Gig workers feel the pinch as gas prices rise

Uber signage on a vehicle at San Francisco International Airport (SFO) in San Francisco, California, US, on Monday, Feb. 2, 2026. David Paul Morris | Bloomberg | Getty Images For more than a decade, Alvaro Bolainez has ferried passengers around the Los Angeles area in his SUV as a rideshare driver. He’s never seen anything…

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Instacart CEO Rogers calls grocery competition fears ‘overblown’

Jakub Porzycki | Nurphoto | Getty Images Instacart‘s stock surged over 7% after the company‘s robust results alleviated worries over mounting competitive pressures in the grocery delivery market. During an earnings call with analysts, CEO Chris Rogers, who took the helm last year, called the concerns “overblown” and said the company monitors threats “extremely closely.”…

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Instacart (CART) Q4 2025 earnings

Instacart shares climbed 14% during extended trading on Thursday after the grocery delivery company reported strong fourth-quarter revenue and forecast upbeat guidance. Here’s how the company did versus LSEG estimates: Earnings per share: 30 cents vs. 52 cents expected Revenue: $992 million vs. $974 million expected Revenue grew 12% from a year ago. Net income…

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Amazon faces a dilemma — fight AI shopping agents, or join them

Thos Robinson | Getty Images Amazon CEO Andy Jassy could see how dramatically artificial intelligence was altering e-commerce. In June, he told employees that AI agents will start to infiltrate aspects of everyday life, “from shopping to travel to daily chores and tasks.” Four months later, Jassy said on an earnings call that Amazon expects to partner with third-party agents, and has…

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Instacart to pay $60 million in FTC settlement

Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images Instacart will pay $60 million to settle allegations by the Federal Trade Commission that it misled users with false advertising and deployed “unlawful subscription enrollment” practices. The federal agency alleged that Instacart used deceptive tactics in its subscription sign-up and “satisfaction guarantee” advertising that caused…

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