Caper Carts - Instacart's AI-powered smart carts - will roll out at select McKeever's and Price Chopper stores in Missouri SAN FRANCISCO and KANSAS CITY, Kan., June 25, 2024 /PRNewswire/ -- Instacart (Nasdaq: CART), the leading grocery technology company in North America, and Price Chopper and McKeever's Market & Eatery today announced that Caper Carts, Instacart's AI-powered smart carts, are now available at select stores in Missouri. Caper Carts make shopping an adventure by allowing customers to effortle ...

SAN FRANCISCO and DENTON, Texas, June 18, 2024 /PRNewswire/ -- Sally Beauty, the leading professional hair color and care retailer under Sally Beauty Holdings, Inc. (NYSE: SBH), and Instacart (NASDAQ: CART), the leading grocery technology company in North America, today announced a nationwide partnership to offer same-day delivery in as fast as an hour from more than 2,200 Sally Beauty store locations across the country. Customers can now select from over 7,000 products, including hair color, hair care prod ...

SAN FRANCISCO and CANNES, France, June 17, 2024 /PRNewswire/ -- Instacart (Nasdaq: CART), the leading online grocery platform in North America, today announced that it is extending its first-party retail media data to YouTube, driving even more shoppable reach for its advertisers. Select brand partners will be able to inspire and convert consumers watching YouTube directly to purchase for same-day delivery. The new capability builds on Instacart's successful Instacart-powered Google Shopping Ads collaborati ...

A recent floor at the $30 level helped keep Instacart stock's recent pullback in check. The equity still has a lot of ground to make up in order to reach its initial public offering (IPO) debut that saw it touch an intraday high of $42.95, but CART still boasts in impressive 32.1% year-to-date lead. Shares of Instacart (NASDAQ:CART) are 2.6% higher at $30.91 at last glance, following a bull note from Gordon Haskett. The analyst upgraded CART to "buy" from "hold," citing the security's overdone selloff and u ...

"Our brick-and-mortar stores are foundational to The Home Depot, and expanding our eCommerce capabilities is a key part of our ongoing efforts to deliver a seamless interconnected experience," Jordan Broggi, president of the retailer's online business, said in the release. "By supplementing our existing same-day and next-day delivery options on homedepot.com with Instacart's fast and convenient shopper experience, we're increasing flexibility for our customers to meet them no matter how they choose to shop. ...

The world's largest home improvement retailer now offers delivery in as fast as an hour SAN FRANCISCO and ATLANTA , May 23, 2024 /PRNewswire/ -- Instacart (Nasdaq: CART), the leading grocery technology company in North America, and The Home Depot (NYSE: HD), the world's largest home improvement retailer, today announced a nationwide partnership to offer same-day delivery in as fast as an hour from nearly 2000 store locations. Customers can now order a wide range of home improvement items on Instacart's plat ...

Over the past three months, Viant Technology's consensus EPS estimate for the current year has increased 58.5%. The stock currently has a Zacks Rank #2 (Buy). To break things down more, Maplebear belongs to the Technology Services industry, a group that includes 173 individual companies and currently sits at #56 in the Zacks Industry Rank. This group has gained an average of 15.9% so far this year, so CART is performing better in this area. Viant Technology is also part of the same industry. Maplebear and V ...

Guide to Identifying Oversold Stocks We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator that measures the speed and change of price movements. Maplebear (CART) has been beaten down lately with too much selling pressure. While the stock has lost 9.6% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to rep ...

Summary of Key Points Core Viewpoint - The gig economy sector, represented by Uber, Lyft, DoorDash, and Maplebear, is experiencing a complex situation with mixed earnings results, leading to varied stock performances [1]. Uber - Uber reported solid quarterly results but experienced weakness in bookings, causing a significant drop in stock price post-earnings, raising concerns about cash-strapped consumers [2]. - Despite the recent decline, there is a bullish outlook on Uber due to its growing profits and cash flow, though investors are advised to monitor affordability issues [2]. Lyft - Lyft had a strong quarter with higher-than-expected bookings, indicating a more competitive position against Uber, which has been losing market share [2]. - The stock price increased following earnings, and there is optimism regarding CEO David Risher's management and the potential for continued stock performance [2]. DoorDash - DoorDash's quarterly results were decent, but weakened guidance led to a significant stock decline [2]. - The company is viewed as deserving of the benefit of the doubt as it invests in growth, but performance may remain unpredictable until earnings improve [2]. Maplebear - Maplebear's quarterly report was impressive, but there is hesitation in recommending the stock due to uncertainty in the grocery delivery landscape [2]. - The competitive threat from Amazon in the grocery delivery sector raises concerns about the viability of competing with such a dominant player [2].

SAN FRANCISCO, May 13, 2024 /PRNewswire/ -- Instacart (NASDAQ: CART) today announced that Emily Reuter, CFO, will participate in a fireside chat at the J.P. Morgan Global Technology, Media and Communications Conference on Monday, May 20, 2024 at 10:40 AM ET. An audio webcast of the event will be available on Instacart's Investors Relations website at https://investors.instacart.com/. About Instacart Maplebear Inc. dba Instacart, the leading grocery technology company in North America, works with grocers and ...