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For investors on a limited budget who are looking for growth stocks, Chegg (NYSE: CHGG) and Pinterest (NYSE: PINS) are excellent options. As of this writing, both are selling at a price per share of less than $25. Chegg is an education technology company with a robust, c...
In something of a rebound week for the market, Communications stocks led the broader market higher along with consumer and tech names, while energy and utilities took the losses in post-holiday trading. The Communication Services Select Sector SPDR Fund ( XLC ) rose 3.5% ove...
If you think stocks are always priced appropriately, think again. While the so-called efficient market hypothesis may be correct in the sense that all information is always quickly disseminated, that doesn't mean analysts and investors always properly interpret that information. Every now a...
Shares of Pinterest (NYSE: PINS) fell 50% during the first half of 2022, according to data provided by S&P Global Market Intelligence . To be fair, the S&P 500 was down over 20% during this time -- its worst start to a year since 1970. However, Pinterest has und...
Meta Platforms ( NASDAQ: META ) and Alphabet ( NASDAQ: GOOG ) ( NASDAQ: GOOGL ) slipped on Wednesday as investment firm Guggenheim cut earnings estimates and price targets on both companies, citing a "more modest" advertising environment through next year. An...
Philippe Laffont’s 13F portfolio value decreased from $22.55B to $13.67B this quarter. They increased Block Inc., DoorDash, Netflix, Uber, and Peloton Interactive while dropping Applied Materials, Pfizer, Lam Research, Kanzhun Limited, and Confluent. Their top three positio...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips In financial markets, cash flows, growth outlook and valuation does matter. However, investor sentiment plays a key role in driving growth stocks higher or lower. When the economic outlook is positive and the financial syst...
It's not clear whether the economy is headed for recession - or if it's already entered one - but the mood in the Communication Services sector is marked by lowered expectations for the second half of 2022, after what seemed like a nascent recovery from pandemic disruptions ran headlong...
Shares of Pinterest (NYSE: PINS) were under pressure this week along with the rest of the market to end the worst first half of a year for stocks in over 50 years. For the sake of keeping score, the social media stock was down 13% on the week, the S&P 500 was down 2.2%, and ...
Elon Musk agreed to buy Twitter for $54.20, but has been trying to get a lower price ever since. With Musk, TWTR has a significant upside. Without Musk, TWTR has a limited downside. Meanwhile, Tesla is facing many challenges that are unlikely to get any better over the next 6-12 m...
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Pinterest Inc. Class A Company Name:
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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...
Pinterest (NYSE: PINS) has been in the spotlight since Elliott Investment Management, a notable activist investing firm, acquired a 9% stake in the company in July 2022. This move was a turning point for Pinterest, which at the time was trading at less than $20 per share. Since Elliott ...