#INSTACART News
Elon Musk threatens to charge for X, OpenAI launches DALL-E 3 and Cisco acquires Splunk
techcrunch.com Welcome to Week in Review (WiR), TechCrunch’s regular newsletter covering the past few days in tech. The TC crew — including this reporter — is coming off the high of…

Convenience-focused startups adjust to tighter money and lower expectations
axios.com Years of zero interest rate policy (ZIRP) gave the world ambitious venture capital-stuffed companies that sought to make everyday tasks and chores as easy as the tap of a…

Palantir, Instacart, Bitcoin And Why UAW Strike Is A Win For Tesla: Bulls And Bears
benzinga.com Benzinga examined the prospects for many investors' favorite stocks over the last week — here's a look at some of our top stories. This week marked the third consecutive…

Stock Market Falls Into Correction On Hawkish Fed: Weekly Review
investors.com The stock market moved into a correction on Wednesday as the Federal Reserve signaled that rates would stay higher for longer amid a stronger economy. Treasury yields…

Opening Bell: 8.28.23
dealbreaker.com Instacart IPO Isn’t Offering Empty Calories [WSJ]The online provider of grocery-delivery services filed papers Friday for an initial public offering. That filing showed a…

Instacart Founder On Company's Billion-Dollar IPO
youtube.com The conference room of a sparse downtown office in San Francisco, Apoorva Mehta recounts his time at Instacart, the grocery ...

1 in 3 Grocers Sees Smart Shelf Labels as Key to Customer Loyalty
pymnts.com As grocers look to digitize stores, many are considering smart technology to provide shoppers with more information about products on shelves. By the Numbers The PYMNTS…

Looking for a travel reward credit card with an impressive sign up bonus?
fortune.com Why we like this card: The Chase Sapphire Preferred® Card stands out for its generous sign-up bonus and robust points system that offers increased travel and dining spending…

The New York Times finally understands the value of a personal brand
simonowens.substack.com Welcome! I'm Simon Owens and this is my media industry newsletter. If you've received it, then you either subscribed or someone forwarded it to you. If you fit into the…

Instacart Stock Sinks Back Toward Its IPO Price. Why an Analyst Advises Caution
barrons.com Instacart stock on Friday was trading just pennies above its initial public offering price, as early investors take profits and analysts fret about competiti...

After Lackluster IPOs, Can Arm, Instacart, And Klaviyo Take A Page From Facebook's 2012 Playbook? - Meta
benzinga.com The market debut of British chip designer Arm Holdings ARM was the biggest IPO of the year, at a valuation of at $54.5 billion. Yet shares of the company have fallen…

The Ratings Game: Instacart’s stock dips below IPO price again, but it’s still too expensive, analyst says
marketwatch.com Shares of Instacart dipped below the key $30 level for a third straight day, but they still have to fall a lot further to turn one analyst bullish. In a note titled “The…

What’s Next as Instacart and Arm Flirt With Busted IPO Status?
pymnts.com On Wall Street, a “busted” IPO is one that’s simply defined — the stock trades below the initial offer price. At this writing, two of the most recent market entrants tied to…

Arm and Instacart add to losses after lukewarm analyst reports
reuters.com A smartphone with a displayed Arm Ltd logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire…

Real estate or Bitcoin: Which is more reliable?
cointelegraph.com On this week’s episode of Macro Markets, Cointelegraph analyst Marcel Pechman discusses the real estate markets, highlighting stagnant mortgage demand, attributed to rising…

Instacart’s Fake IPO and Why Hiring in Tech Is So Broken
theinformation.com Instacart’s Fake IPO and Why Hiring in Tech Is So Broken Like all industries, Silicon Valley gets set in its ways. So I particularly enjoyed a comment from Sam pointing out…

Top Ten: How to protect your portfolio if you expect the 10-year U.S. Treasury yield to jump to 6%
marketwatch.com The consequences of higher interest rates are still unfolding. For savers, the news has been good because you can get a 5% yield with little risk at the bank. For borrowers,…

New Listings Face a Tough Friday
barrons.com So much for the revival of initial public offerings. Stock of online grocery delivery company Instacart (ticker: CART), which debuted Tuesday, fell 2% on Friday. Marketing…

Summer’s Over: Here Are The Stock Market’s Most Notable Winners And Losers
forbes.com Friday is the last trading session of the summer, concluding a rather cool stretch for the stock market after an unseasonably warm start to the year. From June 21 through…

3 lessons from September’s 3 big IPOs
aol.com Arm, Instacart, Klaviyo—oh my! Investors had high hopes that the trio of recent big IPOs would be enough to crack the door open and let the flood of unicorns through to the…

Wayfair upgraded, Deere downgraded: Wall Street's top analyst calls
finance.yahoo.com The most talked about and market moving research calls around Wall Street are now in one place. Here are today's research calls that investors need to know, as compiled by…

The 'Great IPO Reopening' may be on hold: rising rates and weaker stocks are a killer
cnbc.com A shopper for Instacart navigates through the aisles as she shops for a customer. The Great IPO Reopening may be on hold: rising rates and lower stocks are an IPO killer. A…

Looming Government Shutdown And Higher Interest Rates Hang Over Market
forbes.com Higher Interest Rates May Be Here Longer Than Initially Thought Heading into Friday, stocks are hoping to snap a three day losing streak. The threat of interest rates…

Tech money is finally flowing again, and it may be just the beginning
marketwatch.com When the financial fantasyland of 2021 came to an end, the rivers of cash that had been flowing into the tech ecosystem also largely dried up. But as the final quarter of…

The Ratings Game: Arm’s stock is not a buy at current levels, another analyst says
marketwatch.com Shares of Arm Holdings PLC haven’t gotten much love since they debuted last week, as another Wall Street broker advised investors on Friday not to buy at current levels.…

Is New IPO Instacart Already Hitting Speed Bumps?
marketbeat.com You may know the name Instacart, particularly if you see its shoppers picking out and bagging items in your local grocery store. But the public learned something new on…

Is Rupert Murdoch Really Moving on?
nytimes.com The 92-year-old media tycoon is set to become chairman emeritus of Fox and News Corporation, but he still wields considerable power over the empire he built. The next…

3 Reasons SharkNinja Is Swimming Toward New Highs
marketbeat.com In a world obsessed with TV sensation “Shark Week” and viral kids song “Baby Shark,” SharkNinja, Inc. NYSE: SN is producing some thrills of its own. Shares of the consumer…

Instacart Founder Apoorva Mehta Now Is Billionaire after Selling Stake Post-IPO
coinspeaker.com Coinspeaker Instacart Founder Apoorva Mehta Now Is Billionaire after Selling Stake Post-IPO Online grocery delivery startup Instacart’s founder Apoorva Mehta is now a…

Arm dips below IPO price as short sellers circle
finance.yahoo.com Arm Holdings' stock on Thursday dipped for the first time below its initial public offering price, while short sellers appeared to be betting against the chip designer just…

Instacart co-founder launched about 20 failed companies before starting $8.8 billion company #Shorts
youtube.com Apoorva Mehta shares that he launched many companies that failed before co-founding Instacart, the online grocery delivery ...

Dow Jones Dives After Powell Stokes These Fears; 3 Warren Buffett Stocks Dig In Near Entries
investors.com The Dow Jones Industrial took a dive, with Cisco Systems (CSCO) the worst performer amid acquisition news. A trio of Warren Buffett stocks held near buy points. IPO stocks…

How To Earn $500 A Month From Cisco Systems Stock After Splunk Acquisition
benzinga.com Cisco Systems Inc CSCO on Thursday announced agreements to acquire Splunk Inc SPLK for $157 per share, a total equity value of about $28 billion. The acquisition price…

Wall Street's 'meh' response to tech IPOs shows Silicon Valley's valuation problem
cnbc.com After a 21-month tech IPO freeze, the market has cracked opened in the past week. But the early results can't be encouraging to any late-stage startups lingering on the…

Kroger Drives Delivery With Memberships as Grocers Boost Omnichannel Adoption
pymnts.com This week in grocery news, Kroger’s membership program succeeds at boosting delivery orders, Ahold Delhaize goes after omnichannel customers, and Hy-Vee joins other grocers…

The New VC Mantra: It's ‘Time to IPO’
theinformation.com “It’s time to build” became the rallying cry of venture capitalists after Marc Andreessen published his blog post in 2020, as the economy was reeling from the pandemic’s…

Uber Eats to Roll Out New Payment Options in 2024, Aiming to Enhance Access to Fresh Groceries for Vulnerable Populations
entrepreneur.com Starting in 2024, Uber Eats will allow individuals with EBT cards to use their Supplemental Nutrition Assistance Program (SNAP) benefits to pay for grocery delivery orders.…

Instacart stock gets 'choppy reception' from investors after IPO
finance.yahoo.com Shares of the grocery delivery company were down nearly 11% as of the market close on Wednesday. The stock was still under pressure in premarket trading on Thursday but rose…

Goldman Sachs has found the secret to a successful IPO listing: Here are the two traits investors need to look for
aol.com With Arm and Instacart hailing blockbuster listings this month, it could be easy for investors to get caught up in the excitement. But Goldman Sachs has another approach: it…

Instacart Stock Falls Below Its IPO Price. What the Data Show Happens Next
barrons.com Instacart fell below the price of its initial public offering on Thursday as investors soured on the grocery-delivery company and other recently listed technology stocks.…

Nasdaq slides over 1% as growth stocks fall after hawkish Fed drives up yields
reuters.com Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., August 15, 2023. REUTERS/Brendan McDermid Acquire Licensing Rights Sept 21 (Reuters)…

Instacart shares come back down to earth as IPO surge is wiped out
markets.businessinsider.com Instacart shares started trading on Tuesday. Getty Images Instacart soared 40% above its IPO price on Tuesday as trading began. Its shares have since tumbled close to its…

Insider Today: Side hustles' turning point
aol.com None This post originally appeared in the Insider Today newsletter. • None You can sign up for Insider's daily newsletter here. Hey there! Winning the lottery can come with…

How Instacart’s IPO Delivers Liquidity Payday For Employees’ Stock Options And Restricted Stock Units
forbes.com Instacart is the highest-profile venture-backed company to go public since December 2021. As with many later-stage startup companies, Instacart’s initial public offering…

Goldman Sachs has found the secret to a successful IPO listing
fortune.com With Arm and Instacart hailing blockbuster listings this month, it could be easy for investors to get caught up in the excitement. But Goldman Sachs has another approach: it…

FTX founder Sam Bankman-Fried’s trial starts in two weeks. Here’s a preview
aol.com We’re coming on a year since the collapse of what was once venture capitalists’ favorite crypto exchange: FTX. And now, in just two weeks time, the criminal trial of…

Klaviyo, Arm, Instacart wobble, raising doubts over IPO revival
reuters.com [1/2] A smartphone with a displayed Arm Ltd logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo…
The Stock Market Bet Wrong on Fed Rate Cuts
investing.com After an initial success, Instacart's IPO turned out to be a relative flop The stock opened up over 40% on the day of its IPO but reversed its gains the following day…

5 things to know before the stock market opens Thursday
cnbc.com Stocks fell Wednesday after the Federal Reserve indicated another rate hike could be on the horizon. Markets had already priced in the expected Fed decision on Wednesday,…

Klaviyo IPO Mints $3.2 Billion Fortune for Harvard Physicist
finance.yahoo.com The seemingly low-stakes world of text and email customer messaging revealed some big fortunes Wednesday, as marketing technology firm Klaviyo Inc. began trading in New…

Tech Giants See Chatbots Everywhere, Including in Your Inbox
nytimes.com Google and Amazon have announced a slew of new A.I. offerings this week, and Microsoft is expected to follow suit. The race to bring A.I. to the masses heats up Months after…

Wednesday Wrap-Up: Rates Higher for (a Lot) Longer, Shaky IPOs, Oil Falls
247wallst.com The Federal Reserve’s Open Market Committee (FOMC) left interest rates unchanged at the current funds rate of 5.25% to 5.50%. But Fed Chair Jerome Powell made it clear that,…