share price is rocketing higher on Tuesday. In morning trade, the electronic design software platform provider’s shares are up 21% to a 52-week high of $44.77. Why is the Altium share price rocketing higher?...

The ASX is poised to open lower on Tuesday 90pc of analysts recommend buying Nvidia stock What are the most bought and sold stocks on the ASX?    The ASX is set to open higher this morning as tech stocks, led by Nvidia, lifted Wall Street...

World Overnight SPI Overnight 7079.00 + 17.00 0.24% S&P ASX 200 7115.50 – 32.60 – 0.46% S&P500 4399.77 + 30.06 0.69% Nasdaq Comp 13497.59 + 206.81 1.56% DJIA 34463.69 – 36.97 – 0.11% S&P500 VIX 17.13 – 0.17 – 0.98%...

Bourse heavyweights BHP, Woodside and Coles among decliners. HUB24 lifts on profit jump. Scentre spruiks income boost.

Local shares closed lower on a hectic day for earnings China’s central bank disappointed markets  Premier Investments best stock, and Iress worst for the day   The ASX 200 fell around -0.35% today as Tech and Consumer Staples led the sell...

Wilson Asset Management (WAM) runs several listed investment companies (LICs) that have outperformed their respective benchmarks. The fund manager has named two S&P/ASX 200 Index (ASX: XJO) shares that could be primed to deliver good p...

The S&P/ASX 200 Index (ASX: XJO) continued its recent slump this Thursday, building on the losses we’ve seen over most of this week thus far. By the end of trading today, the ASX 200 recorded a loss of 0.68%, fi...

Local shares down another -0.7pc today Core Lithium fell over 20pc on cap raise news The AUD pummelled to below US64c   The ASX 200 has extended yesterday’s 1.5% loss by another 0.5% on Thursday, weighed by Healthcare,Tech and Mining sect...

Sometimes an ASX-listed company gets such a bad rap — through their own fault or otherwise — that their share price remains in the doghouse regardless how they turn it around. But if you’re willing to take a punt on one of these “stained”...

ASX down around 1.5pc on China’s troubles All sectors were down, led by Tech and Mining The AUD is at lowest level in nine months on commodity demand concerns   The ASX 200 sank nearly 1.5% today as soft earnings by real estate majors com...

The S&P/ASX 200 Index (ASX: XJO) finally recorded a win for investors today after two days of consecutive falls over Friday and Monday. As of close of trading this Tuesday, the ASX 200 had finished up at 7,305 poi...

ASX pushed higher after earnings reports by majors Cochlear, CSL, and Seek reported results today In a surprising move, China’s central bank PBOC cuts its key lending rates   The ASX 200 gained around 0.3% on Tuesday after a slew of earni...

It was a depressing start to the trading week for the S&P/ASX 200 Index (ASX: XJO) this Monday. Following on from Friday’s losses, ASX 200 investors stepped on the gas when it came to selling today. By the end of t...

The ASX is down almost 1pc today China’s concerns are weighing on markets Aussies still confident stock portfolio will go up in 1 year   The ASX 200 dropped by -0.85% today as concerns about the Chinese economy weighed on markets. Today’s...

The ASX gained 0.1% on Thursday ahead of US CPI data tonight Coal stocks gained, while most Asian markets finished lower Fashion retailer Cettire up by more than 20pc on strong FY23 results   Local shares climbed modestly by 0.1% on Thurs...

In this week's Weekly Insights:-Healthy Health, Wealthy Wealth-August Results: Early Observations-Conviction Calls and Best Ideas-FNArena Talks (2x)By Rudi Filapek-Vandyck, Editor Healthy Health, Wealthy WealthHigher bond yields and a tough...

As we enter reporting season, I thought it would be timely to take a moment and review four key sectors of the small companies market that will no doubt be front of mind for many investors. At a macro level we continue to see speculation ar...

Earnings season has now kicked off and countless ASX shares are getting ready to hand in their report cards. Goldman Sachs has been running the rule over the market and has picked out a number of ASX shares as having potential for positive...

Analysts raise target prices for SiteMinder after management brings forward the time frame for being free cash flow positive. -Buoyant FY23 trading and FY24 outlook for SiteMinder-Guidance brought forward for positive free cash flow-Wilsons...

The Sayona Mining Ltd (ASX: SYA) share price is rising strongly this morning after the lithium and graphite miner released its June quarter report. Sayona Mining shares are currently up 4.83% to 15.2 cents. The S&P/ASX All Ordinar...

The S&P/ASX 200 Index (ASX: XJO) was on form in July and charged 2.9% higher after inflation started to cool. Four ASX 200 shares that climbed more than most during the month are listed below. Here’s why they smashed the market in...

The ASX swung to a modest loss on Monday Earnings updates from Silver Lake, IGO and Lynas China released worrying data    Local shares swung to red territories in the afternoon as traders dumped Staples and Tech stocks, which fell by 1% e...

As noted previously, artificial intelligence (AI) has been almost the sole reason any investors have taken on risk this calendar year. The NASDAQ 100 is up 42 per cent year-to-date, and its gains are almost entirely driven by the prices of...

It was another big week for ASX shares. And with reporting season kicking off, there were a lot more than five companies that helped define the past week’s trading. But, as that would exceed the scope of this article, here are the five A...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to end the week deep in the red. At the time of writing, the benchmark index is down 1.15% to 7,370.2 points. Four ASX shares that are not letting that hold them back...

The local share market posted another strong day, adding 0.7%, as news of the Federal Reserve potentially pausing rate hikes boosted the property and technology sectors, up 3.3% and 2.2%, respectively. The likes of Goodman Group (ASX:GMG) a...

The Sayona Mining Ltd (ASX: SYA) share price has continued its disappointing run on Friday. This has seen the lithium developer’s shares drop over 6% to a fresh 52-week low of 14 cents. This latest decline means that the Sayona share pri...

Weekly broker Wrap: headwinds for Australian REITs; increasing hyperscaler capexto provide cloud-relatedtailwinds;Aussie hardship survey& stocks picks from the E&C and Chemical sectors -Lower returns and superior alternatives may we...

The ASX 200 had another fine day, ending with a 0.73% gain overall Sectors wise, Tech and Real Estate were the winners, while Materials dipped as a whole, partly due to Rio and Fortescue  Standout small-cap performers: R3D, PAC, and the ju...

The ASX has closed the day more than 0.7 per cent higher with nearly all the sectors in the green and still shinning after yesterday’s lower inflation data. Mining giant Rio Tinto (RIO) closed nearly 2.5 per cent lower at around $117, BH...

It’s been another great day for ASX 200 investors and the S&P/ASX 200 Index (ASX: XJO) this Thursday. The ASX 200 is now onto a three-day winning streak after gaining a solid 0.73% today, which lifts the index to 7,455.9 point...

ASX 200 climbed to a 100-day high  Energy and Mining retreated after a flurry of earnings reports Fortescue Metals fell despite delivering at the top end of guidance   Local shares jumped by another 0.75% on Wednesday, touching a 100-day...

With reporting season about to begin and confession season well-underway, analysts are keen to understand the extent to which any pullback in consumer activity has, for example, impacted business. Thus far, earnings momentum has tilted nega...

The S&P/ASX 200 Index (ASX: XJO) is charging notably higher for a second day in a row. In afternoon trade, the benchmark index is up 0.9% to 7,471.1 points. Four ASX shares that are climbing more than most today are listed below. Here...

The S&P/ASX 200 Index (ASX: XJO) is unlikely to post a new record high today. But with another big day of gains looking to be in the bag, the benchmark index is getting enticingly close. In afternoon trade, the ASX 200 is up 0.8% at 7...

Apparently, Mt Dare Hotel is South Australia’s most remote pub. It’d want to be – it’s in the far, far north of the state, an outback stone’s throw from the NT border. It’s known as the last stop before crossing the Simpson Des...

The Alcidion Group Ltd (ASX: ALC) share price is on the move today as shareholders digest the company’s fourth-quarter performance. Shares in the healthcare software provider are 9.1% higher this morning, trading hands at 12 cents apiece....

The Megaport Ltd (ASX: MP1) share price has just soared 11.62% to a new 52-week high of $10.36 after the company released its FY23 4Q report on Thursday. For the first time ever, Megaport has reported a positive net cash quarterly result...

The Panoramic Resources Ltd (ASX: PAN) share price is having a very tough time on Thursday. The ASX mining share crashed as much as 45% to a 52-week low of 5 cents this morning. The base metals developer has recovered a touch since then bu...

US rate rise boosts local optimism. Megaport soars. Regis top loser as Nuix leads gains. Fortescue tips flat or slightly higher FY24 iron exports. Weak conditions hit Macquarie. 

In this week's Weekly Insights:-Opportunities With A Five Year Horizon-Company Reports: Early Trends-Company Reports: Inflation-Company Reports: Conviction-Company Reports: Technology Sector-REITs In FocusBy Rudi Filapek-Vandyck, Editor FNA...

Thankfully, this Tuesday’s session so far has seen a healthy rebound for ASX shares and the S&P/ASX 200 Index (ASX: XJO). At the time of writing, the ASX 200 has added 0.36% so far today, in a pleasing repudiation of yesterday’s slight...

In a previous Closing Bell video, I suggested Megaport and Spotify as ideas for tech stocks. However, we are in the middle of a storm and may have further volatility to withstand as growth slows. In today’s Closing Bell, I show you another...

At noon, the S&P/ASX 200 is 0.37 per cent lower at 7,298. There was a sell-off in the technology sector triggered by disappointing earnings results on Wall Street. The local technology sector tumbled 2.9%, with Xero (ASX:XRO) falling 3....