Breakfast News: Delivery King Eyes Grocery Carts

DoorDash (NASDAQ:DASH) first conquered food takeout. Now, it reportedly wants to drop $17 billion to take on Walmart (NYSE:WMT) and Amazon (NASDAQ:AMZN) in the grocery aisle. DoorDash (NASDAQ:DASH) is in talks to buy Instacart (NASDAQ:CART) after Uber (NYSE:UBER) walked away from the table, according to the WSJ. While Instacart stock closed almost 8% higher on the news, DoorDash stock dropped around 6%. Instacart is a Team Rule Breakers recommendation. DoorDash is a Team Hidden Gems recommendation. DoorDash’s November 2023 Stock Advisor recommendation is beating the S&P 500 by 21%. Mark Zuckerberg is betting the entire farm on artificial intelligence (AI). To fuel that vision, Meta Platforms (NASDAQ:META) is now selling about $35 billion in new stock, laying the groundwork for up to $60 billion more starting in 2027. Guess who’s stepping up with an investment in the offering? Nvidia (NASDAQ:NVDA).

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