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Inflation fears are about to turn into growth scares. We need growth to slow in order to bring the rate of inflation down. Focus on what people are doing more so than what they are saying. A slower rate of growth should be expected, but the expansion should continue. For...
Pinterest (NYSE: PINS) announced it has agreed to acquire The Yes, a fashion shopping platform that creates a personalized feed based on user input. This is the company's most significant acquisition in some time and represents the first signs of a serious pivot in its growth strate...
Pinterest (NYSE:PINS) has agreed to acquire an AI-powered shopping platform, THE YES. Financial terms of the deal were not disclosed. Founded in 2018 by CEO Julie Bornstein and CTO Amit Aggarwal, THE YES platform uses human expertise and machine learning to power a comprehensive algorithm in ...
Pinterest, Inc. (NYSE: PINS) - Today, Pinterest is announcing that it’s signed a definitive agreement to acquire THE YES, an AI powered shopping platform for fashion that enables users to shop a personalized feed based on the user's active input on brand, style, and size. Pintere...
Google (Alphabet) is acquiring cybersecurity firm Mandiant at $23 per share. Mandiant trades at around $22 per share. The spread seems attractive for a deal that seems highly likely to close. For further details see: Why I Like Google's Mandiant Deal
Pinterest (NYSE: PINS) has struggled to stabilize after a volatile couple of years. Revenue and user growth surged at the pandemic's onset as folks spent more time at home. Then, as economic reopening gained momentum, the tailwind turned into a headwind. Pinterest had shed month...
Facebook parents company Meta Platforms (NASDAQ:FB) saw its shares hold steady Thursday as Wall Street analysts assessed Sheryl Sandberg stepping down from her chief operating officer post at the social-networking giant. Sandberg announced her departure after 14 years at Meta/Facebook (...
Snap (NYSE:SNAP) and Pinterest (NYSE:PINS) fell on Thursday after investment firm Piper Sandler downgraded the two social networks, noting that the outlook for digital advertising spending is start to normalize, after a "strong two-year stretch." Analyst Thomas Champion noted that multiples f...
Founded in 2006 by Morty Schaja and Mitch Rubin, RiverPark manages research-driven, focused strategies in equities, fixed income and venture capital. Over this year’s first three months, the RiverPark Large Growth Fund (the “Fund”) lost 19.6%. Rather than foll...
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...
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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...