Articles On Megaport (ASX:MP1)

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...

World Overnight SPI Overnight 7464.00 + 23.00 0.31% S&P ASX 200 7501.70 + 25.00 0.33% S&P500 4119.21 + 42.61 1.05% Nasdaq Comp 11816.32 + 231.77 2.00% DJIA 34092.96 + 6.92 0.02% S&P500 VIX 17.87 – 1.53 – 7.89% US...

Megaport Limited's (ASX:MP1) Q2 / 1H FY23 was mixed.

This month we add CSL Limited (ASX:CSL), Qantas (ASX:QAN), Mineral Resources (ASX:MIN) and Megaport (ASX:MP1) from the Morgans Best Ideas list.

Highlights A new 100-day high for ASX 200 was noted at market close on 1 February 2023. The ASX 200 was up, gaining 0.33% to 7,501.70. Over the past five days, ASX 200 has gained 0.45%. Top performers of the day included Flight Centr...

Megaport (ASX:MP1) reported its third successive quarterly EBITDA profit for 2Q FY23.

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...

On Tuesday, Megaport Ltd (ASX: MP1) shares were sold off following the release of the network services company’s quarterly update. The company’s shares ended the day almost 25% lower at $5.78. Why were Megaport shares sold off? Althoug...

World Overnight SPI Overnight 7469.00 + 44.00 0.59% S&P ASX 200 7476.70 – 5.00 – 0.07% S&P500 4076.60 + 58.83 1.46% Nasdaq Comp 11584.55 + 190.74 1.67% DJIA 34086.04 + 368.95 1.09% S&P500 VIX 19.40 – 0.54 – 2.71%...

On Tuesday, the S&P/ASX 200 Index (ASX: XJO) ended the month in a subdued fashion. The benchmark index fell 5 points to 7,476.7 points. Will the market be able to bounce back from this on Wednesday? Here are five things to watch: ASX...

Two ASX 300 betting shares suffered massive falls today following the release of their quarterly results. The share prices of Pointsbet Holdings Ltd (ASX: PBH) and Betmakers Technology Group Ltd (ASX: BET) both tumbled more than 10% today...

ShareCafeAus shares close 0.07% lower but rise 6.2% in January by Peter Milios   Australian shares fluctuated on Tuesday with a 0.4 per cent gain and later 0.2 per cent loss. Consumer stocks led the gains, up 2.3 per cent, while tech stocks...

IMF says Everything’s War on Everything is great, except for the bad bits Short-sighted mortgage takers are bricking it over projected 4.1% interest rates in ‘23 Strong quarterlies have driven huge gains among well-placed small caps today...

This week is shaping up to be one to forget for the S&P/ASX 200 Index (ASX: XJO). It posted its second loss of the week today, falling 0.07% to close at 7,476.7 points. It follows a similarly poor session on Wall Street overnight. The...

It was a very bumpy ride for the S&P/ASX 200 Index (ASX: XJO) this Tuesday. After a strong start this morning, the ASX 200 closed 0.07% lower. But the Lynas Rare Earths Ltd (ASX: LYC) share price must be wishing it was so lucky. Lynas...

Local shares closed 0.20% lower on Tuesday Megaport tumbled 25% Aussie retail sales slowed down in December   The ASX closed 0.20% lower on Tuesday after seesawing between gains and losses throughout the session. The Tech sector weighed o...

The share market trimmed its best monthly return since last March ahead of overseas risk events. The S&P/ASX 200 eased five points or 0.07 per cent on the last session of the month to its first back-to-back loss of the new year. G...

This month we add CSL Limited (ASX:CSL), Qantas (ASX:QAN), Mineral Resources (ASX:MIN) and Megaport (ASX:MP1) from the Morgans Best Ideas list.

It’s been a shaly and indecisive day for the S&P/ASX 200 Index (ASX: XJO) so far this Tuesday. After rallying this morning, the ASX 200 has slipped back into negative territory over the afternoon.  At present, the index is sitting on...

Shares slide as tech and real estate stocks lag. Megaport hammered on earnings miss. Bubs results hit by China woes. BWX cuts outlook. Retail sales drop greater than tipped.

The S&P/ASX All Technology Index (ASX: XTX) is down 0.81% today, but one ASX tech share is bucking the trend. The IntelliHR Ltd (ASX: IHR) share price soared soared 75% in earlier trade to 11 cents before retreating slightly. The comp...

The S&P/ASX 200 Index (ASX: XJO) is on course to record a small gain. At the time of writing, the benchmark index is up slightly to 7,485.1 points. Four ASX shares that have failed to follow the market higher today are listed below. He...

The share market defied weak leads from Wall Street as gains in defensive sectors helped keep it on track for its best monthly return in more than two years.   The S&P/ASX 200 rallied 11 points or 0.14 per cent to 7493. Today’s advan...

ShareCafeHigh cost of living causes a fall in retail sales: ASX up 0.22% at noon by Peter Milios   Retail sales in Australia fell 3.9% in December, surprising expectations for a 0.2% decline. The ABS Head of Retail Statistics noted that the...

The Megaport Ltd (ASX: MP1) share price is sinking today amid the company’s quarterly update. Megaport shares are currently down 20.18% and are fetching $6.13. The company’s share price rose 22% between market close on 30 December and 30 J...

1) After a difficult 2022, it has been a great start to the new calendar year for stock market investors, with the S&P/ASX 200 Index (ASX: XJO) up more than 6% in January. US markets have been even stronger, especially the tech-heavy N...

World Overnight SPI Overnight 7417.00 – 10.00 – 0.13% S&P ASX 200 7481.70 – 12.10 – 0.16% S&P500 4017.77 – 52.79 – 1.30% Nasdaq Comp 11393.81 – 227.90 – 1.96% DJIA 33717.09 – 260.99 – 0.77% S&P500 VIX 19.94 + 1.43...

The share market backed off a nine-month high as investors wait to see if the January rally in global equities weathers a string of central bank interest rate decisions this week. The S&P/ASX 200 eased 12 points or 0.16 per cent as U...

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...

ASX investors love to see the insiders of companies they have shares in putting their money where their mouths are and buying shares of the businesses they are running. After all, the ultimate job of a company insider is to lead their comp...

By Mark Woodruff Guide: The FNArena database tabulates the views of seven major Australian and international stock brokers: Citi, Credit Suisse, Macquarie, Morgan Stanley, Morgans, Ord Minnett and UBS. For the purpose of broker rating corre...

The tech sector has been a difficult place to invest over the last 12 months. With interest rates rising across the globe, tech valuations have been hit hard. The good news is that analysts at Morgans believe the sector is now trading at a...

The share market logged its longest run of weekly advances since August after wholesale inflation cooled and Wall Street welcomed signs of economic resilience in the face of interest rate rises. The S&P/ASX 200 rallied 25.5 points or...

It’s looking like the S&P/ASX 200 Index (ASX: XJO) will have a positive end to the trading week at this point of Friday’s trading session. At the time of writing, the ASX 200 has gained a healthy 0.4%, which puts it back over the 7,50...

It’s been a fairly pleasant day of trading for the S&P/ASX 200 Index (ASX: XJO ) so far this Friday. At the time of writing, the ASX 200 has added a decent 0.45%, putting the index at bang on 7,500 points. But ASX 200 tech shares are h...

Small-cap ASX share Silk Logistics Holdings Ltd (ASX: SLH) has been tipped as a top pick by Cyan Investment Management co-founder Dean Fergie. In its most recently reported financial results, the warehousing and logistics company saw its F...