Articles On Megaport (ASX:MP1)

Optus is one of Australia’s largest telecommunication brands, ranking just behind the S&P/ASX 200 Index (ASX: XJO)’s Telstra Corporation Ltd (ASX: TLS) in its market share of mobile phone services. The telco giant is in hot water...

ShareCafeEvening Report: 26 September, 2022 by Paul Sanger   Australian shares have started the week sharply lower after global equity markets tumbled on Friday. Concerns over global growth and a strengthening US dollar combined to heap pre...

Highlights The ASX 200 benchmark index closed 1.60% lower to end at 6,469.40 points today (26 September). Over the last five days, the index has lost 3.73%, while it has plunged 11.89% over the last 52 weeks. Six out of 11 sectors end...

The S&P/ASX 200 Index (ASX: XJO) tumbled amid global recession fears on Monday. The index closed 1.6% lower at 6,469.40 points. Its fall followed a similarly tough Friday session on Wall Street. The Dow Jones Industrial Average IndexÂ...

The ASX has extended its losses on Monday on risk-off sentiment Energy and Mining led the losses Two CEOs departed today   After losing 4% last week, the ASX retreated another 1.45% to a 3-month low on Monday as a fresh round of risk aver...

We feel now is a pretty good time to analyse Megaport Limited's ( ASX:MP1 ) business as it appears the company may be...

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 ASX tumbled over 2% on Friday and 4% for the week All 11 sectors were sold off today, with rates sensitive sectors suffering the most This comes as the Fed unleashed its third straight 75bp hike on Wednesday Aussie shares tumbled 2% o...

The Xero Limited (ASX: XRO) share price is in the red today, but could better days be ahead? Xero shares are currently trading at $78.01, a 6% fall. For perspective, the S&P/ASX 200 Index (ASX: XJO) is down 1.68% today. So what’s goi...

The tech sector has been well and truly out of form this year. For example, the S&P ASX All Technology index is down a sizeable 32% in 2022. While this is disappointing, it could have dragged a number of ASX tech shares down to very a...

While there are many successful companies on the ASX that solely serve Australian consumers, there are huge markets to be conquered beyond the seas that girt this land. Expanding internationally is difficult to execute but the end result o...

Resources stocks in high demand during the past fortnight with several attracting new substantial shareholders Newly listed Terra Uranium has a new substantial shareholder Rate sensitive sectors have lost substantial shareholders over the...

The Appen Ltd (ASX: APX) share price is in the green today. Appen shares are currently trading at $3.465, a 1.61% gain, after jumping 6.7% to an intraday high of $3.64 early in the session. Let’s take a look at what may be impacting the A...

Lovisa Holdings Ltd (ASX: LOV) shares are among the newest additions to the S&P/ASX 200 Index (ASX: XJO) today. For me, Lovisa has been an ASX share that got away. And it could very well continue to do so. After tumbling to $3.31 in th...

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 team at Morgans has recently named a number of shares that it rates highly. Two that get the tick of approval are listed below. Here’s why its analysts have named these ASX shares as buys: Lovisa Holdings Ltd (ASX: LOV) This fashio...

The Lake Resources N.L. (ASX: LKE) share price has continued its slide on Friday. In afternoon trade, the lithium developer’s shares are down almost 3% to 90 cents. This means the Lake Resources share price is now down approximately 30%...

The Lake Resources N.L. (ASX: LKE) share price is continuing to slide on Thursday, dumping another 3.11%. It follows yesterday’s dire session for the S&P/ASX 200 Index (ASX: XJO) lithium stock, in which it tumbled 16.5%. The Lake Re...

ShareCafeEvening Report: 14 September, 2022 by Paul Sanger   Around $60 billion has been wiped off the value of Australian shares after US inflation rose faster than expected in August, prompting fears of more aggressive interest rate rises...

Highlights: The ASX 200 benchmark index closed 2.58% down to end at 6,828.60 points today (as of 4:17 PM AEST, 14 September 2022). Over the last five days, the index has gained 1.48%, but is down 8.27% for the last year to date. All 1...

The ASX plunges on Wednesday following a rout on Wall Street overnight US CPI was higher than expected for August All 11 ASX sectors sold off   More than $60bn has been wiped out of the Australian stock market today, as the ASX 200 index...

The share market suffered its biggest setback in three months after unexpectedly hot US inflation data forced investors to reassess the outlook for interest rates. Equity markets from Europe through to Asia turned sharply lower as risk a...

ASX lithium shares are a bit of a mixed bag amid the rout across the Aussie stock market today. At the time of writing, the S&P/ASX 200 Index (ASX: XJO) is down 2.48% following heavy declines on Wall Street overnight. The Dow Jones t...

The goodwill that we saw for ASX 200 shares earlier this week has evaporated, and then some, today after a savage session of selling. At the time of writing, the S&P/ASX 200 Index (ASX: XJO) has crashed by a painful 2.47% to back under...

The WiseTech Global Ltd (ASX: WTC) share price is looking less appetising to investors on Wednesday. Despite being the best-performing of the ‘WAAAX‘ shares this year, the logistics software provider is not immune to today’s antics. Racin...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to record a very disappointing decline. At the time of writing, the benchmark index is down 2.45% to 6,838.4 points. Four ASX shares that are falling more than most tod...

ShareCafeLunch Report: 14 September, 2022 by Paul Sanger   Around $60 billion has been wiped off the value of Australian shares after US inflation rose faster than expected in August, prompting fears of more aggressive interest rate rises b...

The Appen Ltd (ASX: APX) share price is down today amid the sell-off in US equities markets that unfolded while the ASX slept. Shares of the data solutions and services company are currently trading 2.11% lower at $3.71 each. Today’s loss...

The share market skidded towards its worst loss since June after stubbornly high US inflation data bolstered the case for much higher rates by year-end. The S&P/ASX 200 tumbled 172 points or 2.46 per cent by the halfway mark. Just tw...

The Megaport Ltd (ASX: MP1) share price is having a day to forget on Wednesday. In afternoon trade, the network as a service company’s shares are down almost 10% to $7.85. This means the Megaport share price is now down approximately 60%...

The S&P/ASX 200 Index (ASX: XJO) is reeling today after a hot US inflation report caught Wall Street off guard overnight. This saw the Dow Jones tumble 3.9% for its worst day since June 2020 while the tech-heavy Nasdaq Composite crater...

The BrainChip Holdings Ltd (ASX: BRN) share price is having a tough day. In early trade, the semiconductor company’s shares are down 8% to 92 cents. Why is the BrainChip share price sinking? The BrainChip share price is under pressure on...

As the old saying goes, the stock market climbs a wall of worry. Overnight, the S&P 500 Index (SP: .INX) extended last week’s rally, bringing up its biggest four-day gain since June. The Apple (NASDAQ: AAPL) share price gained almost 4...

The Appen Ltd (ASX: APX) share price has continued a horrid run on the ASX this year, flopping 66% to levels not seen since mid-2017. Let’s journey back to see what’s gone wrong for the Appen share price before taking a look at where it co...

Popular tech share BrainChip Holdings Ltd (ASX: BRN) has all the hallmarks of being a 10-bagger. The company is the worldwide leader in edge artificial intelligence (AI) on-chip processing and learning. Its first-to-market neuromorphic p...

The ASX extends its 1% gain last week by another 1% on Monday Miners lead as commodity prices rally US CPI ahead tonight   The ASX tracked last Friday’s rally on Wall Street’s and jumped 1% straight out of the gates this morning. The inde...

A third day of gains propelled the stock market to its highest this month ahead of reports this week on US inflation and Australian employment. The S&P/ASX 200 climbed 70 points or 1.02 per cent to 6964.5. The rally extended the Aust...

Tech shares are outperforming the S&P/ASX 200 Index (ASX: XJO) on Monday. The S&P/ASX 200 Information Technology Index (ASX: XIJ) has lifted 1.6% compared to the broader index’s 0.99% rise at the time of writing. That makes it the...

There’s likely to be a corporate apocalypse should we head into a deep economic recession, as some experts are predicting. And ASX shares are right in the firing line. That’s a fitting appraisal for some entities already operating as so-...

Looking for growth shares to buy? Well, I have good news for you. Listed below are two ASX growth shares that are rated as buys by analysts with major upside potential. Here’s what you need to know about them: Life360 Inc (ASX: 360) T...

The Life360 Inc (ASX: 360) share price was among the best performers on the ASX 200 index on Thursday. The location technology company’s shares ended the day 16% higher at $5.69. Why did the Life360 share price rocket higher? Investors w...

ASX 200 jumps 1.8%  Small Caps index adds 0.8% TYR and AQC lead small cap wins   The ASX Emerging Companies index (XEC) has risen 0.7% on Thursday. The benchmark 200 index climbed 1.8% on heavy late trade following quasi-dovish language...

The Brainchip Holdings Ltd (ASX: BRN) share price spent a solid day in the green today amid a positive trading session overall for ASX technology shares. Shares in the artificial intelligence tech solutions company closed today at 97 cent...

The S&P/ASX 200 Index (ASX: XJO) bounced back from Wednesday’s seven-week low today. The index closed 1.77% higher at 6,848.70 points. It followed a strong session on Wall Street that saw the tech-heavy Nasdaq Composite Index (NASDAQ...

The ASX rallies further after remarks from RBA Governor Philip Lowe Lowe says the pace of rate hikes could slow down Tyro Payments rejects takeover bid   The ASX 200 surged in the afternoon following a speech from RBA Governor, Philip Low...

The share market recouped all of yesterday’s heavy loss, plus more, after the Reserve Bank hinted at a slowdown in rate increases. The S&P/ASX 200 rallied 119 points or 1.77 per cent during its strongest session since June. Strong...

Australian shares rallied for the first time in three days as retreats in energy prices and borrowing costs soothed inflation worries. The S&P/ASX 200 climbed 67 points or 1 per cent by mid-session. By yesterday’s close, the Australi...

ShareCafeLunch Report: 8 September, 2022 by Paul Sanger   The ASX is following Wall Street’s rebound, as the local market waits for further indications that the most-aggressive rate hikes are done. Lithium stocks are very much in play again...

The Megaport Limited (ASX: MP1) share price is soaring today in what’s shaping up as a stellar day for ASX technology shares. Shares in the global software company are currently trading at $8.14 each, a 10% gain. For perspective, the S&a...

ASX 200 tech shares are back in favour today with the sector topping the leader board on the back of a positive lead from Wall Street overnight. The group gained 2.52% in morning trade with the consumer discretionary sector in second spot...