tl;dr
Shares of Maplebear (NASDAQ:CART), more commonly known as Instacart, are down nearly 7% on Tuesday in reaction to Amazon’s (AMZN) announcement to offer a comparable grocery delivery service for Prime members. The $9.99 per month subscription plan will offer unlimited delivery in 3,500 cities and tow...
Shares of Maplebear (NASDAQ:CART), more commonly known as Instacart, are down nearly 7% on Tuesday in reaction to Amazon’s (AMZN) announcement to offer a comparable grocery delivery service for Prime members. The $9.99 per month subscription plan will offer unlimited delivery in 3,500 cities and towns across the U.S. for orders above $35 from Whole Foods, Amazon Fresh, and local grocery, and specialty retailers on Amazon.com. Amazon (AMZN) is also offering one-hour delivery windows at no extra cost, unlimited 30-minute pickup on orders of any size, and priority access to Recurring Reservations for a weekly grocery order. Instacart membership costs $99 per year, or $9.99 per month, and provides members with unlimited free delivery on orders of $35 or more. For the first year, members can get a discounted membership of $49. Instacart also charges a service fee that can range from 5% up to 10% of your grocery subtotal. Service fees don’t apply to pickup orders. The membership also provides perks such as 5% cash back on certain orders, 12 months of free Instacart with a Chase credit card, airline miles (1 mile on Delta for every $1 spent), and $20 off Instacart with a Costco (COST) membership renewal.
More about Maplebear Inc. Common Stock
Maplebear Inc. Common Stock
Carolina Trust BancShares, Inc. is the banking holding company for Carolina Trust Bank, a state-licensed bank that provides commercial banking products and services to individuals and businesses. The company is headquartered in Lincolnton, North Carolina.
Sector: TRADE & SERVICES
Industry: SERVICES-BUSINESS SERVICES, NEC
Market Cap: 6.47 billion
Dividend Yield: None
Beta: None
Price/Earnings Ratio: -5.86
Stock Price: $38.34
EPS: -0.431
Volume: 2,996,000,000
52-Week High: $34.5
52-Week Low: $9.28
RSI (14): 0.144
More about Amazon.com Inc
Company: Amazon.com Inc
Industry: Trade & Services, Retail-Catalog & Mail-Order Houses
Description: Amazon.com, Inc. is an American multinational technology company which focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence. It is one of the Big Five companies in the U.S. information technology industry, along with Google, Apple, Microsoft, and Facebook. The company has been referred to as one of the most influential economic and cultural forces in the world, as well as the world's most valuable brand.
Revenue: $184.37 billion
Profit Margin: 60.9%
Dividend Yield: None
EPS (Earnings Per Share): $2.91
Market Cap: $574.78 billion
Stock Price: $211.32
52-Week High: $50.69
52-Week Low: $139
More about Costco Wholesale Corp
Costco Wholesale Corporation (doing business as Costco Wholesale and also known simply as Costco) is an American multinational corporation which operates a chain of membership-only (needing a membership to shop there) big-box retail stores. As of 2020, Costco was the fifth largest retailer in the world, and the world's largest retailer of choice and prime beef, organic foods, rotisserie chicken, and wine as of 2016.
Sector: TRADE & SERVICES
Industry: RETAIL-VARIETY STORES
Market Cap: 317.31B
Current Price: $46.73
EPS: $4.08
P/E Ratio: 15.31
52-Week High: $560.61
Dividend Yield: 0.0273
Revenue: 248.83B
Net Income: 77.64B
Debt to Equity: 0.188
Quick Ratio: 0.057
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