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Instacart (Maplebear Inc)

Look on the bright side of higher-for-longer rates

by Adrian Jhonsan
Look on the bright side of higher-for-longer rates

Federal Reserve Board Chairman Jerome Powell speaks during a news conference after a Federal Open Market Committee meeting on September 20, 2023 at the Federal Reserve in Washington, DC. Chip …

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Categories World

Instacart founder launched 20 failed companies—now he’s a billionaire

by Adrian Jhonsan
Instacart founder launched 20 failed companies—now he’s a billionaire

Determination turned Apoorva Mehta into a billionaire. More than 900 million grocery deliveries helped, too. Mehta is the 37-year-old co-founder of Instacart, the online grocery delivery startup that went public …

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Categories World

Try to see the bright side of higher-for-longer rates

by Adrian Jhonsan
Try to see the bright side of higher-for-longer rates

Federal Reserve Board Chairman Jerome Powell speaks during a news conference after a Federal Open Market Committee meeting on September 20, 2023 at the Federal Reserve in Washington, DC. Chip …

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Categories World

Instacart loses almost all its IPO gains by second day on Nasdaq

by Ev Richard
Instacart loses almost all its IPO gains by second day on Nasdaq

Sopa Images | Lightrocket | Getty Images Instacart shares slumped more than 5% in their second day of trading Wednesday, continuing a slide that began immediately after the stock hit …

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Categories Technology

High rates are still hobbling IPOs

by Milton Acorn
High rates are still hobbling IPOs

Instacart gift cards are displayed at a Safeway store on August 28, 2023 in San Anselmo, California. Justin Sullivan | Getty Images News | Getty Images This report is from …

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Categories Science

Cramer examines Instacart’s IPO, says he’s ‘torn’ on the stock

by Adrian Jhonsan
Cramer examines Instacart’s IPO, says he’s ‘torn’ on the stock

CNBC’s Jim Cramer on Tuesday gave his take on the initial public offering of Instacart, an online grocery delivery service that found success during the pandemic, saying he’s interested in …

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Categories World

Morgan Stanley (MS) and Wells Fargo (WFC) have more room to run

by Adrian Jhonsan
Morgan Stanley (MS) and Wells Fargo (WFC) have more room to run

The financial sector is making a comeback, and it looks to stay there. Club names Morgan Stanley (MS) and Wells Fargo (WFC), in particular, have perked up recently. Still, we …

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Categories World

Stocks making the biggest moves midday: CART, DIS, PLNT, RXT

by Adrian Jhonsan
Stocks making the biggest moves midday: CART, DIS, PLNT, RXT

An empty parking lot is pictured in front a Planet Fitness gym and fitness club in Alhambra, California on May 12, 2020 after Stay-at-Home orders in Los Angeles County were …

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Categories World
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