I came across this video today. Though it isn't related to NXT specifically it gives one of the best insights into the macro-economic conditions we can expect.
Summary
- US and world economy is slowing
- Interest rates in the US will come down which is good for capital intensive datacentre providers
- Treasuries and Growth stocks are where you want to be - PE's should expand as return on bonds and cash comes down
- Cloud companies are in early phases of growth with several years to run
- Mild recession further supports move to cloud as it can help with cost cutting measures
Macro View
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 (20min delay)
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Last
$16.62 |
Change
0.320(1.96%) |
Mkt cap ! $9.553B | |||
| Open | High | Low | Value | Volume |
| $16.50 | $16.64 | $16.47 | $11.33M | 684.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 2638 | $16.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.62 | 1057 | 6 |
View Market Depth
| Last trade - 13.46pm 29/04/2024 (20 minute delay) ? |
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Last
$16.66 |
Change
0.320 ( 2.01 %) |
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| Open | High | Low | Volume | ||
| $16.51 | $16.66 | $16.47 | 225763 | ||
| Last updated 14.04pm 29/04/2024 ? | |||||
| NXT (ASX) Chart |