CART Stock Recent News

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.

The S&P 500 has shown remarkable strength in 2024, largely driven by the tech sector's robust performance, especially companies benefiting from the surging demand in artificial intelligence (AI). Despite ongoing concerns about inflation and the possibility of high interest rates, the index is up 10% year-to-date.

Instacart and Associated Wholesale Growers (AWG) have expanded their partnership to offer eCommerce and same-day delivery solutions to AWG's member retailers.  This extended collaboration will simplify members' access to Instacart's grocery technology suite, including its artificial intelligence (AI)-powered smart carts called Caper Carts, the companies said in a Monday (March 25) press release.

Shares of Wall Street newbie Maplebear Inc (NASDAQ:CART), or Instacart, are 3.2% higher before the open following a bull note.

George Tsilis shares insights into the new collaborative effort to combat food insecurity in the U.S. by Instacart & Quest Diagnostics. #investing #trading #finance #stocks #global #equities #markets #stockmarket #stockmarkettoday

The consensus price target hints at a 29.1% upside potential for Maplebear (CART). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

CFRA has a sell rating and a $21 price target on Instacart (CART). Arun Sundaram and Seema Shah discuss Instacart as it began publicly trading in September 2023.

Instacart (CART) is lower after missing revenue and announcing layoffs. Renita Young discusses this as Instacart also announced the departure of the COO.

Instacart (NASDAQ: CART ) announced Tuesday it plans to lay off about 250 employees, amounting to roughly 7% of its workforce, as part of a restructuring effort. So, what do you need to know about Instacart layoffs?

Instacart (NASDAQ:CART), the food delivery company, saw shares tumble over 7% on Wednesday despite analysts claiming its performance would begin to silence some of the criticism it received since listing. In its fourth-quarter update, Instacart (NASDAQ:CART) said its gross transaction volume re-accelerated and would continue to grow in the first quarter of the new financial year.