GRAB Stock Recent News

Singapore-based Grab's plan to acquire Indonesia's GoTo to create a dominant Southeast Asian ride hailing and food delivery company has run into regulatory hurdles, three sources said, casting a cloud over a potential deal.

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.

ANCHORAGE, Alaska , June 16, 2025 /PRNewswire/ - U.S. GoldMining Inc. (NASDAQ: USGO) ("U.S. GoldMining" or the "Company") is pleased to provide further details regarding high priority exploration targets located at the Muddy Creek area of its 100% owned Whistler Gold-Copper Project (the "Whistler Project" or the "Project") in Alaska, U.S.A. The evaluation of exploration targets on the Project is running concurrently with the previously announced initial assessment under U.S. Regulation S-K 1300 ("S-K 1300") and a preliminary economic assessment ("PEA") under Canadian National Instrument 43-101 ("NI 43-101"), which the Company continues to advance.

I reiterate my Strong Buy on Grab, viewing the recent share price pullback as an excellent entry point for investors. The $1.25bn convertible note likely signals Grab's preparation for a major acquisition, potentially GoTo, despite official denials. A Grab-GoTo merger, with Indonesia's sovereign wealth fund involvement, could mitigate Indonesian gov's concerns about Grab, a SG headquartered company, taking over its country's largest tech company.

Through three major deals, PROP has built a decade-long drilling inventory in Colorado's DJ Basin.

Recently, Zacks.com users have been paying close attention to Grab (GRAB). This makes it worthwhile to examine what the stock has in store.

SINGAPORE--(BUSINESS WIRE)--Grab Holdings Limited (NASDAQ: GRAB) today provided a trading update reporting certain operating metrics for the months of April and May 2025 as follows: Growth in our on-demand GMV and in the number of rides for the months of April and May 2025 remained robust in spite of macroeconomic uncertainties. Our Indonesian business continued to witness sequential growth in both metrics over the months of April and May 2025 as we executed on our focus of driving affordabilit.

Newly-launched sovereign wealth fund Danantara Indonesia is in early talks with GoTo to get a piece of U.S.-listed rival Grab's potential buyout of the ride-hailing and food delivery firm, Bloomberg News reported on Friday.

The GRAB/GoTo Acquisition is likely to happen at some point and this will change the dynamic of the Southeast Asian market. There's no argument against the fundamentals massively improving year-on-year. My profit target for GRAB remains above $8 based on very conservative assumptions.

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.