Instacart (CART) shares are falling following a report from The Information indicating that the company experienced slowing revenue growth and lower profits. The grocery delivery company, which recently became public, is now operating with a "Hold" rating. Shares of Kellanova (K) and WK Kellog Co (KLG) — Kellog's split into its snack and cereal segments — are falling ahead of the closing bell on their first-day trading as separate entities. Nvidia (NVDA) stock rises ahead of Monday's closing bell after being added to Goldman Sachs' "Conviction Buy List." Goldman analysts cite Nvidia's leadership position in artificial intelligence as the motivating factor for the call. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
(Bloomberg) -- WK Kellogg Co, the maker of Frosted Flakes, is betting on expanding cold cereal to dinner and snacking to attract customers and fuel sales for the Kellogg spinoff.Most Read from BloombergKey Taiwan Tech Firms Helping Huawei With China Chip PlantsWhy a US Recession Is Still Likely — and Coming SoonAirbnb Is Fundamentally Broken, Its CEO Says. He Plans to Fix It.Stocks, Bonds Sell Off as Volatility Makes Return: Markets WrapJPMorgan’s Dimon Predicts 3.5-Day Work Week for Next Genera
Kellanova (K) concludes the separation of its North American cereal business, WK Kellogg Co, to unlock its full standalone potential.