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Morgan Stanley has given its take on the Internet macroeconomic slowdown story, cutting estimates for online advertising and e-commerce amid a growing risk of recession - but is staying upbeat, still expecting heavy upside from its blue-chip choices in the space. A warning about macro deterio...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips These six sucker stocks may look like bargains right now, as they have all recently fallen quite dramatically. However, their underlying problems or simply the fact that they have apparent problems could wear away at their ...
In a narrow vote, the Supreme Court has blocked a Texas law that would have stopped social media platforms from most content moderation. Texas had argued that limiting the platforms' ability to moderate content was necessary to protect the free speech of conservatives. “Once these busi...
Harding Loevner has been investing globally in high-quality, growing businesses based on disciplined industry research since 1989. Stock markets fell in the quarter, as the world watched in horror Russia’s invasion of Ukraine. China-based WuXi Biologics illustrates the perf...
Listen on the go! A daily podcast of Wall Street Breakfast will be available this morning on Seeking Alpha, iTunes, Stitcher and Spotify. Investors enjoyed a breather this week from the market's April-and-May selloff that had taken the Nasdaq Composite solidly into bear territory and the S&am...
Week to date, shares of Pinterest (NYSE: PINS) were trading down 12.4% as of 12:46 p.m. ET on Friday, according to data provided by S&P Global Market Intelligence . Social media stocks across the board sold off earlier this week after Snap revised its outlook down ov...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Snap ( SNAP ) stock collapsed by 43% after warning that growth was slowing. Snap has never made money. It warned that EBITDA will fall below estimates. It’s dead money until it convinces markets its reinve...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Snap’s ( SNAP ) ad-driven sales threat triggers wider sell-off and sets up three stocks to short. Meta Platforms ( FB ): Is troubled and holds downside risk and bearish opportunity. Twitter ( TWT...
Shares of Pinterest (NYSE: PINS) spiked today on seemingly no company-specific news. Instead, it appears that investors are rushing back to the stock following its massive sell-off yesterday. Some comments and a bleak economic outlook from fellow technology company Snap sent soc...
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) , ...
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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...