Articles On Megaport (ASX:MP1)

Macquarie Group Ltd (ASX: MQG) shares are in the green on Thursday, up 0.88% to $185.53. Macquarie is often referred to as the fifth bank of Australia’s big four ASX 200 bank shares. It isn’t your traditional sort of bank that simply len...

After a promising start this morning, the S&P/ASX 200 Index (ASX: XJO) and ASX 200 stocks have settled into a bit of a lacklustre session this Thursday. At the time of writing, the ASX 200 is up by just 0.04%, despite rising as much as...

Stock market crashes are a reality of investing. There are many strategies investors use to deal with a market crash in order to ensure the minimum amount of damage to their portfolios. With that in mind, I’m going to talk about three th...

World Overnight SPI Overnight 7239.00 – 20.00 – 0.28% S&P ASX 200 7298.50 – 4.60 – 0.06% S&P500 4522.79 + 17.37 0.39% Nasdaq Comp 14244.95 + 131.25 0.93% DJIA 34585.35 + 76.32 0.22% S&P500 VIX 13.48 + 0.14 1.05%...

An additional news report on the recommendation, valuation, forecast and opinion changes and updates for ASX-listed equities. In addition to The Australian Broker Call Report, which is published and updated daily (Mon-Fri), FNArena has now...

Weekly update on stockbroker recommendation, target price, and earnings forecast changes. By Mark Woodruff Guide: The FNArena database tabulates the views of eight major Australian and international stockbrokers: Citi, Bell Potter, Macquari...

Netwealth Group Ltd (ASX: NWL) shares fell by 8.7% in earlier trading to an intraday low of $13.20. The ASX financial share has recovered some ground to $13.57 per share at the time of writing, down 6.16%. The Netwealth share price storme...

The S&P/ASX 200 Index (ASX: XJO) is having another strong session on Friday. In afternoon trade, the benchmark index is up 0.9% to 7,309.6 points. Four ASX shares that have failed to follow the market higher today are listed below. He...

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...

World Overnight SPI Overnight 7243.00 + 39.00 0.54% S&P ASX 200 7246.90 + 111.20 1.56% S&P500 4510.04 + 37.88 0.85% Nasdaq Comp 14138.57 + 219.61 1.58% DJIA 34395.14 + 47.71 0.14% S&P500 VIX 13.61 + 0.07 0.52% US...

Megaport Limited (ASX:MP1) has issued a guidance upgrade due to better than anticipated results in Q4FY23.

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to record another strong gain. At the time of writing, the benchmark index is up 1.65% to 7,253.5 points. Four ASX shares that are rising more than most today are liste...

How is it possible that the ASX 200 bank shares are underperforming the S&P/ASX 200 Index (ASX: XJO) despite interest rates rising at their fastest pace on record? Over the past 12 months, the ASX 200 has risen by 9.35%. Here’s what...

The Netwealth Group Ltd (ASX: NWL) share price is catching the eye on Thursday. In morning trade, the investment platform provider’s shares are up over 7% to a 52-week high of $14.78. Why is the Netwealth share price racing higher? Inves...

Blackmores Ltd (ASX: BKL) shares may not be on the ASX boards for much longer. That’s because, next week shareholders will be given the opportunity to vote on the $1.88 billion takeover proposal tabled by Japanese giant, Kirin Holdings C...

World Overnight SPI Overnight 7158.00 + 62.00 0.87% S&P ASX 200 7135.70 + 26.80 0.38% S&P500 4472.16 + 32.90 0.74% Nasdaq Comp 13918.96 + 158.26 1.15% DJIA 34347.43 + 86.01 0.25% S&P500 VIX 13.54 – 1.30 – 8.76% U...

The S&P/ASX 200 Index (ASX: XJO) continued the top form we saw yesterday on the markets this Wednesday. The ASX 200 finished up at 7,135.7 points today after a healthy 0.38% gain. That adds nicely to the pleasing 1.5% rise investors en...

Many of Australia’s top brokers have been busy adjusting their financial models again, leading to the release of a number of broker notes this week. Three ASX shares brokers have named as buys this week are listed below. Here’s why the...

Shares in Megaport soared 34 per cent on Tuesday after the high-speed connectivity services provider said earnings would come in at between $19 ...

World Overnight SPI Overnight 7013.00 + 25.00 0.36% S&P ASX 200 7108.90 + 104.90 1.50% S&P500 4439.26 + 29.73 0.67% Nasdaq Comp 13760.70 + 75.22 0.55% DJIA 34261.42 + 317.02 0.93% S&P500 VIX 14.84 – 0.23 – 1.53%...

The 2023 financial year might have been a good one for ASX shares, but it’s no time to be complacent. The pain of 12 interest rate rises is still cascading through the economy, while inflation still rages on at an unacceptably high level....

On Tuesday, the S&P/ASX 200 Index (ASX: XJO) was back on form and raced higher. The benchmark index rose 1.5% to 7,108.9 points. Will the market be able to build on this on Wednesday? Here are five things to watch: ASX 200 expected t...

Megaport (ASX: MP1) stock jumps over 25%. Here's why · Megaport has upgraded the normalised EBITDA guidance for FY23 to between AU$19 million and AU$21 ...

This content is created by Smallcaps Authors. [Author : Imelda Cotton] Cloud connectivity provider Megaport (ASX: MP1) has announced an upgrade to its earnings data for the 2023 financial year as a result of continued operational improvem...

The ASX has closed 1.5 per cent higher, recovering off a 50-day low. All sectors made gains, with IT gaining nearly 2.5 per cent and real estate and materials each picking up more than 1.5 per cent. In the green Billion-dollar mark...

ASX snaps a 4-day run of bruising luck with a welcome 1.5% gain Techies did a lot of the heavy lifting, while the Goldies put on a +3.54% show The day’s clear winner was Mobilicom, up 150% at day’s end on juicy defence news   Local market...

The ASX rebounds by more than 1% Gold and lithium stocks climb, while Megaport surged 30pc Aussie consumer confidence however took a hit according to ANZ-Roy Morgan   Local shares rebounded from five sessions of losses with +1.2% gain tod...

Shares of Megaport Limited (ASX:MP1) are soaring after the company announced an upgrade to its earnings before interest, tax, depreciation, and amortisation (EBITDA) guidance for the financial year 2023 and provided insights into its financ...

11 Jul 2023 - Shares of Megaport (ASX:MP1) are soaring after the company announced an upgrade to its EBITDA guidance for FY23.

The S&P/ASX 200 Index (ASX: XJO) is back on form on Tuesday and charging higher. In afternoon trade, the benchmark index is up 1.1% to 7,080.5 points. Four ASX shares that are climbing more than most today are listed below. Here’s w...

The Megaport Ltd (ASX: MP1) share price is rocketing higher this afternoon. At the time of writing, the elastic interconnection services provider’s shares are up a massive 27% to $8.53. Why is the Megaport share price rocketing higher? I...

Brisbane-based cloud technology company Megaport (ASX: MP1) has today lifted its normalised earnings guidance by $3 million for FY23, and is so confident for its cash flow prospects in the current financial year that it terminated a $25 mil...

Shares on track to end four-day losing streak. Megaport shares soar, then earnings upgrade lands. Consumer confidence slips, business conditions steady.  

Infratil Ltd (ASX: IFT) shares are pushing higher on Monday. At the time of writing, the ASX All Ords share is up 1.5% to $9.52. The catalyst for this appears to be news that the company has made a major investment. What is this ASX All Or...

Weekly Broker Wrap: two ASX companies receiving an AI boost; chargebacks for travel firms; residentially exposed REITs & the banking environment in New Zealand. -Two ASX-listed companies receiving a boost from AI-Travel firms confronted...

The saturation of articles about artificial intelligence (AI) makes it hard for those endowed with the traditional grey matter to come to grips with either the manifold benefits – or dastardly consequences – of the trend. Chatbot tells us t...

Local shares fell 1.6% on Thursday following a broad-brushed selloff Investors offloaded shares as Fed Chair Jerome Powell told Congress there will be more rate hikes Short selling against US stocks have now surpassed US$1 trillion   The...

The tech sector is a sea of red on Thursday, with heavy declines being seen across the board. While this is disappointing, previous selloffs have proven to be great buying opportunities for investors. But which ASX tech shares could be buy...

The S&P/ASX 200 Index (ASX: XJO) enjoyed yet another positive session in what has been a great start to the trading week this Monday. After rising every single day in the shortened last week, the ASX 200 added another 0.6% this sessio...

The ASX lifted half a percentage point, taking its year-to-date gain to 5% Banks and tech stocks advanced Lake Resources sank 20% after providing an update on Kachi   Financial and tech stocks lifted the ASX higher by about half a percent...

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...

ShareCafeASX up 0.54% at noon after strong results from US shares overnight by Peter Milios   The Technology sector recorded robust gains, rallying over 2 per cent after Apple and Microsoft each reset their record highs overnight on Wall St...

All ASX 200 shares can fluctuate up and down in the short term. But for long-term investors, this has no bearing on the upward direction they’ll eventually head in if the stocks represent quality companies. The team at ECP Growth Companies...

World Overnight SPI Overnight 7191.00 + 44.00 0.62% S&P ASX 200 7138.90 + 16.40 0.23% S&P500 4369.01 + 30.08 0.69% Nasdaq Comp 13573.32 + 111.40 0.83% DJIA 34212.12 + 145.79 0.43% S&P500 VIX 14.61 – 0.40 – 2.66%...

After a shaky start in the red this morning, the S&P/ASX 200 Index (ASX: XJO) ended up closing higher on Tuesday afternoon. The ASX 200 finished the day at 7,138.9 points, a gain of 0.23% These gains might have been helped by last week...

Local shares close +0.2% higher today ahead of the Fed Reserve meeting Analysts believe the Fed will pause this month Tech stocks surged today as the Nasdaq hit its highest level since April 2022   Local traders bought tech stocks ahead o...

Short sellers think 2023 might be a turbulent trip for Flight Centre, which remains the ASX’s most shorted stock Several ASX lithium stocks continue to be target of short sellers despite lithium prices ticking upwards from recent lows  Sho...

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...

The uncertainty over the economy and asset prices means it could be worth listening to the professionals to see which ASX shares they are investing in. Let’s take a look at three stocks that the fund managers at LSN Emerging Companies Fund...

The S&P/ASX 200 Index (ASX: XJO) is down 0.9% in the past year. Its underwhelming performance likely prompting investors to ponder whether ASX shares are worth their time and money. After all, a ‘risk-free’ return of more than 4% is no...