LA Private

October 2024

Nvidia hits fresh record

Shares of Nvidia reached a new all-time high on Monday, surpassing their previous peak from July. The stock gained 2.4%, closing at $138.07, pushing Nvidia’s market value to $3.39 trillion—within striking distance of Apple’s $3.5 trillion market-leading valuation. This rise comes as renewed optimism about a soft landing for the US economy fuels a resurgence

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Stocks of the Hour: Immutep, Altech Batteries, Cygnus Metals

To register for Friday’s webinar click here. Immutep Limited (ASX:IMM) has fully recruited participants for Part A of its Phase I study evaluating IMP761, a novel LAG-3 immunotherapy. The single-dose, placebo-controlled trial has been completed without any safety issues following drug administration. Shares are trading 2.46 per cent higher at 31.25 cents. Altech Batteries Limited

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ASX is up 0.9% near noon

The ASX has retreated from its record high reached earlier in the session, following Australian employment data that fell short of expectations. The S&P/ASX 200 Index is currently up 0.9 percent near midday, having been as high as 1.2 percent before the data was announced. Australian employment rose by 51,600 in September, following a gain

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Askari identifies new high-grade copper-gold targets at Horry

Askari Metals (ASX:AS2) has reported promising exploration results from its Horry Copper-Gold Project in Western Australia. The company completed a strategic review of the project, which revealed multiple high-grade copper and gold mineralisation zones, presenting immediate drilling opportunities. These findings follow Askari’s 2022 drilling program, which consisted of 29 drill holes spanning 2,096m. Key intersections

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Treasury Wines uncorking profits

Treasury Wine Estates (ASX:TWE) has kicked off FY25 with impressive first-quarter results, highlighted by double-digit growth in net sales revenue (NSR). The company’s luxury-focused strategy continues to pay dividends, with strong performances across its key brands, particularly Penfolds and its newly acquired DAOU Vineyards. TWE reported that the Penfolds brand maintained solid momentum in both

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