Articles On Megaport (ASX:MP1)

Shares slide as tech and real estate stocks lag. Megaport hammered on earnings miss. Bubs results hit by China woes. BWX cuts outlook. Retail sales drop greater than tipped.

The S&P/ASX All Technology Index (ASX: XTX) is down 0.81% today, but one ASX tech share is bucking the trend. The IntelliHR Ltd (ASX: IHR) share price soared soared 75% in earlier trade to 11 cents before retreating slightly. The comp...

The S&P/ASX 200 Index (ASX: XJO) is on course to record a small gain. At the time of writing, the benchmark index is up slightly to 7,485.1 points. Four ASX shares that have failed to follow the market higher today are listed below. He...

The share market defied weak leads from Wall Street as gains in defensive sectors helped keep it on track for its best monthly return in more than two years.   The S&P/ASX 200 rallied 11 points or 0.14 per cent to 7493. Today’s advan...

ShareCafeHigh cost of living causes a fall in retail sales: ASX up 0.22% at noon by Peter Milios   Retail sales in Australia fell 3.9% in December, surprising expectations for a 0.2% decline. The ABS Head of Retail Statistics noted that the...

The Megaport Ltd (ASX: MP1) share price is sinking today amid the company’s quarterly update. Megaport shares are currently down 20.18% and are fetching $6.13. The company’s share price rose 22% between market close on 30 December and 30 J...

1) After a difficult 2022, it has been a great start to the new calendar year for stock market investors, with the S&P/ASX 200 Index (ASX: XJO) up more than 6% in January. US markets have been even stronger, especially the tech-heavy N...

World Overnight SPI Overnight 7417.00 – 10.00 – 0.13% S&P ASX 200 7481.70 – 12.10 – 0.16% S&P500 4017.77 – 52.79 – 1.30% Nasdaq Comp 11393.81 – 227.90 – 1.96% DJIA 33717.09 – 260.99 – 0.77% S&P500 VIX 19.94 + 1.43...

The share market backed off a nine-month high as investors wait to see if the January rally in global equities weathers a string of central bank interest rate decisions this week. The S&P/ASX 200 eased 12 points or 0.16 per cent as U...

At the start of each week, I like to look at ASIC’s short position report to find out which shares are being targeted by short sellers. This is because I believe it is well worth keeping a close eye on short interest levels as high lev...

ASX investors love to see the insiders of companies they have shares in putting their money where their mouths are and buying shares of the businesses they are running. After all, the ultimate job of a company insider is to lead their comp...

By Mark Woodruff Guide: The FNArena database tabulates the views of seven major Australian and international stock brokers: Citi, Credit Suisse, Macquarie, Morgan Stanley, Morgans, Ord Minnett and UBS. For the purpose of broker rating corre...

The tech sector has been a difficult place to invest over the last 12 months. With interest rates rising across the globe, tech valuations have been hit hard. The good news is that analysts at Morgans believe the sector is now trading at a...

The share market logged its longest run of weekly advances since August after wholesale inflation cooled and Wall Street welcomed signs of economic resilience in the face of interest rate rises. The S&P/ASX 200 rallied 25.5 points or...

It’s looking like the S&P/ASX 200 Index (ASX: XJO) will have a positive end to the trading week at this point of Friday’s trading session. At the time of writing, the ASX 200 has gained a healthy 0.4%, which puts it back over the 7,50...

It’s been a fairly pleasant day of trading for the S&P/ASX 200 Index (ASX: XJO ) so far this Friday. At the time of writing, the ASX 200 has added a decent 0.45%, putting the index at bang on 7,500 points. But ASX 200 tech shares are h...

Small-cap ASX share Silk Logistics Holdings Ltd (ASX: SLH) has been tipped as a top pick by Cyan Investment Management co-founder Dean Fergie. In its most recently reported financial results, the warehousing and logistics company saw its F...

Positive leads from Wall Street and strong trading updates from Fortescue Metals and Origin Energy helped power the share market to a fresh nine-month high. The S&P/ASX 200 climbed 30 points or 0.4 per cent to 7498 by mid-session....

The S&P/ASX 200 Index (ASX: XJO) is on course to end the week with a decent gain. In afternoon trade, the benchmark index is up 0.35% to 7,494 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 on course to end the week strongly. In morning trade, the network as a service provider’s shares are up 6% to $7.34. Why is this ASX 200 tech share racing higher? The catalyst for the rise in th...

The Origin Energy Ltd (ASX: ORG) share price is on course to end the week on a positive note. In morning trade, the energy giant’s shares are up 2.5% to $7.51. Why is the Origin share price pushing higher? Investors have been bidding the...

At the start of each week, I like to look at ASIC’s short position report to find out which shares are being targeted by short sellers. This is because I believe it is well worth keeping a close eye on short interest levels as high lev...

All Ordinaries Index (ASX: XAO), or All Ords, shares saw plenty of volatility last year and I think 2023 could be another year of big movements. The All Ords is an index of approximately 500 of the biggest businesses listed on the ASX. Typ...

The ASX ended Friday flattish, but is at a 9-month high Energy and Miners led today after a series of announcements by majors Chinese lunar New Year ahead   The ASX 200 edged 0.20% higher on Friday, pushing the index to a 9-month high. Fo...

Even though investors refer to it all the time, past performance really has nothing to do with the future fortunes of a stock. Shares themselves have no memory so they don’t care where they came from. It only matters what will happen from...

The ASX share market went through a lot of pain last year. So did my portfolio which dropped around 15%, though that doesn’t account for the dividends I received. Some of my biggest investments are growth-focused, with two of my biggest...

The S&P/ASX 200 Index (ASX: XJO) kicked off the week strong, leaping 0.82% on Monday to close at 7,388.2 points. That was despite a lacklustre performance from mining shares. The S&P/ASX 200 Materials Index (ASX: XMJ) lifted just 0...

ASX 200 holds steady around +0.8% since lunch Australian Pacific Coal CEO David Conry has left the company. Abruptly. Bain Capital making all the right noises about bringing Virgin back to the bourse   All up, it’s been a pretty tidy old...

The share market’s gains for 2023 reached 5 per cent today after China announced its reopening Covid wave had peaked and a new US earnings season got off to a cautiously positive start. The S&P/ASX 200 hit an eight-month high of 7396...

ASX extends gains to 4th straight day Iron ore stocks fall, Tech stocks rise Earning season gets underway with a trickle of ASX companies reporting today   The ASX 200 extended gains for a fourth consecutive day, up by 0.80% on Monday des...

The share market surged to an eight-month high as some of last year’s worst-performing stocks rebounded amid optimism that global headwinds are receding. The S&P/ASX 200 was ahead 59 points or 0.81 per cent mid-session at 7387 after...

At the start of each week, I like to look at ASIC’s short position report to find out which shares are being targeted by short sellers. This is because I believe it is well worth keeping a close eye on short interest levels as high level...

The S&P/ASX 200 Index (ASX: XJO) ended the week on a high – a six-week high that is. The index lifted 0.66% today to close at 7,328.1 points. That marks a 3.07% week-on-week improvement. Friday’s gain came on the back of positive i...

Aussie shares bolted to a five-week high as mining giant BHP hit a record, and a sharp decline in the cost of importing goods signalled inflationary pressures eased at the end of last year. The S&P/ASX 200 surged 85 points or 1.18 pe...

A record high for index heavyweight BHP helped drive the ASX to its strongest level since the first week of December.     At the halfway mark, the S&P/ASX 200 was ahead 84 points or 1.17 per cent at 7279. Ten of eleven sectors adv...

It was a good day to be invested in many S&P/ASX 200 Index (ASX: XJO) shares, with the index gaining 0.9% on Wednesday to close at 7,195.3 points. In a welcome change from yesterday’s session, nearly all sectors ended the day higher...

The ASX down by 0.30% on Tuesday Iron ore miners pare gains as China clamps down on speculation Jerome Powell will speak tonight   The ASX 200 lost 0.30% on Tuesday as the biggest three sectors – Energy, Mining and Financial – took a tumb...

The S&P/ASX 200 Index (ASX: XJO) traded in the green on Monday, closing 0.59% higher at 7,151.3 points. It followed a strong Friday session on Wall Street. The Dow Jones Industrial Average Index (DJX: .DJI) closed last week with a 2.1%...

The share market sealed its longest win run since early November with a fourth straight rise following strong gains on Wall Street as buyers bet on a soft landing for the US economy. The S&P/ASX 200 trimmed its advance as iron ore pr...

Aussie shares hit a three-week high amid optimism about cooling inflation and China reopening. The S&P/ASX 200 rallied 44 points or 0.62 per cent by mid-session. The advance put the Australian benchmark on track for a fourth straight...

At the start of each week, I like to look at ASIC’s short position report to find out which shares are being targeted by short sellers. This is because I believe it is well worth keeping a close eye on short interest levels as high lev...

ASX tech shares had a terrible time in 2022 amid numerous interest rate rises. After such a bad run, can the sector regain investor confidence in 2023? As an example of the heavy decline, the BetaShares S&P/ASX Australian Technology ET...

Info-Tech Research Group says the metaverse and generative AI are among the tech trends this year Data players and stocks involved in digitalisation are primed for the spotlight ESG reporting are expected to become more regulated globally...

A new year got off to a challenging start with Australian stocks at eight-week lows as a month-long retreat continued in the wake of soft economic signals from major trading partner China.   The S&P/ASX 200 slumped 92.5 points or 1.3...

At the start of each week, I like to look at ASIC’s short position report to find out which shares are being targeted by short sellers. This is because I believe it is well worth keeping a close eye on short interest levels as high lev...

At the start of each week, I like to look at ASIC’s short position report to find out which shares are being targeted by short sellers. This is because I believe it is well worth keeping a close eye on short interest levels as high lev...

The S&P/ASX 200 Index (ASX: XJO) has continued its positive form on Thursday. In afternoon trade, the benchmark index is up 0.6% to 7,158.5 points. Four ASX shares that are climbing more than most today are listed below. Here’s why...

The All Ordinaries Index (ASX: XAO) had a fairly dreadful day of red ink this Tuesday. By the end of the trading session, the All Ords had slipped by a nasty 1.66%, putting the index at 7,199.6 points. But that loss pales in comparison to...

ASX closes down 1.54% setting a 20-day low with hopes of a Christmas rally fading Japan stocks tumble after Bank of Japan adjusts its bond yield cap Johns Lyng Group COO Lindsay Barber sells down ~$26 million worth of shares The benchmar...

Mining stocks bounced back, trimming losses on the ASX For the week, the ASX 200 was down 0.5% T.Rowe Price predicts an earnings recession in Australia next year   Energy and mining stocks bounced back today, trimming losses on the ASX. A...