Agentic Commerce Could Hurt Booking, Intuit While Helping Meta, Microsoft, Joseph Carlson Says
Joseph Carlson says AI agents could pressure Booking and Intuit while favoring Meta and Microsoft as customer relationships become the moat.
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https://news.airbnb.com/airbnb-expands-groceries-with-instacart-across-us-and-canada
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Joseph Carlson says AI agents could pressure Booking and Intuit while favoring Meta and Microsoft as customer relationships become the moat.
Cathie Wood's Ark Invest added to positions in Meta Platforms, Airbnb, and Beam Therapeutics on Monday. Meta surged 11% on momentum from its new Muse AI app and an upgraded price target from Wells Fargo. Airbnb continues strong revenue growth despite headwinds from rising travel costs and regulatory scrutiny. Beam Therapeutics is recovering after recent clinical trial data showed efficacy in its gene-editing treatment for alpha-1 antitrypsin deficiency.
RBC Capital analyst Brad Erickson reiterates Airbnb (NASDAQ:ABNB) with a Outperform and maintains $195 price target.
Maplebear shares are trending Wednesday after it announced that Meta's Muse will connect to Instacart's grocery infrastructure.
Through the partnership, customers will be able to shop Dollar General's broad assortment of affordable products on Instacart, including food and snacks, household essentials, and health and beauty products - with
https://company.instacart.com/updates/instacart-to-bring-personalized-grocery-shopping-to-muse-from-meta