Pinterest Just Had Its Best Quarter in Nearly 2 Years
Pinterest had a strong Q1: revenue up 18% to $1.01B, users hit 631M. Stock jumped. AI tools and outlook are improving.
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Pinterest had a strong Q1: revenue up 18% to $1.01B, users hit 631M. Stock jumped. AI tools and outlook are improving.
Despite launching Grow a Garden 2, Roblox saw a 5% year-over-year decline in users. Citi maintains a Buy rating and a $70 price target amid Q2 concerns.
The deal would boost Qualcomm’s AI software capabilities and challenge NVIDIA’s dominance in AI inference.
Avis Budget Group has reached a $650 million settlement with Pentwater Capital to resolve its short-swing profits lawsuit. The agreement is subject to court approval.