|
|
|
|
|||||
|
|
|
Investors continued to be impressed by a deepening partnership between Grab and an autonomous vehicle tech partner.
As the week kicked off, they were also encouraged by apparent progress in U.S.-China trade negotiations.
Asia-based delivery service provider Grab Holdings (NASDAQ: GRAB) continued to deliver for investors on Monday. Notching another day of gains, the company's shares closed nearly 5% higher.
That was on the back of lingering optimism about a partnership with an autonomous driving company, and apparent progress in top-level trade negotiations between Chinese and U.S. government officials. Grab's Monday pop trounced the S&P 500 index, which inched up by 1.2%.
Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks »
As last week came to a close Grab announced that it and May Mobility, a developer of self-driving automotive solutions, were deepening their existing partnership. The two will combine to roll out autonomous vehicle services throughout Grab's home region of Southeast Asia.
Image source: Getty Images.
What's more, May Mobility will invest capital in its partner, although neither an exact financial amount nor resultant shareholding was disclosed.
Compounding that, negotiators from the U.S. and Chinese governments reported significant progress in their talks aimed at reaching deals on bilateral trade (including, one hopes, tariffs). If accurate, these could set the stage for President Trump and Chinese leader Xi Jinping to possibly ease the currently escalating trade dispute between the two countries.
While Grab is based in Singapore and not China, any improvement in America's trade stance on the massive Asian country is sure to benefit business on the continent as a whole. This plus the exciting autonomous vehicle news is giving investors solid reasons to invest in the stock; we'll see how those trade talks in particular turn out.
Ever feel like you missed the boat in buying the most successful stocks? Then you’ll want to hear this.
On rare occasions, our expert team of analysts issues a “Double Down” stock recommendation for companies that they think are about to pop. If you’re worried you’ve already missed your chance to invest, now is the best time to buy before it’s too late. And the numbers speak for themselves:
Right now, we’re issuing “Double Down” alerts for three incredible companies, available when you join Stock Advisor, and there may not be another chance like this anytime soon.
*Stock Advisor returns as of October 27, 2025
Eric Volkman has no position in any of the stocks mentioned. The Motley Fool recommends Grab. The Motley Fool has a disclosure policy.
| Oct-27 | |
| Oct-27 | |
| Oct-24 | |
| Oct-23 | |
| Oct-23 | |
| Oct-22 | |
| Oct-19 |
Vietnams love affair with gas bikes is colliding with a new electric reality
GRAB
Associated Press Finance
|
| Oct-17 | |
| Oct-17 | |
| Oct-16 | |
| Oct-16 | |
| Oct-10 | |
| Oct-08 | |
| Oct-07 | |
| Oct-06 |
Join thousands of traders who make more informed decisions with our premium features. Real-time quotes, advanced visualizations, backtesting, and much more.
Learn more about FINVIZ*Elite