Sectors: Technology
REA +0.28%: Released their quarterly update today followed by an investor call which had a relatively muted reaction from the market.
The US listed ad-tech business reported Q3 earnings post-close overnight that beat expectations (mildly), though it does look like the level of growth has slowed a touch.
Just after your thoughts post election on this one – will Temu be affected by Trump politics?
Hi guys
Hi James and Team
CBA has hit another all time high. At what price will you consider trimming or selling your holding? XRO has also hit new highs- they report on the 15th Nov – are you considering trimming prior to their reporting? What are the expectations – has this been priced in already?
regards
Debbie
The property platform similar to REA Group (REA) is doing exceptionally well in a difficult US housing market, Q3 results showed overnight, sending the stock up 25%.
CAR surrendered its early gains on Thursday to finish marginally lower. CAR group has been flagged as one ASX stock that will struggle under a Trump Administration. Sentiment wasn’t helped by stocks of foreign automakers falling sharply Wednesday amid concerns the U.S. will hike tariffs on imported vehicles under President-elect Donald Trump.
DHG -5.59% was hit hard today as 1Q25 digital revenue growth of 9% y/y missed expectations which were nearer 15%. On a more positive side, they said October new listings growth has continued to accelerate, underpinning y/y depth revenue growth of 19% like-for-like.
Zillow is now a $US14bn company that is like an REA Group (REA) but exposed to a much bigger North American market. We originally bought the stock 5 months ago at ~$US46, and it’s been a solid run since, up ~30%. They are set to report earnings before the market opens tomorrow, and given the recent run in the stock price, there is a level of optimism clearly built in, with group sales growth of ~12% expected, which would be a good result in MM’s view.
MSFT reported post close overnight with a solid set of results, mildly above market expectations, confirming their push into AI is helping to drive growth.
