Articles On Megaport (ASX:MP1)

A recovery in the beaten-down tech sector helped cushion the share market against a severe plunge on commodity markets. The S&P/ASX 200 slid 32 points or 0.5 per cent by mid-session. A horror night for oil and other commodities pu...

Highlights The ASX 200 opened lower on Wednesday, down 22.70 points or 0.34% to 6,606.60. The benchmark fell30 points or 0.55% to 6,593, in the first 10 minutes of trade.  On Tuesday, the benchmark ASX 200 index climbed 0.25...

Due to the market’s sudden aversion to loss-making tech companies, you won’t be surprised to learn that the Megaport Ltd (ASX: MP1) share price has been hammered in 2022. Since the start of the year, the leading cloud connectivity and...

This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated. This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated. Bear markets are pivo...

If you have room for some new portfolio additions in July, then it could be worth considering the three ASX growth shares listed below. Here’s what you need to know about these buy-rated shares: Lovisa Holdings Limited (ASX: LOV) The f...

114 tech stocks were trading down for the month of June 11 stocks flatlined and only 22 were in the green The biggest losers were iSYNERGY, Icetana and Eroad   Wowzers. Even by tech stocks standards, June was a bit of a shocker, with the...

Gold aspirant Cavalier Resources announces its new substantial shareholders following IPO Gold stocks in demand as investors seek the traditional inflationary hedge Hard hit health and e-commerce stocks continue to lose substantial shareho...

The Megaport Ltd (ASX: MP1) share price is in the red by 5% right now. It has lost some of the ground it had recovered over the past week. Megaport isn’t the only one that’s down. The S&P/ASX 200 Index (ASX: XJO) is currently down...

On Tuesday, the S&P/ASX 200 Index (ASX: XJO) was on form again and stormed higher. The benchmark index rose 0.85% to 6,763.6 points. Will the market be able to build on this on Wednesday? Here are five things to watch: ASX 200 expect...

Telco infrastructure play Megaport is shoring up its takeover defences, recognising that a bombed out share price could leave it vulnerable to an opportunistic bid. 

If you’re looking for some new growth shares to buy following the market weakness, then it could be worth considering the two ASX shares listed below. Both of these ASX shares have been tipped as buys with major upside potential. Here’...

The share market climbed to a two-week high as a rebound in commodity prices helped overcome scepticism about the durability of the current recovery. The S&P/ASX 200 rallied 58 points or 0.86 per cent to a fourth straight gain. The a...

Multiple ASX tech shares are having a horror day on the market today. The S&P/ASX All Technology Index (ASX: XTX) is down 1.2% while the S&P/ASX 200 Info Tech Index (ASX: XIJ) is falling 0.8%. Let’s take a look at what could be...

The Appen Ltd (ASX: APX) share price is lagging the market on Tuesday despite the company’s silence. However, it’s not alone in its suffering. The former S&P/ASX 200 Index (ASX: XJO) stock is joined in the red by many of its fello...

The share market recovery extended into a fourth session as gains in commodity exporters and defensive sectors outweighed declines in consumer and tech stocks. The S&P/ASX 200 climbed 21 points or 0.31 per cent by mid-session. Reb...

Powerful rebounds in beaten-down banking and technology stocks powered the share market to its second-largest gain of the year as interest rate worries temporarily subsided. The S&P/ASX 200 surged 127 points or 1.94 per cent to its h...

The share market clawed back a fraction of this month’s heavy losses, rising for the first week in three as some of this year’s worst-performing sectors rebounded. The S&P/ASX 200 climbed 50 points or 0.77 per cent this afternoon. Th...

The share market extended its advance for the week as gains in tech and defensive sectors outweighed declines in energy and financials. The S&P/ASX 200 swung to a gain of 30 points or 0.46 per cent by mid-session. The rally kept the...

Today has brought yet another punch for S&P/ASX 200 Index (ASX: XJO) shares, and these quality stocks haven’t been immune to the market’s pain. The ASX 200 is down 0.08% right now, leaving it 9.5% lower than it was at the end of May....

This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated. This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated. In calm markets, the v...

The Megaport Ltd (ASX: MP1) share price has sunk another 2.17% on Wednesday. At the time of writing, it’s sitting at $4.96 on no news. This brings Megaport’s losses to 33% for the month, or 74% this year to date. In wider market moves,...

ShareCafeLunch Report: 21 June, 2022 by Melissa Darmawan   The Australian sharemarket is set to snap a seven-day losing streak as investors were relieved that RBA governor Philip Lowe doesn’t see a local recession coming. At noon, the S&amp...

ShareCafeNavigating the Recent Volatility in the Australian Sharemarket Since the start of 2022 we have seen an acceleration in inflation all around the world. The US reported 8.6% last week, the UK reported 9.0% last month and in Australia...

A relief rally powered the share market towards its first rise in five sessions after Wall Street welcomed the biggest US interest rate rise in 28 years. A 71-point opening advance on the S&P/ASX 200 more than halved to 31 points or...

Highlights Extending yesterday’s losses, ASX 200 closed 1.27% lower at 6,601.00 points today. Investors are wary of interest rate hike fears as the Federal Reserve will likely announce a 0.75% percentage point rate hike today. Asian m...

The Megaport Ltd (ASX: MP1) share price had a horror day on the market today. The tech company’s shares plunged 11% to finish trading at $5.22 on Wednesday. So why did Megaport shares tumble today? Megaport share price falls Megaport s...

The ASX exchange-traded fund (ETF) sector is dominated by a handful of providers. The use and popularity of ETFs have exploded in recent years. But even so, most investors just stick with one of several providers. These providers are offer...

The share market’s losing run extended to a fourth session and a fresh 16-month closing low amid risk aversion ahead of tonight’s US interest rate decision. The S&P/ASX 200 finished near its lowest point of the day, down 85 points or...

Aussie shares fell for a fourth session after the Reserve Bank warned inflation could near 7 per cent this year, prompting a series of aggressive interest rate rises. The S&P/ASX 200 declined 25 points or 0.37 per cent by mid-session...

Highlights Australian equity markets extended Tuesday’s losses amid worries over aggressive rate hikes Investors remain cautious as the US Federal Reserve is likely to announce a rate hike of a 75-basis point early morning tomorrow On...

Nordic Nickel announces its new substantial shareholders following its June 2 debut Sigma Healthcare defies ASX health stocks to keep rising and attract new substantial shareholders Hard-hit e-commerce and health stocks among those to lose...

The share market plunged more than 4.7 per cent to a 16-month low as recession fears rattled financial markets. A holiday-shortened week got off to a sobering start as the S&P/ASX 200 played catch-up with two days of heavy selling on...

The year 2022 has been brutal on ASX technology shares. The S&P/ASX All Technology Index (ASX: XTX) has declined by around 35% so far this year, and there is no relief in sight. But long-term investors will already know the tide will t...

Highlights The Australian share market ended with losses on Thursday. The All-Ordinaries index fell 1.45%. However, there were shares which managed to buck the broader trend. The Australian share market traded on a w...

Highlights Australian equity market declined today as ASX 200 closed 1.42% lower at 7,019.70 points. Except for energy sector, all other ten sectors closed in red in today's trading session. The S&P/ASX 200 Energy Sector Index (XE...

Are you interested in adding some more ASX shares to your portfolio in June? Three ASX shares that could be worth considering this month are listed below. Here’s what you need to know about them: Altium Limited (ASX: ALU) The first ASX sha...

Australian shares suffered their heaviest loss in more than three weeks after the Reserve Bank raised its benchmark rate by 50 basis points to 0.85 per cent. The dollar jumped and shares slumped when news of the bumper hike was released....

The Megaport Ltd (ASX: MP1) share price has come under pressure on Tuesday. So much so, this afternoon the network as a service company’s shares have dropped over 5% to a multi-year low of $5.96. This means the Megaport share price is now...

Shares fell for a second day as downbeat economic data underlined cost of living pressures ahead of an expected rate rise this afternoon.   A broad sell-off drove the S&P/ASX 200 down 63 points or 0.88 per cent by mid-session. All...

ASX 200 dips 0.50% Energy stocks lead, while Tech lag The RBA is set to have the board meeting on Tuesday Local shares dipped today, down by 0.50% ahead of tomorrow’s RBA board meeting. The Melbourne Institute (MI) has this morning reveal...

The Megaport Ltd (ASX: MP1) share price has struggled in the past month, but could it go higher? Megaport shares are currently trading at $6.31, a 3.37% fall. For perspective, the S&P/ASX 200 Index (ASX: XJO) is 0.34% in the red today...

World Overnight SPI Overnight 7245.00 + 77.00 1.07% S&P ASX 200 7175.90 – 58.10 – 0.80% S&P500 4176.82 + 75.59 1.84% Nasdaq Comp 12316.90 + 322.44 2.69% DJIA 33248.28 + 435.05 1.33% S&P500 VIX 24.72 – 0.97 – 3.78%...

Highlights At market close, Australian shares dropped 0.8%, or 58.1 points, to 7175.9. Tech stocks dragged the benchmark index lower, followed by healthcare. Australia’s April trade surplus came in higher than expected. Daily mark...

The share market dropped 0.8 per cent following pressure on US stocks as the threat of significantly higher interest rates dampened buying interest.   The S&P/ASX 200 declined 58 points to 7165. Tech stocks led a sell-off in sectors...

ASX closes 0.8% lower BHP-Woodside merged company, Woodside Energy makes its ASX trading debut today OPEC meeting ahead    The ASX 200 dropped right from the opening bell, and finished the day lower by 0.80% to 7,175. All 11 sectors fell...

If you’re a fan of tech shares, then you may want to look closely at the two listed below. Here’s why these could be tech shares to buy: Altium Limited (ASX: ALU) The first tech share for investors to look at is Altium. It is the electro...

ASX 200 is down 1%% today and 1.85% in May, the worst monthly return since January Australia’s current account misses forecast China’s lockdown easing sparks a mini rally in commodity stocks   Local blue chips finished 1.03% lower today,...

The share market declined for a second month despite a strong recovery in recent weeks as China started to reopen and inflationary pressures eased. The S&P/ASX 200 booked a 3 per cent loss for May after falling 75 points or 1.03 per...

Australian shares trimmed two days of strong gains as regional markets took a breather ahead of the resumption of US trade after the Memorial Day holiday. The S&P/ASX 200 eased 29 points or 0.4 per cent on the final morning of a vola...

ASX 200 was up 1.3% today, led by Tech which jumped 4% A2M rose 10% after Bubs got  export deal with the US AGL Energy cancels coal demerger plan   A surge in Tech stocks led the ASX to a 1.3% higher close today, following a strong rally...