Articles On Megaport (ASX:MP1)

Highlights The S&P/ASX 200 closed higher today (20 July 2022), up 1.65% at 6,759.20 points. In last five trading sessions, the benchmark index has gained 2.08%. All sectors ended higher today, and IT was the best performing sector...

The company witnessed profitability in the new markets, ahead of schedule, driving its EBITDA during the June quarter. Shares of Megaport Ltd (ASX:MP1) ...

Wall Street inspires strong Asian market gains Bubs leads quarterly numbers at home Victory Goldfields becomes Victory REE for Wednesday Let’s start big and go little today. The S&P500 closed 2.6% higher early this morning – best sess...

ASX was up by more than 1.65% Tech and Miners led the rally RBA governor Phil Lowe “would have done things differently in hindsight” The ASX surged by 1.65% on Wednesday in a tech and mining driven rally. It’s been the best day for the AS...

Tech stock Megaport [ASX:MP1] surged more than 20% on Wednesday after its June quarter saw record monthly recurring revenue and an inaugural EBITDA profit. The post Megaport [ASX:MP1] Shares Spike 20% on EBITDA Profit appeared first on Mone...

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

The Block Inc (ASX: SQ2) share price is soaring today amid a positive day for buy now pay later (BNPL) shares. The company’s shares are currently swapping hands at $100.63, a 4.71% gain. For perspective, the S&P/ASX 200 Index (AS...

Hooray! The S&P/ASX 200 Index (ASX: XJO) has shaken off the insecurity it showed earlier in the week and is now healthily rising. At the time of writing, the ASX 200 has put on a pleasing 1.54% and is now up around 6,752 points.  But...

Megaport (MP1) sees shares soar following the release of its quarterly report, which highlights growth across most key metrics The company delivers its first EBITDA profit for the fourth quarter, which was driven by the turn to profitabili...

Telstra Corporation Ltd (ASX: TLS) shares have been a staple of the ASX dividend investors‘ portfolio for decades now. This blue chip telco of the S&P/ASX 200 Index (ASX: XJO) has a long history of paying out large and fully franked di...

The S&P/ASX 200 Index (ASX: XJO) is having a very strong day on Wednesday. In afternoon trade, the benchmark index is up 1.5% to 6,751 points. Four ASX shares that have failed to follow the market higher today are listed below. Hereâ€...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to record a strong gain. At the time of writing, the benchmark index is up 1.8% to 6,762.7 points. Four ASX shares that are climbing more than most today are listed be...

The S&P/ASX All Technology Index (ASX: XTX) is up 3.64% so far today, but these three ASX tech shares are soaring far higher. Megaport Ltd (ASX: MP1), Vection Technologies Ltd (ASX: VR1), and SmartPay Holdings Ltd (ASX: SMP) share...

The Appen Ltd (ASX: APX) share price is well and truly in the green on Wednesday despite no news having been released by the company. It’s joined in the green by its technology-focused peers. At the time of writing, the Appen share price...

Australian shares surged to a five-week high as Wall Street’s best night in a month sharpened hopes equity markets were building a base after months of downward pressure. The S&P/ASX 200 jumped 120 points or 1.8 per cent to 6770. The...

The Magellan Financial Group Ltd (ASX: MFG) share price has spiked 8.69% to $13.63 per share in lunchtime trading on Wednesday. While there has been no news released by the company today, many investors may still be digesting Magellan’...

ShareCafeLunch Report: 20 July, 2022 by Paul Sanger   Australian shares shot up 1.66 per cent in morning trading, hitting a fresh three-week high, led by tech and financials. This followed a rally in US stocks overnight, driven by upbeat...

At lunch on Wednesday, the S&P/ASX 200 Index (ASX: XJO) is on course to record a very strong gain. The benchmark index is currently up 1.75% to 6,765.5 points. Here’s what is happening on the ASX 200 today: Megaport shares jump The...

20 Jul 2022 - A snapshot of the stocks on the move featuring Euro Manganese (ASX:EMN), Centaurus Metals (ASX:CTM), Smartpay (ASX:SMP) and Megaport (ASX:MP1).

The Megaport Ltd (ASX: MP1) share price is currently up 20% after the technology business revealed profit in its FY22 fourth quarter. Megaport describes itself as the global leading provider of ‘elastic interconnection services‘. Its platfo...

The Xero Limited (ASX: XRO) share price has been a positive performer today. The cloud accounting platform provider’s shares were up as much as 8% to $89.28 at one stage. The Xero share price has since pulled back a touch but remains up...

The Novonix Ltd (ASX: NVX) share price is taking off on Wednesday despite the company’s silence. The battery technology and materials stock is joined in the green by many of its S&P/ASX 200 Index (ASX: XJO) tech peers. At the time of...

This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated. This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated. What happened Much ado...

The Pendal Group Ltd (ASX: PDL) share price is heading south today. This follows the company’s announcement late yesterday regarding a ‘potential transaction’. At the time of writing, the fund manager’s shares are swapping hands at $4.36,...

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...

The Megaport Ltd (ASX: MP1) share price is soaring today after the company delivered EBITDA profit for the first time. The technology company’s share price is currently swapping hands at $8.00, a 23.65% gain. That’s after hitting a high o...

Highlights: ASX 200 stocks witnessed a jump at the market open, pushed by the NASDAQ Composite that gained 2.9% in its last session. Reserve Bank governor Philip Lowe, in a speech today, has stated that cash rate would not peak too hig...

The Allkem Ltd (ASX: AKE) share price is falling on Wednesday following the release of the company’s quarterly update. In early trade, the lithium miner’s shares are down 1% to $9.72. Allkem share price falls despite record quarter The All...

This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated. This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated. In just a few months,Â...

World Overnight SPI Overnight 6626.00 + 79.00 1.21% S&P ASX 200 6649.60 – 37.50 – 0.56% S&P500 3936.69 + 105.84 2.76% Nasdaq Comp 11713.15 + 353.10 3.11% DJIA 31827.05 + 754.44 2.43% S&P500 VIX 24.50 – 0.80 – 3.16%...

The ASX 200 closed 0.6% lower today The RBA releases its meeting minutes Coal and Energy stocks rise again, while Tech and Healthcare lag The ASX 200 is down by 0.63% on Tuesday, shadowing the movements in Wall Street overnight. Tech and...

The Xero Ltd (ASX: XRO) share price closed well in the red on Tuesday amid a rough day for ASX tech shares. At market close , Xero shares finished at $83.00 each, a 5.71% fall. For perspective, the S&P/ASX 200 Index (ASX: XJO) fini...

The Megaport Ltd (ASX: MP1) share price has struggled year to date, but could this earnings season be a turning point? The technology company’s share price has slid 66% since the beginning of the year. In early trade on Tuesday, the Megap...

WAM Alternative Assets Ltd (ASX: WMA) is a listed investment company (LIC) that invests in alternative assets. Most LICs on the ASX invest in ASX shares or global shares. But WAM Alternative typically invests in unlisted businesses and ass...

Regular readers will already know that macroeconomics are dominating discussions about ASX shares at the moment. Long-term company outlook has been put aside while the market is, rightly or wrongly, focused on inflation, rising interest ra...

Ask A Fund Manager The Motley Fool chats with the best in the industry so that you can get an insight into how the professionals think. In this edition, Cyan Investment Management portfolio manager Dean Fergie shares his thoughts on the sm...

ShareCafeLunch Report: 18 July, 2022 by Tim McGowen   ANZ Bank (ASX:ANZ) has confirmed that it proposes to buy Suncorp’s (ASX:SUN) banking business for $4.9 billion and will ask its shareholders to cough up $3.5 billion via a one for 15 ful...

At lunch on Monday, the S&P/ASX 200 Index (ASX: XJO) is on course to start the week with a gain. The benchmark index is currently up 0.45% to 6,636.3 points. Here’s what is happening on the ASX 200 today: ANZ to acquire Suncorp Bank...

Share tips and stock recommendations for the Australian (ASX) share market – buy, hold, and sell. Michael Gable is an expert guest commentator for the stock market newsletter thebull.com.au. This post is an extract from the newsletter dated...

Australian Foreign Minister Penny Wong has spoken with her counterpart Wang Yi, with the latter providing a list of requests to fulfil to restore a tattered relationship. Wang Yi said Australia should treat China as a partner, not as an...

Aussie shares hit a three-week low before paring falls as two nights of dip-buying on Wall Street and a rally in US equity futures fuelled optimism that markets might be building a base. The S&P/ASX 200 more than halved its fall to 4...

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...

A 20-month low in the heavily-weighted basic materials sector helped drag the share market down 0.9 per cent as China’s real estate woes undermined commodity prices. The S&P/ASX 200 sank 61 points or 0.92 per cent by mid-session....

S&P/ASX 200 Index (ASX: XJO) coal shares are running hot today … again. At the time of writing, the ASX 200 is shrugging off sky-high inflation figures from the United States for a gain of 0.3%. But ASX 200 coal shares are leaving the...

ShareCafeEvening Report: 13 July, 2022 by Melissa Darmawan   Australian shares lacked conviction as investors remained cautious ahead of the US inflation data. The index remained in a holding pattern as it jumped above and below the flat li...

If you’re wanting to gain exposure to the beaten down tech sector, then it could be worth considering the two ASX tech shares listed below that Goldman Sachs rates as buys. Here’s what you need to know about these tech shares: Megaport...

Wednesday was a wobbly one for S&P/ASX 200 Index (ASX: XJO) shares as energy stocks weighed on the market. The index finished today’s session 0.23% higher at 6,621.60 points. However, investors may have breathed a sigh of relief as t...

Australian shares overcame weak leads to edge higher late in the session to a second straight gain. The S&P/ASX 200 wavered between losses and gains before kicking up 15 points or 0.23 per cent in the final hour of trade. The rally b...

The ASX 200 closed slightly up today The RBNZ lift rates by 50bp to 2.5% Ahead tonight, the all important US CPI Local blue chips whipsawed between minor gains and losses today, finally settling to a +0.2% close. Investors were mostly sit...

In late trade, the S&P/ASX 200 Index (ASX: XJO) is on track to record a small gain. The benchmark index is currently up 0.2% to 6,619.9 points. Four ASX shares that are climbing more than most today are listed below. Here’s why they ar...