We recently published a list of What Propelled These 10 Firms’ Double-Digit Gains? In this article, we are going to take a look at where Maplebear Inc. (NASDAQ:CART) stands against other Friday's top performers.

The stock market ended the trading week on a strong note, with all major indices clocking in strong gains, as investors cheered better-than-expected non-farm payrolls last month while digesting more corporate earnings results.

The tech-heavy Nasdaq led the rally among all major indices, finishing up by 1.51 percent. The S&P 500 clocked in a 1.47-percent gain, while the Dow Jones grew by 1.39 percent.

Ten companies also mimicked the broader market optimism following impressive earnings performance and an optimistic outlook for the rest of the year. In this article, we have identified the 10 top performers on Friday and detailed 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.

Maplebear Inc. (NASDAQ:CART)

Maplebear Inc., operator of Instacart, grew its share prices by 13.62 percent on Friday to finish at $45.22 apiece as investors cheered the company’s strong order volume in the first quarter of the year and its leaning into artificial intelligence to bolster operations.

In its earnings release, Maplebear Inc. (NASDAQ:CART), said that orders in the first quarter of the year increased by 14 percent to $83.2 million from $72.8 million in the same period last year, reflecting continued consumer confidence amid a generally uncertain market environment.

The huge order volume 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 during the period, having 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, having incorporated the technology into its operations.

“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 9th on our list of Friday's top 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.