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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 ...
10hon MSN
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 ...
Shares of Instacart are plummeting Wednesday morning. The stock is trading down as investors react to a major competitive move by e-commerce giant Amazon.
Amazon is scaling up same-day delivery for fresh groceries, giving it the ability to capture more of the online grocery market.
Amazon has struggled to break into the perishable space despite introducing a grocery-specific subscription option, analysts ...
Amazon.com Inc (NASDAQ:AMZN) shares rose 2.04% to $229.12 on Wednesday as the e-commerce giant announced a major expansion of its same-day grocery delivery service to compete more aggressively with ...
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Soy Carmín on MSNA Fresh Challenge to Grocery Giants: Amazon Expands Same-Day Delivery
Get ready to have your groceries delivered faster than ever. In a bold move that is set to reshape the American grocery ...
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 ...
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