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In this video, I will be talking about why the market crash after Snap 's (NYSE: SNAP) lowered Q2 guidance makes no sense and why you should be looking for bargains. Digital advertising and social media companies like Pinterest (NYSE: PINS) , Roku (NASDAQ: ROKU) , ...
We think the QQQ is no longer overvalued. Over the past six months, the massive value compressions have brought down the tech generals. Despite that, we think tech is still not undervalued. Therefore, a deep global depression remains the most significant risk to its valuation. Our...
As Wall Street struggled for direction after a rebound the previous day, the major U.S. equity averages finished mixed on Tuesday. A late rebound allowed the Dow to finish higher, while the Nasdaq posted a decline of 2.4%. The slide among tech stocks was encouraged by warning from Snap (NYSE:...
Snap (NYSE:SNAP), the "camera company" social-media platform, may not want to keep the picture of Tuesday's market action. Snap stock fell 43% on the day, its worst single decline ever. That nearly halved a market value that had reached over $38 billion; the company's now worth just under $21...
Snap (NYSE: SNAP) issued a warning after the market close on Monday, suggesting that the economic picture was rapidly declining, sending its stock down as much as 41.7%. As a result, many digital advertisers and social media stocks plunged in unison. Pinterest (NYSE: PINS)...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Snap (NYSE: SNAP ) has issued a grim Q2 earnings forecast The company cited worse-than-expected economic headwinds as the driving factor Other social media and tech stocks are falling alongside it today Sourc...
Gainers: Better Therapeutics (BTTX) +26%. America's Car-Mart (CRMT) +25%. GeoVax Labs (GOVX) +17%. Platinum Group Metals (PLG) +17%. Zentek (ZTEK) +16%. China Liberal Education Holdings (CLEU) +13%. Charge Enterprises (CRGE) +13%. Citi Trends (CTRN) +13%. Cango (CANG) +13%. Losers: Snap (SNAP...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips The Trade Desk (NASDAQ: TTD ) stock is falling on news from Snap (NYSE: SNAP ). Snap warned it won’t meet internal guidance for revenue or profit. This is hammering internet stocks today alongside ma...
The S&P 500 is no longer overvalued. Its PEG ratio of 1.1x puts it close to historical bear market lows. However, the index remains in a bearish flow. We discuss several levels of interest that investors need to watch closely for the bear trap reversal price action signal. Focus o...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Fisker (NYSE: FSR ) is falling on a stock offering announcement. It plans to offer up to $350 million of new FSR shares. This dilutes current shares and explains today’s drop. Source: Eric Broder Van ...
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Pinterest Inc. Class A Company Name:
PINS Stock Symbol:
NYSE Market:
Pinterest Inc. Class A Website:
2024-07-31 07:30:08 ET Goldman Sachs analyst issues BUY recommendation for PINS on July 31, 2024 05:21AM ET. The previous analyst recommendation was Buy. PINS was trading at $37.35 at issue of the analyst recommendation. The overall analyst consensus : BUY. Current a...
2024-07-31 00:00:27 ET Image source: The Motley Fool. Pinterest (NYSE: PINS) Q2 2024 Earnings Call Jul 30, 2024 , 4:30 p.m. ET Operator Continue reading For further details see: Pinterest (PINS) Q2 2024 Earnings Call Transcript
Q2 Revenue of $854 million, an increase of 21% Record 522 million global monthly active users, an increase of 12% Pinterest, Inc. (NYSE: PINS) today announced financial results for the quarter ended June 30, 2024. Q2 revenue grew 21% year over year to $854 million. G...