Articles On Megaport (ASX:MP1)

In this weeks’ video insight, I wanted to highlight some key takeaways from the reporting season, especially in the tech and retail sector. Retail’s results were mixed, with earnings per share declining in the second half of 2023. Predictio...

The S&P/ASX 200 Index (ASX: XJO) had another shaky day on Tuesday. Yesterday seemed to show that investors couldn't decide what they wanted out of the markets, with stints on both positive and ne...

The ASX closed modestly higher on Tuesday Gina Rinehart upped her stake in lithium stock Liontown WA billionaire Tim Goyder has rebuilt his stake in Chalice   The ASX swung from gains to losses, to gains again as it finished 0.2% higher o...

The James Bay Minerals Limited (ASX: JBY) share price is taking off after hitting the ASX boards on Tuesday. At one stage today, the ASX lithium stock was trading a massive 52% higher than its IPO listing price at 30.5 cents. The James Bay...

The Megaport Ltd (ASX: MP1) share price has been a thing of beauty to witness on the ASX over the past six months. Back in mid-March, Megaport shares were going for just $4.71 each. But today, this ASX tech share and now market darling is...

Insider buying is regarded as a bullish indicator. This is because few people should know a company better than its own directors. As a result, if they have the confidence to buy shares, it could be interpreted as a sign that things are go...

The ASX tech share sector can be a very fruitful place to find opportunities that can deliver good long-term returns. After the share price pain of 2022, you would have been forgiven for thinking tech shares were going to be seeing some si...

ASX up +0.35% on Chinese inflation data China’s CPI moved higher in August, easing concerns of deflation Scrap metals recycler Sims Limited dipped 11pc after market update   The ASX jumped +0.22% on Monday as local traders tracked Wall St...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is fighting hard to start the week with a gain. At the time of writing, the benchmark index is up a fraction to 7,159.7 points. Four ASX shares that have failed to follow the marke...

The Cirrus Networks Holdings Ltd (ASX: CNW) share price is rocketing on Monday. At the time of writing, the ASX tech share is up a massive 32% to 5.4 cents. Why is this ASX tech share rocketing? Investors have been scrambling to buy the in...

The ASX/S&P 200 is 0.04 per cent, lower to 7153.6 at midday.  Driving the weakness in the Australian market is Tech sector large-caps WiseTech and Xero, with both down more than 1 per cent in early trade. Scrap metal recycler Sims is am...

ASX shares can be a great tool to build wealth, but it's important not to get wrapped up in a particular stock or sector. Some investments have demonstrated a long-term track record of compounding growth, without the large swings of booms...

The Sims Ltd (ASX: SGM) share price is having a very tough start to the week. In morning trade, the ASX 200 scrap metal share crashed 15% to $13.16. Why is this ASX 200 share sinking? Investors have been selling Sims' shares on Monday afte...

A2 Milk Co Ltd (ASX: A2M) stock took a steep dive on the day the company reported its FY 2023 results on 21 August. Despite reporting some solid financial metrics, the S&P/ASX 200 Index (ASX: XJO) dairy stock closed down 13.6% on the d...

In this week’s video insight I joined David Buckland to dive into the recent performance of the Montgomery Small Companies Fund. As the reporting season concludes, the Fund has delivered 11.19 per cent for the three months to 31 August. Thi...

The tech sector had a down month in August Is the AI thematic reaching bubble state? We take a look at the ASX tech winners for the month   Sentiment towards growth stocks got a reality check in August as traders weighed the prospect of a...

ASX gained today as China announced more stimulus Liontown up after board granted Albemarle exclusive due diligence  Leo Lithium down 50pc after Mali ordered stop to DSO activities   The ASX and other regional stock markets rallied after...

A2 Milk Company Ltd (ASX: A2M) shares have had a tough time over the last 12 months. As you can see on the chart below, the infant formula company’s shares have lost 18% of their value. This means that if you had invested $2,000 into it...

Weekly update on stockbroker recommendation, target price, and earnings forecast changes. By Mark Woodruff Guide: The FNArena database tabulates the views of eight major Australian and international stockbrokers: Citi, Bell Potter, Macquari...

World Overnight SPI Overnight 7039.00 – 91.00 – 1.28% S&P ASX 200 7182.10 + 33.70 0.47% S&P500 4376.31 – 59.70 – 1.35% Nasdaq Comp 13463.97 – 257.06 – 1.87% DJIA 34099.42 – 373.56 – 1.08% S&P500 VIX 17.20 + 1.22 7....

Investors have just clocked another encouraging session for the S&P/ASX 200 Index (ASX: XJO), which has now lifted for three straight days in a row. By the end of Thursday’s trading day, the ASX 200 had ris...

Shares rose on Thursday, boosted by Nvidia announcement Judo Capital and Insignia fell double digits Qantas rose modestly after announcing $2.47bn profit   The ASX rallied by 0.5% on Thursday, boosted by the surge in US tech stocks overni...

World Overnight SPI Overnight 7128.00 + 36.00 0.51% S&P ASX 200 7148.40 + 26.80 0.38% S&P500 4436.01 + 48.46 1.10% Nasdaq Comp 13721.03 + 215.16 1.59% DJIA 34472.98 + 184.15 0.54% S&P500 VIX 15.98 – 0.99 – 5.83%...

S&P/ASX 200 Index (ASX: XJO) shares closed the session on Wednesday up 0.4% to 7,148.4 points. We have seen a mixed bag of reports this earnings season. These 7 ASX 200 shares have been positively re-rated by brokers today after releas...

Local shares rallied on Wednesday Results from Wisetech, Domino’s and Woolworths were highlights Global funds ditched Chinese stocks, says Bloomberg   The ASX rallied around half a percentage point on Wednesday, boosted by earnings result...

Welcome to the FNArena Corporate Results Monitor. Today's Reports: ((AKE)) - Allkem ((ALU)) - Altium ((AWC)) - Alumina Ltd ((ARB)) - ARB Corp ((AUB)) - AUB Group ((ACL)) - Australian Clinical Labs ((BHP)) - BHP Group ((COL)) - Coles Group...

Megaport Limited's (ASX:MP1) FY23 result was largely known due to substantial pre-release.

World Overnight SPI Overnight 7059.00 – 17.00 – 0.24% S&P ASX 200 7121.60 + 6.10 0.09% S&P500 4387.55 – 12.22 – 0.28% Nasdaq Comp 13505.87 + 8.28 0.06% DJIA 34288.83 – 174.86 – 0.51% S&P500 VIX 16.97 – 0.16 – 0.93%...

After exceeding $21 per share in late-2021, Megaport Limited (ASX:MP1) experienced a very rough 17 months. The company now seems to have its mojo back from the trough in April 2023. Not only has the share price more than tripled to $12.15,...

The ASX200 closed up just six points today with IT doing all the heavy lifting, up more than five per cent. In the green Software play Altium (ALU) added more than 25 per cent after delivering its annual results and network as a servi...

It’s been a rough, but still positive day for the S&P/ASX 200 Index (ASX: XJO) this Tuesday. After spending time in both the gain and loss zones over this session, the ASX 200 ended up snatching a rise. At ma...

ASX 200 benchmark ends big day of earnings near parity, Small Ordinaries (XSO) climbs 0.5% Tech Sector surge offset by Consumer stocks and Energy  Small cap gains led by resources and explorer names, WYX continues climb    Just an enormou...

Local shares were up modestly on Tuesday A hectic day in earnings again, with tech stock Altium leading the way Data#3 was the worst-performing large cap   The ASX 200 traded flattish by +0.04% on Tuesday after another hectic day of earni...

The IT sector has had a very strong start to trade, up more than 5.5 per cent, while the ASX200 has slipped by about 0.02 per cent. Software play Altium (ALU) was up by more than 27 per cent the day after its annual results release and n...

If you’re in the market for some new portfolio additions, then it could be worth listening to what Morgans is saying about these ASX 200 shares. All three have just been rated as buys after releasing their respective updates. Here’s wh...

S&P/ASX 200 Index (ASX: XJO) stock Altium Ltd (ASX: ALU) has just been upgraded by four leading brokers. Jeffries raised the electronic design software platform provider’s stock to a ‘buy’ with a price target of $44.69 a share. R...

Network as a Service (NaaS) pioneer Megaport (ASX: MP1) celebrated a decade in business last month after its first ever net positive cash flow quarter, and has followed that up today with an optimistic forecast for FY24 as more customers si...

The local share market was little changed at midday, although the tech sector was on track for a stellar day thanks to Altium and Megaport.

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is trading a fraction higher. At the time of writing, the benchmark index is up slightly to 7,121.8 points. Four ASX shares that are rising more than most today are listed below. He...

At noon, the S&P/ASX 200 is 0.07 per cent lower at 7,110.50, due to losses by key stocks offset a rally in technology shares. The technology sector mirrored Wall Street's strong performance, achieving a notable uptick of 5.6%. Altium de...

The Megaport Ltd (ASX: MP1) share price is up 16.55% in early trade Tuesday after the company revealed history-making 2023 financial results before market open. After closing at $10.39 a share on Monday afternoon, the technology stock was...

The Altium Limited (ASX: ALU) share price is rocketing higher on Tuesday. In morning trade, the electronic design software platform provider’s shares are up 21% to a 52-week high of $44.77. Why is the Altium share price rocketing higher?...

The ASX is poised to open lower on Tuesday 90pc of analysts recommend buying Nvidia stock What are the most bought and sold stocks on the ASX?    The ASX is set to open higher this morning as tech stocks, led by Nvidia, lifted Wall Street...

World Overnight SPI Overnight 7079.00 + 17.00 0.24% S&P ASX 200 7115.50 – 32.60 – 0.46% S&P500 4399.77 + 30.06 0.69% Nasdaq Comp 13497.59 + 206.81 1.56% DJIA 34463.69 – 36.97 – 0.11% S&P500 VIX 17.13 – 0.17 – 0.98%...

Bourse heavyweights BHP, Woodside and Coles among decliners. HUB24 lifts on profit jump. Scentre spruiks income boost.

Local shares closed lower on a hectic day for earnings China’s central bank disappointed markets  Premier Investments best stock, and Iress worst for the day   The ASX 200 fell around -0.35% today as Tech and Consumer Staples led the sell...

Wilson Asset Management (WAM) runs several listed investment companies (LICs) that have outperformed their respective benchmarks. The fund manager has named two S&P/ASX 200 Index (ASX: XJO) shares that could be primed to deliver good p...

The S&P/ASX 200 Index (ASX: XJO) continued its recent slump this Thursday, building on the losses we’ve seen over most of this week thus far. By the end of trading today, the ASX 200 recorded a loss of 0.68%, fi...

Local shares down another -0.7pc today Core Lithium fell over 20pc on cap raise news The AUD pummelled to below US64c   The ASX 200 has extended yesterday’s 1.5% loss by another 0.5% on Thursday, weighed by Healthcare,Tech and Mining sect...

Sometimes an ASX-listed company gets such a bad rap — through their own fault or otherwise — that their share price remains in the doghouse regardless how they turn it around. But if you’re willing to take a punt on one of these “stained”...