Articles On Megaport (ASX:MP1)

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”...

ASX down around 1.5pc on China’s troubles All sectors were down, led by Tech and Mining The AUD is at lowest level in nine months on commodity demand concerns   The ASX 200 sank nearly 1.5% today as soft earnings by real estate majors com...

The S&P/ASX 200 Index (ASX: XJO) finally recorded a win for investors today after two days of consecutive falls over Friday and Monday. As of close of trading this Tuesday, the ASX 200 had finished up at 7,305 poi...

ASX pushed higher after earnings reports by majors Cochlear, CSL, and Seek reported results today In a surprising move, China’s central bank PBOC cuts its key lending rates   The ASX 200 gained around 0.3% on Tuesday after a slew of earni...

It was a depressing start to the trading week for the S&P/ASX 200 Index (ASX: XJO) this Monday. Following on from Friday’s losses, ASX 200 investors stepped on the gas when it came to selling today. By the end of t...

The ASX is down almost 1pc today China’s concerns are weighing on markets Aussies still confident stock portfolio will go up in 1 year   The ASX 200 dropped by -0.85% today as concerns about the Chinese economy weighed on markets. Today’s...

The ASX gained 0.1% on Thursday ahead of US CPI data tonight Coal stocks gained, while most Asian markets finished lower Fashion retailer Cettire up by more than 20pc on strong FY23 results   Local shares climbed modestly by 0.1% on Thurs...

In this week's Weekly Insights:-Healthy Health, Wealthy Wealth-August Results: Early Observations-Conviction Calls and Best Ideas-FNArena Talks (2x)By Rudi Filapek-Vandyck, Editor Healthy Health, Wealthy WealthHigher bond yields and a tough...

As we enter reporting season, I thought it would be timely to take a moment and review four key sectors of the small companies market that will no doubt be front of mind for many investors. At a macro level we continue to see speculation ar...

Earnings season has now kicked off and countless ASX shares are getting ready to hand in their report cards. Goldman Sachs has been running the rule over the market and has picked out a number of ASX shares as having potential for positive...

Analysts raise target prices for SiteMinder after management brings forward the time frame for being free cash flow positive. -Buoyant FY23 trading and FY24 outlook for SiteMinder-Guidance brought forward for positive free cash flow-Wilsons...

The Sayona Mining Ltd (ASX: SYA) share price is rising strongly this morning after the lithium and graphite miner released its June quarter report. Sayona Mining shares are currently up 4.83% to 15.2 cents. The S&P/ASX All Ordinar...

The S&P/ASX 200 Index (ASX: XJO) was on form in July and charged 2.9% higher after inflation started to cool. Four ASX 200 shares that climbed more than most during the month are listed below. Here’s why they smashed the market in...

The ASX swung to a modest loss on Monday Earnings updates from Silver Lake, IGO and Lynas China released worrying data    Local shares swung to red territories in the afternoon as traders dumped Staples and Tech stocks, which fell by 1% e...

As noted previously, artificial intelligence (AI) has been almost the sole reason any investors have taken on risk this calendar year. The NASDAQ 100 is up 42 per cent year-to-date, and its gains are almost entirely driven by the prices of...

It was another big week for ASX shares. And with reporting season kicking off, there were a lot more than five companies that helped define the past week’s trading. But, as that would exceed the scope of this article, here are the five A...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to end the week deep in the red. At the time of writing, the benchmark index is down 1.15% to 7,370.2 points. Four ASX shares that are not letting that hold them back...

The local share market posted another strong day, adding 0.7%, as news of the Federal Reserve potentially pausing rate hikes boosted the property and technology sectors, up 3.3% and 2.2%, respectively. The likes of Goodman Group (ASX:GMG) a...

The Sayona Mining Ltd (ASX: SYA) share price has continued its disappointing run on Friday. This has seen the lithium developer’s shares drop over 6% to a fresh 52-week low of 14 cents. This latest decline means that the Sayona share pri...

Weekly broker Wrap: headwinds for Australian REITs; increasing hyperscaler capexto provide cloud-relatedtailwinds;Aussie hardship survey& stocks picks from the E&C and Chemical sectors -Lower returns and superior alternatives may we...