Instacart CEO to Participate in Fireside Chat at Morgan Stanley Conference [Accessibility Statement] Skip NavigationSAN FRANCISCO, Feb. 24, 2026 /PRNewswire/ -- Instacart (NASDAQ: CART) today announced that Chris Rogers, CEO, will participate in a fireside chat at the Morgan Stanley Technology, Media & Telecom Conference on Wednesday, March 4th, 2026 at 12:20 p.m. PT.An audio webcast of the event will be available on Instacart's Investor Relations website at [https://investors.instacart.com/].About Instacar ...

Phil Spencer, CEO of Microsoft Gaming, appears at the Political Opening of the Gamescom conference in Cologne, Germany, on Aug. 23, 2023.Microsoft's head of gaming, Phil Spencer, is leaving the software maker following a 38-year tenure, as the company faces increased challenges in its Xbox business."Last year, Phil Spencer made the decision to retire from the company, and since then we've been talking about succession planning," Microsoft CEO Satya Nadella wrote in a memo to employees that was published on ...

Instacart (Maplebear Inc.) (NASDAQ:CART) is one of the best debt-free mid-cap stocks to buy according to hedge funds. On February 12, Instacart (Maplebear Inc.) (NASDAQ:CART) delivered impressive fourth-quarter and full-year 2025 results that affirmed accelerating growth and improving profitability. Instacart (Maplebear Inc.) (CART) in a Phase of Robust Growth and Improving Profitability The company delivered a 12.3% year-over-year increase in revenue in the fourth quarter to $992 million, while adjusted ...

Maplebear Inc. (NASDAQ:CART) is one of the best stocks under $50 to invest in. On February 13, Needham raised its price target for Instacart from $50 to $55 and maintained a Buy rating. The firm noted that the company’s ongoing execution serves as a positive indicator against competition concerns. On the same day, Cantor Fitzgerald lowered its price target on Instacart to $47 from $54 while keeping an Overweight rating. The firm noted that Instacart reported a record 14% GTV growth in Q4 2025 and exceeded ...

Investors and analysts alike swiftly recognized the disruptive potential of ChatGPT when OpenAI publicly released it in November 2022. Generative AI quickly transformed from a novelty to a genuine tool that helps people be more productive by simplifying workflows and providing analysis. But disruption can be difficult for affected industries. Much as ridesharing impacted the taxi industry or streaming services upended cable television, generative AI is threatening to draw revenue away from more establishe ...

Group 1 - Maplebear Inc. (NASDAQ:CART) is the top stock pick of billionaire Daniel Sundheim, accounting for 9.52% of his portfolio, valued at $829.24 million [1] - Needham raised its price target for Maplebear from $50 to $55 while maintaining a 'Buy' rating, reflecting optimism about the company's performance amid competitive concerns [1] - Benchmark analyst Mark Zgutowicz lowered the price target from $60 to $53 but reiterated a 'Buy' rating, citing favorable current multiples and growth drivers from the partnership with Toast [4] Group 2 - Maplebear Inc. has formed a strategic partnership with Toast to streamline operations for eateries and retailers, facilitating the transfer of inventory to the Instacart Marketplace [2] - The partnership allows Toast retailers to maintain real-time e-commerce availability and supports Maplebear's operational efficiency and revenue growth through same-day delivery services [3] - A pilot launch of the partnership is scheduled for early 2026, with a full rollout planned for later that year [3] Group 3 - Maplebear Inc. is recognized as a leading grocery technology platform in North America, providing B2B solutions for same-day delivery, inventory management, and marketplace integration [5]

Core Insights - Maplebear Inc. (NASDAQ:CART) is recognized as one of the top 12 mid-cap AI stocks favored by hedge funds, indicating strong investor interest in the company [1] - The company reported Q4 earnings, achieving revenue of $992 million, which exceeded Wall Street estimates by $18 million, although the EPS of $0.3 fell short of expectations of $0.52 [1] - Following the earnings announcement, Maplebear's shares increased by over 13% [1] Partnership and Business Expansion - On February 10, Maplebear entered a strategic partnership with Toast (NYSE:TOST) to enhance its presence in the U.S. restaurant and retail sectors [2] - The partnership will enable Toast's retail customers to link their in-store inventory with the Instacart marketplace, creating new sales opportunities and improving online reach [2] - This collaboration will also bolster Maplebear's B2B same-day delivery platform, allowing restaurants to order essential items with delivery within an hour [3] Future Plans and Market Outlook - A pilot launch of the partnership is scheduled for early this year, with a nationwide rollout expected by 2026 [3] - Benchmark has lowered its price target for Maplebear from $60 to $53 while maintaining a Buy rating, reflecting a positive outlook despite the adjustment [3]

Core Viewpoint - The tech sector is currently experiencing a selloff, creating opportunities for bargain-hunting among investors, with concerns about macroeconomic issues affecting various companies, from software to consumer internet [1] Group 1: Market Conditions - The selloff has impacted all corners of the tech sector, including heavily affected software stocks and consumer internet companies [1] - Investors are exhibiting jitters regarding potential macroeconomic woes, influencing their investment decisions [1] Group 2: Analyst Background - Gary Alexander has extensive experience in covering technology companies on Wall Street and working in Silicon Valley, providing insights into current industry themes [1] - He has been a contributor to Seeking Alpha since 2017 and has been quoted in various web publications, indicating his influence and reach in the investment community [1]

Core Viewpoint - Needham raised the price target on Instacart (CART) to $55 from $50 while maintaining a Buy rating, indicating confidence in the company's performance amidst competitive pressures [1] Summary by Category Price Target Adjustment - The price target for Instacart has been increased to $55 from $50, reflecting a positive outlook on the company's future performance [1] Competitive Position - The company's continued execution is seen as providing positive data points that alleviate concerns regarding competition in the market [1]

Industry Overview - The cannabis industry is expected to see significant changes by 2026, with potential for increased momentum in marijuana stocks due to U.S. federal reform aimed at improving profitability among leading operators [1] - Expanding international medical markets are also anticipated to play a crucial role for investors in the cannabis sector [1] Market Dynamics - Global partnerships between different cannabis markets are emerging as a key trend, suggesting selective but compelling investment opportunities for informed investors [2] - Staying updated on trends and company developments is essential for determining the performance of individual marijuana stocks [2] Investment Strategy - Despite the volatility in the cannabis sector, the potential rewards may justify the risks, with 2026 seen as a transitional year from speculative hype to fundamental value creation [3] - Investors who focus on regulatory awareness, financial analysis, and strategic diversification will be well-positioned to benefit from the next growth phase in marijuana stocks [3] Company Highlights - **Planet 13 Holdings Inc.** has exited the California cannabis market as of February 12, 2026, to concentrate on other growth markets, reflecting a strategic decision to streamline operations [7][8] - **Jushi Holdings Inc.** has opened a new Beyond Hello™ location in Ohio, marking its second retail outlet in Cincinnati, which is part of its strategic growth plan in the state [10][11]