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Megaport Ltd (ASX:MP1) is a cloud management company connecting data centres, corporate customers and service providers. The company was founded by industry veteran Bevan Slattery in 2013.
The Megaport Ltd (ASX: MP1) share price is down 7% even though the ASX tech share upgraded its FY24 EBITDA guidance. Megaport is a tech company that
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished up +1.06% to 7,680.70.
The benchmark S&P/ASX 200 (INDEXASX: XJO) index added 21.8 points, or 0.3 per cent, to 7600.2 at the closing bell, with seven out of the 11 sectors finishing in the green. The All Ordinaries (INDEXASX: XAO) edged up 0.3 per cent.
The Megaport Ltd (ASX:MP1) share price has jumped 26% after its strong December update with a big profit jump.
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished up +0.21% to 6826.90.
The benchmark S&P/ASX200 (INDEXASX: XJO) index share price on Thursday retreated 42 points, or 0.6%, to 6,812.3, its lowest close since October 28, 2022.
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished down -0.61% to 6812.30.
The local share market posted another strong day, adding 0.7%, as news of the Federal Reserve potentially pausing rate hikes boosted the property and technology sectors, up 3.3% and 2.2%, respectively.
ASX tech shares often have the potential to deliver great returns because of their strong margins and cheap operating costs.
