Articles On Megaport (ASX:MP1)

The ASX 200 had another fine day, ending with a 0.73% gain overall Sectors wise, Tech and Real Estate were the winners, while Materials dipped as a whole, partly due to Rio and Fortescue  Standout small-cap performers: R3D, PAC, and the ju...

The ASX has closed the day more than 0.7 per cent higher with nearly all the sectors in the green and still shinning after yesterday’s lower inflation data. Mining giant Rio Tinto (RIO) closed nearly 2.5 per cent lower at around $117, BH...

It’s been another great day for ASX 200 investors and the S&P/ASX 200 Index (ASX: XJO) this Thursday. The ASX 200 is now onto a three-day winning streak after gaining a solid 0.73% today, which lifts the index to 7,455.9 point...

ASX 200 climbed to a 100-day high  Energy and Mining retreated after a flurry of earnings reports Fortescue Metals fell despite delivering at the top end of guidance   Local shares jumped by another 0.75% on Wednesday, touching a 100-day...

With reporting season about to begin and confession season well-underway, analysts are keen to understand the extent to which any pullback in consumer activity has, for example, impacted business. Thus far, earnings momentum has tilted nega...

The S&P/ASX 200 Index (ASX: XJO) is charging notably higher for a second day in a row. In afternoon trade, the benchmark index is up 0.9% to 7,471.1 points. Four ASX shares that are climbing more than most today are listed below. Here...

The S&P/ASX 200 Index (ASX: XJO) is unlikely to post a new record high today. But with another big day of gains looking to be in the bag, the benchmark index is getting enticingly close. In afternoon trade, the ASX 200 is up 0.8% at 7...

Apparently, Mt Dare Hotel is South Australia’s most remote pub. It’d want to be – it’s in the far, far north of the state, an outback stone’s throw from the NT border. It’s known as the last stop before crossing the Simpson Des...

The Alcidion Group Ltd (ASX: ALC) share price is on the move today as shareholders digest the company’s fourth-quarter performance. Shares in the healthcare software provider are 9.1% higher this morning, trading hands at 12 cents apiece....

The Megaport Ltd (ASX: MP1) share price has just soared 11.62% to a new 52-week high of $10.36 after the company released its FY23 4Q report on Thursday. For the first time ever, Megaport has reported a positive net cash quarterly result...

The Panoramic Resources Ltd (ASX: PAN) share price is having a very tough time on Thursday. The ASX mining share crashed as much as 45% to a 52-week low of 5 cents this morning. The base metals developer has recovered a touch since then bu...

US rate rise boosts local optimism. Megaport soars. Regis top loser as Nuix leads gains. Fortescue tips flat or slightly higher FY24 iron exports. Weak conditions hit Macquarie. 

In this week's Weekly Insights:-Opportunities With A Five Year Horizon-Company Reports: Early Trends-Company Reports: Inflation-Company Reports: Conviction-Company Reports: Technology Sector-REITs In FocusBy Rudi Filapek-Vandyck, Editor FNA...

Thankfully, this Tuesday’s session so far has seen a healthy rebound for ASX shares and the S&P/ASX 200 Index (ASX: XJO). At the time of writing, the ASX 200 has added 0.36% so far today, in a pleasing repudiation of yesterday’s slight...

In a previous Closing Bell video, I suggested Megaport and Spotify as ideas for tech stocks. However, we are in the middle of a storm and may have further volatility to withstand as growth slows. In today’s Closing Bell, I show you another...

At noon, the S&P/ASX 200 is 0.37 per cent lower at 7,298. There was a sell-off in the technology sector triggered by disappointing earnings results on Wall Street. The local technology sector tumbled 2.9%, with Xero (ASX:XRO) falling 3....

Macquarie Group Ltd (ASX: MQG) shares are in the green on Thursday, up 0.88% to $185.53. Macquarie is often referred to as the fifth bank of Australia’s big four ASX 200 bank shares. It isn’t your traditional sort of bank that simply len...

After a promising start this morning, the S&P/ASX 200 Index (ASX: XJO) and ASX 200 stocks have settled into a bit of a lacklustre session this Thursday. At the time of writing, the ASX 200 is up by just 0.04%, despite rising as much as...

Stock market crashes are a reality of investing. There are many strategies investors use to deal with a market crash in order to ensure the minimum amount of damage to their portfolios. With that in mind, I’m going to talk about three th...

World Overnight SPI Overnight 7239.00 – 20.00 – 0.28% S&P ASX 200 7298.50 – 4.60 – 0.06% S&P500 4522.79 + 17.37 0.39% Nasdaq Comp 14244.95 + 131.25 0.93% DJIA 34585.35 + 76.32 0.22% S&P500 VIX 13.48 + 0.14 1.05%...

An additional news report on the recommendation, valuation, forecast and opinion changes and updates for ASX-listed equities. In addition to The Australian Broker Call Report, which is published and updated daily (Mon-Fri), FNArena has now...

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...

Netwealth Group Ltd (ASX: NWL) shares fell by 8.7% in earlier trading to an intraday low of $13.20. The ASX financial share has recovered some ground to $13.57 per share at the time of writing, down 6.16%. The Netwealth share price storme...

The S&P/ASX 200 Index (ASX: XJO) is having another strong session on Friday. In afternoon trade, the benchmark index is up 0.9% to 7,309.6 points. Four ASX shares that have failed to follow the market higher today are listed below. He...

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...

World Overnight SPI Overnight 7243.00 + 39.00 0.54% S&P ASX 200 7246.90 + 111.20 1.56% S&P500 4510.04 + 37.88 0.85% Nasdaq Comp 14138.57 + 219.61 1.58% DJIA 34395.14 + 47.71 0.14% S&P500 VIX 13.61 + 0.07 0.52% US...

Megaport Limited (ASX:MP1) has issued a guidance upgrade due to better than anticipated results in Q4FY23.

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to record another strong gain. At the time of writing, the benchmark index is up 1.65% to 7,253.5 points. Four ASX shares that are rising more than most today are liste...

How is it possible that the ASX 200 bank shares are underperforming the S&P/ASX 200 Index (ASX: XJO) despite interest rates rising at their fastest pace on record? Over the past 12 months, the ASX 200 has risen by 9.35%. Here’s what...

The Netwealth Group Ltd (ASX: NWL) share price is catching the eye on Thursday. In morning trade, the investment platform provider’s shares are up over 7% to a 52-week high of $14.78. Why is the Netwealth share price racing higher? Inves...

Blackmores Ltd (ASX: BKL) shares may not be on the ASX boards for much longer. That’s because, next week shareholders will be given the opportunity to vote on the $1.88 billion takeover proposal tabled by Japanese giant, Kirin Holdings C...

World Overnight SPI Overnight 7158.00 + 62.00 0.87% S&P ASX 200 7135.70 + 26.80 0.38% S&P500 4472.16 + 32.90 0.74% Nasdaq Comp 13918.96 + 158.26 1.15% DJIA 34347.43 + 86.01 0.25% S&P500 VIX 13.54 – 1.30 – 8.76% U...

The S&P/ASX 200 Index (ASX: XJO) continued the top form we saw yesterday on the markets this Wednesday. The ASX 200 finished up at 7,135.7 points today after a healthy 0.38% gain. That adds nicely to the pleasing 1.5% rise investors en...

Many of Australia’s top brokers have been busy adjusting their financial models again, leading to the release of a number of broker notes this week. Three ASX shares brokers have named as buys this week are listed below. Here’s why the...

Shares in Megaport soared 34 per cent on Tuesday after the high-speed connectivity services provider said earnings would come in at between $19 ...

World Overnight SPI Overnight 7013.00 + 25.00 0.36% S&P ASX 200 7108.90 + 104.90 1.50% S&P500 4439.26 + 29.73 0.67% Nasdaq Comp 13760.70 + 75.22 0.55% DJIA 34261.42 + 317.02 0.93% S&P500 VIX 14.84 – 0.23 – 1.53%...

The 2023 financial year might have been a good one for ASX shares, but it’s no time to be complacent. The pain of 12 interest rate rises is still cascading through the economy, while inflation still rages on at an unacceptably high level....

On Tuesday, the S&P/ASX 200 Index (ASX: XJO) was back on form and raced higher. The benchmark index rose 1.5% to 7,108.9 points. Will the market be able to build on this on Wednesday? Here are five things to watch: ASX 200 expected t...

Megaport (ASX: MP1) stock jumps over 25%. Here's why · Megaport has upgraded the normalised EBITDA guidance for FY23 to between AU$19 million and AU$21 ...

This content is created by Smallcaps Authors. [Author : Imelda Cotton] Cloud connectivity provider Megaport (ASX: MP1) has announced an upgrade to its earnings data for the 2023 financial year as a result of continued operational improvem...

The ASX has closed 1.5 per cent higher, recovering off a 50-day low. All sectors made gains, with IT gaining nearly 2.5 per cent and real estate and materials each picking up more than 1.5 per cent. In the green Billion-dollar mark...

ASX snaps a 4-day run of bruising luck with a welcome 1.5% gain Techies did a lot of the heavy lifting, while the Goldies put on a +3.54% show The day’s clear winner was Mobilicom, up 150% at day’s end on juicy defence news   Local market...

The ASX rebounds by more than 1% Gold and lithium stocks climb, while Megaport surged 30pc Aussie consumer confidence however took a hit according to ANZ-Roy Morgan   Local shares rebounded from five sessions of losses with +1.2% gain tod...

Shares of Megaport Limited (ASX:MP1) are soaring after the company announced an upgrade to its earnings before interest, tax, depreciation, and amortisation (EBITDA) guidance for the financial year 2023 and provided insights into its financ...

11 Jul 2023 - Shares of Megaport (ASX:MP1) are soaring after the company announced an upgrade to its EBITDA guidance for FY23.

The S&P/ASX 200 Index (ASX: XJO) is back on form on Tuesday and charging higher. In afternoon trade, the benchmark index is up 1.1% to 7,080.5 points. Four ASX shares that are climbing more than most today are listed below. Here’s w...

The Megaport Ltd (ASX: MP1) share price is rocketing higher this afternoon. At the time of writing, the elastic interconnection services provider’s shares are up a massive 27% to $8.53. Why is the Megaport share price rocketing higher? I...

Brisbane-based cloud technology company Megaport (ASX: MP1) has today lifted its normalised earnings guidance by $3 million for FY23, and is so confident for its cash flow prospects in the current financial year that it terminated a $25 mil...

Shares on track to end four-day losing streak. Megaport shares soar, then earnings upgrade lands. Consumer confidence slips, business conditions steady.  

Infratil Ltd (ASX: IFT) shares are pushing higher on Monday. At the time of writing, the ASX All Ords share is up 1.5% to $9.52. The catalyst for this appears to be news that the company has made a major investment. What is this ASX All Or...