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Target CEO Brian Cornell: Shoppers are pulling back, even on groceries

Target (TGT) earnings Q3 2023

People exit a Target store in the Harlem neighborhood in Manhattan on September 28, 2023 in New York City. Spencer Platt | Getty Images Target on Wednesday topped Wall Street’s quarterly sales expectations and blew past earnings estimates, as purchases in high-frequency categories like food and beauty helped prop up weaker customer spending.  Shares of...

Instacart CEO: This IPO about giving employees liquidity on stock they worked hard for

Instacart opens on Nasdaq at $42 in IPO

Sopa Images | Lightrocket | Getty Images Instacart shares popped 40% in their Nasdaq debut on Tuesday, opening at $42, after the grocery delivery company’s long-awaited IPO. The offering late Monday at $30 a share valued Instacart at about $10 billion on a fully diluted basis, down from a private market valuation of $39 billion...