To The Moon

CapitaLand India Trust reported an acquisition of 23,846 ordinary voting units by director Tan Soon Neo Jessica, at a consideration of S$0.9729 per unit.Disclaimer: This news brief was created by Public Technologies using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CapitaLand India Trust published the original content used to generate this news brief via Singapore Exchange Limited on March 02, 2026, and is solely responsible for the information contained therein.

Novo Nordisk said on Monday its experimental obesity drug CagriSema did not meet the primary endpoint in a trial designed to show it was non-inferior to competitor Eli Lilly’s Tirzepatide in reducing body weight.

0916 GMT - Grab's long-term story remains intact, Jefferies analysts say in a note. "One of Grab's key success factors is its hyperlocal execution strategy," to better serve the countries where it operates, they write. Multiple drivers are supporting Grab's target to hit $1.5 billion in adjusted Ebitda terms by 2028, including revenue growth from on-demand services driving margin expansion, declining corporate costs thanks to artificial-intelligence efficiency, and its financial services business expecting to break even by 2H 2026, they write. Taking into account Grab's 2025 earnings, Jefferies retains a buy rating on the stock but trims its target price to $6.70 from $7.00. Key risks to their target price include intensifying competition and macroeconomic factors, they add. Shares last closed at US$4.27.

Grab forecast fiscal 2026 revenue below Wall Street expectations.

Space stocks rallied in overnight trading with Virgin Galactic up over 8%; Sidus Space up over 5%; Intuitive Machines up over 3%; Rocket Lab, Redwire, DXYZ up over 2%.AI application software stocks rose in overnight trading. AppLovin up over 5%; Unity, Palantir up over 2%.