We recently published a list of Why These 10 Firms Soared on Monday. In this article, we are going to take a look at where Maplebear Inc. (NASDAQ:CART) stands against other Monday’s best performers.
The stock market kicked off the trading week on a negative note as investors sold off on a new round of uncertainties from President Donald Trump’s tariff policies.
The Nasdaq fell by 0.74 percent, while the S&P 500 dropped 0.64 percent and the Dow Jones was down by 0.24 percent.
Over the weekend, Trump told reporters that the US was negotiating with many countries, “but at the end of this, I’ll set my own deals — because I set the deal, they don’t set the deal.”
He added that he had no intentions to talk with Chinese President Xi Jinping, dampening hopes of a potential negotiation between the two of the world’s largest economies.
Beyond the major indices, 10 companies stood out with strong gains amid a flurry of fresh developments. In this article, we name Monday’s 10 best performers and detail the reasons behind their gains.
To come up with the list, we considered only the stocks with a $2-billion market capitalization and $5-million trading volume.
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Maplebear Inc. (NASDAQ:CART)
Maplebear Inc., operator of Instacart, grew its share prices by 4.14 percent on Monday to end at $47.09 apiece as investors cheered the company’s strong order volume in the first quarter of the year and optimism over its artificial intelligence adoption efforts.
Despite reporting disappointing profits in the first quarter of the year, investors cheered strong orders growth, jumping 14 percent to $83.2 million from $72.8 million year-on-year.
The figure helped propel the company’s revenues by 9.4 percent to $897 million from $820 million year-on-year, but failed to push its net income, which ended 18.5 percent lower at $106 million versus the $130 million registered in the same period last year.
Looking ahead, Maplebear Inc. (NASDAQ:CART) said that its customers will see an AI-driven Instacart as the company continues to embrace the technology.
“Smart Shop, our new AI-powered personalization foundation, is another step in this direction. By combining proprietary shopping data, advanced machine learning, and LLM reasoning, we’re making shopping faster, easier, and more personal than ever,” it said.
Overall, CART ranks 7th on our list of Monday’s best performers. While we acknowledge the potential of CART as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than CART but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
Disclosure: None. This article is originally published at Insider Monkey.
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