{"id":7311,"date":"2024-03-18T23:55:31","date_gmt":"2024-03-18T23:55:31","guid":{"rendered":"https:\/\/economicherald.net\/?p=7311"},"modified":"2024-03-18T23:55:31","modified_gmt":"2024-03-18T23:55:31","slug":"top-10-at-10-nvidas-warm-glow-has-this-stock-soaring-100-in-3-days","status":"publish","type":"post","link":"https:\/\/economicherald.net\/?p=7311","title":{"rendered":"Top 10 at 10: NVIDA\u2019s warm glow has this stock soaring 100% in 3 days"},"content":{"rendered":"

Stockhead\u2019s Top 10 at 10, published at ~10.40am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data.<\/p>\n

It\u2019s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms.<\/p>\n

The market opens at 10am (eastern time) and the data is taken at 10:15am, once every\u00a0ASX\u00a0stock has started trading.<\/p>\n

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WINNERS<\/strong><\/h2>\n

Stocks highlighted in yellow made market-moving announcements\u00a0(click\u00a0headings to sort).<\/em><\/p>\n

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Security Description Last % Volume MktCap AOA Ausmon Resorces 0.003 50% 400,283 $2,117,999 RR1 Reach Resources Ltd 0.004 33% 625,000 $9,835,977 AL8 Alderan Resource Ltd 0.005 25% 240,000 $4,427,445 GCM Green Critical Min 0.005 25% 121,609 $4,546,340 KOR Korab Resources 0.01 25% 173,000 $2,936,400 FLX Felix Group 0.18 24% 35,000 $29,652,458 SNS Sensen Networks Ltd 0.029 21% 20,000 $18,563,412 MAG Magmatic Resrce Ltd 0.078 18% 262,680 $25,188,171 SCL Schrole Group Ltd 0.195 18% 122,345 $5,932,583 MEL Metgasco Ltd 0.007 17% 260,000 $6,383,320 <\/p>\n

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WordPress Table Plugin<\/a><\/p>\n

Pentanet\u2019s (ASX:5GG)<\/a> run continues after the cloud gaming stock upgraded its Gen 3 cloud infrastructure with NVIDIA L40 GPUs, to bring Pentanet into the NVIDIA Graphics Delivery Network (GDN).<\/p>\n

GDN, available in over 130 countries, \u201ctaps NVIDIA\u2019s global cloud-to-edge streaming infrastructure to deliver smooth, high-fidelity, interactive experiences\u201d, it says.<\/p>\n

In 2023, NVIDA became the 7th public US company to be valued over one trillion dollars. It is currently the third most valuable company on the globe after Microsoft and Apple, with a market cap of US$2.21trn.<\/p>\n

IP geophysics \u2014 which identifies the electrical chargeability of subsurface materials, such as\u00a0ore \u2014 has uncovered \u201cwide manganese bands\u201d up to 250m deep and 140m wide at Mako Gold\u2019s (ASX:MKG)<\/a> Korhogo project in C\u00f4te d\u2019Ivoire.<\/p>\n

\u201cIt is \u2026 very encouraging that the IP anomalies are strong to depths of 250m and that 4 of the 5 IP anomalies are over 100m in width,\u201d says MD Pete Ledwidge.<\/p>\n

\u201cThis increases our confidence that we have discovered what could potentially be a world class manganese deposit that extends for 8km along strike and could extend to at least 250m in depth.\u201d<\/p>\n

And training software firm Schrole (ASX:SCL)<\/a> says Human Resources (HR) software sales in January and February surged 190% and 1392%, respectively, on the same period last year.<\/p>\n

Total software sales year to date are up 144% on the same time last year.<\/p>\n

\u00a0<\/p>\n

LOSERS<\/h2>\n

Stocks highlighted in yellow made market-moving announcements\u00a0(click headings to sort).<\/em><\/p>\n

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Code Company Last % Volume Market Cap SIH Sihayo Gold Limited 0.001 -33% 55,000 $18,306,384 KPO Kalina Power Limited 0.004 -20% 8,946,469 $11,050,640 ROG Red Sky Energy. 0.004 -20% 7,142 $27,111,136 OLH Oldfields Holdings 0.09 -18% 18,712 $21,973,154 ABE Ausbondexchange 0.022 -15% 56,724 $2,929,371 RNX Renegade Exploration 0.006 -14% 45,355 $7,025,688 T3D 333D Limited 0.006 -14% 13,872 $836,115 PBL Parabellumresources 0.054 -13% 25,000 $3,862,600 POS Poseidon Nick Ltd 0.007 -13% 19,342,579 $29,708,278 BEO Beonic Ltd 0.022 -12% 10,000 $10,612,374 <\/p>\n

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Poseidon Nickel\u2019s (ASX:POS)<\/a> decision to sell its Lake Johnson nickel project for $15m in staged payments, announced yesterday, was unpopular with the market.<\/p>\n

As is today\u2019s announcement, which will see \u201cstrong operator\u201d Craig Johnson depart as CEO as POS makes the \u201cshift back to exploration and the continued focus on cost reduction\u201d.<\/p>\n

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The post Top 10 at 10: NVIDA\u2019s warm glow has this stock soaring 100% in 3 days<\/a> appeared first on Stockhead<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Stockhead\u2019s Top 10 at 10, published at ~10.40am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. 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