Articles On Megaport (ASX:MP1)

One of the ASX's biggest defence stock winners is back in the spotlight today. Electro Optic Systems Holdings Ltd (ASX: EOS) shares have been placed in a trading halt after the company launched a capital raising of up to $175 millio...

Beating the market over 10 years is not easy. A company needs more than a good story. It needs a large opportunity, strong execution, and enough room to keep growing after the first wave of investor excitement has passed. I think th...

This article is part of the daily news updates from FNArena.com. Stay informed with the latest financial, business, and economic insights. Written by Admin Weekly update on stockbroker recommendation, target price, and earnings forecast cha...

For the most part, travel shares have been an ASX loser in 2026.  Investors have grown increasingly concerned that persistent inflation, elevated interest rates and the ongoing conflict involving Iran will weigh on global travel demand. ...

Qantas Airways Ltd (ASX: QAN) shares are certainly not immune to the surge in global energy prices since the outbreak of the Middle East conflict. Indeed, on 26 February – two days before the Iran war commenced – Qantas estimated that s...

There are a lot of ASX 200 shares to choose from on the local market. To narrow things down, let's see if Morgans rates these shares as buys, holds, or sells this week. Here's what the broker is saying about them: Graincorp Ltd (ASX: GNC)...

Megaport (ASX:MP1) Rockets 70% in a Month — Macquarie Says Rally Has Further to Run.

Highlights Mining shares retreat amid commodity weakness Technology stocks regain market attention Banks steady as volatility continues Australian equities faced renewed pressure as budget-driven sentiment weighed on t...

Highlights Mining shares weakened as copper and gold prices eased. Technology and financial stocks helped cushion the market. Global bond yields and China concerns shaped sentiment. Australian shares ended softer as mi...

ASX 200 closes down 0.11%, ending the week lower by about 0.7% Tech stocks surge as AI enthusiasm sends Xero and Megaport sharply higher Miners slump, with resources sector down nearly 3% and MinRes hammered   It’s not just another Friday...

Highlights Local technology names surged as global AI enthusiasm continued to lift market sentiment. Mineral Resources faced sharp pressure after a major share disposal unsettled the market. Mining and energy counters weighed on the b...

It has been another busy week for many of Australia's top brokers. This has led to a number of broker notes being released. Three broker buy ratings that you might want to know more about are summarised below. Here's why brokers think these...

The S&P/ASX 200 Index (ASX: XJO) ended the trading week on a sour note this Friday, with many ASX shares drifting lower over the session. After an early burst of optimism in morning trading, investors' feet grew colder over the rest of...

Highlights Copper strength lifted Capstone Copper as demand trends stayed firmly in focus. Aristocrat Leisure gained momentum after a strong earnings update and expanded capital management plans. Megaport surged after securing major A...

Australian technology shares have had a tough time recently. The BetaShares S&P/ASX Australian Technology ETF (ASX: ATEC) remains down around 36% from its 52-week high, which tells us just how much sentiment has shifted. But for l...

Highlights Mining shares dragged the local market lower after a major stake reduction in Mineral Resources Technology counters rallied strongly as global artificial intelligence momentum lifted sentiment Traders watched mixed sector a...

The Xero Ltd (ASX: XRO) share price is the fastest riser on the S&P/ASX 200 Index (ASX: XJO) on Friday. Xero shares are up 9.2% to $80.49 as investors buy the dip after an 11.6% smashing yesterday. The accounting software-as-a-s...

Shares in Xero Ltd (ASX: XRO) are roaring back to life on Friday. During afternoon trade, the ASX tech stock surged 9.5% to $80.69 as investors piled back into the beaten-down software giant following Thursday's brutal sell-off. Even...

ASX industrial stock Civmec Ltd (ASX: CVL) is racing higher on Friday. During afternoon trade, the ASX industrial stock jumped 6.5% to $1.64 after releasing a powerful quarterly update for the period ended 31 March 2026. The strong r...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to end the week with a small decline. At the time of writing, the benchmark index is down 0.1% to 8,633.8 points. Four ASX shares that are not letting that hold them ba...

Artificial intelligence is changing the game for many companies on the ASX, in good ways and bad. Macquarie has identified two ASX 200 companies that will benefit from the use of AI, but it's fair to say the companies are nothing at all...

Highlights Australian shares looked set for a stronger start after Wall Street reached fresh records. Technology sentiment improved as AI-linked names continued driving global momentum. Mining, healthcare, financial and consumer secto...

Highlights Australian equities pointed toward a firmer opening as global market sentiment remained cautiously positive Banking, mining, and energy sectors continued drawing attention across the local market landscape New Zealand share...

Graincorp Ltd (ASX: GNC) shares are having a rough week. The ASX 200 stock was sold off on Thursday and crashed 13%. This means the grain exporter's shares are now down 31% since this time last year. Is this a buying opportunity for investo...

ASX tech stock Megaport Ltd (ASX: MP1) has gone absolutely ballistic lately. On Thursday alone, the ASX tech stock blasted 27% higher to $12.58 after delivering a major announcement tied to the booming artificial intelligence sector....

Buying and holding forever sets a high bar. It means looking past the next result and focusing on businesses that have the potential to keep getting larger, stronger, and more valuable over many years. That does not mean share prices will r...

There are a lot of ASX gold stocks out there for Aussie investors to choose from. One of the best, according to Bell Potter, could be Minerals 260 Ltd (ASX: MI6). Let's see what the broker is saying about this gold developer. What is the br...

Qantas Airways Ltd (ASX: QAN) shares slumped further on Thursday. At the close of the ASX on Thursday, the shares were are 0.92% lower at $8.59 a piece. The tumble means the airline's shares are now 18% lower year to date and 14% l...

On Thursday, the S&P/ASX 200 Index (ASX: XJO) snapped its losing streak with a small gain. The benchmark index rose 0.1% to 8,640.7 points. Will the market be able to build on this on Friday and end the week on a high? Here are five th...

The ASX 200 tech sector is on its way out of a crushing 48% rout that occurred between 29 August and 30 March. Since then, the S&P/ASX 200 Information Technology Index (ASX: XIJ) has recovered by 12%. By comparison, the bench...

Megaport Ltd (ASX: MP1) announced $254 million in new contracts this week, sending its shares surging more than 35%. This effectively reassured investors and validated Megaport's business model. The network solutions company announced...

Xero Ltd (ASX: XRO) shares were sold down heavily on Thursday after the company released its FY26 results. But while the market saw something it did not like, I still see a global software platform with a large market opportunity, improv...

Highlights Banks helped the ASX finish firmer. BHP and Rio reached fresh records. Tech, staples and healthcare lagged. The Australian share market ended slightly firmer after a late lift in major banks helped offset we...

Hello and welcome to HotCopper’s The ASX Today, I’m Seja Al Zaidi. It’s Thursday of Week 20, and the Aussie market is drifting lower again, marking a fifth straight session of losses. Hear from all the ASX-listed companies that were at t...

ASX 200 finishes barely higher after a choppy, headless-chook kinda sesh CBA rebounds while BHP and Rio Tinto notch fresh record highs… again CSL sinks deeper, Coles gets whacked by the ACCC and Megaport rockets on AI deals   You NO DOUBT...

It was a volatile and ultimately successful day for the S&P/ASX 200 Index (ASX: XJO) and many ASX shares this Thursday. After stints in both positive and negative territory this session, investors ended up siding with optimism and sent...

Codan Ltd (ASX: CDA) shareholders are already sitting on impressive gains over the past year, but the team at Macquarie has just upgraded its outlook for the company. Impressive share price performance The value of Codan has edged ov...

The S&P/ASX 200 Index (ASX: XJO) is drifting lower on Thursday, despite some parts of the market holding up. At the time of writing, the ASX 200 is down 0.20% to 8,612 points. The move follows a weak session on Wednesday, when he...

Highlights Financial stocks supported the [ASX 200] during midday trade. Consumer staples lagged following weakness in supermarket shares. Technology stocks remained volatile amid ongoing AI-driven momentum. The ASX 200 traded cau...

Highlights The [ASX 200] traded mostly flat as AI-driven enthusiasm boosted technology shares. Megaport Ltd (ASX:MP1) surged after announcing major AI-linked contracts. Coles Group Ltd (ASX:COL) weakened following a Federal Court ruli...

The Megaport Ltd (ASX: MP1) share price has jumped 33% after announcing some new contract wins. Megaport says it’s bringing together network compute together seamlessly and deploy secure, scalable infrastructure closer to users, data and cl...

The S&P/ASX 200 Index (ASX: XJO) is having a subdued session on Thursday. In afternoon trade, the benchmark index is down 0.1% to 8,621.3 points. Four ASX shares that are not letting that hold them back are listed below. Here's why th...

Air New Zealand Ltd (ASX: AIZ), Graincorp Ltd (ASX: GNC) and Megaport Ltd (ASX: MP1) shares are grabbing financial headlines today. Two of the ASX heavyweights are trailing the 0.2% losses posted by the S&P/ASX 200 Index (ASX: XJO) dur...

Air New Zealand Ltd (ASX: AIZ) shares are falling on Thursday after the airline handed investors a disappointing update. At the time of writing, the Air New Zealand share price is down 4.23% to 34 cents. The latest fall adds more pain...

Shares in Brisbane-based network-as-a-service provider Megaport (ASX: MP1) surged 37 per cent this morning after the company announced three major contracts worth  US$182.9 million ($254 million) through its US subsidiary Latitude.sh, descr...

Highlights AI-driven IT services remained under strong market focus. Technology infrastructure activity expanded across enterprise sectors. Australian digital service providers attracted industry attention. AI-linked I...

The All Ordinaries Index (ASX: XAO) is down 0.2% at time of writing today, but that's not keeping this ASX All Ords silver share from posting another day of gains. The outperforming miner in question is Andean Silver Ltd (ASX: ASL). Andean...

There have been some big moves on the Australian share market on Thursday. Two ASX shares that are in the headlines for different reasons are named below. Here's what you need to know about them: Megaport Ltd (ASX: MP1) The Megaport share...

There have been some big moves on the Australian share market on Thursday. Two ASX shares that are in the headlines for different reasons are named below. Here's what you need to know about them: Megaport Ltd (ASX: MP1) The Megaport share...

Shares in ASX copper company Carnaby Resources Ltd (ASX: CNB) hit a fresh 12-month high after the company announced it had made a significant discovery during recent drilling. Mining project likely to expand The company said in a sta...