Articles On Megaport (ASX:MP1)

The Lake Resources N.L. (ASX: LKE) share price is continuing to slide on Thursday, dumping another 3.11%. It follows yesterday’s dire session for the S&P/ASX 200 Index (ASX: XJO) lithium stock, in which it tumbled 16.5%. The Lake Re...

ShareCafeEvening Report: 14 September, 2022 by Paul Sanger   Around $60 billion has been wiped off the value of Australian shares after US inflation rose faster than expected in August, prompting fears of more aggressive interest rate rises...

Highlights: The ASX 200 benchmark index closed 2.58% down to end at 6,828.60 points today (as of 4:17 PM AEST, 14 September 2022). Over the last five days, the index has gained 1.48%, but is down 8.27% for the last year to date. All 1...

The ASX plunges on Wednesday following a rout on Wall Street overnight US CPI was higher than expected for August All 11 ASX sectors sold off   More than $60bn has been wiped out of the Australian stock market today, as the ASX 200 index...

The share market suffered its biggest setback in three months after unexpectedly hot US inflation data forced investors to reassess the outlook for interest rates. Equity markets from Europe through to Asia turned sharply lower as risk a...

ASX lithium shares are a bit of a mixed bag amid the rout across the Aussie stock market today. At the time of writing, the S&P/ASX 200 Index (ASX: XJO) is down 2.48% following heavy declines on Wall Street overnight. The Dow Jones t...

The goodwill that we saw for ASX 200 shares earlier this week has evaporated, and then some, today after a savage session of selling. At the time of writing, the S&P/ASX 200 Index (ASX: XJO) has crashed by a painful 2.47% to back under...

The WiseTech Global Ltd (ASX: WTC) share price is looking less appetising to investors on Wednesday. Despite being the best-performing of the ‘WAAAX‘ shares this year, the logistics software provider is not immune to today’s antics. Racin...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to record a very disappointing decline. At the time of writing, the benchmark index is down 2.45% to 6,838.4 points. Four ASX shares that are falling more than most tod...

ShareCafeLunch Report: 14 September, 2022 by Paul Sanger   Around $60 billion has been wiped off the value of Australian shares after US inflation rose faster than expected in August, prompting fears of more aggressive interest rate rises b...

The Appen Ltd (ASX: APX) share price is down today amid the sell-off in US equities markets that unfolded while the ASX slept. Shares of the data solutions and services company are currently trading 2.11% lower at $3.71 each. Today’s loss...

The share market skidded towards its worst loss since June after stubbornly high US inflation data bolstered the case for much higher rates by year-end. The S&P/ASX 200 tumbled 172 points or 2.46 per cent by the halfway mark. Just tw...

The Megaport Ltd (ASX: MP1) share price is having a day to forget on Wednesday. In afternoon trade, the network as a service company’s shares are down almost 10% to $7.85. This means the Megaport share price is now down approximately 60%...

The S&P/ASX 200 Index (ASX: XJO) is reeling today after a hot US inflation report caught Wall Street off guard overnight. This saw the Dow Jones tumble 3.9% for its worst day since June 2020 while the tech-heavy Nasdaq Composite crater...

The BrainChip Holdings Ltd (ASX: BRN) share price is having a tough day. In early trade, the semiconductor company’s shares are down 8% to 92 cents. Why is the BrainChip share price sinking? The BrainChip share price is under pressure on...

As the old saying goes, the stock market climbs a wall of worry. Overnight, the S&P 500 Index (SP: .INX) extended last week’s rally, bringing up its biggest four-day gain since June. The Apple (NASDAQ: AAPL) share price gained almost 4...

The Appen Ltd (ASX: APX) share price has continued a horrid run on the ASX this year, flopping 66% to levels not seen since mid-2017. Let’s journey back to see what’s gone wrong for the Appen share price before taking a look at where it co...

Popular tech share BrainChip Holdings Ltd (ASX: BRN) has all the hallmarks of being a 10-bagger. The company is the worldwide leader in edge artificial intelligence (AI) on-chip processing and learning. Its first-to-market neuromorphic p...

The ASX extends its 1% gain last week by another 1% on Monday Miners lead as commodity prices rally US CPI ahead tonight   The ASX tracked last Friday’s rally on Wall Street’s and jumped 1% straight out of the gates this morning. The inde...

A third day of gains propelled the stock market to its highest this month ahead of reports this week on US inflation and Australian employment. The S&P/ASX 200 climbed 70 points or 1.02 per cent to 6964.5. The rally extended the Aust...

Tech shares are outperforming the S&P/ASX 200 Index (ASX: XJO) on Monday. The S&P/ASX 200 Information Technology Index (ASX: XIJ) has lifted 1.6% compared to the broader index’s 0.99% rise at the time of writing. That makes it the...

There’s likely to be a corporate apocalypse should we head into a deep economic recession, as some experts are predicting. And ASX shares are right in the firing line. That’s a fitting appraisal for some entities already operating as so-...

Looking for growth shares to buy? Well, I have good news for you. Listed below are two ASX growth shares that are rated as buys by analysts with major upside potential. Here’s what you need to know about them: Life360 Inc (ASX: 360) T...

The Life360 Inc (ASX: 360) share price was among the best performers on the ASX 200 index on Thursday. The location technology company’s shares ended the day 16% higher at $5.69. Why did the Life360 share price rocket higher? Investors w...

ASX 200 jumps 1.8%  Small Caps index adds 0.8% TYR and AQC lead small cap wins   The ASX Emerging Companies index (XEC) has risen 0.7% on Thursday. The benchmark 200 index climbed 1.8% on heavy late trade following quasi-dovish language...

The Brainchip Holdings Ltd (ASX: BRN) share price spent a solid day in the green today amid a positive trading session overall for ASX technology shares. Shares in the artificial intelligence tech solutions company closed today at 97 cent...

The S&P/ASX 200 Index (ASX: XJO) bounced back from Wednesday’s seven-week low today. The index closed 1.77% higher at 6,848.70 points. It followed a strong session on Wall Street that saw the tech-heavy Nasdaq Composite Index (NASDAQ...

The ASX rallies further after remarks from RBA Governor Philip Lowe Lowe says the pace of rate hikes could slow down Tyro Payments rejects takeover bid   The ASX 200 surged in the afternoon following a speech from RBA Governor, Philip Low...

The share market recouped all of yesterday’s heavy loss, plus more, after the Reserve Bank hinted at a slowdown in rate increases. The S&P/ASX 200 rallied 119 points or 1.77 per cent during its strongest session since June. Strong...

Australian shares rallied for the first time in three days as retreats in energy prices and borrowing costs soothed inflation worries. The S&P/ASX 200 climbed 67 points or 1 per cent by mid-session. By yesterday’s close, the Australi...

ShareCafeLunch Report: 8 September, 2022 by Paul Sanger   The ASX is following Wall Street’s rebound, as the local market waits for further indications that the most-aggressive rate hikes are done. Lithium stocks are very much in play again...

The Megaport Limited (ASX: MP1) share price is soaring today in what’s shaping up as a stellar day for ASX technology shares. Shares in the global software company are currently trading at $8.14 each, a 10% gain. For perspective, the S&a...

ASX 200 tech shares are back in favour today with the sector topping the leader board on the back of a positive lead from Wall Street overnight. The group gained 2.52% in morning trade with the consumer discretionary sector in second spot...

ASX enjoys one of its best sessions this year as the RBA hints at smaller rate hikes ahead. Tyro rockets on bid rebuff, iron ore rebounds and banks tip 25bp rate rise in October.

In this week's Weekly Insights:-August Reports: Closing Remarks-Conviction Calls-Research To DownloadBy Rudi Filapek-Vandyck, EditorAugust Reports: Closing RemarksThe key attraction for investing in small and micro cap companies is the abil...

It’s been a big week of ASX director trades with large buys and sells  as reporting season comes to end Lithium producer Allkem sees one of its directors sell down more than $20 million worth of stock Leaders in blood products giant CSL se...

The S&P/ASX 200 Index (ASX: XJO) took its lead from Wall Street on Wednesday, plummeting to a seven-week low. The index closed 1.42% lower at 6,729.30 points. It came after the S&P 500 Index (SP: .INX) and Dow Jones Industrial Aver...

The ASX 200 closes over 1pc lower on Wednesday Energy stocks drag the index Australian GDP grows again in first half   Aussie shares are down another 1.40% on Wednesday following last night’s lead from Wall Street. After losing 4% last we...

If you’re a growth investor and have room for in your portfolio for some new additions in September, then it could be worth considering the two ASX growth shares listed below. Here’s what you need to know about these buy-rated shares:...

The S&P/ASX 200 Index (ASX: XJO) slid into the red after a decent start to Tuesday’s trade on news the Reserve Bank of Australia lifted interest rates by 0.5% today. The index closed 0.38% lower at 6,826.50 points. Today’s decision...

The share market declined after the Reserve Bank raised the official interest rate by 50 basis points and showed no sign it was ready to slow the pace of increases. The S&P/ASX 200 closed 26 points or 0.38 per cent in the red after e...

The ASX 200 finishes 0.40% lower The RBA increases its cash rate by another 50bp Australia records another trade surplus   Local shares were relatively muted today following the interest rates decision by the RBA, closing Tuesday just 0.4...

The share market exhibited few nerves ahead of a likely rate rise this afternoon, rising for a second day despite overnight declines in European stocks during a US market holiday. The S&P/ASX 200 firmed four points or 0.05 per cent b...

August proved disastrous for the Novonix Ltd (ASX: NVX) share price. It tumbled 14.49% over the course of last month despite no word from the company until its final session. After closing July trading at $2.83, the stock plummeted to fini...

The S&P/ASX 200 Index (ASX: XJO) put out a wobbly performance on Wednesday, opening and closing in the red despite gaining for much of the session. The index closed 0.16% lower at 6,986.80 points. Sadly, today marks the unofficial end...

The ASX 200 fell on Wednesday, 0.50% higher for the month Energy and mining sectors were the main laggards Ahead tonight, US and Euro employment data and Euro zone GDP will be released   Australian shares tracked Wall Street lower today,...

The stock market suffered its heaviest loss in two and a half months as investors reacted to rates jitters on Wall Street and unexpectedly strong retail sales figures. The S&P/ASX 200 slumped 139 points or 1.95 per cent to 6965.5. Ju...

Once a 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 levels can sometim...

ASX finishes Thursday 0.75% higher Qantas makes $1.9bn FY22 loss Global central bankers to start arriving in Wyoming for Jackson Hole   Blue chip shares rose 0.75% on Thursday as investors reacted to the last batch of results to be releas...

The ASX 200 index fell by 1% on Tuesday Energy stocks rose as European’s benchmark for natural gas surged 20% overnight T. Rowe Price has downgraded Aussie stocks from overweight to neutral   Local shares finished lower by 1% for the seco...