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CART & MGM: Earnings Just Released

05:13pm, Tuesday, 13'th Feb 2024
Instacart (CART) and MGM Resorts (MGM) earnings were just released. George Tsilis discusses these earnings.
The grocery-delivery firm joins several US and Canadian firms that have been laying off thousands of employees as they scramble to reduce costs,
Mark Mahaney, Evercore ISI head of internet research, joins 'Closing Bell Overtime' to talk Instacart, Airbnb, and Lyft earnings.
Grocery-delivery giant Instacart announced today that it's laying off around 250 employees, or roughly 7% of the company's global workforce, as part of a restructuring. Instacart CEO Fidji Simo said i
Maplebear Inc. CART, +1.72% — the company better known as the grocery-delivery platform Instacart — said on Tuesday that it was laying off around 250 people, or around 7% of its staff, and announc
Instacart on Tuesday announced it would lay off about 250 employees, or roughly 7% of the company, alongside reporting fourth-quarter earnings.
Instacart and the U.S. Department of Health and Human Services (HHS) are teaming up to help more people access healthy food and tools for better health.   The partnership's goal is to back and exten
Instacart has significantly expanded its acceptance of Supplemental Nutrition Assistance Program (SNAP) Electronic Benefits Transfer (EBT) payments, as aggregators compete to unlock the spending oppor
Up 2.1% year-to-date, the group has a sizable early lead over its roughly flat sector. Over the last 10 years, the staples distribution and retail industry have had a 134% cumulative return compared
SAN FRANCISCO , Jan. 23, 2024 /PRNewswire/ -- Instacart (NASDAQ: CART) today announced it will report its fourth quarter and full year 2023 financial results after market close on Tuesday, February 1
Benchmark analyst Mark Zgutowicz initiated coverage of groceries-delivery firm Instacart with a Buy rating and $32 price target.
Instacart shares have been under pressure since the company joined the public market.
Instacart (NASDAQ: CART) has been in a downtrend ever since it debuted on Nasdaq but a Wolfe Research analyst is confident the stock will rebound in 2024.
Instacart and DoorDash are raising prices in Seattle following the city's new minimum pay law. Seattle in 2022 passed legislation that increased wages for drivers for the delivery apps.
The fortunes of gig-economy giants like Uber Technologies Inc., DoorDash Inc. and Instacart will increasingly depend on their ability to broaden what they deliver and to integrate more deeply into loc
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