Kroger Lowers Sales Forecast Amid Intense Grocery Competition
Kroger cuts 2025 sales outlook to 2.8-3% growth as budget-conscious shoppers trade down and competitors slash prices. Stock falls 7% despite beating profit expectations.
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Amazon's 30-Minute Grocery Delivery Threatens Instacart's Market Position
Amazon plans ultrafast 30-minute grocery delivery service in major U.S. cities, causing Instacart stock to drop 4% as competition intensifies in the delivery market.
Jefferies Upgrades DoorDash to Buy After 20% Pullback
Jefferies upgrades DoorDash to Buy with a new $260 price target, citing stronger growth, underappreciated execution, and improved long-term flexibility.
Serve Robotics Targets 10x Revenue Growth in 2026 After 2025 Miss
Serve Robotics CEO Ali Kashani believes ads on its autonomous delivery robots could one day cover full operational costs, even as Q3 results miss.
DoorDash Stock Plunges Despite Record Growth as Investment Plans Spook Investors
DoorDash reports 25% growth in Q3 orders but stock plunges 11% as company announces plans to invest "hundreds of millions" more in 2026 on new products and AI tools.
Waymo Robotaxis Start Delivering Groceries for DoorDash DashMart Customers
DoorDash and Waymo partner for self-driving deliveries in Phoenix, AZ, starting tests now.