Sectors: Technology
Hi guys
Your thoughts on data3 .After they reported the shares dropped but it seems its on the way back up now.
Thanks
Tony
Hey James and Team. Thanks for a wonderful service. Both these stocks sold off after recent reports
Hi Team
Thanks as always for your outstanding newsletters and Q&A.
Just wondering whether you could give us your latest thoughts on whether this strong up movement in Xero can continue or should one be looking at taking some off the table at these elevated prices (currently $133 today -Friday)
Also whether you could update your thoughts on the relative attractiveness of holding hybrids with the probability of recession appearing to be dropping?
Many thanks
Audio-visual tech company AD8 delivered a very strong 1H result last month, propelling the stock to new all-time highs. Revenue grew 48% to $US30.4m, with EBITDA $US10.1m being a whopping ~70% ahead of expectations driven by strong revenues, plus margins improved ahead of consensus.
Hi James and Team
Your latest comment on XRO was “the ALU euphoria looks capable of taking XRO well into $130-$140 target area – long and bullish XRO”
Do you view the market is assuming XRO can replicate its Australian growth into the US market. If so are you concerned about its US competitor Quick Books who have a dominant 80 to 85% market position which will be difficult to overcome. Has the market become too optimistic of their drive into the US market. How much is the growth into the US priced in to XRO’s current price?
Could this be a headwind or catalyst to disappoint. When do you expect an update from XRO.
regards
PXA +5.74%: The property exchange delivered a marginal earnings beat at their 1H results, although the UK business is still a struggle. Revenue of $163m was up 16% YoY and a touch ahead of $160m expected with earnings (EBITDA) of $82.9m around 5% ahead.
The AI behemoth surged to fresh all-time highs overnight following its impressive earnings beat, pushing the AI trade back front and centre into investors’ minds and, of course, the media. Other chip plays and companies that NVDA have invested in, like SoundHound (SOUN US) and Arm (ARM US), all rallied in unison.
AI is a new and exciting subject that has driven US equities to new all-time highs and has already started impacting most people’s lives, even if they don’t yet realise it – it’s an ever-changing world; only 18 months ago, US tech was struggling as rate rises weighed on growth stocks. Artificial intelligence, or AI, has been brewing as the new megatrend for years, with Nvidia now leading the charge.
This online cloud-based accounting software is aimed at small and medium-sized businesses and they already have ~4 million subscribers globally, with AI offering the ability to help turn the dial on this number.
