Grab Holdings exceeds quarterly revenue expectations

Philips reported a 3% sales increase to €4.3 billion in Q3 2025, meeting analyst expectations. All segments showed growth, with North America performing particularly well. Adjusted EBITA reached €531 million, exceeding market forecasts, while free cash flow rose to €172 million. The company achieved €222 million in productivity savings this quarter. Growth was attributed to AI innovations and strategic partnerships. Personal Health saw the strongest segment performance with 10.9% sales growth. Despite challenges from tariffs, Philips maintained its full-year outlook while emphasizing continued focus on patient safety and sustainability goals.

Grab Holdings Limited exceeded Q3 2025 revenue expectations with $873 million, a 22% year-over-year increase. The company reported a net profit of $17 million (up 13.3%) and adjusted EBITDA of $136 million (up 51%). Following these strong results, Grab raised its full-year 2025 guidance, with deliveries remaining the largest revenue contributor at $465 million. CEO Anthony Tan emphasized continued focus on innovation and disciplined investment in financial services and autonomous vehicle opportunities.

Global markets showed mixed results on November 3rd, 2025, as investors analyzed China's economic data and U.S. dollar movements. Asian shares made small gains with Hong Kong's Hang Seng up 0.2% and China's CSI 300 rising 0.3%, as markets anticipated further policy support from Beijing. The dollar stabilized after falling on expectations of a dovish Federal Reserve, while the Japanese yen remained strong. Treasury yields declined slightly as investors expected the Fed to slow rate hikes. Oil prices held steady around $87 per barrel, and gold traded above $2,000. Markets await upcoming Chinese trade and inflation data and U.S. economic indicators for clearer direction.

Palantir Technologies has forecast Q4 2025 revenue between $4.396-$4.40 billion, exceeding analyst expectations of $4.14 billion. This growth is driven by increasing demand for AI solutions across both commercial and government sectors. The company's AI-powered data platforms continue to expand their market reach, leveraging advanced technologies similar to ChatGPT to provide enhanced data analytics capabilities.