Articles On Megaport (ASX:MP1)

Here’s your guide to ASX reporting season this February 2022. We’ve put together an ASX reporting season calendar, showing when you can expect companies to release their results. Make sure to bookmark this page because we’ll be adding links...

World Overnight SPI Overnight 6810.00 + 101.00 1.51% S&P ASX 200 6838.30 – 123.30 – 1.77% S&P500 4326.51 – 23.42 – 0.54% Nasdaq Comp 13352.78 – 189.34 – 1.40% DJIA 34160.78 – 7.31 – 0.02% S&P500 VIX 30.49 – 1.47 –...

Highlights Australian shares plunged into a correction today, with the benchmark index dropping 123.3 points to 6838.3. The ASX 200 is down over 10% from its August highs. Fed Chair Jerome Powell has signaled a March lift-off for inte...

Key points Buy now, pay later shares took a beating on the ASX today The Zip share price fell 9.66%, while Block sunk 5.35% The All Technology Index also descended overall Buy now, pay later (BNPL) shares had a shocking day on the ma...

The ASX is all wrong on Thursday. The benchmark index fell almost 3% by lunch. It entered official, technical correction territory at about 1pm Sydney time, making it 11% worth of all wrong since its August highs, those many years ago. Tech...

The share market fell into a correction, declining for a fourth session as global markets continued to adjust to the prospect of higher borrowing costs and the withdrawal of central bank stimulus. The S&P/ASX 200 dipped below 6800 fo...

A fleeting opening recovery gave way to further selling as the share market’s torrid start to 2022 continued. The S&P/ASX 200 rallied more than 1 per cent in early action before the rot set in. By mid-session the index had fallen 162...

There are a lot of growth shares for investors to choose from on the Australian share market. To narrow things down, below are two ASX growth shares that are highly rated right now. Here’s what you need to know about them: Audinate Group L...

Key points The S&P/ASX All Technology Index (ASX: XTX) dropped 2.86% today Brainchip, Appen, Block, Altium, Megaport, Technology One and NextDC all plummeted US Nasdaq technology shares fell in morning trade yesterday before staging...

World Overnight SPI Overnight 6960.00 – 92.00 – 1.30% S&P ASX 200 7139.50 – 36.30 – 0.51% S&P500 4410.13 + 12.19 0.28% Nasdaq Comp 13855.13 + 86.21 0.63% DJIA 34364.50 + 99.13 0.29% S&P500 VIX 29.90 + 1.05 3.64%...

Today, the S&P/ASX 200 Index (ASX: XJO) was awash with more red, replicating the disappointing end to the week on Wall Street Friday night. At the end of trade, the benchmark index was 0.51% worse for wear at 7,139.5 points. Tech shar...

The share market slumped to an eight-month low before paring its losses as rising US futures sharpened hopes of a relief rally following several weeks of down-pressure on global equities. The S&P/ASX 200 whittled an opening loss of 8...

Despite a share price savaging upon the release of second quarter results, brokers are generally upbeat on Megaport’s outlook. -Brokers remain positive on Megaport-Reasons for the share price fall-Morningstar identifies key metrics to focus...

Highlights: Expensive shares like the Pro Medicus share price have crashed in 2022 due to interest rate fears But Morgans believes the >20% crash in Pro Medicus is a buying opportunity ahead of its results The broker upgraded its share...

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...

World Overnight SPI Overnight 7006.00 – 49.00 – 0.69% S&P ASX 200 7175.80 – 166.60 – 2.27% S&P500 4397.94 – 84.79 – 1.89% Nasdaq Comp 13768.92 – 385.10 – 2.72% DJIA 34265.37 – 450.02 – 1.30% S&P500 VIX 28.85 + 3.26...

Key points Megaport has been rated as a buy by Goldman Sachs It believes the company has a massive $129 billion market opportunity Goldman sees 35% upside for its shares in 2022 The Megaport Ltd (ASX: MP1) share price could be great val...

ShareCafeThe Week that Was – January 17-21, 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...

World Overnight SPI Overnight 7179.00 – 66.00 – 0.91% S&P ASX 200 7342.40 + 9.90 0.14% S&P500 4482.73 – 50.03 – 1.10% Nasdaq Comp 14154.02 – 186.23 – 1.30% DJIA 34715.39 – 313.26 – 0.89% S&P500 VIX 25.59 + 1.74 7.3...

Megaport Limited's (ASX:MP1) Q2 result was in line with our expectations for revenue while cash costs were ahead of our expectations.

“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...

World Overnight SPI Overnight 7235.00 + 10.00 0.14% S&P ASX 200 7332.50 – 76.30 – 1.03% S&P500 4532.76 – 44.35 – 0.97% Nasdaq Comp 14340.26 – 166.64 – 1.15% DJIA 35028.65 – 339.82 – 0.96% S&P500 VIX 23.85 + 1.06 4....

The S&P/ASX 200 (ASX: XJO) couldn’t overcome another negative lead from US stock markets on Wednesday, with bond rates and reporting season driving the market again. Only two of the ASX 200’s 11 sectors posted a positive result, with te...

ShareCafeMegaport Shares Hit on Sector Weakness, Soft Guidance Investors sold off Megaport shares yesterday amid more general weakness among the techs and what investors thought was a less than convincing update for the second quarter. The...

On 19th January 2022, the equity market of Australia ended in red. On the same day, ASX Midcap50 fell by 1.31% and ASX 200 was down by 1.03%. ASX All Ordinaries moved down by 1.02% to 7,656.60. On the same day, ASX 100 has encountered a fal...

Highlights The ASX 200 closed 1% lower today, thanks to a sell-off in US stocks overnight. Investors withdrew from risk assets; government bond yields scaled up. Asian stocks also traded in the red zone. The global cryptocurrency mar...

Key points ASX 200 tech shares had a tough day on Wednesday Technology shares followed a similar pattern as on US markets overnight Megaport had a particularly grim day, falling 16%. ASX technology shares finished in the red today af...

Today, the S&P/ASX 200 Index (ASX: XJO) couldn’t avoid the negativity created by rising treasury yields. At the end of the session, the benchmark index finished 1.03% lower at 7,332.5 points. Much like Wall Street overnight, it was te...

Things weren’t looking good ahead of the opening bell today, after a rough session for US stocks following another rise in bond yields overnight. And that bearish momentum flowed through to the ASX 200, which posted its second +1% fall in f...

A last hour selloff saw the ASX 200 closing lower by around 1% today. This followed a rocky session in New York overnight, where all major US stock market benchmarks fell sharply on the back of rising US bond yields. The benchmark 10-year T...

A risk-off down-shift on global markets pushed Australian shares to their weakest close of the year as spikes in energy prices and lending rates added to investor worries. The S&P/ASX 200 sank 76 points or 1.03 per cent to 7333. The...

The S&P/ASX 200 Index (ASX: XJO) is out of form on Wednesday and has dropped deep into the red. In afternoon trade, the benchmark index is down 0.7% to 7,354.5 points. Four ASX shares that are falling more than most today are listed be...

Data centre connectivity company Megaport (MP1) has reported growth across all operating metrics in its December quarterly report In the second quarter of the 2022 financial year, Megaport posted monthly recurring revenue growth (MRR), up...

The ASX fell to its lowest level since before Christmas as soaring lending rates and energy prices dragged down growth stocks. The S&P/ASX 200 hit 7336, its weakest since December 22, before halving its decline to 37 points or 0.5 pe...

Megaport Ltd (ASX: MP1) shares have fallen 12% in morning trade after providing a second-quarter business update. Today’s selling in the cloud infrastructure provider has been amplified by a broader tech sell-off on the NASDAQ 100 overnight...

BrainChip locks in its 8th patent for the Akida chip Pointerra nabs between $4.33-$6.60 million in US utilities contracts in Q2 XRG on track to kick off defence-based projects this quarter   BrainChip (ASX:BRN) The AI chip developer was u...

Highlights The ASX 200 fell 0.69% or 51.3 points to 7,356.9 in the first 15 minutes of trade. Benchmark US Treasury yields rallied to a two-year high on Tuesday. Wall Street's main indices tumbled on Tuesday due to weak results from G...

At lunch on Wednesday, the S&P/ASX 200 Index (ASX: XJO) is out of form and tumbling lower. The benchmark index is currently down 0.6% to 7,365.9 points. Here’s what is happening on the ASX 200 today: BHP’s Q2 update The BHP Group Ltd (...

Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

Key points Softening growth during the second quarter weighing on its shares Megaport shares also caught up in tech selloff Management positive on the future The Megaport Ltd (ASX: MP1) share price is under pressure on Wednesday mornin...

The tech sector has been having a tough couple of months. While this is disappointing, it may have created a few buying opportunities for long term focused investors. For example, the two buy-rated ASX tech shares listed below are trading...

Key points ASX 200 tech shares finished the day in the green on Monday Afterpay closed slightly in the red after recovering from a steep fall earlier in the day Technology shares followed the performance of the tech shares on US market...

Key Points BrainChip share price accelerates 100% since last month Positive announcements boost market confidence in the company valuation has doubled at $2.57 billion The BrainChip Holdings Ltd (ASX: BRN) share price is off to an incr...

ASX 200 tech shares are in the green today, following in the footsteps of their counterparts in the United States. The S&P/ASX All Technology Index (ASX: XTX) gained 1.66% today to 2,840.70 points at market close. This was 1% more tha...

The ASX 200 was down 0.25% today, with investors possibly worried about looming US interest-rate hikes and unfolding Omicron news. Of the winners, Woodside (ASX:WPL) was leading the energy pack, up 2.51%, with Rio Tinto (ASX:RIO) leading ma...

Shares in Megaport Ltd (ASX: MP1) have started the year poorly and are now down 4.95% for the week at the time of writing. The plunge extends a 13.82% downward wave that Megaport shares have ridden into over the last month, alongside wea...

A volatile start to the new year continued with the share market’s heaviest loss since 2020 after the threat of tighter monetary policy spooked Wall Street. The S&P/ASX 200 tumbled 207.5 points or 2.74 per cent. The decline surpassed...

The ASX 200 plummeted ~2.7% today, with a huge 6% selloff in the Tech sector weighing heavily on the index. All eleven sectors were in the red, following falls in Wall Street overnight that saw tech heavy Nasdaq slipping by 3.3%. Recent inv...

Tech stocks steered the share market lower for a second day following sharp falls on Wall Street ahead of higher rates this year. The S&P/ASX 200 retreated 98 points or 1.3 per cent by mid-session. The technology sector skidded to...

The past fortnight saw ~$62.79m in big director sales and a more modest ~$20.5m in buys but the biggest buy of the week came from a relatively new gold producer. Emerald Resources (ASX:EMR) director Ross Stanley bought just over $1 million...