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Grab (GRAB) Q1 2026 Earnings Call Transcript
Motley Fool129d agoneutral
Grab (GRAB) Q1 2026 Earnings Call Transcript

In Financial Services, loan disbursals grew 67% to exceed $1 billion for the first time, and we remain on track for our Financial Services segment to achieve adjusted EBITDA breakeven in the second half of this year. What truly sets our AI capabilities apart however, is the proprietary data foundation we spent the last 14 years building to power them. Today Grab operates as a system of record for local commerce across Southeast Asia.

Stocks advance, oil falls as traders eye US-Iran ceasefire
AFP129d agobearish
Stocks advance, oil falls as traders eye US-Iran ceasefire

European and US stocks advanced Tuesday as investors weighed first-quarter corporate earnings alongside uncertainty over the fragile US-Iran ceasefire. "First-quarter corporate earnings have largely been robust so far which has helped to sustain global equities despite the uncertain backdrop," said AJ Bell head of markets Dan Coatsworth.

Meta seeks to fend off EU order to allow rival AI chatbots on WhatsApp at hearing
Reuters129d agoneutral
Meta seeks to fend off EU order to allow rival AI chatbots on WhatsApp at hearing

Meta Platforms on Tuesday sought to stave off an imminent EU order to allow rival AI chatbots free access to its social ‌messaging site WhatsApp, as it presented its arguments to EU antitrust officials. Meta's request for ‌Tuesday's closed hearing came after the European Commission last month sent the tech giant an additional charge sheet outlining its plan. ​It is part of an interim measure while the EU enforcer continues its investigation into whether the company abuses its market power, which could result in a hefty fine.

$1,000 Invested in This 2016 IPO Would Be Worth $4,700 Today, Crushing the S&P 500
24/7 Wall St.129d agoneutral
$1,000 Invested in This 2016 IPO Would Be Worth $4,700 Today, Crushing the S&P 500

When SiteOne Landscape Supply (NYSE: SITE) hit public markets on May 12, 2016, it was a niche bet: the only national wholesale distributor in a deeply fragmented landscape supply industry. A decade later, that thesis has played out. SiteOne has rolled up local players at a relentless pace—completing eight acquisitions in fiscal 2025 alone—including Reinders, ... $1,000 Invested in This 2016 IPO Would Be Worth $4,700 Today, Crushing the S&P 500

Reuters129d agoneutral
Dutch quantum company QuantWare raises $178 million from Intel and others

Dutch quantum processor company QuantWare has raised $178 million in new ‌financing, including funding from Intel Capital, ‌it said on Tuesday, as Europe tries to keep up ​pace with tech leading companies from the U.S. and China. Quantum computers will make data processing considerably faster than via conventional computing, and the ‌sector could be ⁠worth trillions of dollars in the next decade, according to consultancy firm ⁠McKinsey. Along with Intel ​Capital, other companies ‌involved in the fundraising for QuantWare included IQT, ETF Partners, FORWARD.one and Invest-NL Deep Tech Fund.

Shopify Stock Slumps After Earnings. What Left the Market Wanting.
Barrons.com129d agobearish
Shopify Stock Slumps After Earnings. What Left the Market Wanting.

Shopify stock fell Tuesday after the e-commerce platform reported continued top-line growth but weak earnings in the first quarter. After including investment losses, Shopify swung to a loss of 45 cents a share in the quarter. Shopify stock fell 6.3% in premarket trading.

Ferrari Stock Falls After Earnings Beat. It Can’t Swerve the Iran War.
Barrons.com129d agobearish
Ferrari Stock Falls After Earnings Beat. It Can’t Swerve the Iran War.

Ferrari beat analysts’ earnings targets and stuck with its full-year guidance on Tuesday, even though the war in the Middle East disrupted deliveries over the first quarter. Ferrari shipped 3,436 cars over the first quarter, down 157 from the same period a year ago. Shipments for Europe, the Middle East, and Africa fell by 243 from a year ago to 1,458.

Palantir Had a Blowout Quarter. Its Stock Is Down Anyway.
The Wall Street Journal129d agoneutral
Palantir Had a Blowout Quarter. Its Stock Is Down Anyway.

Palantir Technologies reported record quarterly revenue and profit after yesterday’s close, but its shares fell more than 1% premarket. “The market has priced Palantir for perfection leaving little to no room for margin of error,” analysts at Benchmark Equity Research wrote Tuesday. Palantir has been dogged by its association with the software sector, which has been beset by worries that new AI tools will displace established products.