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Marc Steinberg Joins Board as Independent Director Pinterest, Inc. (NYSE: PINS) today announced it has entered into a long-term cooperation agreement with Elliott Investment Management L.P. (together with certain affiliates, “Elliott”), including the appointment of Marc Stei...
Shares of Pinterest (NYSE: PINS) were down 3.7% as of 12:38 p.m. ET on Tuesday following concerns about a possible recession on the horizon. Bank executives at Bank of America and JPMorgan Chase warned of a recession coming next year, and that could have negative conseque...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Elon Musk is generating his own news cycle again. This time, the Tesla (NASDAQ: TSLA ) CEO isn’t making waves for his focus on electrification. Rather, it’s the social media space that’s been ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Although commitment through astounding odds stirs the soul, when it comes to stocks that are screaming sells, investors must consider the stone-cold fundamentals. To be clear, this list isn’t about bashing particular sec...
Roku (NASDAQ: ROKU) and Pinterest (NYSE: PINS) both experienced major growth spurts during the pandemic as more people stayed at home. Roku sold more streaming devices as advertising revenues on its software platform (which also runs on third-party devices) consistently incr...
In retrospect, it's pretty clear that the 700% rally Pinterest (NYSE: PINS) shares dished out during the early days of the pandemic was simply too much, too fast. Everyone knew everyone else was spending a lot of time at home -- and online -- but the situation didn't quite merit thi...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips The markets had something to cheer about as inflationary pressure eased on a relative basis in October. However, uncertainties will continue to dominate the headlines and market trends. A recession seems inevitable...
Given the massive declines in some stocks in 2022, the idea of "not worrying" may sound insane. Huge losses signal a considerable loss in confidence in a stock, and the market does not guarantee that any of these stocks will come back. Still, upon closer examination of a company's busin...
2022 has been a challenging year for many stocks, especially those listed on the Nasdaq Composite . Down 28% year to date, the tech-heavy index is leading the market decline, and Amazon (NASDAQ: AMZN) and Pinterest (NYSE: PINS) haven't escaped t...
Summary Apple continues to trade at a premium to its peers and the broader market despite looming macro headwinds that will likely hit consumer sectors hardest. With the recent return of COVID lockdowns in key production hubs in China, and deteriorating purchase power in the retai...
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2024-07-28 05:59:00 ET On July 19, The Wall Street Journal reported that activist investment firm Elliott Investment Management had purchased a sizeable (but unspecified) stake in coffee giant Starbucks (NASDAQ: SBUX) . Over the last five years, Starbucks stock is down almost 16...
Pinterest (NYSE: PINS) is gearing up to share its financial achievements and challenges for the second quarter of 2024 on July 30th, 2024, after the stock market closes. This announcement is highly anticipated, as it provides investors and stakeholders with a snapshot of the company’...