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Uber adding Costco as grocery partner

At its Go-Get 2024 event, Uber (UBER) said that, “Uber Eats is partnering with Costco (COST) to make it easier than ever to get everything you need – for summer gatherings and beyond – delivered straight to your door. Stock up on all of your Costco favorites with just a few quick taps, and celebrate together.” Shares of Uber and Costco have gained about 1% to $66 and $786.75, respectively, while Instacart (CART) has dropped almost 5% to $32.70 in morning trading.

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