Elastic, Applied Digital, Eightco Holdings And Other Big Stocks Moving Higher On Friday - ASP Isotopes (NASDAQ:ASPI), Applied Digital (NASDAQ:APLD)

Core Insights - U.S. stocks experienced an upward trend, with the Dow Jones index increasing by approximately 150 points on Friday [1] - Elastic N.V. shares rose significantly by 6.7% to $87.01 following three major announcements [1] Company Updates - Elastic N.V. finalized the acquisition of Jina AI, enhancing its capabilities in AI technology [1] - The company launched a new GPU-powered inference service, aimed at improving performance [1] - Elastic approved a $500 million stock buyback program, indicating confidence in its financial health [1] Stock Performance - NOVONIX Limited shares surged by 27% to $2.7400, reflecting strong market interest [3] - Applied Digital Corporation saw a 25.7% increase to $36.83 after reporting better-than-expected first-quarter results [3] - ASP Isotopes Inc. gained 21% to $10.70, while Eightco Holdings Inc. rose by 20.4% to $10.16 due to a new AI authentication pilot program [3] - Gyre Therapeutics, Inc. jumped 16.9% to $8.36 after Jefferies initiated coverage with a Buy rating [3] - Other notable gainers included SES AI Corporation (16.9% to $3.4889), BigBear.ai Holdings, Inc. (15.5% to $8.65), and Bitfarms Ltd. (15% to $4.8160) [3]