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Hi mooers! ![]()
The world's most valuable company, $NVIDIA (NVDA.US)$, is set to release its Q3 FY2025 financial results on November 20 after the bell. Unlock insights with NVDA Earnings Hub>>
As of 14 November, share prices of $NVIDIA (NVDA.US)$ have increased +196.44% in this year.![]()
It is now the world's most valuable company with a $3.6 trillion market cap![]()
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As big tech companies like $Amazon (AMZN.US)$, $Alphabet-A (GOOGL.US)$ and $Meta Platforms (META.US)$ all poise...
The world's most valuable company, $NVIDIA (NVDA.US)$, is set to release its Q3 FY2025 financial results on November 20 after the bell. Unlock insights with NVDA Earnings Hub>>
As of 14 November, share prices of $NVIDIA (NVDA.US)$ have increased +196.44% in this year.
As big tech companies like $Amazon (AMZN.US)$, $Alphabet-A (GOOGL.US)$ and $Meta Platforms (META.US)$ all poise...
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(Singapore, New York, 12th) Southeast Asia ride-hailing and food delivery company Grab Holdings ( $Grab Holdings (GRAB.US)$ ) turned losses into profits, recording a net profit of 15 million US dollars (about 66.42 million ringgit) in the third quarter, inspiring a significant rise in stock price.
During the overnight trading session in the US stock market, Grab rose by 3.55%, closing at $4.38; after announcing better-than-expected performance and strong performance guidance, the stock rose by 15% in after-hours trading, reaching as high as $5.04.
The company announced that all business segments saw revenue growth, driving a 17% year-on-year increase in revenue for the third quarter, to $0.716 billion (about 3.171 billion ringgit), surpassing the market's forecast of $0.697 billion.
After adopting a series of cost reduction and efficiency improvement measures to cope with intense competition, the company has now achieved results and has realized profits for the second consecutive time.
According to the company's announcement on the exchange, Grab Holdings' revenue this year can reach $2.78 billion (about 12.311 billion ringgit), with adjusted EBITDA of $0.308 billion to $0.313 billion (1.364 billion-1.386 billion ringgit) before deduction of taxes and depreciation.
Founder and CEO Anthony Tan stated that the group's business gained strong growth momentum at the end of the year, expecting the total transaction value of on-demand services in the fourth quarter to continue to grow, thus raising revenue and EBITDA outlook for this fiscal year.
Although Grab's growth rate compared to the past few years...
During the overnight trading session in the US stock market, Grab rose by 3.55%, closing at $4.38; after announcing better-than-expected performance and strong performance guidance, the stock rose by 15% in after-hours trading, reaching as high as $5.04.
The company announced that all business segments saw revenue growth, driving a 17% year-on-year increase in revenue for the third quarter, to $0.716 billion (about 3.171 billion ringgit), surpassing the market's forecast of $0.697 billion.
After adopting a series of cost reduction and efficiency improvement measures to cope with intense competition, the company has now achieved results and has realized profits for the second consecutive time.
According to the company's announcement on the exchange, Grab Holdings' revenue this year can reach $2.78 billion (about 12.311 billion ringgit), with adjusted EBITDA of $0.308 billion to $0.313 billion (1.364 billion-1.386 billion ringgit) before deduction of taxes and depreciation.
Founder and CEO Anthony Tan stated that the group's business gained strong growth momentum at the end of the year, expecting the total transaction value of on-demand services in the fourth quarter to continue to grow, thus raising revenue and EBITDA outlook for this fiscal year.
Although Grab's growth rate compared to the past few years...
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GRAB is the dominant ride-hailing and food-delivery player in Southeast Asia. The platform provides a wide range of services, including ride-hailing for transportation, food delivery to satisfy cravings, as well as ventures into e-commerce and various fintech solutions. The company is expected to release Q3 2024 earnings report on 2024/11/11 ET after bell.
As the company's core business, deliveries accounted for over 50% of the revenue in Q1, ...
As the company's core business, deliveries accounted for over 50% of the revenue in Q1, ...
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Amazon for the win. This company still and will rule online shopping.
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$Microsoft (MSFT.US)$ microsoft ...Not very bullish ....
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$Microsoft (MSFT.US)$ Still going up, haha, not settling for Bill Gates.
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