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
I came across this video today. Though it isn't related to NXT...
Add NXT (ASX) to my watchlist
 (20min delay)
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Last
$17.80 |
Change
-0.090(0.50%) |
Mkt cap ! $10.68B | |||
| Open | High | Low | Value | Volume |
| $17.87 | $17.96 | $17.71 | $17.08M | 960.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1362 | $17.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.81 | 6255 | 5 |
View Market Depth
| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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Last
$17.72 |
Change
-0.090 ( 0.89 %) |
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| Open | High | Low | Volume | ||
| $17.98 | $17.98 | $17.70 | 222427 | ||
| Last updated 15.59pm 07/06/2024 ? | |||||
| NXT (ASX) Chart |