$GRAB

Insiders at Credo (CRDO), Seagate (STX), General Dynamics (GD), Grab (GRAB), and Kroger (KR) executed notable trades. Credo's CLO sold $925K shares, Seagate's CTO sold $8.2M, GD's director sold $2.6M, Grab's CEO bought $30M, and Kroger's director sold $4.4M.

Grab Holdings (NASDAQ:GRAB) agreed to buy a 60% stake in Atome Financial for $1.49 billion, with plans to acquire the remaining 40% later. Atome operates in Southeast Asia, offering lending products. Grab expects the deal to boost its Financial Services segment, targeting $500 million in adjusted EBITDA and a $6 billion loan portfolio by 2028. The acquisition aims to accelerate Grab's expansion in consumer lending, but the total cost is uncertain and depends on Atome's performance.

Grab CEO Anthony Tan bought 10.4 million shares for $29.9 million, his first purchase since the IPO, following a 50% stock decline. COO Alex Hungate also bought shares. Grab's stock has fallen despite positive financials and acquisitions, like Atome Financial. Analysts maintain buy ratings with targets of $5.55-$6.50. Uber's stake sale overhang and share repurchase plans are also factors.

Singapore Exchange's SDR program for US stocks (Grab, Sea, SpaceX) sees low trading volumes ($2.3M for SpaceX, $24M for Grab/Sea) since July, struggling to compete with US markets. SGX aims to offer Asian-hour access, but low liquidity and investor unfamiliarity pose challenges. Nasdaq and NYSE plan 24-hour trading. Grab, Sea, and SpaceX declined to comment.

Grab faces regulatory risks as Indonesia and Vietnam review its commission rates, which could impact earnings. Higher oil prices and competition from Sea Limited (SE) are also challenges, with Grab spending $706 million on incentives in Q2 2026. Grab's acquisition of Atome for $1.49 billion raises concerns about its exposure to the lending business.

Uber (NYSE:UBER) has no plans to acquire the rest of Grab (NASDAQ:GRAB), according to its amended beneficial ownership filing. Uber owns 13.5% of Grab, but Grab's dual-class share structure limits Uber's voting power. Uber is focused on its pending €12.7 billion acquisition of Delivery Hero. Grab reported H1 2026 revenue of $1.95 billion, up 23% year over year.

Grab executives bought over $30 million in shares after the stock fell to a 3-year low following its acquisition of Atome Financial. The company's shares dropped 50% over the past year and hit $2.74 on Friday. Grab plans to buy back $900 million in shares over the next 12 months. The stock rose 8.9% on Tuesday after the executive purchases.

Jaguar Health (JAGX) surged 1190.64% after FDA fee waivers. IONQ (IONQ) rose 0.57% on quantum computing breakthrough. Viking Therapeutics (VKTX) gained 35.67% on positive trial results. Xanadu Quantum (XNDU) fell 21.57% post-IPO lockup expiry. Grab Holdings (GRAB) climbed 8.93% after executive stock purchases.

Lennar rose 4% after Berkshire Hathaway bought 2.7M shares. Amgen gained 3% on positive trial results. Grab Holdings jumped 7% after CEO's share purchase. Capri rose 7% amid potential buyout talks. Shopify gained 7% with Meta AI integration. Quest Diagnostics and Labcorp dropped 5.3% and 3.6% on Medicare payment changes. Vicor rallied 14% on strong Q3 guidance. On Holding jumped 10% on new financial targets. GameStop gained 4% after CEO's share purchase.

US futures are flat after a strong prior session, with tech and chipmakers advancing. Alibaba (BABA) rises 3% on AI chip launch. GameStop (GME) +4%, Grab (GRAB) +6%, Quest Diagnostics (DGX) -6%, Vicor (VICR) +9%, Viking Therapeutics (VKTX) +32%. Oil drops after Iran's Hormuz proposal. Treasury yields fall to 4.93%. Trump's UN address awaited.