Grab Holdings Ltd (GRAB): Hedge Funds Are Bullish On This US Stock to Buy Under $5 Now [Yahoo! Finance]
Grab Holdings Limited (GRAB)
Company Research
Source: Yahoo! Finance
Investors are becoming increasingly nervous amid a slowing U.S. economy. Signs of weakness in consumer spending and manufacturing points to an economy that is overheating amid the high interest rate environment In August, nonfarm payrolls grew by 142,000, an increase from 89,000 in July but short of the 161,000 forecast. The unemployment rate decreased to 4.2%, while the “real” unemployment rate climbed to 7.9%, the highest since October 2021. According to Dan North, an economist at Allianz Trade, the recent string of economic data has been disappointing, signaling something is wrong. A slowing economy always takes a significant toll on investors sentiments in the equity market. The slowdown comes when the stock market is at a pivotal level heading into the year-end. The leading market indices are hovering close to all-time highs amid a slowing economy that needs the U.S. Federal Reserve to tweak its monetary policy. The earnings season has also added another caveat seen by i
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GRAB
News
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- Europe Online Food Delivery Market Forecast Report and Company Analysis 2024-3032, Featuring Delivery Hero, Grab Holdings, Uber Technologies, Roofoods, Yum! Brands, DoorDash and Zomato [Yahoo! Finance]Yahoo! Finance
GRAB
Earnings
- 8/15/24 - In-Line
GRAB
Sec Filings
- 9/11/24 - Form 144
- 9/9/24 - Form 144
- 9/4/24 - Form 144
- GRAB's page on the SEC website