Stock Market Today: Live Updates 16.07.2026
LIVEMarkets rolling coverageStarted: July 16, 2026, 4:00 AM EDTUpdated: July 16, 2026, 8:13 AM EDT Xero (ASX:XRO), Two Other ASX Tech Names Screen Cheap on DCF, Cash Flows in Focus July 16, 2026, 8:08 AM EDT. Xero (ASX:XRO) and two other ASX-listed software names look undervalued by DCF models, even as Xero’s net margin slid to 6.1% from 10.8% and earnings dropped. Xero, out of Wellington, brings in NZ$2.75 billion in revenue with a market cap of A$11.65 billion. The cash flows and newer AI-driven tools like XeroForce leave the valuation looking interesting. This comes as tech stocks face tough