Maplebear Inc. (CART)
NASDAQ (NGS) NASDAQ (NGS) Primary 
Instacart and Uber Are Booming. Why Gig Economy Stocks Could Be Recession-Proof.
Uber and Instacart are thriving, and even the threat of a U.S. recession might not be enough to stop them.
Instacart Is Proving Its Mass Appeal, Buy Here
Shares of Instacart rallied nearly 10% after reporting very strong Q2 results. In particular, revenue growth accelerated to 15% y/y (from 9% growth in Q1), in part driven by strong advertising results. Instacart continues to emphasize affordability initiatives by integrating more grocers' loyalty programs and showcasing Flyers on its app.
Instacart shares surge on strong grocery delivery demand and advertising growth
Shares of Instacart rose more than 10% in premarket trading on Wednesday as strong demand for grocery delivery and promising signs of growth in its advertising business helped the company forecast an upbeat current quarter.
Maplebear Inc. (CART) Q2 2024 Earnings Call Transcript
Maplebear Inc. (NASDAQ:CART ) Q2 2024 Earnings Conference Call August 6, 2024 5:00 PM ET Company Participants Rebecca Yoshiyama - VP, IR, Capital Markets and Treasury Fidji Simo - CEO Emily Reuter - VP, Finance and Incoming CFO Conference Call Participants Colin Sebastian - Baird Eric Sheridan - Goldman Sachs Nikhil Devnani - Bernstein Justin Post - Bank of America Andrew Boone - JMP Securities Shweta Khajuria - Wolfe Research Ross Sandler - Barclays Bernie McTernan - Needham Jason Helfstein - Oppenheimer & Co. Mark Kelley - Stifel Ron Josey - Citi Michael Morton - MoffettNathanson Walter Piecyk - LightShed Partners Operator Good day and thank you for standing by. Welcome to Instacart's Second Quarter 2024 Financial Results Conference call.
Instacart Expands Services, Partners With Uber Eats to Integrate Restaurant Orders
On Tuesday (Aug. 6), Instacart announced an expansion of its service portfolio as part of its strategy to solidify its position in the online grocery market. The company has forged a new partnership with Uber Eats, enabling customers to order both groceries and restaurant meals through the Instacart app.
Instacart shares are rallying on a forecast boosted by restaurant orders
Shares of Maplebear Inc. — the online grocery-delivery company better known as Instacart — jumped after the company forecast a key demand metric that was above Wall Street's expectations on Tuesday, as it tries to partner with bigger retailers and bank on more restaurant orders through its app.
Instacart forecasts Q3 above estimates on higher fees, growing orders
Instacart forecast its third-quarter gross transaction value and core profit above Wall Street estimates on Tuesday, betting on higher transaction and advertisement fees and more orders on its online grocery delivery platform.
Albertsons Expands Instacart Partnership for Faster Pickup, Delivery Services
Instacart and Albertsons have updated their partnership for faster grocery deliveries across the U.S. The companies announced in a Wednesday (July 31) news release the launch of Instacart pickup services and Albertsons delivery for Albertson brands, including Safeway, Shaw's, Acme, Jewel-Osco, Randalls and Vons.
Instacart Stock Surges On $500 Million Stock Buyback Plan
Instacart parent Maplebear has board approval for $500 million in share repurchases, the company said. Instacart stock jumped.
Buy Instacart Stock, Says Analyst
Shares of Instacart (NASDAQ:CART) are 2.6% higher at $30.91 at last glance, following a bull note from Gordon Haskett.
Home Depot Teams With Instacart to Bolster eCommerce Offerings
Home Depot teamed with Instacart to offer customers same-day delivery on home improvement products. The partnership offers delivery in as fast as an hour from nearly 2,000 stores, according to a Thursday (May 23) press release.
Maplebear (CART) Loses -9.63% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
Maplebear (CART) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
