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PINS News30 articles
Brands Ramp Up Creator Spending, Yet ROI Remains Elusive
83% of major brands boosted social and creator marketing budgets in two years, but 65% still can't prove returns, pressuring agencies as brands shift to specialists.
Reddit Stock Jumps as Analysts Flag Strong Ad Momentum
Reddit shares surged 6.6% after two analyst firms cited stronger ad demand and raised revenue forecasts, with Cleveland Research noting 45% of advertisers beat ROI targets in Q2.
Snap Stock Slips Despite Credit Upgrade as Ad Market Woes Persist
Snap shares fell 2.1% to $5.64 on Monday, failing to join a broader tech rally, as market doubts about its ad business resilience persist despite a recent credit upgrade.
Amazon Slips as Tech Selloff Intensifies; AWS Deal Fails to Stem Losses
Amazon dropped 3.1% on Friday despite a $4 billion AWS deal with Pinterest, as tech selling and rate fears hit the Nasdaq. Investors focus on AI spending, falling free cash flow, and new EU cloud rules.
Snap Stock Rises on Credit Rating Upgrade as Debt Markets Signal Confidence
Snap shares jumped almost 7% after S&P Global Ratings raised its credit rating to BB-, citing lower leverage, improved free cash flow, and expected revenue gains.
Snap Stock Steady at $5.71 as Ad Recovery Hopes Tested
Snap stock stayed at $5.71 after a 3.4% Friday decline, with Q1 revenue rising 12% to $1.529 billion but ad revenue growth slowing to 3%. Investors assess user gains against North America weakness and stiff competition.
Pinterest Stock Dips Despite Strong Q1; Focus on June Outlook
Pinterest shares slipped 2.9% on Friday to $20.05, yet posted a weekly gain of 3.9% following robust Q1 earnings. The company reported 18% revenue growth and an 11% rise in global users.
Snap Stock Slips as Ad Recovery Remains Elusive
Snap Inc. shares fell nearly 2% to $5.80 on Friday, underperforming the broader market as advertising revenue growth remained sluggish.
Reddit Stock Dips 5% Despite New Ad Tools and Strong Revenue Growth
Reddit shares dropped 5.2% to $146.84 on Wednesday, underperforming the broader market, as the company rolled out new ad products and disclosed insider selling by a trust linked to CEO Steve Huffman.
Pinterest Shares Slide 6%, Wiping Out Post-Earnings Rally
Pinterest shares fell about 6% Tuesday, erasing post-earnings gains, despite Q1 revenue growth and a Q2 forecast above analyst expectations.
Snap Stock Recovers Slightly as Legal Settlement and Ad Weakness Loom
Snap shares rose 3.17% to $5.53 on Friday, but remain down 9% for the week. A legal settlement with school districts and continued ad market pressure set up a challenging Monday for SNAP.
Nasdaq Hits Record as Oil Pulls Back, Earnings Boost Wall Street
The Nasdaq composite reached a record high Tuesday as tech stocks surged, crude oil prices fell, and strong corporate earnings buoyed Wall Street.
Pinterest Shares Surge on AI Ad Tools and Revenue Forecast Beat
Pinterest forecast Q2 revenue above Wall Street expectations, sending shares up 15% after-hours. AI-driven ad platform Performance+ now drives ~30% of lower-funnel revenue.
Futures Edge Higher as Oil Retreats, JOLTS Data in Focus
U.S. stock futures edged higher Tuesday as oil prices pulled back, with the Nasdaq 100 leading gains ahead of JOLTS data and earnings from AMD, Pfizer, and KKR.
Pinterest Shares Jump 15% After Q1 Revenue Beat, AI Ad Push Drives Upbeat Outlook
Pinterest shares jumped 15% in after-hours trading after Q1 revenue of $1.008B beat estimates, with a strong Q2 outlook driven by AI-powered ad tools.
Reddit Surges 16% on Strong Q2 Revenue Forecast, AI Ad Tools Drive Growth
Reddit shares jumped 16% in premarket trading after forecasting Q2 revenue above Wall Street estimates, driven by AI-powered ad tools and strong user growth.
Snap Plunges 11% on EU Child-Safety Probe, Drags Social Media Peers Lower
Snap shares fell nearly 11% to $4.01, hitting a 52-week low, after the European Union initiated a formal investigation into the platform's safeguards for minors. The decline reflects mounting regulatory pressure across social media.
Snap Shares Plunge to 52-Week Low Amid Ad Market Uncertainty
Snap Inc. shares tumbled to a 52-week low of $4.37, down over 54% in the past year, despite reporting a 10% revenue increase. First-quarter guidance fell short of analyst expectations.
Snap Shares Extend Decline Amid Tech Selloff, Ad Pressure Persists
Snap Inc. shares declined again Thursday, marking a third straight loss amid a broader selloff in technology stocks. The stock now trades 56% below its July high as the company grapples with pressure on its core advertising business.
Snap Shares Dip Amid Regulatory Scrutiny and Ad Revenue Concerns
Snap shares fell nearly 1% as regulators in the UK and Australia ramped up pressure over child safety enforcement. The company also faces investor caution after providing a first-quarter revenue forecast slightly below Wall Street expectations.
Pinterest Shares Drop 6.6% Amid Broader Market Selloff, Ad Concerns Persist
Pinterest shares declined 6.6% to $18.09 Thursday, pressured by a broader market downturn and ongoing skepticism about retailer ad spending despite significant backing from activist investor Elliott Management.
Pinterest Secures $1B Elliott Investment, Launches $3.5B Buyback
Pinterest announced a $1 billion strategic investment from activist investor Elliott Investment Management alongside a new $3.5 billion share buyback authorization. The company's stock rose nearly 5% in early trading following the news.
Communication Sector Stalls as Ad Worries Offset Gains
Communication services stocks lacked momentum entering a holiday-shortened week, with the sector's main ETF finishing essentially unchanged. Heavyweight internet stocks declined while telecom and media names provided some support.
Meta Shares Slide Amid Ad Market Jitters, Pinterest Plunge
Meta Platforms shares declined Friday, pressured by broader tech weakness and concerns over digital advertising demand after Pinterest issued a disappointing forecast.
Communication Services Stocks Face Pressure from Pinterest Plunge, Alphabet Debt, and Media Deals
Pinterest's sharp decline on weak ad outlook weighs on the communication services sector, while Alphabet's bond sale and media merger activity set the stage for Tuesday's trading.
Pinterest Plunges on Weak Revenue Forecast, Job Cuts
Pinterest shares tumbled roughly 20% in premarket trading after the company projected first-quarter revenue below analyst expectations, citing reduced advertising spending by major retailers.
Pinterest Shares Slide on Cautious Q1 Revenue Outlook
Pinterest shares declined roughly 3% in extended trading after the company issued a first-quarter revenue projection that fell short of Wall Street expectations.
Reddit Shares Surge 5% as Analysts Recalibrate Following Strong Q4
Reddit stock climbed over 5% in afternoon trading, defying a flat broader market, as Wall Street analysts adjusted price targets following last week's robust earnings report and a new $1 billion share buyback authorization.
Reddit Shares Surge as Analysts Maintain $300 Targets Despite Engagement Concerns
Reddit stock climbed 6.5% after Citizens and Needham reaffirmed $300 price targets, though user engagement metrics show signs of softening. Broader markets edged higher ahead of key U.S. economic data.
Reddit Shares Recover as Analysts Recalibrate Following Mixed Q4 Results
Reddit stock gained 2% in morning trading, rebounding from last week's post-earnings decline. Analysts issued divergent price target revisions as investors assessed user growth and advertising momentum.