Sectors: Technology
Over the last year there have been times when Nvidia’s (NVDA US) quarterly earnings reports have been the markets focal point and with the stock up more than five-fold in recent years its generally delivered a net bullish influence across markets, and especially anything AI related.
WTC +4.7%: Today announced its biggest ever acquisition, agreeing to buy E2open Parent Holdings in a deal that values the US company at $US2.1 billion (A3.2bn), a 28% premium to Fridays close. This was not totally new news to the market, with WTC having flagged the potential acquisition, and provided a detailed rationale of the proposed transaction in recent weeks.
Hi James, Shawn and Team.
CAT +13.72%: A strong day for the sports analytics company that we recently covered (here), with records across the board, but more importantly, their operating metrics are benefiting from scale.
CAT +13.72%: A strong day for the sports analytics company that we recently covered (here), with records across the board, but more importantly, their operating metrics are benefiting from scale i.e. the fly wheel is working.
The payments company is a bull market stock, and has experienced eye watering volatility over the years, from under $1 up to $14 in 2021 and back down to 30c. It now trades ~$2 having pulled back from $3.60.
XRO managed to eke a 0.8% gain on Monday, taking it up ~8% year-to-date. Conversely, Wisetech (WTC), which has endured some governance issues of late, retreated 2.1%, extending the year’s decline to 18%.
WTC has struggled through 2025 following personal/governance issues around founder Richard White. However, while WTC addresses the problems, it’s fundamentally business as usual.
Thanks MM for your regular updates and insightful commentary.
I bought Xero sometime ago on a MM recommendation but sold last year after a reasonable increase. My logic at the time was that I thought the price may plateau or drop but the opposite has happened with very strong results lately. If you weren’t holding now would XRO be a buy?
Regards
Peter
