Summary: Nutanix is experiencing steady growth at 30%, with a notable increase in free cash flow. Global-e witnessed a substantial 53% growth in sales during Black Friday and Cyber Monday. Pagaya’s investor presentations indicate potential positive outcomes in terms of loan originations and margin. Construction spending has exceeded expectations in the last month, suggesting a…
Nutanix held its analyst day on Tuesday, Sept. 26, 2023. It turned out to be less than an optimal day for a positive presentation. Many market participants and doubtless subscribers were spending Tuesday looking at a deteriorating market in which most asset classes were being sold. I am going to focus on the Nutanix analyst…
Summary Nutanix has shown impressive sales momentum and expense management, with competitive success against rival VMware.The company’s transition to a SaaS deployment model and focus on hybrid multi-cloud offerings positions it well for sustained growth.Nutanix’s valuation remains reasonable, and its potential to benefit from the AI revolution could further boost its growth prospects. Nutanix: Impressive…
This has proven to be a frustrating week through Wednesday. Fears of Jay Powell’s testimony, and then the testimony itself, were factors in creating a risk-off climate in the market. In addition, the ADP jobs report, and the report on job openings were thought to be too hot and the inversion of the yield curve…
If Fed speakers were muzzled, the world of investing would be a happier and healthier place. After a rally mainly induced by hope for a Fed pivot as inflation rates at both the wholesale and retail level declined, Fed speakers continued to insist on an elevated and lengthy period of terminal rates, albeit with some…
We have made the following changes in the high growth portfolio: We have sold the 400 share position of Asana at $26.71, which netted $10, 670. We bought 460 additional shares of Nutanix at $22.98. This cost $10,585. The high growth portfolio now has a holding of 1230 shares, and a weighting of approximately 4%.…
Nutanix: The last chapters of a long running set of transitions Nutanix (NTNX) burst upon the scene as a disruptor in what is known as the hyper-convergence space about a dozen years ago. Indeed, it might be said that Nutanix was one of the first companies to offer HCI technology. The company initially offered both hardware and…
It has been a difficult season to be an investor in high-growth tech. The economy is thought to be on the cusp of a recession. Supply chain issues can plague vendors. Investors seem to believe that high-growth tech is particularly risky. Investors seem to believe that future earnings and cash flow should be discounted at…
It has been reported on Sunday evening that Broadcom is in talks to acquire VMware. VMware has gone through a series of ownership changes in recent years. Most recently, the company was spun-off from Dell at the end of 2021. At the time of the spin-off the announcement said that the two companies would retain…
Summary Shares of High-Growth software companies have led the market down so far in 2022. The decline in valuations and absolute share prices has been at rates that rival anything in the recent past. This decline has occurred against a background of strong and growing demand in the Information Technology (IT) space. Ironically, software demand…