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Pinterest (PINS 0.77%) stock surged 12.39% on May 12, a few days after the company delivered a surprisingly strong Q1 earnings report.
CNBC's Julia Boorstin and Pinterest CEO Bill Ready, join 'Money Movers' to discuss company, ad market, consumer behavior and more.
With the market settling down and trade tensions easing (for now), let's look at four artificial intelligence (AI) stocks that investors might want to consider buying right now. These are all leading tech companies with solid opportunities ahead.
Share prices of Pinterest (PINS 0.03%) soared after the social media company reported strong results on May 8. They got another boost a few days later on news of easing tensions in the U.S.-China trade war.
Pinterest has now publicly apologized for the wave of moderation issues that have swept across the social network over the past few weeks, leading to account bans and Pin removals that users said were unwarranted. In posts published to social media Tuesday, the company took responsibility for the issue, saying that an “internal error” led to some users' accounts mistakenly being deactivated.
Pinterest (PINS) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Pinterest reported solid results across most metrics in Q1, although the relative strength of its business is likely to become more apparent as the year progresses. While tariffs have created uncertainty, the impact on Pinterest's business does not appear to be material at this stage. Pinterest is attractively priced when considering the strength of its balance sheet, solid growth prospects and likely margins at scale.
Explore how Pinterest's (PINS) revenue from international markets is changing and the resulting impact on Wall Street's predictions and the stock's prospects.
Pinterest (PINS 4.90%) reported fantastic quarterly earnings results that increased the stock price following the announcement.
Christine Martinez, who was a friend of two of Pinterest's three co-founders, sued the company in 2021 for breach of implied contract and other claims.