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Wedbush downgraded Maplebear Inc., the parent of Instacart (NASDAQ:CART), to Underperform from Neutral, saying Amazon’s push into same-day perishable grocery delivery has sharpened competition and ...
Shares of online grocery delivery platform Instacart (NASDAQ:CART) fell 3.8% in the morning session after Wedbush downgraded ...
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Instacart Gets A Wedbush Downgrade On Rising Pressure from Amazon’s Same-Day Grocery Push, Retail Maintains Its Pessimistic Stance
It noted that Instacart management must navigate this new dynamic to protect market share, which it expects to erode ... Last ...
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Wedbush loses confidence in Instacart's growth trajectory as competitive landscape intensifies
With Amazon (AMZN) expanding its grocery delivery service, the competitive landscape for rivals like Maplebear, a.k.a.
Amazon targets the $940B grocery market with same-day delivery, $4B logistics investment & Prime integration. Read why I rate ...
Globalization and contract manufacturing hubs have democratized access to high-quality production. Read more here.
Tech stocks pull back from record highs as traders eye stretched valuations and profit-taking. Dow and S&P 500 climb on ...
When prices go up, the store is one of the most obvious places where consumers feel it. When the nation's biggest retailer, Walmart Inc., reports results on Thursday, the results will offer the ...
The Wall Street Journal adds that the administration has been exploring ways to boost the US share of semiconductor ...
Shares of Maplebear Inc (NASDAQ:CART), which does business as Instacart, are down 3.2% at $44.07, after a downgrade from Wedbush to "underperform" from "neutral," with a price-target cut to $42 from ...
U.S. equities fell at midday as weekly jobless claims were above expectations and Walmart warned about cost for tariffs.
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