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NYSE:DIDI 29 March 2026

Grab Holdings’ $600 Million Foodpanda Taiwan Deal Faces Fresh Scrutiny Over Uber Stake

Grab Holdings’ $600 Million Foodpanda Taiwan Deal Faces Fresh Scrutiny Over Uber Stake

Grab said Uber’s voting rights are below 4% as Taiwan regulators review its $600 million bid for Foodpanda Taiwan. The deal would mark Grab’s first expansion outside Southeast Asia, with closing expected in late 2026 and full migration to the Grab app by early 2027. Taiwan’s Fair Trade Commission is focusing on “actual control” and potential market abuse. Foodpanda Taiwan handled $1.8 billion in orders in 2025.
29 March 2026
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Stock Market Today

  • The Progressive Corp. Shares See Unexpected Movement at $194
    May 15, 2026, 11:42 AM EDT. The Progressive Corporation (NYSE: PGR), a leading insurance holding company, experienced unexpected price action, with shares declining by 0.89% to $194. The firm offers various insurance products including personal and commercial auto, residential and commercial property, and specialty property-casualty insurance. This movement has drawn significant attention from investors watching the insurance sector closely.

Latest articles

Dow Jones Live: Dow Slides as Yield Shock Hits Wall Street’s AI Rally

Dow Jones Live: Dow Slides as Yield Shock Hits Wall Street’s AI Rally

15 May 2026
The Dow Jones Industrial Average fell below 50,000 on Friday, dropping 0.87% to 49,626.62 as Treasury yields climbed and oil prices neared $109 a barrel. Nvidia, AMD, and Intel shares dropped sharply, pulling the Nasdaq down 1.63%. Markets increased bets on a Fed rate hike in December after inflation data showed energy-driven price gains.
Tesla Stock Drops Today as China FSD Hopes Stall After Trump-Xi Summit

Tesla Stock Drops Today as China FSD Hopes Stall After Trump-Xi Summit

15 May 2026
Tesla shares dropped 3.7% Friday after President Trump left Beijing without securing Chinese approval for the company’s Full Self-Driving software. U.S. executives, including Elon Musk, departed the summit with little clarity on regulatory gains. Tesla’s China-made EV sales rose 36% in April, but analysts warn delays in FSD approval and competition from local rivals could limit growth.
Rivian Stock Gets a $3.4 Billion Robotics Twist as R2 EV Test Looms

Rivian Stock Gets a $3.4 Billion Robotics Twist as R2 EV Test Looms

15 May 2026
Mind Robotics, spun out of Rivian, raised $400 million in a round led by Kleiner Perkins, valuing the company at $3.4 billion. The startup uses production data from Rivian’s factories to train industrial robots. Rivian shares traded at $13.96, down 56.5 cents, with a market value of $17.4 billion. Rivian began deliveries of its R2 SUV, targeting 62,000 to 67,000 units in 2026.
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