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Stock impact report

Zacks Industry Outlook Baidu, Dropbox and Crexendo [Yahoo! Finance]

Crexendo, Inc. (CXDO) 
NASDAQ:AMEX Investor Relations: crexendo.com/investor
Company Research Source: Yahoo! Finance
Industry: Internet Services Link: https://www.zacks.com/commentary/2448867/internet-services-stocks-to-buy-baidu-dropbox-crexendo Macro factors currently driving the economy, such as inflation, interest rates, labor markets, supply chain issues and so forth have a varied impact on players in the extremely diverse Internet - Services industry, although a stronger economy is generally positive. Therefore, the ongoing tariff war, declining consumer confidence and declining Producer Price Index (PPI) figures may be considered negative for the industry. Most industry players are heavily investing in artificial intelligence (AI) and machine learning, as this allows them to provide additional features and differentiate their offerings. Being a capital-intensive industry with high fixed costs of operation and the fairly constant need to build infrastructure, a high interest rate just isn't very positive for it. Therefore, any rate cuts this year would make us incrementally positive abo Show less Read more
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