Articles On Megaport (ASX:MP1)

Megaport Limited's (ASX:MP1) Q2 result was in line with our expectations for revenue while cash costs were ahead of our expectations.

“Your Stock Request” is a weekly video where we analyse share price charts for stocks on the Australian market (ASX) as requested by you! Email us at [email protected] with your stock request. Limit of one per person, no guarantee o...

World Overnight SPI Overnight 7235.00 + 10.00 0.14% S&P ASX 200 7332.50 – 76.30 – 1.03% S&P500 4532.76 – 44.35 – 0.97% Nasdaq Comp 14340.26 – 166.64 – 1.15% DJIA 35028.65 – 339.82 – 0.96% S&P500 VIX 23.85 + 1.06 4....

The S&P/ASX 200 (ASX: XJO) couldn’t overcome another negative lead from US stock markets on Wednesday, with bond rates and reporting season driving the market again. Only two of the ASX 200’s 11 sectors posted a positive result, with te...

ShareCafeMegaport Shares Hit on Sector Weakness, Soft Guidance Investors sold off Megaport shares yesterday amid more general weakness among the techs and what investors thought was a less than convincing update for the second quarter. The...

On 19th January 2022, the equity market of Australia ended in red. On the same day, ASX Midcap50 fell by 1.31% and ASX 200 was down by 1.03%. ASX All Ordinaries moved down by 1.02% to 7,656.60. On the same day, ASX 100 has encountered a fal...

Highlights The ASX 200 closed 1% lower today, thanks to a sell-off in US stocks overnight. Investors withdrew from risk assets; government bond yields scaled up. Asian stocks also traded in the red zone. The global cryptocurrency mar...

Key points ASX 200 tech shares had a tough day on Wednesday Technology shares followed a similar pattern as on US markets overnight Megaport had a particularly grim day, falling 16%. ASX technology shares finished in the red today af...

Today, the S&P/ASX 200 Index (ASX: XJO) couldn’t avoid the negativity created by rising treasury yields. At the end of the session, the benchmark index finished 1.03% lower at 7,332.5 points. Much like Wall Street overnight, it was te...

Things weren’t looking good ahead of the opening bell today, after a rough session for US stocks following another rise in bond yields overnight. And that bearish momentum flowed through to the ASX 200, which posted its second +1% fall in f...

A last hour selloff saw the ASX 200 closing lower by around 1% today. This followed a rocky session in New York overnight, where all major US stock market benchmarks fell sharply on the back of rising US bond yields. The benchmark 10-year T...

A risk-off down-shift on global markets pushed Australian shares to their weakest close of the year as spikes in energy prices and lending rates added to investor worries. The S&P/ASX 200 sank 76 points or 1.03 per cent to 7333. The...

The S&P/ASX 200 Index (ASX: XJO) is out of form on Wednesday and has dropped deep into the red. In afternoon trade, the benchmark index is down 0.7% to 7,354.5 points. Four ASX shares that are falling more than most today are listed be...

Data centre connectivity company Megaport (MP1) has reported growth across all operating metrics in its December quarterly report In the second quarter of the 2022 financial year, Megaport posted monthly recurring revenue growth (MRR), up...

The ASX fell to its lowest level since before Christmas as soaring lending rates and energy prices dragged down growth stocks. The S&P/ASX 200 hit 7336, its weakest since December 22, before halving its decline to 37 points or 0.5 pe...

Megaport Ltd (ASX: MP1) shares have fallen 12% in morning trade after providing a second-quarter business update. Today’s selling in the cloud infrastructure provider has been amplified by a broader tech sell-off on the NASDAQ 100 overnight...

BrainChip locks in its 8th patent for the Akida chip Pointerra nabs between $4.33-$6.60 million in US utilities contracts in Q2 XRG on track to kick off defence-based projects this quarter   BrainChip (ASX:BRN) The AI chip developer was u...

Highlights The ASX 200 fell 0.69% or 51.3 points to 7,356.9 in the first 15 minutes of trade. Benchmark US Treasury yields rallied to a two-year high on Tuesday. Wall Street's main indices tumbled on Tuesday due to weak results from G...

At lunch on Wednesday, the S&P/ASX 200 Index (ASX: XJO) is out of form and tumbling lower. The benchmark index is currently down 0.6% to 7,365.9 points. Here’s what is happening on the ASX 200 today: BHP’s Q2 update The BHP Group Ltd (...

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

Key points Softening growth during the second quarter weighing on its shares Megaport shares also caught up in tech selloff Management positive on the future The Megaport Ltd (ASX: MP1) share price is under pressure on Wednesday mornin...

The tech sector has been having a tough couple of months. While this is disappointing, it may have created a few buying opportunities for long term focused investors. For example, the two buy-rated ASX tech shares listed below are trading...

Key points ASX 200 tech shares finished the day in the green on Monday Afterpay closed slightly in the red after recovering from a steep fall earlier in the day Technology shares followed the performance of the tech shares on US market...

Key Points BrainChip share price accelerates 100% since last month Positive announcements boost market confidence in the company valuation has doubled at $2.57 billion The BrainChip Holdings Ltd (ASX: BRN) share price is off to an incr...

ASX 200 tech shares are in the green today, following in the footsteps of their counterparts in the United States. The S&P/ASX All Technology Index (ASX: XTX) gained 1.66% today to 2,840.70 points at market close. This was 1% more tha...

The ASX 200 was down 0.25% today, with investors possibly worried about looming US interest-rate hikes and unfolding Omicron news. Of the winners, Woodside (ASX:WPL) was leading the energy pack, up 2.51%, with Rio Tinto (ASX:RIO) leading ma...

Shares in Megaport Ltd (ASX: MP1) have started the year poorly and are now down 4.95% for the week at the time of writing. The plunge extends a 13.82% downward wave that Megaport shares have ridden into over the last month, alongside wea...

A volatile start to the new year continued with the share market’s heaviest loss since 2020 after the threat of tighter monetary policy spooked Wall Street. The S&P/ASX 200 tumbled 207.5 points or 2.74 per cent. The decline surpassed...

The ASX 200 plummeted ~2.7% today, with a huge 6% selloff in the Tech sector weighing heavily on the index. All eleven sectors were in the red, following falls in Wall Street overnight that saw tech heavy Nasdaq slipping by 3.3%. Recent inv...

Tech stocks steered the share market lower for a second day following sharp falls on Wall Street ahead of higher rates this year. The S&P/ASX 200 retreated 98 points or 1.3 per cent by mid-session. The technology sector skidded to...

The past fortnight saw ~$62.79m in big director sales and a more modest ~$20.5m in buys but the biggest buy of the week came from a relatively new gold producer. Emerald Resources (ASX:EMR) director Ross Stanley bought just over $1 million...

A late bout of profit-taking sealed the share market’s fifth losing week in six despite gains in mining and banking stocks this session. The S&P/ASX 200 came within three points of turning positive for the week before slashing its ad...

Gains in mining and bank stocks helped the share market trim its loss for the week despite pressure on BNPL players facing a US regulatory crackdown.   The S&P/ASX 200 rallied 42 points or 0.58 per cent towards its first gain in four...

This year has been a brutal one for investors of tech shares in the S&P/ASX 200 Index (ASX: XJO). Not so long ago, companies in the information technology space were the darlings of the Australian share market. The allure of potential...

The Australian share market is home to a number of companies growing at a rapid rate. Three that could be well-placed for growth are listed below. Here’s what you need to know about these ASX shares: Allkem Ltd (ASX: AKE) The first growt...

ShareCafeThree Themes for Small Caps in 2022 by Michael Steele – Portfolio Manager   The significant rebound in equity markets from its COVID lows will prompt many investors to ponder their ability to generate suitable risk-adjusted returns...

The Tech sector weighed heavily on the local index today and was down by more than 2.5%, dragging the ASX 200 lower by 0.70%. The fall came on the back of negative sentiment on the Nasdaq overnight, which fell by more than 1%. Investors hav...

Australian shares slipped to their lowest in more than a week as Chinese economic data missed expectations and investors trimmed exposure ahead of a potentially explosive Federal Reserve economic outlook. The S&P/ASX 200 declined 51...

Highlights  The ASX 200 closed up 0.35% today. Energy, materials, and real estate led the day. Healthcare and financials dragged the bourse down. Asian stocks also rose as an action-packed week of economic updates and meetings begins....

The ASX 200 saw volatile trading today, opening higher and losing steam by midday, before breaking away again to a +0.35% finish at the close. The local index followed Wall Street into the green, despite a US CPI print that hit a 39 year hi...

Peter Switzer is joined by Michael Gable of Fairmont Equities, Marcus Bogdan of Blackmore Capital, currency expert, Michael Knox, and Margaret Lomas of Destiny Financial Solutions.

Peter Switzer is joined by Julia Lee of Burman Invest, Eleanor Swanson of Fire Trail Investments, CEO of Aussie Broadband, Phillip Britt, and Adam Dawes of Shaw & Partners.

In this week’s video insight David interviews portfolio manager of the Montgomery Small Companies Fund Gary Rollo to discuss Megaport (ASX:MP1). Megaport has a market capitalisation of around 3.4 million and the share price has increased 37...

Losses in the energy and financial sectors outweighed materials and communication services gains leading to a -0.54% total decline for the ASX200 in November, as volatility increased with news of a new covid variant. -The ASX200 lost -0.54%...

It was a negative week for local and global stock markets as the S&P/ASX 200 (ASX: XJO) dropped 0.5% and all three US benchmarks finished in the red. Here are my three key investor takeaways from the week. Munger: ‘ban cryptos’ All eyes...

With the end of the year fast approaching, now could be a good time to look at your portfolio and see if there is room for any new additions for 2022. To help you along your way, I have picked out 10 ASX shares that are highly rated and co...

Another annual Sohn Hearts & Minds Investment Conference has come to pass today. Charlie Munger warned of bubbly valuations reminiscent of the dot-com era, a few ASX-listed shares received a shoutout, and attendees walked away with a l...

Highlights BHP Group shares rose over 3% on plans to unify its corporate structure. Coles Group’s shares fell after FWO filed proceedings against the company. Shares of TPG Telecom dropped on the stake sale by former chairman, David T...

Highlights The ASX 200 traded flat by mid-session, paring early gains. Six of the 11 sectors traded in red, while health care was the worst performer. ALS, Nickel Mines, QBE Insurance, Megaport, Premier Investments topped the gainers’...

The Megaport Ltd (ASX: MP1) share price is pushing higher today despite a lack of news from the company. At the time of writing, the global software company’s shares are fetching $20.95, up 1.85%. The Megaport share price has gained 8.6%...