Posted by UlarSawa > 2023-05-18 15:43 | Report Abuse

U.S. stocks rose sharply on Wednesday, fueled by optimism over a potential deal on the $31.4 trillion federal debt ceiling and as a rebound in regional bank shares eased concerns about an escalation in the sector's troubles.

President Joe Biden and top U.S. congressional Republican Kevin McCarthy on Wednesday reiterated their determination to strike a deal soon to raise the debt ceiling and avoid an economically catastrophic default.

If an agreement is not reached by June 1, the U.S. Treasury has said it could begin to run out of funds to pay the government's bills, potentially igniting a recession.

A jump in regional bank shares lifted sentiment, led by a 10.19% surge in Western Alliance Bancorp a day after the bank said deposits grew by more than $2 billion in the quarter ended May 12.

Posted by UlarSawa > 2023-05-18 16:19 |

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Posted by Mikecyc > 2023-05-18 16:26 |

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Posted by UlarSawa > 2023-05-18 19:22 | Report Abuse

May 18 (Reuters) - Grab Holdings Ltd beat first-quarter revenue estimates on Thursday, driven by growth in its core rideshare and food-delivery businesses.

Revenue more than doubled to $525 million in the quarter ended March, inching past analysts' estimate of $504.3 million, according to Visible Alpha.

While Grab shares dropped more than 3% in premarket trading.

Posted by Mikecyc > 2023-05-18 20:41 |

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Posted by Mikecyc > 2023-05-18 21:10 |

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Posted by UlarSawa > 2023-05-18 21:34 |

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Posted by qqq47660 > 2023-05-18 21:49 | Report Abuse

Grab grab can make money meh?

Posted by qqq47660 > 2023-05-18 21:50 | Report Abuse

Look at charts of smic and huahong....if timing correct can make lots of money

Posted by qqq47660 > 2023-05-18 21:52 | Report Abuse

Where is sslee? Chinese ev taking over the world....byd, geely and gac big winners

Posted by qqq47660 > 2023-05-18 21:54 | Report Abuse

Byd geely with zeekr and gac with zeon is so far ahead of competition it's ridiculous

Posted by qqq47660 > 2023-05-18 21:55 | Report Abuse

While intel even tsmc dies, Chinese chips smic and huahong doing well...biden sanctions back fires

Posted by Mikecyc > 2023-05-18 22:23 |

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Posted by UlarSawa > 2023-05-18 22:46 |

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Posted by Mikecyc > 2023-05-18 23:42 |

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Posted by UlarSawa > 2023-05-18 23:58 |

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Posted by qqq47660 > 2023-05-19 00:06 | Report Abuse

Nobody ever buys shares and hopes it go down after purchase....so don't say it go down so u can buy more

Posted by i3lurker > 2023-05-19 00:40 | Report Abuse

Grab dropped coz 1Q23 results showed confirmed future impairment due to reduction in partner and customer incentives.

Cut incentives and cut advertising means cut kuku means Grab in future 100% sure die.
Thats why most investors dumped Grab immediately.
Investors dumped huge drop of 12% due to Grab bleak future.

Posted by Income > 2023-05-19 05:20 | Report Abuse

Ohhh Ular, you Sifu i3 lurker said why Grab prices were dropping…
Ular Sifu i3 lurker very Panlai ahhhh.




Posted by i3lurker > May 19, 2023 12:40 AM | Report Abuse

Grab dropped coz 1Q23 results showed confirmed future impairment due to reduction in partner and customer incentives.

Cut incentives and cut advertising means cut kuku means Grab in future 100% sure die.
Thats why most investors dumped Grab immediately.
Investors dumped huge drop of 12% due to Grab bleak future.

Posted by Mikecyc > 2023-05-19 05:50 |

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Posted by Sslee > 2023-05-19 06:01 | Report Abuse

静而不争,得之我幸,失之我命,万事随缘。
Sold some of my Insas to buy Petronm.

Posted by Mikecyc > 2023-05-19 06:23 |

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Posted by StartOfTheBull > 2023-05-19 06:29 | Report Abuse

Copycat SSlee. Hahaha

Posted by UlarSawa > 2023-05-19 07:55 |

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Posted by UlarSawa > 2023-05-19 08:00 |

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Posted by UlarSawa > 2023-05-19 08:03 | Report Abuse

Dow Jones

2023-05-19 03:15

Grab Holdings
2.745
-14.75%

Grab Holdings Limited Class A (GRAB) is currently at $2.67, down $0.55 or 16.93%


--Would be lowest close since Nov. 10, 2022, when it closed at $2.67

--On pace for largest percent decrease since March 3, 2022, when it fell 37.28%

--Currently down three of the past five days

--Down 8.08% month-to-date

--Down 16.93% year-to-date

--Down 84.32% from its all-time closing high of $17.06 on Nov. 11, 2021

--Down 14.81% from 52 weeks ago (May 19, 2022), when it closed at $3.14

--Down 32.62% from its 52-week closing high of $3.97 on Jan. 17, 2023

--Up 15.8% from its 52-week closing low of $2.31 on Oct. 24, 2022

--Traded as low as $2.67; lowest intraday level since March 24, 2023, when it hit $2.65

--Down 17.08% at today's intraday low; largest intraday percent decrease since Aug. 25, 2022, when it fell as much as 17.22%


All data as of 3:13:05 PM ET


Source: Dow Jones Market Data, FactSet

Posted by Income > 2023-05-19 08:08 | Report Abuse

You all see Sslee, said Insas is worth keeping for long term. Bla bla bla… Now his true colours already shown here… he sold a few Insas to buy Petronm. Haha Insas 29 top shareholders acting no much confidence in Insas???
DO NOT JUDGE A PERSON BASED ON HIS WORDS. YOU JUDGE A PERSON BASED ON HIS ACTIONS…

Posted by Sslee > May 19, 2023 6:01 AM | Report Abuse
静而不争,得之我幸,失之我命,万事随缘。
Sold some of my Insas to buy Petronm.

Posted by UlarSawa > 2023-05-19 08:21 |

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Posted by Mikecyc > 2023-05-19 08:26 |

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Posted by Mikecyc > 2023-05-19 08:28 |

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Posted by StingRay > 2023-05-19 08:28 | Report Abuse

Hahaha... Mikey cannot sleep ke? Feeling the heat after being revealed your lies and con. Cut and paste and post so many times ke? And then accused me of seeking attention? Who? You or me? Yesterday, I have a good evening and night with family and friends. While you were frantic spewing garbage trying to act as if you were smart and desperately seeking attention. Your actions speak louder than your words. Hahaha.

Posted by StingRay > 2023-05-19 08:28 | Report Abuse

One JSB enough to make more than your three PA, JKGLand and RGTech. I don't even need to promote. Unlike you... Ang pow lah. Casio King lah. Lose until naked? Who? You kah? Hahaha.
Zelan is only 0.03 now. Call others to buy so you can sell. Pity those get con by you. What a con man. Hahaha

Posted by StingRay > 2023-05-19 08:28 | Report Abuse

The 27 Jul 2023 getting closer. Mikey, you better use all your tricks to convince others to help you push that 3 counters up loh. PA, JKGLand and RGTech. Don't con others like Zelan. You can keep repeating by cutting and pasting all your others comments. But that will not change the fact that you are still behind.
Now I understand why you keep posting many comments. Just to push others comments away that reveal your con. Hahaha.

Posted by StingRay > 2023-05-19 08:30 | Report Abuse

Good morning Ular. No need to keksim lah.

Posted by UlarSawa > 2023-05-19 08:32 |

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Posted by StingRay > 2023-05-19 08:35 | Report Abuse

Yeah, down a lot. I don't play koboi so would not be able to comment much on this. Just wish and hope you make lots of profit from koboi.

Posted by UlarSawa > 2023-05-19 08:37 |

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Posted by StingRay > 2023-05-19 08:38 | Report Abuse

And I think i3lurker has a point. You may want to look deeper on that.

Posted by UlarSawa > 2023-05-19 08:39 |

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Posted by StingRay > 2023-05-19 08:42 | Report Abuse

All the best to you.

Posted by UlarSawa > 2023-05-19 08:42 |

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Posted by StartOfTheBull > 2023-05-19 08:47 | Report Abuse

SSlee sells Insas, today limit down.