Guidance is gone and the earnings call is cancelled: Instacart is now a deal story, with DoorDash acquiring it in a cash-and-stock transaction valued near $17 billion. Revenue beat expectations while EPS came in missing expectations, and merger arithmetic now drives the stock.
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Uber Climbs 7% Despite Soft Profit Outlook as Delivery Strength Shines; Lyft Jumps 11%, DoorDash Gains 7%
A strong delivery quarter at Uber Technologies (NYSE:UBER | UBER Price Prediction) is lifting the whole ride-hailing and delivery group. Uber shares are trading at $71.43 this morning, up 7%. The company…
Out of 993 Million DoorDash Orders, AI Agents Only Placed a Few Hundred
DoorDash just revealed exactly how many dinner orders AI agents have placed through its platform, and the number exposes a striking gap between Wall Street's fears and what customers are actually doing.
Buy, Sell, or Hold? Today’s Top Upgrades and Downgrades: Boston Scientific, DoorDash, GE Vernova, Honeywell Aerospace, Incyte. Intel, Reddit, Rivian Automotive, and More
Pre-Market Stock Futures: Futures are trading lower this Friday, with the Nasdaq down almost 2.5% after a spooky day yesterday, as all major indices ended lower and most on Wall Street pointed…
DoorDash Is Close to Buying Instacart for $17 Billion After Uber Walked Away
Uber walked away, DoorDash stepped in, and now Instacart shareholders are watching their stock climb while DoorDash investors are bailing out fast, raising a real question about who actually wins in this…
Instacart Parent Maplebear Agrees to $5 Million Joint Settlement. A Retiree’s Back-Pay Check Could Complicate Social Security
A settlement check from a job you never got sounds like a windfall, but for a retiree already collecting Social Security, that payment can trigger a tax chain reaction that reaches far…
Instacart Is Exploring a Sale, and Uber and DoorDash Are Circling
Instacart's stock surged after reports that grocery delivery's biggest rivals are circling the company for a potential acquisition, but one named buyer has already walked away and the other carries serious antitrust…
Meta’s Muse Just Put Instacart’s Grocery Empire on Notice
Meta's new AI shopping agent is rattling Instacart investors, but the real threat may not be the one the market is pricing in right now.
Should You Buy the Instacart Dip Even After Costco Just Let DoorDash In?
Costco just handed DoorDash a new same-day delivery deal, and Instacart shareholders took the hit, but the sell-off may have punished the wrong narrative entirely.
Here Are Friday’s Top Wall Street Analyst Research Calls: Baker Hughes, Etsy, HubSpot, Instacart, JetBlue, Roku, SpaceX, Tower Semiconductor, Trade Desk, and More
Wall Street analysts reshuffled their ratings on Friday with some bold calls that could move money fast, including a dramatic target cut on Trade Desk and a fresh Buy on SpaceX as…
Uber and DoorDash Drivers Think They Have No 401(k). The IRS Lets Them Build a $72,000 One but Almost Nobody Does
If you drive for Uber (NYSE:UBER | UBER Price Prediction), deliver for DoorDash (NASDAQ:DASH), or shop for Instacart (NASDAQ:CART), you almost certainly get a 1099-NEC at year-end and no benefits package. That…
Raymond James Just Upgraded Instacart to Outperform: Is the Grocery Delivery War Finally Turning in Its Favor?
Instacart (NASDAQ:CART | CART Price Prediction), also known as Maplebear, got a meaningful vote of confidence Thursday morning when Raymond James upgraded the grocery technology platform to Outperform and set a price…
Here Are Thursday’s Top Wall Street Analyst Research Calls: Alcoa, AppLovin, Circle Internet, CoreWeave, Datadog, Marvell Technology, Netflix, Texas Instruments, and More
Pre-Market Stock Futures: Futures are trading lower this morning, as many on Wall Street feel the temporary ceasefire may be just that. But what a difference a day can make. After it…
Here Are Monday’s Top Wall Street Analyst Research Calls: Analog Devices, CrowdStrike, Expedia, Instacart, Live Nation, Qualcomm, Seagate, Starbucks, and More
Pre-Market Stock Futures: Futures are trading higher as shell-shocked traders and investors return to a holiday-shortened trading week, where all the major indices are approaching or already in correction territory (down 10%).…
Instacart, Booking, and Grindr: Three Platform Plays Investors Are Sleeping On
Three platform businesses are quietly putting up numbers that would make most growth investors jealous. The market hasn’t noticed yet. Instacart (NASDAQ:CART | CART Price Prediction), Booking Holdings (NASDAQ:BKNG), and Grindr (NYSE:GRND)…
Wall Street Loves Nike, NVIDIA and Instacart
It’s always a good idea to keep track of analysts’ stock upgrades. Often, they’re influenced by (1) company fundamentals, such as financial health, future growth, and even meetings with management; (2) industry…