Articles On Megaport (ASX:MP1)

The ASX 200 closed above 7200 for the first time in almost three weeks as a powerhouse half-year result from CBA lifted battered bank stocks. The Australian benchmark rallied 81 points or 1.13 per cent to 7268, its strongest finish since...

09 Feb 2022 - Megaport's (ASX:MP1) revenue grew 42% over the half year to $51.2 million, driven by increased usage of services with 170 new customers added.

The Megaport Ltd (ASX: MP1) share price will be on watch today after announcing a 42% increase in first-half revenue for FY22. Currently, the Megaport share price is up 1.28% to $13.42. ARR exceeds critical $100 million mark Key results fro...

The Megaport Ltd (ASX: MP1) share price is climbing into the green today after the company reported its H1FY22 financial results. The ASX 200 technology share is currently trading at $13.45, a gain of 1.51%. It marks a recovery after the c...

A profit surge at Commonwealth Bank helped lift the share market to a two-week high as investors snapped up battered bank stocks. The S&P/ASX 200 rallied 19.5 points or 0.27 per cent by mid-session. The advance put the benchmark on t...

Highlights The benchmark ASX 200 was up 0.6% or 43.2 points up to 7,243.6 in the first 15 minutes of trading. Major US stock indices ended higher on Tuesday, while European markets slipped. The financial sector gained 1.74% as investo...

Highlights Highlights Megaport reported strong growth in the first half of the financial year 2022. The firm also added 170 new customers in the ...

The current equity correction has taken a lot of the froth out of the market. But caught up in the carnage have been a number of high quality companies with years of growth ahead.  Which is why I think this could be a very good time for inv...

Many eyes will be on the Megaport Ltd (ASX: MP1) share price tomorrow as the company releases its earnings for the first half of financial year 2022. It will be the first chance the market has had to see, in detail, how the company’s ‘Scal...

If you have room for some new portfolio additions, then it could be worth considering the two ASX growth shares listed below. Analysts are very positive on these shares and have recently rated them as buys. Here’s what you need to know abo...

One professional investor is bearish on ASX tech shares, with their fund selling out of tech shares over the course of 2021 due to “frothiness” in the market. GQG Partners Inc (ASX: GQG) co-founder, chief investment officer, and chair Raji...

The stomach-churning volatility that hit our markets since the start of the year does not bode well for ASX initial public offering (IPO) hopefuls. This view was echoed by several experts who spoke with The Australian, even though they rem...

Key points The new year has seen a major sell-off for ASX tech shares But one expert thinks the ASX has withstood the worst of the sell-off She says the tech sector’s struggles might have placed some quality stocks in the bargain bin 20...

Key points The Megaport share price has dived 31% since January 4 Shareholders didn’t respond well to the company’s second-quarter update The All Technology Index has also dropped nearly 19% in a month. The Megaport Ltd (ASX: MP1) sh...

A resilient ASX weathered the worst of a tech storm on Wall Street after Facebook suffered the biggest wipe-out in US market history. The S&P/ASX 200 faded late morning to a mid-session loss of 18 points or 0.25 per cent after earlie...

Key points ASX tech shares were hammered across the board today The All Technology index fell 4.32% The Block share price dived nearly 10%. ASX tech shares plummeted today amid a disastrous day for buy now, pay later (BNPL) shares. T...

In this week's Weekly Insights:-February Looks Tricky-Conviction Calls-FNArena TalksFebruary Looks TrickyBy Rudi Filapek-Vandyck, Editor FNArena2022 is already shaping up as a much more volatile and challenging year for investors, and we're...

If you have room for some new portfolio additions, then it could be worth considering the three ASX growth shares listed below. Here’s what you need to know about these buy-rated shares: Aristocrat Leisure Limited (ASX: ALL) The first AS...

Here’s your guide to ASX reporting season this February 2022. We’ve put together an ASX reporting season calendar, showing when you can expect companies to release their results. Make sure to bookmark this page because we’ll be adding links...

World Overnight SPI Overnight 6810.00 + 101.00 1.51% S&P ASX 200 6838.30 – 123.30 – 1.77% S&P500 4326.51 – 23.42 – 0.54% Nasdaq Comp 13352.78 – 189.34 – 1.40% DJIA 34160.78 – 7.31 – 0.02% S&P500 VIX 30.49 – 1.47 –...

Highlights Australian shares plunged into a correction today, with the benchmark index dropping 123.3 points to 6838.3. The ASX 200 is down over 10% from its August highs. Fed Chair Jerome Powell has signaled a March lift-off for inte...

Key points Buy now, pay later shares took a beating on the ASX today The Zip share price fell 9.66%, while Block sunk 5.35% The All Technology Index also descended overall Buy now, pay later (BNPL) shares had a shocking day on the ma...

The ASX is all wrong on Thursday. The benchmark index fell almost 3% by lunch. It entered official, technical correction territory at about 1pm Sydney time, making it 11% worth of all wrong since its August highs, those many years ago. Tech...

The share market fell into a correction, declining for a fourth session as global markets continued to adjust to the prospect of higher borrowing costs and the withdrawal of central bank stimulus. The S&P/ASX 200 dipped below 6800 fo...

A fleeting opening recovery gave way to further selling as the share market’s torrid start to 2022 continued. The S&P/ASX 200 rallied more than 1 per cent in early action before the rot set in. By mid-session the index had fallen 162...

There are a lot of growth shares for investors to choose from on the Australian share market. To narrow things down, below are two ASX growth shares that are highly rated right now. Here’s what you need to know about them: Audinate Group L...

Key points The S&P/ASX All Technology Index (ASX: XTX) dropped 2.86% today Brainchip, Appen, Block, Altium, Megaport, Technology One and NextDC all plummeted US Nasdaq technology shares fell in morning trade yesterday before staging...

World Overnight SPI Overnight 6960.00 – 92.00 – 1.30% S&P ASX 200 7139.50 – 36.30 – 0.51% S&P500 4410.13 + 12.19 0.28% Nasdaq Comp 13855.13 + 86.21 0.63% DJIA 34364.50 + 99.13 0.29% S&P500 VIX 29.90 + 1.05 3.64%...

Today, the S&P/ASX 200 Index (ASX: XJO) was awash with more red, replicating the disappointing end to the week on Wall Street Friday night. At the end of trade, the benchmark index was 0.51% worse for wear at 7,139.5 points. Tech shar...

The share market slumped to an eight-month low before paring its losses as rising US futures sharpened hopes of a relief rally following several weeks of down-pressure on global equities. The S&P/ASX 200 whittled an opening loss of 8...

Despite a share price savaging upon the release of second quarter results, brokers are generally upbeat on Megaport’s outlook. -Brokers remain positive on Megaport-Reasons for the share price fall-Morningstar identifies key metrics to focus...

Highlights: Expensive shares like the Pro Medicus share price have crashed in 2022 due to interest rate fears But Morgans believes the >20% crash in Pro Medicus is a buying opportunity ahead of its results The broker upgraded its share...

Weekly update on stockbroker recommendation, target price, and earnings forecast changes. By Mark Woodruff Guide: The FNArena database tabulates the views of seven major Australian and international stock brokers: Citi, Credit Suisse, Macqu...

World Overnight SPI Overnight 7006.00 – 49.00 – 0.69% S&P ASX 200 7175.80 – 166.60 – 2.27% S&P500 4397.94 – 84.79 – 1.89% Nasdaq Comp 13768.92 – 385.10 – 2.72% DJIA 34265.37 – 450.02 – 1.30% S&P500 VIX 28.85 + 3.26...

Key points Megaport has been rated as a buy by Goldman Sachs It believes the company has a massive $129 billion market opportunity Goldman sees 35% upside for its shares in 2022 The Megaport Ltd (ASX: MP1) share price could be great val...

ShareCafeThe Week that Was – January 17-21, 2022 We at ShareCafe understand you are busy and may not have been left with enough time to keep up with the quality content we’ve been bringing you throughout the week. To make it easier to do so...

World Overnight SPI Overnight 7179.00 – 66.00 – 0.91% S&P ASX 200 7342.40 + 9.90 0.14% S&P500 4482.73 – 50.03 – 1.10% Nasdaq Comp 14154.02 – 186.23 – 1.30% DJIA 34715.39 – 313.26 – 0.89% S&P500 VIX 25.59 + 1.74 7.3...

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...