Benchmark Equity Research upgraded Instacart to Buy from Hold due to its strong growth trajectory.
Benchmark Equity Research upgraded Instacart to Buy from Hold. (Michael Loccisano/Getty Images)Shares of Maplebear, the grocery-delivery company that does business as Instacart, were rising sharply Friday after beating quarterly earnings and sales expectations.
CEO Chris Rogers said Instacart's technology and customer-oriented approach are driving more growth and engagement to the…
Amazon, Uber Eats and Doordash have scaled more aggressively in grocery delivery in recent months, amping up the pressure on…
Instacart said it's expanding artificial intelligence tools, and recently launched a suite of new solutions for grocers.
The bank upgraded the parent company of grocery delivery provider Instacart to outperform from market perform.
The FTC sent a civil investigative demand to Instacart, Reuters reported, citing unnamed people.
Federal regulators and politicians have scrutinized companies' use of AI tools to set the cost of products or services, often…
