Grab Holdings Limited (GRAB) closed at $3.85 in the latest trading session, marking a +1.32% move from the prior day. The stock's change was more than the S&P 500's daily loss of 0.13%. Meanwhile, the Dow experienced a rise of 0.33%, and the technology-dominated Nasdaq saw a decrease of 0.39%. Shares of the company have appreciated by 18.75% over the course of the past month, outperforming the Business Services sector's gain of 4.62% and the S&P 500's gain of 2.43%. The investment community will be closely ...

Grab Holdings Limited (GRAB) closed the most recent trading day at $3.80, moving +0.53% from the previous trading session. The stock outpaced the S&P 500's daily gain of 0.4%. Elsewhere, the Dow gained 0.62%, while the tech-heavy Nasdaq added 0.6%. Prior to today's trading, shares of the company had gained 17.76% over the past month. This has outpaced the Business Services sector's gain of 4.05% and the S&P 500's gain of 1.71% in that time. The investment community will be closely monitoring the performance ...

In the latest market close, Grab Holdings Limited (GRAB) reached $3.64, with a -0.55% movement compared to the previous day. The stock's performance was behind the S&P 500's daily loss of 0.19%. Elsewhere, the Dow saw an upswing of 0.09%, while the tech-heavy Nasdaq depreciated by 0.36%. The company's stock has climbed by 14.38% in the past month, exceeding the Business Services sector's gain of 6.7% and the S&P 500's gain of 2.06%. The upcoming earnings release of Grab Holdings Limited will be of great int ...

Group 1 - The S&P 500 is near all-time highs, prompting a shift in portfolio allocation towards value stocks and international growth stocks [1] - Gary Alexander has extensive experience in technology, having worked on Wall Street and in Silicon Valley, and advises seed-round startups [1] - Alexander has been a contributor to Seeking Alpha since 2017 and his insights are featured in various trading apps like Robinhood [1]

Exhibit 99.1 GRAB HOLDINGS LIMITED INTERIM REPORT FOR THE SIX MONTHS ENDED JUNE 30, 2024 PRELIMINARY NOTE Our unaudited condensed consolidated financial statements as of June 30, 2024 and for the six months ended June 30, 2024, included herein, have been prepared in accordance with IAS 34 Interim Financial Reporting, as issued by the International Accounting Standards Board ("IASB") and are reported in U.S. Dollars. These should be read in conjunction with our audited financial statements as of December 31, ...

fongfong2 Introduction Grab Holdings (NASDAQ:GRAB), the leading superapp and the so-called Uber of Southeast Asia, just reported Q2 earnings that missed Revenue estimates and EPS that was in line with expectations. The stock sold off by more than 7% following the news. After looking through the earnings report, I realized that while there were some disappointing numbers, there were certainly no red flags. I think investors overreacted to the news headline that growth is slowing down, but if we just dig a li ...

The ride-sharing company slipped on a disappointing earnings report. Shares of Grab Holdings (GRAB -5.93%) were heading lower today after Southeast Asia's leading ride-sharing business posted disappointing results in its second-quarter results. As of 1:20 p.m. ET, the stock was down 5.9% on the news. Grab comes up short Revenue in the quarter rose 17%, or 23% in constant currency to $664 million, which missed estimates at $673.2 million. Gross merchandise volume (GMV), or the total value of all orders, grew ...

Company Performance - Grab achieved a record high of 41 million monthly active users (MTUs) in the latest quarter, indicating strong growth in its ecosystem and improved product usage frequency and reliability [1] - The company reported profitable growth in its ride-hailing and food delivery segments, while also highlighting its banking operations, which include three digital banks and the Grabfin FinTech platform [1] Banking Operations - Deposits in GXS Bank in Singapore and GX Bank in Malaysia increased by over 50% quarter on quarter, reaching $730 million, with total loan disposals across Grabfin and the digital banks hitting an annualized run rate of $2 billion in the second quarter [2] Digital Engagement in Singapore - High levels of digital engagement in Singapore are supported by widespread access to high-speed internet and smartphones, with the government advocating for digital transformation among businesses, particularly SMEs [3] - Initiatives like the SMEs Go Digital program are funded to help SMEs leverage digital solutions for operational improvements and revenue generation [4] Acquisition Attempt - Grab attempted to acquire Trans-Cab, Singapore's third-largest cab company, but was denied by the local competition regulator, which the company hoped would enhance supply and productivity in the taxi fleet [4][5] - Despite the setback, Grab is focusing on enhancing supply in Singapore through various technological initiatives to improve driver productivity [5]

Key Takeaways Grab Holdings posted lower-than-expected revenue and gave a soft full-year outlook as riders spent less on its service. The Asian ride-hailing firm reported the average amount of spending per user declined 6% from 2023. Both revenue and adjusted EBITDA guidance came up short of analysts' forecasts. Shares of Grab Holdings (GRAB) tumbled in intraday trading Thursday as the Asian ride-hailing firm missed revenue estimates and gave soft guidance as rider spending declined. The Singapore-based com ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Grab Holdings Limited (GRAB) . Grab currently has an average bro ...