Articles On Megaport (ASX:MP1)

The share market surged to a two-week high after the Reserve Bank softened its interest rates guidance after raising the cash rate target for a record tenth straight time and suggesting inflation has peaked. Stocks popped and the dollar...

The Lynas Rare Earths Ltd (ASX: LYC) share price is down 1.95% to $7.31 at the time of writing. In earlier trading, the rare earths stock hit a new 52-week low of $7.26 per share. Meantime, the S&P/ASX All Ordinaries Index (ASX: XAO)...

The S&P/ASX 200 Index (ASX: XJO) has shaken off some morning blues and is pushing higher this afternoon, perhaps thanks to the Reserve Bank’s latest interest rate hike. At the time of writing, the ASX 200 has gained a healthy 0.51%, pu...

The Sonic Healthcare Ltd (ASX: SHL) share price is in the red — and has been for most of today’s trading — after the S&P/ASX 200 Index (ASX: XJO) healthcare share went ex-dividend. Last month was reporting season, when investors lear...

After fighting back from a poor start, the S&P/ASX 200 Index (ASX: XJO) has slipped back into the red in afternoon trade. The benchmark index is currently down slightly to 7,326.4 points. Four ASX shares that are falling more than most...

Aussie shares hovered near a two-week high in cautious trade ahead of this afternoon’s RBA interest rate announcement. Declines in mining and tech stocks helped ease the S&P/ASX 200 down two points or 0.02 per cent. Gains in supermar...

The team at Morgans regularly picks out its best ASX share ideas. These are the ASX shares that the broker thinks offer the highest risk-adjusted returns over a 12-month timeframe supported by a higher-than-average level of confidence. Amo...

ShareCafeASX down 0.12% at noon as investors await RBA decision by Peter Milios   Australia’s share market is trading slightly weaker ahead of the Reserve Bank of Australia’s decision. At noon, the S&P/ASX 200 is 0.12 per cent lower at...

The S&P/ASX 200 Index (ASX: XJO) is having a bit of a slow day so far this Tuesday. At the time of writing, the ASX 200 has slumped by 0.15%, dragging the Index down to around 7,317 points. But that’s nothing compared to the woes of th...

The founder and CEO of WiseTech Global Ltd (ASX: WTC), Richard White, has just sold around $5 million in shares of the S&P/ASX 200 Index (ASX: XJO) company. According to a WiseTech announcement to the ASX, the executive made sales betw...

The Pentanet Ltd (ASX: 5GG) share price has been a sensational performer on Tuesday. In early trade, the cloud gaming provider’s shares rocketed as much as 70% to 28 cents. The Pentanet share price has pulled back a touch since then but...

Perhaps uniquely amongst the top shares of the S&P/ASX 200 Index (ASX: XJO), healthcare giant CSL Ltd (ASX: CSL) is not well known for its dividend payments. That’s because, unlike the big four banks, and the likes of BHP Group Ltd (AS...

Stockhead’s Top 10 at 10, published at ~10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

Vincent English has tendered his resignation as CEO of Brisbane-based cloud technology company Megaport (ASX: MP1), following six years in the role in which he helped guide the company to a tenfold increase in revenue. With global and Aust...

TPG Capital launches takeover bid for InvoCare. Megaport tumbles on CEO exit. Woodside chief sells shares for tax reasons. Rio Tinto fined $US15m over alleged bribery scheme.

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...