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- A possible DoorDash-Instacart deal is all about keeping up with Walmart and Amazon, analysts say
- DoorDash in advanced talks to acquire Instacart: WSJ
The Wall Street Journal reports that DoorDash is in advanced talks to acquire Instacart, which is valued at $17 billion, in a deal that could be completed in the coming week.
- DoorDash in advanced talks to acquire Instacart, WSJ reports
The Wall Street Journal reports DoorDash is in advanced talks to acquire Instacart, possibly with a deal as soon as this week, though the talks could still fall apart. Instacart shares rose 4% on Monday after a 9% gain on Friday, while DoorDash shares fell 5%. The deal could value Instacart at around $17 billion, a substantial premium to its pre-report value of about $12 billion. Instacart has faced slowing growth since its 2023 IPO amid competition from DoorDash, Uber and Amazon, and a combination could face significant antitrust scrutiny given the overlapping businesses. The two companies held acquisition talks in 2021 at a reported valuation of $40 billion to $50 billion, which collapsed partly over regulatory concerns.
- Instacart Is Pursuing a Sale, Report Says. Here's What Makes It Enticing.
- OReilly Gears Up for Q3 on Oct . 28 : Can DIFM Growth Outrun a Heavy $10B Acquisition Overhang ?
O'Reilly Automotive (NASDAQ:ORLY) reports third-quarter results on Oct. 28 after posting four straight quarters of double-digit professional comparable-store sales growth, yet its shares have fallen 8.5% over the past year. A rumored bid of about $10 billion for GPC's NAPA unit has raised balance-sheet concerns, although CEO Brad Beckham said in July that O'Reilly has no intention of executing a large transformative acquisition. Last quarter, EPS was $0.86 on revenue of $4.89 billion, up 8.1%, while free cash flow rose 51.9% to $692.7 million. The company raised full-year comp guidance to 4% to 6% and EPS guidance to $3.20 to $3.30. Same-SKU inflation, which ran 5.5% in Q2, is expected to ease to 1% to 2% in the back half of the year.
- Is eBay's Next Big Thing Already Here?
eBay bought Depop, a brand popular with younger consumers, for $1.4 billion in cash, closing the deal on July 30, 2026, and management expects it to start adding to adjusted operating profit in 2028. Depop's buyer count rose from about 7 million when the deal was announced to close to 9 million by the end of June, while eBay's consumer-to-consumer GMV grew over 20% in the June quarter, outpacing total GMV growth of 14%. Management expects Depop to add roughly 1 percentage point to eBay's 2026 revenue growth but to hold back adjusted operating income growth by about 2 points against guidance of 10% to 12%. Excluding Depop, management guides third-quarter revenue growth of about 7% to 9%, versus 14% in the June quarter, mainly due to lapping last year's gains. eBay stock returned 30.1% over the past year, compared with 16.5% for the S&P 500.
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- Anthropic Just Filed to Go Public. Should You Buy the Stock?
Anthropic publicly filed its S-1 on Monday and is set to list next month, earning revenue from subscriptions and usage-based token fees, with its Claude Code platform cited as the key driver of growth. The filing's risk section runs more than 90 pages, ranging from the potential to 'destabilize the geopolitical order' to technology exceeding the ability of 'humans to understand and control.' Revenue reached $16.3 billion in the first half of 2026, about 14 times the same period a year earlier and three and a half times its full-year 2025 revenue. The $80.7 billion first-half net loss includes a non-cash accounting charge of $72.4 billion; excluding it, the net loss is $8.3 billion, the operating loss narrowed from $2.1 billion to $693 million, and Q2 posted a $974 million operating profit. The author says he will pass on the IPO, citing concerns that Anthropic may lack a durable moat as AI models become commodities, pressuring prices while the company keeps spending heavily on its next model.
- FireFly makes another significant high-grade copper-gold VMS discovery
FireFly Metals (ASX, TSX: FFM) reported a new copper-gold VMS system at the Mount Joy prospect within its Green Bay project in Newfoundland, Canada, near the historic Tilt Cove district. Hole FFR26-071 intersected 22.5m at 2.5% CuEq from 109m, including 9.0m at 3.9% CuEq, while follow-up hole FFR26-076 hit about 40m of semi-massive sulphides, with assays pending. Mount Joy lies about 35km from the Ming Mine and 2.6km from the Nugget Pond mill, which is on care and maintenance. The company plans an updated Mineral Resource Estimate and Feasibility Study next quarter, ahead of a Final Investment Decision expected in mid-2027, and had about A$368 million in cash and liquid investments as at 31 July 2026 (unaudited).
- Why Range Resources Stock Surged Today
Range Resources shares jumped nearly 18% on Monday after the natural gas producer agreed to be acquired by EQT in an all-stock deal valuing the combined company at more than $50 billion. The merged company would have over 9 billion cubic feet equivalent per day of net production, three decades of inventory, 3 million net acres of gas-rich land and 3,700 miles of midstream infrastructure. EQT expects $325 million in annual cost savings to lower its free cash flow breakeven price to under $2 per MMBtu, and the combined company expects roughly $20 billion of total free cash flow over the next half-decade. Each Range share would convert into 0.987 EQT shares, Range CEO Dennis Degner will join EQT's board, and the deal is expected to close in the first quarter of 2027, subject to shareholder and regulatory approval.
- Berkshire Hathaway: Is the Stock Still a Safe Buy Without Warren Buffett?
Greg Abel took over as CEO of Berkshire Hathaway this year, replacing Warren Buffett, and the stock has risen around 9% so far this year. Buffett stepped down as chairman last month, with his son Howard taking the role to guard the company's values and culture, while Abel runs the business and Buffett is expected to be far less involved. The author flags uncertainty because Abel has no prior experience managing a portfolio the size of Berkshire's, and notes the company has added to its Alphabet stake and taken a stake in serial acquirer Bending Spoons, which could raise risk and volatility. He says the portfolio may look far different over the next few years, so he is taking a wait-and-see approach for now.
- S&P 500, Nasdaq, Dow Begin Week Higher As Anthropic IPO Filing Rekindles AI Enthusiasm — MSFT, AAPL, CART, VZ In Focus
U.S. stock indices closed higher on Monday after Anthropic filed for an IPO, lifting investor optimism about AI, while markets await quarterly results from major tech firms and the Federal Reserve's October policy decision. The S&P 500 rose 0.7%, the Nasdaq 100 gained 1.1%, the Dow Jones Industrial Average added 0.3%, and the Russell 2000 rose 0.4%. The filing showed more than 1,900 customers paid Anthropic at least $1 million over the past year, nearly double the April tally; according to The Wall Street Journal, the company is targeting a November listing under the symbol ANT, possibly raising $100 billion or more at a valuation of $1.5 trillion to $2 trillion. Brent fell 0.8% to $115.81 a barrel and WTI slid 1.7% to $101.57. Per Bloomberg, Microsoft is extending voluntary buyout offers to about 60,000 employees, and Instacart (CART) shares jumped 8% on reports that DoorDash is in talks to acquire it at a $17 billion valuation.
- Why Nu Holdings Stock Got Crushed on Monday
Nu Holdings shares fell 16.95% on Monday, in line with other Brazilian equities, as investors reacted to Sunday's presidential runoff rather than to company news. Leftist incumbent Luiz Inácio Lula da Silva won and will govern for another four years, and investors worry he will continue direct intervention in strategic enterprises amid a struggling economy and a depreciating Brazilian real. The author says the main risks for Nu are Brazilian consumer strength, borrowers, interest rates and economic development rather than direct intervention, and that Monday's sell-off looks like an unsustainable panic reaction. He argues Nu has grown large enough to weather a slump.
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