SAN FRANCISCO, April 17, 2024 /PRNewswire/ -- Instacart (NASDAQ: CART) today announced it will report its first quarter 2024 financial results after market close on Wednesday, May 8, 2024. The company's first quarter 2024 Shareholder Letter will be available on Instacart's Investor Relations website at https://investors.instacart.com.Instacart management will also host a conference call to discuss the company's results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on Wednesday, May 8. To access a live ...

Klaus Vedfelt/DigitalVision via Getty ImagesInvestment summary My recommendation for Maplebear (NASDAQ:CART) is a buy rating. Based on the latest financials and customer cohort performance, I believe CART is going to see GTV growth acceleration that supports the current valuation. Importantly, management has now set its focus on further streamlining the business, which I expect will lower the cost structure, proving more room for margin to expand. Business Overview Maplebear (also known as Instacart) is ...

 SAN FRANCISCO, April 16, 2024 /PRNewswire/ -- Instacart (NASDAQ: CART), the leading grocery technology company in North America, today announced that Victoria Dolan, former CFO of Revlon, has joined the company's Board of Directors. Dolan is a seasoned financial expert and business leader with more than 30 years of experience in the consumer packaged goods (CPG) and retail industries. Separately, after years of dedicated service, Jeff Jordan, General Partner at Andreessen Horowitz, and Barry McCarthy, Pres ...

The future is in aisle five. Artificial intelligence-powered smart carts are rolling out in Big Apple supermarkets — and they do practically everything except cook the food. Instacart’s Caper Carts use AI to identify items, their price and the weight of produce — and allow shoppers to check out stress-free with a click on a touch screen. 5 Instacart’s Caper Cart uses artificial intelligence to automatically detect each product, its price and the weight of produce. Helayne Seidman“2024 is the new 2050,” o ...

Barron’s published an article on March 25 entitled “GameStop Stock Is Having Its Best Day Since Last Year. Earnings Are Tuesday.” As is evident from the headline, the article discusses GameStop’s (NYSE:GME) runup before its Q4 2023 earnings release. Like a lot of overrated stocks to sell, the hype didn’t match the reality. “Shares of GameStop were up 7.8% to $14.12 on Monday morning. If the gain holds through the close, it would be the stock’s largest percentage increase since Dec. 13, according to Dow Jone ...

NO-HEADQUARTERS/REDWOOD CITY, Calif., April 03, 2024 (GLOBE NEWSWIRE) -- PubMatic (NASDAQ:PUBM), an independent technology company delivering digital advertising's supply chain of the future, today announced a new partnership with Instacart (NASDAQ:CART) to leverage its first-party, retail media data off of Instacart in a privacy-compliant, scalable, and effective programmatic advertising solution via PubMatic's Convert. Mars will be one of the first brands to activate Instacart's retail media data with Pub ...

Today, Instacart works with more than 5,500 CPG brand partners to help them drive awareness, connect consumers with the products they love, and inspire consumers as they browse. Instacart is deeply committed to providing value for its brand partners, including delivering transparent measurement solutions. As part of this goal to provide trusted, standardized metrics, Instacart completed an in-depth, independent audit of its measurement for impression, click and viewability metrics. This was reviewed by an a ...

Shares of Wall Street newbie Maplebear Inc (NASDAQ:CART), or Instacart, are 3.2% higher at the open, following a bull note. Bernstein upgraded the food delivery and e-tail stock to "outperform" from "market perform" and hiked is price target by $13 to $43 -- a 21.6% upside to last night's close.Coming into today, the brokerage bunch was split nearly down the middle. Of the 17 covering brokerages, nine rated CART a "strong buy," while eight recommended a tepid "hold." This leaves the security open to even mo ...

Canseco's Market, Harps Foods and Price Chopper join more than 600 grocers using Instacart Storefront to power their e-commerce websites SAN FRANCISCO, March 6, 2024 /PRNewswire/ -- Instacart (Nasdaq: CART), the leading grocery technology company in North America, today announced new retailers using Instacart Storefront to power their e-commerce websites, including Canseco's Market, Harps Foods, and Price Chopper. Instacart Storefront is an easy and affordable way for grocers of all sizes to get online and ...

Table of Contents • our expectations regarding our share repurchase program; and Table of Contents Instacart is powering the future of grocery through technology. We partner with retailers to help them successfully navigate the digital transformation of their businesses. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 3 • our expectations concerning relationships with third parties; • the increased expenses associated with being a public company. In addition, statements that "we beli ...