Articles On Megaport (ASX:MP1)

ASX enjoys one of its best sessions this year as the RBA hints at smaller rate hikes ahead. Tyro rockets on bid rebuff, iron ore rebounds and banks tip 25bp rate rise in October.

In this week's Weekly Insights:-August Reports: Closing Remarks-Conviction Calls-Research To DownloadBy Rudi Filapek-Vandyck, EditorAugust Reports: Closing RemarksThe key attraction for investing in small and micro cap companies is the abil...

It’s been a big week of ASX director trades with large buys and sells  as reporting season comes to end Lithium producer Allkem sees one of its directors sell down more than $20 million worth of stock Leaders in blood products giant CSL se...

The S&P/ASX 200 Index (ASX: XJO) took its lead from Wall Street on Wednesday, plummeting to a seven-week low. The index closed 1.42% lower at 6,729.30 points. It came after the S&P 500 Index (SP: .INX) and Dow Jones Industrial Aver...

The ASX 200 closes over 1pc lower on Wednesday Energy stocks drag the index Australian GDP grows again in first half   Aussie shares are down another 1.40% on Wednesday following last night’s lead from Wall Street. After losing 4% last we...

If you’re a growth investor and have room for in your portfolio for some new additions in September, then it could be worth considering the two ASX growth shares listed below. Here’s what you need to know about these buy-rated shares:...

The S&P/ASX 200 Index (ASX: XJO) slid into the red after a decent start to Tuesday’s trade on news the Reserve Bank of Australia lifted interest rates by 0.5% today. The index closed 0.38% lower at 6,826.50 points. Today’s decision...

The share market declined after the Reserve Bank raised the official interest rate by 50 basis points and showed no sign it was ready to slow the pace of increases. The S&P/ASX 200 closed 26 points or 0.38 per cent in the red after e...

The ASX 200 finishes 0.40% lower The RBA increases its cash rate by another 50bp Australia records another trade surplus   Local shares were relatively muted today following the interest rates decision by the RBA, closing Tuesday just 0.4...

The share market exhibited few nerves ahead of a likely rate rise this afternoon, rising for a second day despite overnight declines in European stocks during a US market holiday. The S&P/ASX 200 firmed four points or 0.05 per cent b...

August proved disastrous for the Novonix Ltd (ASX: NVX) share price. It tumbled 14.49% over the course of last month despite no word from the company until its final session. After closing July trading at $2.83, the stock plummeted to fini...

The S&P/ASX 200 Index (ASX: XJO) put out a wobbly performance on Wednesday, opening and closing in the red despite gaining for much of the session. The index closed 0.16% lower at 6,986.80 points. Sadly, today marks the unofficial end...

The ASX 200 fell on Wednesday, 0.50% higher for the month Energy and mining sectors were the main laggards Ahead tonight, US and Euro employment data and Euro zone GDP will be released   Australian shares tracked Wall Street lower today,...

The stock market suffered its heaviest loss in two and a half months as investors reacted to rates jitters on Wall Street and unexpectedly strong retail sales figures. The S&P/ASX 200 slumped 139 points or 1.95 per cent to 6965.5. Ju...

Once a 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 levels can sometim...

ASX finishes Thursday 0.75% higher Qantas makes $1.9bn FY22 loss Global central bankers to start arriving in Wyoming for Jackson Hole   Blue chip shares rose 0.75% on Thursday as investors reacted to the last batch of results to be releas...

The ASX 200 index fell by 1% on Tuesday Energy stocks rose as European’s benchmark for natural gas surged 20% overnight T. Rowe Price has downgraded Aussie stocks from overweight to neutral   Local shares finished lower by 1% for the seco...

Natural rutile producer Sierra Rutile has seen several new substantial shareholders since listing on the ASX on July 27 Troubled biotech Hexima has seen global investment bank Credit Suisse bullish on its prospects becoming a substantial s...

Once a 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 levels can sometim...

The ASX 200 finished lower today Xero dragged down Tech sector  Australia’s jobless rate is at 3.4% lowest in almost half a century   The ASX 200 index fell for the first time this week, down by 0.30%, as Tech stocks dragged the bourse lo...

The ASX 200 is up by 0.20% on Wednesday Australia’s wage increases by only 2.6% Earnings results dominate newsflow   The ASX 200 notched up its third consecutive winning day after finishing slightly above water by 0.30% on Wednesday. Cons...

ShareCafeBourse Discourse: ARG, BEN, BPT Even with market sentiment having improved a bit, the pressure on companies to deliver this reporting season is higher than ever. While LIC Argo Investments met the challenge, both Bendigo and Adelai...

The ASX 200 was up by marginally today, tracking Friday’s Wall Street returns  Earning season continues on the ASX. Bluescope gains while Beach Energy is hammered China’s data releases today suggest an economic downturn   The ASX 200 rose...

Once a 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 levels can sometimes...

ShareCafeThe Week that Was – August 8-12, 2022 We at ShareCafe understand you are busy and may not have been left with enough time to keep up with the quality content we’ve been bringing you throughout the week. To make it easier to do so,...

The share market came close to erasing its gains for the week following soft leads from Wall Street and a bout of profit-taking at two-month highs. The S&P/ASX 200 remained on track for a fourth week of gains despite falling 42 point...

The Novonix Ltd (ASX: NVX) share price is tumbling lower today despite no news having been released by the battery materials and technology company. It’s in the red alongside many of its tech and battery metals peers today after surging...

ShareCafeYou Ready to Let the Dogs Out? by Andrew Fleming – Deputy Head of Australian Equities   July bucked the trend of the year. To use the parlance of The Hangover, when asked “Are you ready to let the dogs out?”, the market answered ag...

The Megaport Ltd (ASX: MP1) share price jumped 3.27% on Thursday to end the day’s trading at $8.84. Megaport shares seem to have benefitted from an ASX tech tailwind started by a positive session from its peers listed on the Nasdaq Compo...

Megaport Limited (ASX:MP1) had released quarterly updates so KPI’s for FY22 were already known.

The Novonix Ltd (ASX: NVX) share price is leaping upwards today, gaining back its Wednesday losses and then some to mark its highest point in nine weeks. That’s despite no word having been released by the company since late last month. R...

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

Australian shares fell for the first time in four sessions as a global market retreat continued ahead of tonight’s nervously-anticipated July US inflation report. The S&P/ASX 200 finished 36 points or 0.51 per cent lower after a mid-...

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

It’s been a mildly negative day of trading for the S&P/ASX 200 Index (ASX: XJO) so far this Wednesday. At the time of writing, the ASX 200 has lost 0.27% and is back to around 7,011 points. But ASX 200 tech shares are doing far worse....

Welcome to the FNArena Corporate Results Monitor. Today's Reports: ((CLW)) - Charter Hall Long WALE REIT ((CRN)) - Coronado Global Resources ((MP1)) - Megaport ((NWS)) - News Corp ((REA)) - REA Group ((RKN)) - Reckon Check it out at http...

Megaport’s FY22 result highlighted significant metrics disclosed for the first time, underpinning broker views of a solid longer term growth story. -Megaport had pre-released headline numbers-Official FY22 report provided significant first-...

The Lake Resources N.L. (ASX: LKE) share price has extended its gains at midday on Wednesday. At the time of writing, the Lake share price is trading 6.86% higher at $1.33, down off its intraday high of $1.35 early in the session. Wh...

Owners of shares in S&P/ASX 200 Index (ASX: XJO) online real estate advertising company REA Group Limited (ASX: REA), rejoice! Your investment just announced its largest dividend ever, boosting its full year payout by 25%. Sadly, the s...

The Megaport Ltd (ASX: MP1) share price soared on the back of the company’s FY22 results, but is it a buy? The technology company’s share price surged 10% on Tuesday. What’s more, the Megaport share price has rocketed 37.4% in the past mo...

By Greg Peel One More Sleep A choppy session in a tight range for the ASX200 yesterday ended with the third session in a row of little net movement, ahead of tonight’s US CPI. Not that there weren’t some definitive sector moves. The banks f...

The ASX 200 index is home to a large number of blue chip shares. Two that could be in the buy zone right now are listed below. Here’s what brokers are saying about these ASX 200 shares: BHP Group Ltd (ASX: BHP) The first ASX 200 blue...

Rising interest rates are expected to bite both Australian consumers and businesses, causing an economic slowdown. With this in mind, many experts are urging investors to buy “quality” companies. Elvest portfolio managers Adrian Ezquerro a...

ShareCafeEmerging Tech Not for the Faint of Heart The life of an emerging tech stock is hard sometimes. Take network as software services (NASS) company Megaport, for instance. On July 27 the shares closed at their most recent high of $9.71...

The Megaport Ltd (ASX: MP1) share price has jumped 10% higher after reporting its FY22 result. Megaport is one of the businesses that is enabling the world’s digital infrastructure to move onto the cloud/internet. Strong global growth in FY...

Aussie markets are flat, flat, flat (actually the benchmark found 0.1%) Banks are lower, consumer names higher Explorers Devex and Tempus have found big things in the ground   There’s about 15 minutes of trade on the ASX and I’m calling b...

The S&P/ASX 200 Index (ASX: XJO) dipped in and out of the red over the course of Tuesday before ultimately closing higher, helped along by tech shares. The index was 0.13% higher at 7,029.8 points at the market close. The S&P/ASX...

Megaport [ASX:MP1] shares rose 9% after releasing its FY22 results with revenue rising 40% to $109.7 million, and net loss shrinking 12% to $48.5 million. The post Megaport [ASX:MP1] Shares Rise On FY22 Results appeared first on Money Morni...

The ASX 200 finishes flat again today Australian consumer confidence down, while business confidence rises NAB, Megaport, News Corp release their earnings   The ASX 200 has finished flat for the second day in a row. Gains of over 1% in Co...

Aussie shares eked out a third day of gains as investors mulled mixed leads from the US, a soft trading update from NAB and conflicting signals about the outlook for interest rates. The S&P/ASX 200 edged up nine points or 0.13 per ce...