Pinterest Stock Falls for a 7th Straight Day as CEO Flags Overseas Ad Pressure
Bill Ready said U.S. and Canada ads sped up, but international business faces near-term pain from new European rules.
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Pinterest CFO Julia Donnelly to Leave as Growth Cools
Julia Donnelly steps down as Pinterest CFO on Oct. 30. The company starts an external search after 11 quarters of double-digit growth.
Pinterest Warns of Slower Growth as Ad Giants Heat Up Competition
Pinterest posts $1.18B in revenue (+18%) and a record 640M users, but shares fall on a slower 13%-15% Q3 growth forecast amid rising ad competition.
Pinterest Drops $4 Billion on Amazon Cloud to Turbocharge AI for 600 Million Users
Pinterest signed a $4B AWS deal to boost AI for better search, recommendations, and ads, improving user experience globally.
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.
Elliott Invests $1B in Pinterest, Fuels $3.5B Share Buyback
Activist investor Elliott Management injects $1 billion into Pinterest via convertible notes at a 30% premium. Pinterest launches $3.5B buyback program, using proceeds for $1B accelerated share repurchase.