Big Foundation Exits Instacart, Sells Samsara and ServiceNow Stock - Barron's
1. Wellcome Trust sold all Instacart shares, indicating potential financial concerns. 2. Samsara shares were trimmed, showing less confidence in tech growth prospects. 3. ServiceNow also saw share reductions by Wellcome, despite strong AI-driven performance. 4. Maplebear stock surged in 2024, reflecting consumer spending resilience. 5. Instacart’s workforce reduction could signal competitive pressures affecting its market position.