Core Viewpoint - The silver mining sector is experiencing a land acquisition trend driven by strong demand and a supply deficit since 2021, with companies like Apollo Silver Corp. actively expanding their land packages and developing projects to increase production [4][20]. Company Summaries Apollo Silver Corp. - Apollo Silver Corp. has acquired 2,215 hectares of claims, known as the Mule claims, which expands its Calico Project land package by over 285%, increasing it from 1,194 hectares to 3,409 hectares [8][10]. - The Mule claims are strategically located along the mineralized Calico Fault System, which has shown potential for high-grade silver targets identified by previous operators [5][10]. - Preliminary mapping and sampling have indicated several strong silver and gold anomalies, with assay peaks reaching 14.10 g/t Au and 20.70 g/t Ag [9][10]. - The company plans to conduct follow-up exploration programs to further evaluate the potential of the newly acquired claims [10]. Pan American Silver Corp. - Pan American Silver Corp. announced a definitive agreement to acquire MAG Silver Corp. for approximately $2.1 billion, which includes $500 million in cash and shares, representing premiums of about 21% to 27% over MAG's recent share prices [12][13]. - The acquisition will enhance Pan American's portfolio with the high-grade Juanicipio mine, which is expected to significantly increase its exposure to silver production [13][20]. - Existing MAG shareholders will own approximately 14% of Pan American's shares post-acquisition, benefiting from a larger, diversified silver and gold producer [12]. Dolly Varden Silver Corporation - Dolly Varden Silver Corporation has completed the acquisition of the Kinskuch Property for $5 million, significantly increasing the size of its Kitsault Valley Project to approximately 77,000 hectares [15][16]. - The Kinskuch Property is adjacent to the Kitsault Valley Project and is considered highly prospective for silver, gold, and copper mineralization [15][16]. First Majestic Silver Corp. - First Majestic Silver Corp. completed its acquisition of Gatos Silver, integrating a high-quality, long-life operation into its portfolio, with Gatos Silver now a wholly-owned subsidiary [19][20]. - The merger received overwhelming shareholder approval, with approximately 98.44% of First Majestic's shareholders and 99.23% of Gatos Silver's stockholders voting in favor [18][20].

Group 1 - The Indonesian Business Competition Supervisory Commission (KPPU) issued a statement on May 21 regarding rumors of a potential merger between two major ride-hailing giants, Grab and GoTo [1]

行业整合进程正因劳资矛盾蒙上阴影。Grab当前正推进以超70亿美元收购GoTo印尼业务的谈判，但印 尼运输工人工会已公开反对合并，担忧市场集中度提升将进一步压缩司机收入。这场交易本被视为东南 亚科技巨头整合的重要里程碑——Grab与GoTo曾多次谈判未果，2018年优步退出东南亚市场时曾持有 Grab股份，但区域竞争格局始终未现终局。 罢工直接威胁东南亚最大网约车市场的运转。印尼司机计划全面退出平台24小时，这将导致客运、外 卖、快递服务陷入瘫痪。值得注意的是，此次行动获得多个平台司机响应，包括Maxim、InDrive、 Lalamove及Shopee等企业从业者，仅有部分司机组织因"政治动机"质疑未参与。 智通财经APP获悉，东南亚网约车巨头Grab Holdings(GRAB.US)与GoTo Group在印尼的服务将于周二面 临大规模中断。这个拥有2.75亿人口的东南亚最大市场正经历剧烈震荡：超2.5万名网约车及外卖配送司 机计划举行24小时罢工，抗议平台佣金政策与监管缺失，此时恰逢Grab收购GoTo印尼业务的关键节 点。 印尼司机协会联盟Garda Indonesia披露的行动细节显示，抗议者将聚 ...

Core Viewpoint - The analysis compares Uber and Grab, highlighting Uber's global reach and diversified services against Grab's regional focus and adaptability in Southeast Asia [3][4][9]. Group 1: Uber's Performance and Strategy - Uber's ride-sharing and delivery platforms are experiencing strong demand, contributing to positive financial results [4]. - In Q2 2025, Uber's gross bookings are projected to be between $45.75 billion and $47.25 billion, reflecting a 16-20% growth on a constant currency basis compared to Q2 2024 [5]. - Uber's earnings estimates for 2025 are $2.84, with a year-over-year growth estimate of -37.72%, but a positive outlook for 2026 with a 22.90% growth estimate [6]. - The company is pursuing strategic partnerships to enter the robotaxi market, avoiding high R&D costs, and is actively engaging in acquisitions and geographic diversification [6]. - Uber generated a record $6.9 billion in free cash flow in 2024 and announced a $1.5 billion accelerated stock buyback program, indicating confidence in its business strategy [7]. Group 2: Grab's Growth and Challenges - Grab has successfully adapted to local conditions in Southeast Asia, evolving from a taxi-hailing app to a comprehensive service platform [9]. - In Q1 2025, Grab's On-Demand Gross Merchandise Value (GMV) increased by 16% year-over-year, with expected revenues between $3.33 billion and $3.40 billion for 2025, indicating a 19-22% growth [10]. - Grab has partnered with Amazon Web Services (AWS) to enhance operational efficiency and drive growth across its services [11][12]. - Grab's earnings estimates for 2025 are $0.05, with a significant year-over-year growth estimate of 266.67% [13]. Group 3: Valuation and Market Position - Uber's forward sales multiple is 3.58, above its three-year median of 2.54, while Grab's is 5.78, exceeding its median of 4.85 [16]. - Uber's market capitalization stands at $191.95 billion, positioning it well to navigate economic uncertainties [18]. - Grab, with a market capitalization of $20.5 billion, faces challenges due to its narrower geographical focus and intense competition in the delivery segment [19]. - The analysis concludes that Uber is a more favorable investment compared to Grab, despite both companies currently holding a Zacks Rank of 3 (Hold) [20].

Group 1 - Grab's stock has experienced significant volatility, with a 40% decline from February highs due to mixed Q4 earnings and external factors [1] - The company is positioned as a long-term growth investment, focusing on innovative and disruptive companies with strong fundamentals [1] - The investment strategy emphasizes identifying "divergent stocks" that have long growth potential despite current price depressions [1]

Core Insights - The article highlights Steven Cress's role as VP of Quantitative Strategy and Market Data at Seeking Alpha, emphasizing his contributions to the platform's quantitative stock rating system and analytical tools [1][2] - Cress is dedicated to removing emotional biases from investment decisions through a data-driven approach, utilizing sophisticated algorithms to simplify investment research [2][4] - His background includes founding CressCap Investment Research, which was acquired by Seeking Alpha in 2018, and previously running a proprietary trading desk at Morgan Stanley [3][4] Company Contributions - Seeking Alpha's Quant Rating system, created by Cress, is designed to interpret data for investors and provide insights on investment directions, saving time for users [1][2] - The platform offers a systematic stock recommendation tool called Alpha Picks, aimed at helping long-term investors build a high-quality portfolio [1] Professional Background - Cress has over 30 years of experience in equity research, quantitative strategies, and portfolio management, positioning him as an expert in various investment topics [4] - His previous roles include leading international business development at Northern Trust and founding the quant hedge fund Cress Capital Management [3][4]

Group 1 - U.S. stocks have recently experienced significant declines, prompting a focus on high-quality international investment opportunities [1] - Southeast Asia's tech company Grab is highlighted as a potential investment pick following extensive research [1] Group 2 - The analysis is led by a seasoned market analyst with a background in financial journalism and robust modeling techniques [1]

Group 1 - The article discusses the performance of Grab (NASDAQ: GRAB) since a Strong Buy recommendation was made in February 2025 when the share price was $4.79, noting that the share price has declined since then due to country-specific issues related to President Trump [1] - The author has over 14 years of experience as a sell-side equity analyst, with a focus on the HK/China market, and has specialized in China's oil & gas and chemicals sectors for the past eight years [1] - The author's expertise includes analyzing market trends, evaluating company performance, and providing investment recommendations, which are aimed at helping investors make informed decisions [1] Group 2 - The author emphasizes a commitment to delivering actionable insights and valuable content that reflects the latest market developments and opportunities [1] - The article highlights the importance of informed decision-making in a rapidly changing market landscape [1]

Core Insights - Grab is viewed as a promising stock, with a strong focus on business analysis, fundamental analysis, valuation, and long-term growth in sectors like AI, fintech, finance, and tech [1] Company Analysis - The company operates in a competitive landscape, particularly in Indonesia, where it competes with GoTo [1] - Grab's business model and earnings performance are key areas of focus for analysis [1] Investment Strategy - The analysis aims to provide clear, unbiased insights into Grab's strengths, risks, and valuation to assist investors in forming their own opinions and strategies [1]

Group 1 - U.S. markets have faced significant volatility, making international growth stocks a favorable investment, with Grab (GRAB) notably avoiding the downturn experienced by U.S. peers like Lyft [1] - The analyst has extensive experience in technology sectors, having worked on Wall Street and in Silicon Valley, and has been involved with seed-round startups, indicating a strong understanding of current industry trends [1] Group 2 - The article emphasizes the importance of international growth stocks in the current market environment, suggesting that companies like Grab may present better investment opportunities compared to their U.S. counterparts [1]