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HotDoorDash Instacart
DoorDash reported Q3 revenue of $4.62 billion and agreed to buy Instacart at $65 per share. The transaction is slated to finalize by late 2027 or early 2028.
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HotDoorDash Instacart
DoorDash agreed to acquire Instacart for about $17 billion, paying $65 per share in a mix of cash and stock. The transaction aims to expand DoorDash's grocery delivery capabilities.
HotDoorDash Instacart
Sources say DoorDash is in advanced negotiations to acquire Instacart in a deal valued at approximately $17 billion. Instacart shares rose 4 percent in after-hours trading on the news.
HotAlphabet Earnings
Alphabet shares fell 13 percent, wiping out about $500 billion in value, after quarterly free cash flow turned negative due to high AI costs. Revenue missed expectations, and the company plans an $85 billion equity raise.
HotServiceNow
ServiceNow stock experienced its largest intraday decline since 2016, dropping 22 percent on Wednesday.
HotEli Lilly
Shares of Eli Lilly climbed to a record level at the open following the company's decision to raise its earnings outlook.
HotAnalyst Ratings
Wall Street firms updated ratings after earnings, with Microsoft targets rising on Azure growth. Alphabet and Fortinet faced downgrades or target cuts due to search and product growth concerns.
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