To The Moon

As of the close on Friday, $S&P/ASX 200(XJO.AU)$ closed at 7,575.90 on Friday, down 0.87% in the past 5 days. 1. $Resmed DRC(RMD.AU)$ +14.01%The ResMed Inc share price is avoiding the market selloff and racing higher on Friday. In early trade, the sleep disorder treatment company's shares are up an impressive 10% to $31.50.TLX stock rose 14.01% this week primarily due to Investors have been fighting to get hold of the company's shares following the release of its third quarter update.Another big positive was the company's gross margin, which improved 260 basis points to 57.9% on a GAAP basis and 240 basis points to 58.5% on a non-GAAP basis. This was ahead of the cons

As of the close on Friday, $S&P/ASX 200(XJO.AU)$ closed at 7,567.30 on Friday, down 3.15% in the past 5 days. 1. $TELIX PHARMACEUTICALS LTD(TLX.AU)$ +5.26%Telix Pharmaceuticals Limited, a commercial-stage biopharmaceutical company, focuses on the development and commercialization of diagnostic and therapeutic radiopharmaceuticals.TLX stock rose 5.26% this week primarily due to its revenue and operational performance for the quarter ended 31 March 2024 (Q1 2024).Telix Pharmaceuticals reported a revenue increase to US$114.9 million ($179.1 million) in the first quarter of 2024, up 18% from the previous quarter, driven by strong sales of Illuccix, its prostate cancer ima

As of the close on Friday, $S&P/ASX 200(XJO.AU)$ closed at 7,788.10 on Friday, up 0.19% in the past 5 days. 1. $RED 5 LTD(RED.AU)$ +11.69%Red 5 Limited is an Australian gold producer that operates the Darlot and King of the Hills (KOTH) gold mines.RED stock rose 11.69% this week primarily due to record-high gold prices, reaching $2,418 per ounce, and strong quarterly performance by Red 5 Limited.The company's consistent gold production from its King of the Hills project and potential to meet upper end of full-year production targets boosted investor confidence.The updates show that gold production exceeds 50,000 ounces from its King of the Hills project for the fourth

$S&P/ASX 200(XJO.AU)$ has risen 4.03% and hit new records in Q1.Let’s look at the top 5 gainers in ASX stock market.1. $LIFE360 INC-CDI(360.AU)$ roars 70% with earnings beats and new ad strategyThe company jumped 38% on the day its released impressive earnings, smashing earnings estimates. It improves both revenue and profits and introduces new revenue stream. The management is also positive about the guidance.Moreover, the company also announced plans to sell advertisers access to its user base, indicating potential for accelerated user growth with increased sales and marketing investments.Revenue increased by 33% to $305 million, with subscription revenue up 52%. Achieved positive adjusted

As of the close on Friday, $S&P/ASX 200(XJO.AU)$ closed at a record high of 7,770.60 on Friday, up 1.31% in the past 5 days. 1. $PALADIN ENERGY LTD(PDN.AU)$ surged 14.94% following a rebound in uranium pricesDespite a recent dip due to a 20% fall from 16-year highs in February, prices rose to $88.50 per pound. This uptick reignited investor interest in ASX uranium sharesPaladin Energy announced plans to restructure its share capital, proposing a consolidation where ten existing shares will become one. This move aims to align its share count with its ASX 200 status and attract more international investors.2. $WEBJET LTD(WEB.AU)$

As of the close on Friday, $S&P/ASX 200(XJO.AU)$ closed at a record high of 7,670.30 on Friday, down 2.25% in the past 5 days. 1. $BELLEVUE GOLD LTD(BGL.AU)$ +8.04%This week, Bellevue Gold Limited reported its earnings results for the half year and turned to profit.The company recorded sales of AUD 49.06 million and net income of AUD 2.19 million, a significant improvement compared to a net loss of AUD 12.52 million reported for the same period a year ago.Additionally, the Bellevue Gold mine near Leinster in the north-western Goldfields was officially opened, marking a significant step in the company's journey towards making the operation carbon-neutral by 2026.2.

As of the close on Friday, $S&P/ASX 200(XJO.AU)$ closed at a record high of 7,745.60 on Friday, up 1.33% in the past 5 days. 1. $Life360(360.AU)$  +43.58%The company soars 43% after smashing earnings estimates.It improves both revenue and profits and introduces new revenue stream. The management is also positive about the guidance.Revenue increased by 33% to $305 million, with subscription revenue up 52%.Achieved positive adjusted EBITDA of $20.6 million and reduced net loss by $63.5 million.Expects revenue of $365-375 million and adjusted EBITDA of $30-35 million for FY 2024. 2. Lithium companies $Arcadium Lithium pl

As of the close on Friday, $S&P/ASX 200(XJO.AU)$ closed at 7,643.60 points, down 0.19% in the past 5 days.1. $CSR LIMITED(CSR.AU)$ +23.42%: A$4.30 billion takeover proposal from Saint-GobainCSR rises 23% after it received a non-binding takeover proposal from France's Saint-Gobain for A$4.30 billion, with a bid of A$9.00 per share. The stock closed at $8.38 this Friday.The offer allows CSR to pay a final dividend of up to A$0.25 per share for the financial year ending in March, which would then be deducted from the cash offer price.2. $Reliance Worldwide(RWC.AU)$ +19.50%: positive half-year results and $17.8 m

As of the close on Friday, $S&P/ASX 200(XJO.AU)$ closed at 7,699.40 points, up 1.91% in the past 5 days.1. $Megaport Ltd(MP1.AU)$ +37.86%Megaport Ltd released a strong quarterly update on January 30, 2024, highlighting significant growth in revenue, annual recurring revenue, EBITDA, and net cash flow.The broader market sentiment, particularly the optimistic outlook on the technology sector in Australia, contributed to the increase in Megaport's share price.2. $Nickel Industries Ltd(NIC.AU)$  +29.95%NIC stock surged 29% this week following the specialty miner's report of record nickel output totaling 34,450 metric tons

As of the close on Friday, $S&P/ASX 200(XJO.AU)$ closed at 7,555.40 points, up 2.84% in the past 5 days.1. $Polynovo(PNV.AU)$ +13.56% PNV, an Australian medical technology company, rose this week after the company released a strong trading update for the first half of FY2024. Key highlights include a 65.6% increase in global revenue, record sales revenue of $42.2 million, and positive earnings. 2. $ALUMINA LTD(AWC.AU)$ +11.44% Alumina Limited experienced a rise this week due to positive developments in global alumina markets. The rebound in Australian alumina prices, coupled with increased Chinese domestic prices amid suppl