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 ...

CNBC's Jim Cramer on Monday provided his take on four major stocks in the gig economy sector: Uber, Lyft, DoorDash and Instacart parent Maplebear. "After hearing from all of these companies, what I see is a confusing situation: Uber, DoorDash and Instacart are all lower after earnings, while Lyft managed to gain a bit of ground," he said. "But the reality's a lot more complicated than that." Uber, Lyft, DoorDash and Maplebear did not immediately respond to a request for comment. Uber: Cramer said Uber's rec ...

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 ...

Cash Flows from Investing Activities For the three months ended March 31, 2023, net cash provided by investing activities was $42 million, comprised primarily of maturities of marketable securities of $51 million, partially offset by purchases of property and equipment, including capitalized internal-use software of $9 million. Table of Contents For the three months ended March 31, 2024, net cash used in financing activities was $750 million, comprised primarily of repurchases of common stock of $715 millio ...

Maplebear Inc. (NASDAQ:CART) Q1 2024 Earnings Conference Call May 8, 2024 5:00 PM ET Rebecca Yoshiyama - Vice President, Investor Relations, Capital Markets and Treasury Fidji Simo - Chief Executive Officer Nick Giovanni - Chief Financial Officer Emily Reuter - Vice President, Finance and Incoming Chief Financial Officer Eric Sheridan - Goldman Sachs Nikhil Devnani - Bernstein Ross Sandler - Barclays Jason Helfstein - Oppenheimer Doug Anmuth - JPMorgan Michael Morton - MoffettNathanson Andrew Boone - JMP Se ...