Articles On Megaport (ASX:MP1)

A losing end to a positive week on Wall Street points to mild early pressure on Australian shares after soft earnings from Snap weighed on US tech. ASX futures eased 12 points or 0.18 per cent. A rebound in key commodities limited the...

Looking for new ASX shares to buy? If you are, then you may want to check out the two listed below that are highly rated by the team at Goldman Sachs. In fact, its analysts rate them so highly that they have them on their conviction list....

ASX closes flat on Friday, up 2.83% for the week 8 out of 11 ASX sectors fall Next week will see US Fed rates decision and Australia June CPI The ASX traded sideways on Friday, ending the day flat at 6,792 points. For the week, the benchm...

The share market logged its best week since March as a six-week high on Wall Street bolstered confidence this year’s market rout may be easing.   The S&P/ASX 200 eased three points or 0.04 per cent today, falling narrowly short of a...

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...

Experts are always on the lookout for ASX shares in the All Ordinaries Index (ASX: XAO) that could be attractively priced opportunities. As ASX share prices and company updates constantly change, so too do brokers modify their recommendat...

The Allkem Ltd (ASX: AKE) share price is back on form this week. Since the start of the week, the lithium miner’s shares are up 4% to $10.11. Where next for the Allkem share price? The good news is that this could be the start of even gr...

There are a good number of ASX tech shares to choose from on the Australian share market. Three that come highly rated are listed below. Here’s why these tech shares are being tipped as buys right now: Altium Limited (ASX: ALU) Altium i...

It was not that long ago the JB Hi-Fi Limited (ASX: JBH) share price could seemingly do no wrong. This was a company that rose by 120% between March 2019 and March 2022, after all. Not only that, but JB also managed to dramatically ramp up...

Megaport (ASX:MP1) was the ASX’s star performer yesterday jumping 23 per cent on the close following a trading update that clearly surprised many in the market. I joined Roger to discuss why it is a holding in the Montogmery Small Companies...

The Zip Co Ltd (ASX: ZIP) share price is pushing higher following the release of the company’s quarterly update. At the time of writing, the buy now pay later (BNPL) provider’s shares are up 5% to 70 cents. Zip share price higher on Q4 u...

The Megaport Ltd (ASX: MP1) share price was an exceptionally strong performer on Wednesday. The elastic Interconnection services provider’s shares ended the day a massive 23% higher at $7.96. Investors were bidding the Megaport share pri...

World Overnight SPI Overnight 6636.00 – 33.00 – 0.49% S&P ASX 200 6759.20 + 109.60 1.65% S&P500 3959.90 + 23.21 0.59% Nasdaq Comp 11897.65 + 184.50 1.58% DJIA 31874.84 + 47.79 0.15% S&P500 VIX 23.88 – 0.62 – 2.53%...

ShareCafeEvening Report: 20 July, 2022 by Paul Sanger   The Australian sharemarket surged higher today, posting its biggest single-day gain in over three weeks. The S&P/ASX 200 was a sea of green with just a few companies not posting ga...

Most Popular Articles. News; Analysis. Megaport (ASX:MP1) shares skyrocket after quarterly update By Kalkine Media - Jul 20, 2022.

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...