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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 ...
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 has struggled to break into the perishable space despite introducing a grocery-specific subscription option, analysts ...
Amazon is scaling up same-day delivery for fresh groceries, giving it the ability to capture more of the online grocery market.
The dual mandate is pulling in opposite directions—jobs softening, inflation refusing to die—and Powell’s Jackson Hole speech ...
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 ...
The service is launching in more than 1,000 U.S. cities and towns, with plans to expand to at least 2,300 locations by the ...
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