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Pinterest recently announced that Co-Founder and CEO Ben Silbermann would transition to the role of Board Executive Chairman. Former executive at Venmo, PayPal, and Google Bill Ready has been chosen as the new Pinterest CEO. Shares of Pinterest have cratered, falling ~80% from the...
Shares of Pinterest Inc ( NYSE: PINS ) are in focus after CEO Ben Silbermann who also co-founded the social media service in 2010 announced resignation. Former Pinterest head reacts to the news The $13 billion company named Bill Ready its new CEO. He has most recently served at ...
J.P. Morgan has saved some of today's biggest estimate cuts for companies competing in online advertising as it anticipates a weaker operating environment in the second half of the year and into 2023. That's part of a deep dive where the firm cut estimates and price targets on 26 co...
Pinterest gets a new CEO, the head of commerce at Google. Sadly, this likely will not meaningfully impact Pinterest's progress into 2023. I believe that Pinterest's 2023 EPS figures will end up being downwards revised. Pinterest is priced at 18x next year's EPS, but I believe that...
The Dow Jones Industrial Average rose on Wednesday, after the major averages made a failed attempt at a bounce in the previous session, and as the market prepares to close out the worst first half of the year since 1970. The 30-stock index gained 170.21 points to 31,117.20. The S&am...
%Pinterest ($PINS) long-time chief executive officer (CEO) Ben Silbermann is stepping down and will be replaced by former %Google ($GOOGL) executive Bill Ready. The leadership change comes as social media platform Pinterest pivots to focus on a new e-commerce strategy and ...
The changing of the guard atop Pinterest ( NYSE: PINS ) is an indication of the social-media company's moves further into e-commerce, analysts are saying in reaction to the move. Pinterest's co-founder Ben Silbermann announced he was moving from the CEO job to executive chai...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: rafapress / Shutterstock.com Upstart (NASDAQ: UPST ) stock is taking a beating on Wednesday after Morgan Stanley analyst James Faucette hit the shares with a downgrade . That downgrade saw Faucette dr...
Stock Market Today Mid-Morning Updates On Wednesday, the Dow Jones Industrial Average is up by 170 points. Companies like Nike ( NYSE: NKE ) have reported earnings and have warned that persistent problems like inflation and supply chain disruptions will continue to weigh...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Pinterest (NYSE: PINS ) stock is down slightly today on news that the social media company’s long-time CEO Ben Silbermann is stepping down. The San Francisco-based company said that Silbermann will be replac...
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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...