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Kraken Robotics Shares Climb as Record Orders and Covelya Deal Lift 2026 Outlook

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Kraken Robotics Shares Climb as Record Orders and Covelya Deal

Shares of Kraken Robotics Inc. advanced more than 9% in early European trading Monday, reflecting continued investor focus on the company’s expanded scale and strong order momentum following its largest acquisition to date. The stock traded near 3.85 euros on the Frankfurt exchange under the ticker 2KQ.

Kraken, a Canadian provider of underwater robotics, synthetic aperture sonar, subsea batteries and related marine technologies, closed its acquisition of Covelya Group Limited on July 2 for approximately 615 million Canadian dollars. The deal brought together Sonardyne, EIVA, Forcys, Voyis and Chelsea Technologies, creating a broader portfolio of mission-critical subsea intelligence solutions spanning sonar, navigation, positioning, imaging, power systems and data analytics.

Management promptly updated its 2026 financial guidance to reflect the transaction’s contribution. Consolidated revenue is now expected in the range of 290 million to 320 million Canadian dollars, nearly double the prior standalone outlook of 165 million to 175 million dollars. Adjusted EBITDA guidance was raised to 65 million to 75 million dollars. Revenue is anticipated to be weighted toward the second half of the year as integration progresses.

On July 20 the company announced an additional 35 million dollars in new product orders from customers in maritime defense, offshore energy and ocean science. The awards covered navigation and positioning systems, multi-aperture sonar, monitoring systems from the Covelya businesses, and synthetic aperture sonar systems from Kraken. Combined with earlier bookings, total announced product orders for Kraken and Covelya on a combined basis reached approximately 327 million dollars year-to-date in 2026.

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“Our product portfolio forms the backbone of a wide range of platforms used across both defence and commercial applications and we expect it to represent over 75% of consolidated revenue in 2026,” Chief Executive Officer Greg Reid said in the July 20 statement. The products are integrated or being integrated across more than 30 autonomous underwater vehicle platforms worldwide, as well as crewed vessels, uncrewed surface vessels and remotely operated vehicles.

Demand has been particularly strong for Kraken’s SeaPower subsea batteries, which offer higher energy density and lower weight compared with traditional systems, enabling longer-endurance missions for unmanned underwater vehicles. Synthetic aperture sonar systems used for high-resolution seabed imaging, mine countermeasures and critical infrastructure inspection have also contributed significantly. Covelya’s navigation, positioning and advanced sonar technologies have added complementary strength in defense and commercial markets.

The combined group now operates with a larger global footprint and deeper relationships in the fast-growing defense and maritime surveillance sectors. Management has identified approximately 10 million dollars in cost synergies expected within 24 months. Leadership changes accompanied the closing, including the appointment of Bernard Mills as president and the addition of former Covelya executives to key roles.

Kraken reported first-quarter 2026 results in late May showing revenue of 21.7 million dollars, up 35% year over year, with product revenue rising 50% on battery and sonar demand. At that time the company reiterated its then-standalone guidance and noted strengthening order intake ahead of the Covelya close. Second-quarter results, which will begin to reflect the enlarged business, are scheduled for late August.

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The company has expanded manufacturing capacity, including a new 60,000-square-foot battery facility in Nova Scotia, to support anticipated growth in unmanned underwater vehicle power systems. Dual-use technologies serving both defense and commercial customers position Kraken to benefit from rising global investment in autonomous maritime systems, mine warfare modernization and offshore energy infrastructure protection.

Despite the operational progress, the share price has experienced volatility since the acquisition announcement and closing. The stock remains well below its March peak even after the recent advance. Investors are monitoring integration execution, margin performance and the conversion of the substantial order backlog into recognized revenue. The company has indicated plans to apply for a listing on the Toronto Stock Exchange, subject to meeting applicable requirements.

Market participants are also watching broader trends in underwater autonomy and defense spending. Programs focused on mine countermeasures, critical underwater infrastructure protection and large autonomous underwater vehicles continue to generate procurement activity across North America, Europe, the Middle East and the Asia-Pacific region. Kraken’s platform-agnostic approach and expanded technology suite are intended to capture a larger share of these opportunities.

With a record order book, updated growth targets and the Covelya integration underway, Kraken enters the second half of 2026 with greater scale and visibility than at any prior point in its history as a public company. The upcoming second-quarter report will provide the first formal look at combined operations and will be closely examined for evidence that the enlarged product portfolio and customer base are translating into sustained financial performance.

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Ameresco, Inc. 2026 Q2 – Results – Earnings Call Presentation

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

Ameresco, Inc. 2026 Q2 – Results – Earnings Call Presentation

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Infinity Metals hit with regulatory hurdle

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Infinity to consider options for Spanish project

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Trump blasts Big Oil: ‘Give some of that back’

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Trump admin strikes deal to scrap Biden wind projects for oil push

President Donald Trump lashed out at the U.S. oil industry on Monday, arguing that the country’s largest companies should give some of their sharply higher profits to the American public.

“I don’t like it,” Trump told reporters in the Oval Office when asked about the huge earnings reported by ExxonMobil and Chevron last week during the war with Iran.

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“They’re making too much money, okay, based on a shortage,” he continued. 

“I don’t like it, and I should be the last one to say it because I’m a big free enterprise guy,” he said before adding: “Nobody bigger.” 

ExxonMobil had reported earning $14.5 billion in the second quarter of 2026 — double what it made during the same period last year.

FORGET GASOLINE: THIS OVERLOOKED FUEL COULD RAISE THE PRICE OF NEARLY EVERYTHING YOU BUY

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Oil tanker in Strait of Hormuz

Oil tanker at a port in the Strait of Hormuz. (Giuseppe Cacace/AFP via Getty Images / Getty Images)

Chevron pulled in $12 billion, posting its highest quarterly earnings in at least six years, according to Reuters.

“Chevron, too much money. ExxonMobil, too much. Too much money,” Trump continued.

“When you look at one company where they made 12 times what they made the year before, they ought to give some of that back to the public, and they better cut the retail price, the consumer price,” Trump added.

“I’ll say it loud and clear. I’m not happy about it,” Trump said before stating that gasoline prices would “drop through the floor” when the war with Iran ended.

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AAA NATIONAL GAS PRICE TOPS $4 AMID RENEWED US STRIKES ON IRAN

A view of a Chevron gas station.

Chevron pulled in $12 billion, posting its highest quarterly earnings in at least six years, according to Reuters. (Brandon Bell/Getty Images / Getty Images)

The two sets of earnings came as the Iran war pushed oil prices above $100 a barrel at times.

Oil prices fell again Monday as signs emerged that U.S.-Iran tensions were easing, Reuters reported.

“The sharp drop in oil prices, due to Trump’s cancellation of severe attacks against Iran and hopes of a diplomatic resolution, set the ball rolling this morning,” Peter Cardillo, chief market economist at Spartan Capital Securities in New York, told Reuters.

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Earlier Monday, Trump also criticized Chevron CEO Mike Wirth for not crediting Washington’s efforts to help the oil industry.

WHITE HOUSE, GAS STATIONS POINT FINGERS OVER STUBBORN PRICES WHILE LOCATIONS THAT SLASHED PRICES SEE BOOM

ExxonMobil sign

ExxonMobil had reported earning $14.5 billion in the second quarter of 2026 — double what it made during the same period last year. (Sheldon Cooper/SOPA Images/LightRocket via Getty Images / Getty Images)

The comments came after Wirth’s appearance on “Sunday Morning Futures with Maria Bartiromo.”

“The only thing he conveniently forgot to mention is that, without the genius, foresight, strength, and stability of the TRUMP Administration, the Oil Industry, and our Country itself, would be DEAD!” Trump said in a post on Truth Social.

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“As an example, they threw Mike and Chevron out of Venezuela, but now they’re back, far bigger and stronger than ever before, expecting to make a fortune!” he added.

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HOA financial strain fuels increase in homeowner foreclosures: report

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HOA financial strain fuels increase in homeowner foreclosures: report

Homeowners associations (HOAs) across the nation are reportedly taking a tougher stance on unpaid dues, pursuing foreclosure against more homeowners as communities grapple with mounting financial pressures.

Real estate experts say the aggressive collection efforts are being driven by rising operating costs, shrinking reserve funds and concerns that unpaid assessments could leave associations unable to cover essential expenses. 

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According to real estate analytics firm ATTOM, HOA-related foreclosures jumped nearly 40% compared with two years earlier, The Wall Street Journal reported. The report also found HOA foreclosures are rising faster than overall mortgage foreclosure rates.

“HOAs are being forced into more aggressive collections to avoid their own financial collapse,” Brian Fox, co-founder of real estate technology firm Benutech, which tracks HOA delinquency trends and foreclosures, told WSJ.

AVERAGE MONTHLY MORTGAGE PAYMENT HITS NEW HIGH, TOPPING $2K FOR FIRST TIME EVER

Aerial image of Victorian houses in Pittsburgh.

An aerial view of large Victorian houses in Friendship, a neighborhood in the East End of Pittsburgh, Pennsylvania, on a sunny morning in the fall. (Getty Images / Getty Images)

HOAs typically rely on monthly or annual dues from residents to fund maintenance, repairs, insurance, landscaping and other community services. But as some homeowners struggle with higher living costs and mounting expenses, more associations are facing a rise in delinquent accounts. 

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Rather than offering extended grace periods, some associations are moving delinquent accounts to attorneys more quickly or filing liens against homeowners who fall behind on assessments. 

The crackdown is affecting communities ranging from suburban condominium complexes to luxury neighborhoods, according to the report. 

CALIFORNIA BUILT MORE HOMES THAN PEOPLE OVER SIX YEARS – SO WHY IS HOUSING STILL SO TIGHT?

Foreclosure sign

Some Georgia residents are speaking out after facing the wrath of their local homeowner associations (HOA), with some people having their homes foreclosed on them. (Getty Images / Getty Images)

Benutech Data Insights found that homeowner associations have filed a sharp increase in liens, which are legal claims placed on a property when a homeowner falls behind on assessments, fees or fines. In many states, unpaid liens can eventually lead to foreclosure.

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In 2025, HOAs reportedly filed 284,933 liens against homeowners, roughly one every 90 seconds. That figure represents an 8.6% increase from 2024, according to property records compiled by Benutech Data Insights. 

Financial strain has also intensified within homeowner associations themselves. 

A late-2025 report by Reserve Study found that nearly three-quarters of association-governed communities are underfunded. Specifically, 74% of associations were less than 70% funded, meaning they may not have sufficient reserve savings to pay for expected repairs and capital projects. 

At the same time, HOAs have been hit with rising costs for staffing, landscaping, maintenance and building materials. 

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Residential homes in suburban sprawl development in North Port, Florida. Low-density private houses in rural suburbs. Housing market in the USA.

Residential homes in suburban sprawl development in North Port, Florida. Low-density private houses in rural suburbs. Housing market in the USA.  (Bilanol / Getty Images)

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Insurance has become one of the biggest cost drivers. 

According to the Foundation for Community Association Research, 93% of surveyed associations reported increases in property and casualty insurance premiums. 

More than half those premiums rose between 11% and 25%, while about 10% reported increases exceeding 100%, adding further pressure on HOA budgets and increasing the need to collect assessments from homeowners on time.

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ASX 200 Jumps 1.03% to 9,111.9, Nearing Record High as Wall Street Rally Lifts Australian Shares Tuesday

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Australia Housing Market 2026: Two-Speed Boom Persists as Prices Hit

SYDNEY — Australian shares surged Tuesday morning, with the S&P/ASX 200 climbing 92.6 points, or 1.03%, to 9,111.9 by 11:39 a.m. AEST, putting the benchmark index within striking distance of the all-time high it set earlier this year.

The rally extended gains from Monday’s session, when the index rose 0.5% to close at 9,019.30 points, and builds on what was already the market’s strongest monthly performance in five months during July. Tuesday’s advance was broad-based, tracking a powerful overnight session on Wall Street and a retreat in oil prices that lifted sentiment across nearly every corner of the local market.

Wall Street sets the tone

The move higher followed a strong close in the United States, where the S&P 500 gained 1.48% to finish within 0.1% of its record high, the Nasdaq Composite jumped 2.13% on broad strength across megacap technology and semiconductor stocks, and the Dow Jones Industrial Average rose 1.32% to close at a record level.

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Amazon shares climbed more than 4.5%, pushing the company’s market capitalization above $3 trillion for the first time, as investors responded to strong cloud growth. SpaceX also rallied ahead of its first quarterly results since listing, while Apple slipped as some investors continued trimming exposure to the tech giant.

Communication services was the strongest performer among the S&P 500’s 11 major sectors overnight, climbing 4.3% on the back of gains in Meta Platforms and Alphabet. Energy was the lone laggard, falling 1.2% as crude prices tumbled.

Oil slide and Iran diplomacy in focus

Much of the optimism flowing into Tuesday’s session traced back to easing tensions between the United States and Iran. Brent crude slid nearly 8% to $83.76 a barrel after President Donald Trump said he had called off what he described as the biggest planned military action against Iran since World War II. Trump has also said Iran and other Middle Eastern nations had asked for more time to finalize a deal aimed at fully reopening the Strait of Hormuz, one of the world’s most critical oil shipping routes.

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Signals on the diplomatic front remained mixed Tuesday, with Trump indicating renewed talks were underway while Iranian officials said none were currently planned. Still, the broader direction — falling oil prices and reduced geopolitical risk premium — has been enough to keep buyers engaged in equity markets across the past several sessions.

Falling oil also weighed on the U.S. dollar, which in turn helped support gold. Bullion futures edged higher to around $4,107.30 an ounce, keeping Australian gold miners in focus. Genesis Minerals and Capricorn Metals were among the local names investors were watching closely as the sector continued to benefit from the combination of a softer dollar and lower energy costs.

Banks, healthcare and miners lead gains

Banking and healthcare stocks led Monday’s advance and appeared to be extending that leadership into Tuesday’s session, according to market commentary, as investors rotated back into sectors that had lagged during earlier bouts of Middle East-driven volatility. Mining stocks also found support from the broader risk-on mood and firmer commodity prices tied to the weaker U.S. dollar.

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Energy stocks were something of an exception. While the sector had been a major beneficiary of the Iran conflict earlier this year, the sharp pullback in crude prices has begun to weigh on producers, a dynamic that played out repeatedly through past de-escalation episodes in 2026.

A different story in Asia

The rally in Australian equities stood in contrast to steep losses elsewhere in the region. South Korea’s Kospi index tumbled more than 5% to 6,257.45, dragged lower by the country’s two heavyweight chipmakers, SK Hynix and Samsung Electronics, which fell 8.79% and 8.76% respectively. Japanese equities also gave back gains from the prior week.

The selloff in Korean chip stocks tracked a mixed session for U.S. semiconductor names, with Micron falling more than 5% and AMD and Qualcomm also lower. Even so, Morgan Stanley upgraded Korean equities to “overweight” from “neutral,” setting a Kospi target of roughly 9,000, implying about 36% upside, and pointing to industrials, defense and financials as preferred sectors going forward.

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Separately, Goldman Sachs refreshed its August U.S. Conviction List, swapping out four names for six new additions, a move the bank framed as a bet on a broadening equity market rally beyond the small group of megacap technology stocks that have driven much of this year’s gains.

Earnings season looms

Attention in Australia is increasingly turning to the domestic corporate reporting season, which ramps up in the coming weeks. Credit Corp Group was due to release its full-year results Tuesday, with the debt collector guiding toward gross lending of $420 million to $430 million for the 2026 financial year — growth of about 15% at the midpoint — underpinning an expected net profit after tax of $100 million to $110 million, up from $94 million a year earlier.

Other companies expected to report in the near term include AMP, Nick Scali, James Hardie and REA Group, results that investors will scrutinize for signs of how corporate Australia is weathering a stretch marked by geopolitical volatility tied to the five-month conflict involving Iran.

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Locally, July factory activity data was revised higher, supported by easing inflation pressures, while in China — Australia’s largest trading partner — policymakers have pledged to maintain monetary support through the second half of 2026, vowing to keep liquidity ample and adjust policy tools as needed.

Outlook

Historically, August has been a modestly positive month for Australian equities, with the index averaging a gain of just under 1% and finishing higher in roughly seven of every ten years since 2001. Analysts caution, however, that reporting season typically brings a pickup in volatility, and this year’s backdrop — an unresolved Iran conflict, a still-cautious Reserve Bank of Australia, and cross-currents from Wall Street and Asia — leaves plenty of room for the index to swing in either direction as the month progresses.

For now, the S&P/ASX 200 remains just below its record closing levels, with Tuesday’s move putting the benchmark firmly back in sight of the highs it touched earlier this year.

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Barbeques Galore's IP, brands acquired

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Barbeques Galore's IP, brands acquired

Barbeques Galore’s intellectual property, portfolio of brands and inventory has been acquired after the receivers closed the last of the 67 company-owned stores.

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Engineering demand flies on gold plant squeeze

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Engineering demand flies on gold plant squeeze

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Infinity to consider options for Spanish project

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Infinity to consider options for Spanish project

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Megaport Shares Surge 6.58% to $19.12 as ASX Tech Stocks Rally on Strong Wall Street Overnight Gains

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Megaport Shares Surge 6.58% to $19.12 as ASX Tech Stocks

SYDNEY — Shares in Megaport Ltd jumped 6.58% Tuesday, adding $1.18 to trade at $19.12, as the Brisbane-based network infrastructure provider rode a broader rally across Australian technology stocks fueled by a strong overnight session on Wall Street.

The move puts Megaport among the standout performers on the ASX 200 Tuesday, extending a run that has seen the stock climb sharply over recent months as the company repositions itself as a player in artificial intelligence infrastructure. The gain came as the ASX Information Technology sector broadly outperformed, tracking gains offshore after the Nasdaq Composite rose 2.13% overnight on the back of broad strength across megacap technology and semiconductor names.

A dramatic run higher

Tuesday’s advance is the latest chapter in what has been an extraordinary run for Megaport shares. The stock, which trades on the ASX under the ticker MP1, has a 52-week trading range spanning from roughly $6 to a high of $22.22, reflecting just how volatile the past year has been for the company. Shares have surged well over 100% over the past three months alone, according to market data, as investors reassessed the company’s role in AI and cloud connectivity following a series of major contract wins and a large capital raise.

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Megaport, founded in 2013 and headquartered in Fortitude Valley, operates a software-defined network platform that allows businesses to connect to cloud service providers such as Amazon Web Services, as well as to data centers, internet exchanges and compute capacity around the world. The company says its platform now reaches more than 1,000 enabled data center locations across more than 160 cities in 26 countries, giving it access to roughly 10% of the world’s public data centers.

The AI pivot behind the rally

Much of the recent momentum in Megaport shares traces back to the company’s push into artificial intelligence infrastructure through its subsidiary Latitude.sh. In May, Latitude.sh secured three binding contracts with two U.S.-based AI technology companies for GPU, CPU, network and storage services, with a combined contract value of roughly $254 million and annualized recurring revenue of about $90.6 million.

That was followed in June by an even larger announcement: four new AI infrastructure contracts worth a combined $458.9 million in total contract value, alongside the launch of an on-demand GPU Pool aimed at meeting enterprise demand for AI compute. To fund the buildout — which requires an estimated $369.5 million in capital expenditure, largely for Nvidia GPUs, networking gear and storage infrastructure — Megaport launched a fully underwritten entitlement offer to raise $827.3 million, priced at $14.30 per new share.

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The scale of the pivot has reshaped the company’s revenue base. On a pro forma basis, Megaport’s Compute division annual recurring revenue has climbed to roughly $385.2 million, now making up the majority of total group annual recurring revenue of about $662.9 million. Network annual recurring revenue, the company’s more established business, rose 25% year-on-year to $277.7 million, with net revenue retention running at 113%.

Reaffirmed guidance, eyes on August results

Megaport has reaffirmed its full-year 2026 revenue and earnings guidance for the combined group following the contract announcements, with revenue guidance tightened to a range of $307 million to $315 million. Group capital expenditure guidance of $90 million to $100 million remains unchanged, excluding the new AI customer contracts, though the company has cautioned that capex could rise by as much as $140.3 million depending on how quickly hardware for the new deals is delivered.

The company is scheduled to report its full-year results in August, an update investors are watching closely for a detailed breakdown of how the network and compute divisions are performing separately, and for confirmation of how quickly the newly signed AI contracts are converting into recurring revenue.

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Mixed signals from analysts

Despite the sharp rally in the share price, sentiment among analysts covering the stock has been mixed. Canaccord Genuity holds a Buy rating on Megaport with a price target of $15.85, a level that was set relative to a late-May closing price and implies limited upside from current trading levels. Other consensus estimates have shown analyst price targets moving higher over recent months as growth expectations improve, even as some fair-value models have flagged that the stock’s rapid appreciation has outpaced underlying earnings forecasts.

Megaport remains unprofitable on a trailing basis, with earnings per share in negative territory, and the stock’s price-to-earnings ratio sits at an elevated level typical of high-growth technology names still investing heavily in infrastructure buildout. The company does not currently pay a dividend.

Part of a broader tech rally

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Tuesday’s gain in Megaport shares came against the backdrop of a broader rally across Australian equities, with the S&P/ASX 200 climbing more than 1% in morning trade as Wall Street’s overnight strength flowed through to local markets. Communication services and technology stocks led gains in the U.S. session, with Meta Platforms and Alphabet among the standout performers, while Amazon’s market capitalization pushed above $3 trillion for the first time on strong cloud growth — a data point directly relevant to companies like Megaport that sit at the center of cloud and AI infrastructure buildouts.

Analysts have cautioned that daily share price swings, particularly in a stock as volatile as Megaport, should not automatically be read as a signal of changes in the underlying business. Equity prices can move on shifts in investor sentiment, sector-wide rotations and broader macroeconomic developments even when there is no company-specific news on a given day.

What comes next

With Megaport’s full-year results due in August, investors are likely to keep a close eye on the stock in the coming weeks for further volatility. Key metrics likely to draw scrutiny include the pace of AI contract conversion into recurring revenue, progress on the GPU Pool rollout, capital expenditure trends tied to hardware delivery timelines, and whether the company’s traditional network business can continue growing alongside its rapidly expanding compute division.

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For now, Tuesday’s 6.58% gain adds to a share price recovery that has transformed Megaport from a laggard trading in single digits earlier in the year to one of the more closely watched momentum stories on the ASX technology board.

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Spectrum Down? Thousands of Users Report Widespread Internet and TV Outages Across the US Monday Night

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Deezer

NEW YORK — Thousands of Spectrum customers across the United States began reporting internet, television and mobile service disruptions Monday night, according to outage-tracking service Downdetector, which said user reports started climbing sharply at 8:13 p.m. EDT.

Downdetector, which aggregates self-reported outage data from users rather than official company statistics, flagged the spike on its social media account and pointed customers to its website for real-time updates. As of the report, thousands of users had logged issues, with the hashtag #SpectrumDown quickly gaining traction online as affected customers shared their experiences.

What we know so far

Spectrum, the retail brand used by Charter Communications for its internet, cable television and phone services, is the second-largest cable operator in the United States, serving more than 26 million customers across roughly 41 states. Because of its size, outages affecting Spectrum’s network tend to generate a large volume of user reports in a short period, particularly during evening hours when internet and streaming usage typically peaks.

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Downdetector’s outage figures are based on user-submitted reports and social media chatter rather than confirmed data from the company itself, meaning the true scope of an incident can sometimes be larger or smaller than what shows up on the platform. The service tracks problem categories such as total blackouts, slow performance, sign-in failures and app malfunctions, and determines an “outage” when reports exceed a normal baseline for that time of day.

As of this report, Charter Communications had not issued a detailed public statement identifying the cause or scope of Monday night’s disruption. The company has historically acknowledged major outages through its customer support account on X, formerly Twitter, once issues are confirmed internally, though response times can vary depending on the scale of the problem.

A pattern of past disruptions

Monday’s reports are not the first time Spectrum has faced significant service interruptions. The company has dealt with a range of outage causes in recent years, from severe weather events to physical infrastructure damage. In one notable case, Charter confirmed that a major outage affecting the Los Angeles area was caused by a criminal act of vandalism, after fiber optic lines were deliberately cut in the Van Nuys area. That incident affected tens of thousands of customers across Los Angeles, Orange County and Ventura County, prompting the company to offer a reward for information leading to an arrest and to work directly with local police.

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Other outages have stemmed from more routine causes, including localized power failures, network equipment issues and severe weather, particularly during hurricane season in states along the Gulf Coast and East Coast where Charter has a significant customer base. Cable and fiber networks remain vulnerable to physical damage from storms, construction accidents and, in some cases, deliberate sabotage, all of which can result in outages affecting anywhere from a single neighborhood to entire metropolitan areas.

What affected customers can do

Customers experiencing service issues are typically advised to first rule out equipment problems on their end before assuming a broader network outage is to blame. Standard troubleshooting steps include power-cycling modems and routers, checking cable connections, and confirming that outages aren’t isolated to a single device or app rather than the underlying internet connection itself.

Spectrum maintains an official outage-checking tool through its website and mobile app, which allows customers to look up service status by address. During major outages, that tool is often the fastest way for a household to confirm whether a problem is isolated to their home or part of a wider network issue, since call center wait times can lengthen significantly during large-scale disruptions.

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Customers who experience extended outages are generally entitled to service credits under Charter’s policies, though the company typically requires customers to report the outage and reference the date and duration when requesting compensation. Multi-hour outages, in particular, are more likely to qualify for prorated billing adjustments than brief interruptions lasting only a few minutes.

Why outages spread quickly online

Downdetector has become one of the most widely used tools for tracking real-time service disruptions since its launch in 2012, now monitoring more than 12,000 services across 45 countries. Owned by network intelligence company Ookla, the platform relies on a combination of user-submitted reports, page traffic and social media signal to estimate when a company’s service is experiencing broader-than-normal problems.

Because the tool surfaces data immediately and prominently on social media, reports of major outages — including Monday night’s Spectrum disruption — tend to spread quickly, often before the company involved has confirmed the scope of the issue or its underlying cause. That dynamic has made services like Downdetector a go-to first stop for consumers trying to determine whether a problem is isolated to their own equipment or part of a broader network failure.

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What happens next

Widespread outages involving major internet and cable providers typically resolve within a few hours in cases involving software or configuration issues, though outages tied to physical infrastructure damage — such as cut fiber lines or storm-related damage to cable networks — can take considerably longer to fully restore, sometimes stretching into the following day.

Charter Communications has not yet provided a timeline for full restoration of services affected by Monday night’s reported outage. Customers seeking updates are encouraged to check Spectrum’s official outage tool or its customer support channels for the latest information, as details are expected to become clearer as the company investigates the cause of the disruption.

This is a developing story, and further updates are expected as more information becomes available from Charter Communications and additional user reports are logged through outage-tracking services.

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