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2024-06-14 06:30:00 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips Stocks with share prices under $5 are typically too risky to buy. Considering penny stocks by the Securities & Exchange Commission ( SEC ), such low-cost stocks trade at these depre...
2024-06-13 11:00:00 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips Keeping an eye on the stock market? As the main stock indices like S&P 500 and Nasdaq continue to climb, penny stocks are becoming pretty attractive for those looking for signif...
2024-06-04 05:04:44 ET Summary Grab stock is still down 80% from its peak and has traded sideways for nearly two years. I understand why investors might be frustrated with the stock. However, I believe Grab stock is still a sleeping giant in hibernation. Here are 7.5 reaso...
2024-05-28 21:19:27 ET Summary Chase Coleman's Tiger Global Management 13F portfolio value increased from $14.1B to $18.3B this quarter. The largest five positions in the portfolio are Meta Platforms, Microsoft, Alphabet, Apollo Global, and Amazon.com. New stakes include Liber...
2024-05-23 16:28:04 ET Summary Grab, the Singapore-based rideshare giant, has significant long-term potential in the fast-growing Southeast Asian market. The company is experiencing profitability in its deliveries segment and aims to double adjusted EBITDA margins in this space. ...
2024-05-23 14:00:00 ET Summary GRAB is the UBER equivalent in Southeast Asia, benefiting from the latter's departure in 2019 and the well-diversified Super App offerings. GRAB's "hyper-local approach" has directly contributed to its robust top/ bottom lines, with FY2024 expected t...
2024-05-23 06:13:06 ET Summary Grab is a Southeast Asian super app that is a market leader in mobility and delivery segments, with a strong moat and potential for long-term profitable growth. In 1Q24, Grab's mobility business delivered GMV growth of 27% YoY, implying that it is ta...
2024-05-16 01:28:43 ET More on Grab Grab: Consider Buying Before The Market Realizes It Grab beats top-line and bottom-line estimates; initiates FY24 outlook Read the full article on Seeking Alpha For further details see: Grab reports mixed Q1 results; ra...
2024-05-15 23:44:08 ET Grab Holdings Limited (GRAB) Q1 2024 Earnings Conference Call May 15, 2024, 8:00 PM ET Company Participants Douglas Eu - Director, Investor Relations and Strategic Finance Anthony Tan - Chief Executive Officer Alex Hungate - Chief Operating...
Revenue grew 24% year-over-year, or 29% on a constant currency basis to $653 million On-Demand GMV grew 18% year-over-year, or 21% on a constant currency basis to $4.2 billion Operating Loss improved by $129 million year-over-year to $(75) million Adjusted EBITDA improved ...