Core Insights - The food-delivery platform, also known as Maplebear, reported a net income of $81 million, which translates to 30 cents per share, indicating a decline from the previous year's net income of $148 million, or 53 cents per share [1] Financial Performance - The company's net income decreased by 45% year-over-year, from $148 million to $81 million [1] - Earnings per share also fell by 43% from 53 cents to 30 cents [1]

Maplebear stock was dropping following a report that the FTC has sent Instacart a civil investigative demand over its use of AI-set pricing. ...

Instacart shares fell after a report accused the company, also known as Maplebear, of charging different prices for the same items https://t.co/1sqPVKFN7W ...