Articles On Megaport (ASX:MP1)

“Your Stock Request” is a weekly video where we analyse share price charts for stocks on the Australian market (ASX) as requested by you! Email us at [email protected] with your stock request. Limit of one per person, no guarantee o...

Shareholders of Megaport Limited ( ASX:MP1 ) will have been dismayed by the negative share price return over the last...

It has been a tough 12 months for tech stocks, with the S&P/ASX All Technology Index (ASX: XTX) losing 35% as sharply higher interest rates take their toll on the sector. Notable losers have been the Megaport Ltd (ASX: MP1) share price...

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...

By Greg Peel Flat Session As I had suggested, the ASX200 simply stepped-jumped up on Friday in the opening minutes and did nothing thereafter, closing where it had opened. It was a good day for a steak and a red. The formidable 7000 resista...

The Australian share market was on fire today after the United States reported a softer-than-expected inflation number for October. The implication, of course, is that interest rate rises might finally be working in the world’s largest eco...

Highlights The ASX 200 benchmark index closed in green today (November 11), gaining 194.00 points or 2.79% to end at 7,158.00 points. Over the last five days, the index has gained 3.85% but is down 3.85% for the last year to date. IT...

The S&P/ASX 200 Index (ASX: XJO) surged to a five-month high on Friday following a ripper session on Wall Street. The index closed 2.79% higher at 7,158 points. That left it 3.85% higher week-on-week. It followed a major rally in New Y...

A global relief rally catapulted the ASX 200 to a five-month high after Wall Street celebrated a slowdown in inflation with its biggest advance since 2020. The S&P/ASX 200 wrapped up a strong week with a rise of 194 points or 2.79 pe...

The All Ordinaires Index (ASX: XAO) is having a cracker of a day today. At the time of writing, the All Ords is up an impressive 2.4% and is back over 7,300 points. But that is nothing compared to the performance of the Zip Co Ltd (ASX: ZI...

The Brainchip Holdings Ltd (ASX: BRN) share price is up by 5.88% this afternoon amid a broader lift in Australian shares as well as US equities overnight. Shares of the AI company are currently trading for 63 cents apiece. ASX tech shares...

ShareCafeMarket surges to a five-month high after a shaky week: ASX up 2.68% at noon by Peter Milios   The ASX has opened to a five-month high, as Information Technology surged by almost 5 per cent. Real Estate was the next best sector, clo...

Wall Street’s best night since 2020 fuelled strong gains on the ASX, powering the benchmark to its highest level since June. The S&P/ASX 200 rallied 163 points or 2.33 per cent by mid-session. The rally followed huge gains in the US...

The S&P/ASX 200 Index (ASX: XJO) is soaring to a five-month high this morning after the latest US inflation figures saw Wall Street soar overnight, and Aussie tech shares are among the market’s leaders. The ASX 200 is currently up 2....

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 All Ordinaries Index (ASX: XAO) is 0.29% in the green today, but these three ASX All Ords shares are charging higher. 3P Learning Ltd (ASX: 3PL), OM Holdings Limited (ASX: OMH), and GQG Partners Inc (ASX: GQG) shares are all surg...

Writing in its latest monthly update, leading fund manager QVG Capital reports a positive return for its Long Short Fund in October, up 3.6% for the month versus a gain of 5.8% for the S&P/ASX 300 Index (ASX: XKO). The QVG Long Short F...

The share market’s recent strong run brought up a fresh seven-week high before caution set in ahead of tonight’s US interest rate decision. The S&P/ASX 200 hit 7011.7, its highest since September 13, then more than halved its gain....

Local shares close 0.20% higher ahead of Fed meet The FOMC will hand down its rates decision tonight Coal stocks outperform on Wednesday Aussie shares inched higher on Wednesday by 0.2% as investors await the Fed’s monetary policy decisio...

The ASX 200 cracked 7000 for the first time in seven weeks as a rebound in commodity prices helped offset caution on Wall Street ahead of an interest rate decision. The Australian benchmark traded as high as 7012 before trimming its rise...

The S&P/ASX 200 Index (ASX: XJO) gained on Tuesday as the Reserve Bank of Australia (RBA) hiked interest rates once more. The index closed 1.65% higher at 6,976.9 points. The RBA lifted the nation’s cash rate by 0.25% to 2.85% at its...

The share market hit its highest in seven weeks after the Reserve Bank lifted benchmark interest rates by a quarter of a percentage point and raised its inflation forecast. The market added to early gains after the bank resisted calls to...

The ASX 200 rose for the sixth time in seven sessions ahead of a likely interest rate rise this afternoon. The Australian benchmark broke above 6900 for the first time since mid-September shortly before lunchtime. The index was 51 points...

It was a month to remember for the S&P/ASX 200 Index (ASX: XJO) in October. The benchmark index charged an impressive 6% higher during the month. Unfortunately, not all ASX 200 shares managed to climb with the market and some even re...

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 share market pared a winning week after the price of the nation’s most valuable export fell sharply and a horror run for US Big Tech continued with an earnings miss from Amazon. The S&P/ASX 200 declined 59 points or 0.87 per cent...

The share market suffered the first setback of a positive week after iron ore fell to a two-year low and disappointing US earnings weighed on the tech sector.    The S&P/ASX 200 declined 37 points or 0.54 per cent by mid-session. Des...

After a tough year, more than one expert reckons ASX shares will follow the historical pattern and shoot upwards heading into Christmas. The reasoning is that the market can finally see the light at the end of the tunnel. There is optimism...

One investment specialist believes that a handful of ASX 200 shares could be attractive merger or acquisition (M&A) targets. Tribeca Investment Partners lead portfolio manager Jun Bei Liu gave her analysis of these shares in an article...

The S&P/ASX 200 Index (ASX: XJO) recovered some of last week’s losses on Monday as materials shares soared. The index closed 1.54% higher at 6,779.4 points. Its gain came after all three of the US’ major indices closed Friday in th...

The ASX 200 tracked Wall St higher RBA says it wants households to reduce spending to curb inflation China released a handful of economic data   Local shares are tracking Friday’s rally in New York as the ASX 200 closed Monday 1.6% higher...

Weekly update on stockbroker recommendation, target price, and earnings forecast changes. By Mark Woodruff Guide: The FNArena database tabulates the views of seven major Australian and international stock brokers: Citi, Credit Suisse, Macqu...

Australia’s S&P/ASX 200 (INDEXASX: XJO) futures in Sydney are pointing to a strong, positive open for the Aussie market on Monday morning. The Whitehaven Coal Ltd (ASX: WHC) share price and Megaport Ltd (ASX: MP1) share price are in foc...

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...

Highlights Australian shares opened flat on Friday. The ASX 200 fell in opening trade, slipping 4.10 points to 6,726.60. On Thursday, the benchmark index ended 1% lower at 6,817.5 points. Australian shares opened flat...

ShareCafeTwo-day winning streak over: ASX closes down 1.02% by Lauren Hayes   Local markets halted a two-day winning streak today and not even the energy sector could lift the S&P/ASX 200, which closed 1.02 per cent or 69.40 points lowe...

Highlights The ASX 200 benchmark index closed down today (20 October), losing 72.70 points or 1.07% to end at 6,727.40 points. Over the last five days, the index has gained 1.28%, but is down 9.63% for the last year to date. IT and ma...

The ASX stumbles again on Thursday Aussie unemployment stays at 3.5%, a 50-year low Medibank cyber saga continues as AFP steps in Market volatility continues as local shares tumbled once again on Thursday, this time by 1.1%. The ASX has t...

Australian shares tracked Wall Street lower after the cost of borrowing rose and the jobs market showed early signs of slowing. The S&P/ASX 200 declined 69 points or 1.02 per cent to 6731. The retreat continued a burst of moves of...

The S&P/ASX 200 Index (ASX: XJO) is on course to record a sizeable decline. In afternoon trade, the benchmark index is down 1.2% to 6,720 points. Four ASX shares that are not letting that hold them back today are listed below. Here’s...

Australian shares fell for the first time in three sessions as record results from energy giants Woodside and Santos were overshadowed by weak jobs data and renewed worries about rising rates. The S&P/ASX 200 dropped 78 points or 1.1...

ShareCafeJobs data misses predictions: Aus shares 1% lower at noon by Peter Milios   The two-day rally for US equities came to an abrupt end and bond yields soared as hawkish comments from Fed officials and another round of strong earnings...

Winner The Woodside Energy Group Ltd (ASX: WDS) share price has gained $1.65 or 5.1% to $34.20 in Thursday morning trade after the oil and gas producer reported record third-quarter production, sales volume and revenue, up 52%, 59% and 70%...

The Woodside Energy Group Ltd (ASX: WDS) share price is on the move on Thursday. In morning trade, the energy giant’s shares are up 5% to $34.20. This follows the release of Woodside’s third quarter update this morning. Woodside share...

The Australian share market backed-up its Tuesday effort with a solid performance on Wednesday, with the benchmark S&P/ASX200 (INDEXASX: XJO) index gaining 20.9 points, or 0.3 per cent, to 6,800.1, while the 500-stock All Ordinaries (AS...

World Overnight SPI Overnight 6744.00 – 47.00 – 0.69% S&P ASX 200 6800.10 + 20.90 0.31% S&P500 3695.16 – 24.82 – 0.67% Nasdaq Comp 10680.51 – 91.89 – 0.85% DJIA 30423.81 – 99.99 – 0.33% S&P500 VIX 30.76 + 0.26 0.85...

On Wednesday, the S&P/ASX 200 Index (ASX: XJO) was on form again and pushed higher. The benchmark index rose 0.3% to 6,800.1 points. Will the market be able to build on this on Thursday? Here are five things to watch: ASX 200 expected...

ShareCafeMore quarterlies released: ASX finishes marginally in the green by Peter Milios   The ASX closed the day slightly higher as more companies are starting to release their quarterly reports. Overall, at the closing bell, the S&P/A...

Highlights The ASX 200 benchmark index closed up today (19 October), gaining 20.90 points or 0.31% to end at 6,800.10 points. Over the last five days, the index has gained 2.30%, but is down 8.66% for the last year to date. Utilities...

It has been a day to forget for the Megaport Ltd (ASX: MP1) share price. The network-as-a-service provider’s shares ended the day a whopping 22% lower at $6.61. Why did the Megaport share price crash deep into the red? Investors have bee...