Shares in Ocado Group PLC fell 1.6% after a largely negative broker circular by a leading investment bank. Credit Suisse cut its target price to 1,500p a share from 1,550p while maintaining its ‘und

UK Quality: Ocado plc - Set and Forget

11:34am, Monday, 25'th Oct 2021
Commentators love to hate Ocado Group plc ( LSE:OCDO , Financial). Many say the stock is overvalued, doesn't have enough capacity and has no sign of net profits.
In a warehouse in London's suburbs, thousands of robots swarm in a mesmerising dance across the top of a grid the size of six football pitches, racing to supply groceries to the British capital's shop
UBS has revisited its favourite long-term investment themes and decided “the food revolution” and “automation and robotics” no longer cut the mustard. That leaves a top five of enabling techno
Ocado Group PLC (LSE:OCDO) is investing £10mln in self-driving technology start-up Wayve to accelerate the development of autonomous grocery deliveries. As part of a partnership deal, London-based Wa
Ocado Group PLC is investing £10mln in self-driving technology start-up Wayve to accelerate the development of autonomous grocery deliveries. As part of a partnership deal, London-based Wayve's techn
Ocado Group PLC will invest £10mln in self-driving technology start-up Wayve to accelerate the development of autonomous grocery deliveries, the companies said. As part of a partnership deal, Wayve's
Wayve, a U.K.-based self-driving startup that is notable for its use of deep learning and cameras rather than more-costly Lidar and other sensors to guide vehicles, is gearing up for its next stage of
British online grocer Ocado is investing 10 million pounds ($13.6 million) in self-driving technology startup Wayve and a partnership to develop autonomous grocery deliveries that can handle tough tra
CMC Markets PLC's tech platform could transform the company into an investment giant, analysts at broker Peel Hunt suggest, as it widens its product offer and more third parties sign up to use its cap

Ocado hit by rising staff costs and fire damage

02:43am, Tuesday, 14'th Sep 2021
Ocado PLC warned that results this year will be hit by additional costs for hiring van drivers and to recover from the fire at its Erith fulfilment centre. Staff shortages will mean extra costs of £5
Before Apple Inc grabs the headlines with its iPhone 13 launch, retailers, particularly grocers, are going to be the main focus on Tuesday morning as supermarket industry data is published, along with
The FTSE 100 will be in focus on the corporate calendar in the coming week, with heavyweights AB Foods, JD Sports, Ocado and Ashtead set to update investors. Games Workshop, Keywords Studios and Tullo
Ocado Group PLC is still the most credible online grocery platform but is facing growing challenges, according to UBS. The FTSE 100 group has a proven profitability model, though it is somewhat specif
Ocado Group PLC saw its first sales decline on record as UK shoppers are shifting away from online and are going back to the shops. The FTSE 100 grocer dipped 0.7% during the 12 weeks to 8 August, acc
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