Welcome to this week’s edition of top stock market highlights.

Grab Holdings (NASDAQ: GRAB)

Grab recently released its first quarter of 2025 (1Q 2025) earnings and reported encouraging financial numbers and operating statistics. The ride-hailing company reported an 18.4% year-on-year increase in revenue to US$773 million, aided by broad-based year-on-year increases in revenue across its three divisions. Operating loss stood at US$21 million for 1Q 2025, but Grab reported a net profit of US$10 million for the quarter because of significantly higher finance income. The company generated a positive free cash flow of US$47 million for the quarter, reversing the negative free cash flow of US$25 million a year ago. Diving into each division’s performance, the Deliveries division, which is Grab’s largest, saw revenue climb 18% year on year to US$415 million. Gross merchandise value (GMV) increased by 16% year on year to US$3.1 billion. The Mobility division also did well, registering a 15% year-on-year increase in revenue to US$282 million, with...