To The Moon

As of the close on Friday, $S&P/ASX 200(XJO.AU)$ closed at 8231.20 on Friday, up 0.48% in the past 5 days.

1. $Block Inc(XYZ.AU)$ +15.5%

1. Despite the disappointing Q1 2025 earnings, Block shows a 43.43% upside potential as of May 2, 2025. This suggests market confidence in a potential rebound and long-term growth.

2. With a substantial stake of $104.5 million from Bridgewater, XYZ is backed by one of the most successful hedge funds in the world, indicating a strong belief in its future potential despite the short-term challenges.

2. $QANTAS AIRWAYS LIMITED(QAN.AU)$ +8.83%

• Shares of Qantas Airways rose to a one-month high, tracking a drop in oil prices after OPEC+ signaled faster output hikes.

• American Airlines and Qantas announce additional flights from the United States to Australia, and they will offer the most comprehensive service between North America and Australia, New Zealand and the South Pacific.

3. $EVOLUTION MINING LTD(EVN.AU)$ +8.55%

• The company retains 65% of its profits, it seems that Evolution Mining is reinvesting efficiently in a way that it sees respectable amount growth in its earnings and pays a dividend that's well covered.

• The future payout ratio of the company over the next three years is expected to be approximately 40%, ROE is predicted to rise to 19% despite there being no anticipated change in its payout ratio.

• It's great to see that the company is investing heavily into its business and along with a high rate of return, that has resulted in a respectable growth in its earnings.

4. $NEWS CORP - CLASS B- CDI(NWS.AU)$ +8.16%

• News Corp beat Wall Street estimates for third-quarter revenue and profit, driven by growth in its Dow Jones business and online real estate services, sending its shares up.

5. $PRO MEDICUS LTD(PME.AU)$ +5.50%

• The company reported that its wholly owned United States subsidiary, Visage Imaging, has signed a $20 million, five-year contract with the University of Iowa Health Care (UI Health Care). Investors are bidding up the Pro Medicus share price.

• The Pro Medicus share price is up 114.1% since this time last year.