18 stories mentioning PINSUpdated 10d ago
Every FINWIRES story that references PINS, newest first.
Benjamin Silbermann, 10% Owner, Director, on June 09, 2026, sold 93,750 shares in Pinterest (PINS) for $2,025,689. Following the Form 4 filing with the SEC, Silbermann has control over a total of 13,996 Class A common shares of the company, with 13,996 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1506293/000177391426000006/xslF345X05/wk-form4_1781127652.xml
Benjamin Silbermann, 10% Owner, Director, on June 02, 2026, sold 93,750 shares in Pinterest (PINS) for $1,911,530. Following the Form 4 filing with the SEC, Silbermann has control over a total of 13,996 Class A common shares of the company, with 13,996 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1506293/000177391426000004/xslF345X05/wk-form4_1780604290.xml
Pinterest (PINS) said Thursday it is expanding its collaboration with Amazon.com's (AMZN) Amazon Web Services, its preferred cloud services provider.The expanded agreement includes a planned $4 billion commitment for cloud services until 2031, the company said, adding that the move will support AI projects and provide a better search and shopping experience.As part of the expanded deal, the company said it will diversify its use of accelerated compute to back its increasing AI needs.Price: $20.77, Change: $+0.08, Percent Change: +0.39%
Wanjiku Juanita Walcott, Chief Legal & Business Affairs Officer, on May 29, 2026, sold 27,337 shares in Pinterest (PINS) for $559,403. Following the Form 4 filing with the SEC, Walcott has control over a total of 724,673 Class A common shares of the company, with 724,673 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1506293/000178137326000006/xslF345X05/wk-form4_1780437534.xml
The Nasdaq Composite and the S&P 500 advanced to new highs on Tuesday as oil prices pulled back, while traders digested a fresh batch of corporate earnings reports.The Nasdaq rose 1% to 25,326.1, while the S&P 500 climbed 0.8% to 7,259.2, both marking their highest finish ever. The Dow Jones Industrial Average advanced 0.7% to 49,298.3.All sectors ended in the green, led by materials followed by technology. Intel (INTC), Micron Technology (MU), Apple (AAPL), and Cisco Systems (CSCO) were among the tech names that logged gains on Tuesday.West Texas Intermediate crude fell 3.4% to $102.81 per barrel in afternoon trading, while Brent shed 3.6% to $110.31.US Defense Secretary Pete Hegseth reportedly said that the ceasefire agreement with Iran remained intact despite renewed tensions in the Gulf region.The comment came a day after Tehran fired missiles and drones at the United Arab Emirates, reigniting concerns about the fragile ceasefire between the US and Iran.The US military destroyed six Iranian boats in the Strait of Hormuz on Monday after Tehran attacked US Navy ships and commercial vessels, CNN reported, citing Admiral Brad Cooper, the head of the US Central Command. A senior Iranian military official reportedly disputed that claim.US Treasury yields were lower, with the 10-year rate down 2.1 basis points at 4.42% and the two-year rate falling 1.6 basis points to 3.95%.In company news, Pinterest (PINS) shares jumped 6.8%. The image-sharing platform company posted better-than-expected first-quarter results late Monday and forecast up to 16% revenue growth year over year for the ongoing three-month period.Shopify (SHOP) on Tuesday issued a second-quarter revenue outlook that implied a sequential slowdown in annual growth. The stock slid nearly 16%.PayPal (PYPL) shares slumped 7.8% after the payments company said it was targeting at least $1.5 billion in cost cuts over the next few years, while it maintained its full-year earnings outlook.Palantir Technologies (PLTR) shares dropped 6.9%, despite the software maker raising its 2026 revenue outlook and first-quarter results topping Wall Street's expectations.In economic news, two surveys released Tuesday painted a mixed picture of the US services sector in April, with Institute for Supply Management data showing a deceleration in growth and an S&P Global (SPGI) report indicating a return to expansion."The services sector continues to expand, but the sharp cooling in new orders alongside still-subdued employment momentum suggests growth may be becoming less durable," TD Economics Senior Economist Vikram Rai said in a note.On Friday, ISM and S&P surveys showed that the US manufacturing sector saw continued growth in April, though inflationary pressures intensified amid disruptions caused by the Middle East conflict.New-home sales in the US grew past Wall Street's estimates for March, driven by a demand surge in the Northeast region, government data showed.Gold rose 0.8% to $4,568.70 per troy ounce, while silver lost 0.3 % to $73.30 per ounce.
Tech stocks were higher late Tuesday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) rising 2.3% and the State Street SPDR S&P Semiconductor ETF (XSD) adding 4.2%.The Philadelphia Semiconductor index climbed 4.2%.In corporate news, Apple (AAPL) will let users select from multiple third-party AI models for tasks across its iOS 27 software, Bloomberg reported. Apple shares were up 2.7%.Blackstone (BX) and KKR (KKR) are in talks with Alphabet (GOOGL) to allow their portfolio companies access to Google's AI models, Bloomberg reported. Alphabet shares added 1.1%.Pinterest (PINS) shares jumped 7.4% after it posted better-than-expected Q1 results late Monday and forecast up to 16% revenue growth year over year for the ongoing three-month period.Amazon-backed (AMZN) Anthropic introduced new AI agents built for a broader mix of financial services tasks, Bloomberg reported. Amazon shares rose 0.6%.
US benchmark equity indexes were higher intraday as oil prices fell after Defense Secretary Pete Hegseth said the ceasefire agreement with Iran remains intact.The Nasdaq Composite was up 1% at 25,307.8 after midday Tuesday, while the S&P 500 rose 0.9% to 7,262.2. The Dow Jones Industrial Average advanced 0.7% to 49,283. Barring financials and communication services, all sectors were in the green, led by materials.West Texas Intermediate crude was down 4.4% at $101.73 per barrel in afternoon trading, while Brent fell 4% to $109.91."The ceasefire is not over," Hegseth said in a press briefing at the Pentagon, according to a CNBC report.The comment came a day after Tehran fired missiles and drones at the United Arab Emirates, reigniting concerns about an already fragile ceasefire between the US and Iran.The US military destroyed six Iranian boats in the Strait of Hormuz on Monday after Tehran attacked US Navy ships and commercial vessels, CNN reported, citing Admiral Brad Cooper, the head of the US Central Command. A senior Iranian military official reportedly disputed that claim.US Treasury yields were lower intraday, with the 10-year rate down 2.9 basis points at 4.41% and the two-year rate falling 2.6 basis points to 3.94%.In company news, Pinterest (PINS) shares were advancing by 9.1% in Tuesday afternoon trading. The image-sharing platform company posted better-than-expected first-quarter results late Monday and forecast up to 16% revenue growth year over year for the ongoing three-month period.Shopify (SHOP) on Tuesday issued a second-quarter revenue outlook that implied a sequential slowdown in annual growth. The stock was down 15%.PayPal (PYPL) shares were down 9.1% intraday, the third-worst performer on the S&P 500. The payments company said it was targeting at least $1.5 billion in cost cuts over the next few years, while it maintained its full-year earnings outlook.Palantir Technologies (PLTR) shares were down 6.6% intraday, among the worst performers on the S&P 500, despite the software maker raising its 2026 revenue outlook and first-quarter results topping Wall Street's expectations.Advanced Micro Devices (AMD) and Arista Networks (ANET) are expected to announce their earnings after the markets close.In economic news, two surveys released Tuesday painted a mixed picture of the US services sector in April, with Institute for Supply Management data showing a deceleration in growth and an S&P Global (SPGI) report indicating a return to expansion."The services sector continues to expand, but the sharp cooling in new orders alongside still-subdued employment momentum suggests growth may be becoming less durable," TD Economics Senior Economist Vikram Rai said in a note.On Friday, ISM and S&P surveys showed that the US manufacturing sector saw continued growth in April, though inflationary pressures intensified amid disruptions caused by the Middle East conflict.New-home sales in the US grew past Wall Street's estimates for March, driven by a demand surge in the Northeast region, government data showed.Gold rose 0.7% to $4,566.70 per troy ounce, while silver advanced 0.4 % to $73.82 per ounce.
Tech stocks were higher Tuesday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) rising 2.4% and the State Street SPDR S&P Semiconductor ETF (XSD) climbing past 4%.The Philadelphia Semiconductor index climbed 4.7%.In corporate news, Pinterest (PINS) shares jumped nearly 10% after it posted better-than-expected Q1 results late Monday and forecast up to 16% revenue growth year over year for the ongoing three-month period.Blackstone (BX) and KKR (KKR) are in talks with Alphabet (GOOGL) to allow their portfolio companies access to Google's AI models, Bloomberg reported. Alphabet shares added 0.5%.Amazon-backed (AMZN) Anthropic introduced new AI agents built for a broader mix of financial services tasks, Bloomberg reported. Amazon shares rose 0.5%.Shopify (SHOP) shares slumped past 16% after the company on Tuesday issued a Q2 revenue outlook that implied a sequential slowdown in annual growth.
Tech stocks were higher Tuesday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) rising 2.2% and the State Street SPDR S&P Semiconductor ETF (XSD) climbing 4%.The Philadelphia Semiconductor index popped 4.5%.In corporate news, Pinterest (PINS) shares jumped past 8% after it posted better-than-expected Q1 results and forecast up to 16% revenue growth year over year for the ongoing three-month period.
Pinterest's (PINS) GPU investment and proprietary model improvement commentary is the "most intriguing" platform enhancement opportunity in some time for the stock as it could unlock engagement and targeting, RBC Capital Markets said in a Monday research report.A "better-than-feared" Q1 print came amid diminishing headwinds from large clients due to conversion improvements, Performance Plus accounting for 30% of lower funnel revenue, and the potential easing of headwinds in H2 from infrastructure investments and acquisitions, analysts wrote.The Q1 revenue beat was partly driven by surprising performance from the largest retail advertisers as AI-powered platform improvements started offsetting headwinds later in the quarter, the brokerage stated.The company expects global growth in Q2 to be moderated by deliberate management and organizational changes to the international go-to-market structure, as well as high cross-border spend following US tariffs, according to the note.The brokerage reiterated its sector perform rating on the stock and boosted its price target to $23 from $17.Price: $23.26, Change: $+2.41, Percent Change: +11.56%
US equity futures were higher pre-bell Tuesday as traders kept a close watch on the potential re-escalation of hostilities in the Middle East.Dow Jones Industrial Average futures were 0.4% higher, S&P 500 futures were up 0.5%, and Nasdaq futures were 0.8% higher.The UAE said that it was attacked by Iranian drones and missiles, while the US said it sank Iranian boats in the Strait of Hormuz.President Donald Trump had said that the US would help guide vessels stranded in the Persian Gulf. In a post Monday on Truth Social, he said that a South Korean cargo ship had been damaged by Iran, but the US had shot down seven Iranian small boats."Other than the South Korean Ship, there has been, at this moment, no damage going through the Strait," Trump said.Traders digested the latest round of earnings, with Palantir Technologies (PLTR) and Vertex Pharmaceuticals (VRTX) reporting higher Q1 adjusted earnings and revenue. HSBC (HSBC) also posted an increase in Q1 earnings and revenue.Oil prices were lower, with front-month global benchmark North Sea Brent crude down 2.2% at $111.91 per barrel and US West Texas Intermediate crude 3.2% lower at $103.04 per barrel.The US international trade deficit widened to $60.31 billion in March from a $57.78 billion gap in February, compared with a $61.0 billion gap expected in a survey compiled by Bloomberg as of 7:40 am ET.The S&P Global purchasing managers' index composite final report for April, due at 9:45 am ET, is seen reporting 52.1 versus 52.0 previously.March new home sales report, due at 10 am ET, is expected to post a 652,000 annual rate. The April Institute for Supply Management's services index is projected at 53.7 versus 54.0 previously. March job openings from the US Department of Labor's Job Openings and Labor Turnover Survey are expected to come in at 6.850 million compared with 6.882 million in the prior month.Federal Reserve Vice Chair for Supervision Michelle Bowman and Fed Governor Michael Barr are due to speak today.In other world markets, Japan's Nikkei and China's Shanghai Composite were closed due to public holidays. Hong Kong's Hang Seng ended 0.8% lower. The UK's FTSE 100 was down 1.4%, and Germany's DAX index was 1.6% higher in Europe's early afternoon session.In equities, Intel (INTC) shares were up 3.8% after Bloomberg reported the Apple (AAPL) has held early discussions with the company and Samsung Electronics on producing key device processors in the US. Anheuser-Busch InBev (BUD) stock was up 6.6% after the company reported fiscal Q1 underlying earnings and revenue that beat analysts' estimates. Pinterest (PINS) shares were up 18% after the company posted higher Q1 non-GAAP earnings and revenue that beat analysts' consensus.On the losing side, Palantir and HSBC shares were down 1.3% and 3.9%, respectively, after they reported Q1 financial results. Shopify (SHOP) stock was 5.9% lower after the company reported a Q1 loss while analysts expected earnings.
US equity futures were trending higher on Tuesday as traders await a fresh batch of corporate earnings and monitor developments in the Middle East.The S&P 500 and the Dow Jones Industrial Average rose 0.3% each in premarket activity, while the Nasdaq added 0.6%. The indexes finished the previous trading session lower.Shopify (SHOP), Pfizer (PFE), Duke Energy (DUK), KKR (KKR), Ferrari (RACE), American Electric Power (AEP), Transdigm (TDG), PayPal (PYPL) and Rockwell Automation (ROK) report their latest financial results before the bell, among others.Advanced Micro Devices (AMD), Arista Networks (ANET) and Strategy (MSTR) are expected to announce their earnings after the markets close.Shares of Palantir Technologies (PLTR) fell 3.3% pre-bell even though the software maker raised its full-year revenue outlook and reported first-quarter results above Wall Street's expectations. Pinterest (PINS) jumped 17% as the image-sharing platform company recorded better-than-expected first-quarter results.Investors were watching developments in the Middle East closely after a day of heightened tensions in the Strait of Hormuz. The US military destroyed six Iranian boats on Monday in the strait after Tehran attacked US Navy ships and commercial vessels, CNN reported, citing Admiral Brad Cooper, the head of the US Central Command. A senior Iranian military official reportedly disputed that claim.Iran fired missiles and drones at the United Arab Emirates, the UAE's Defense Ministry said in a post on X.President Donald Trump told Fox News on Monday that Iran will be "blown off the face of the Earth" if they attack US vessels that support his initiative to escort commercial ships through the Strait of Hormuz.West Texas Intermediate crude oil declined 2.2% to $104.09 a barrel before the opening bell, while Brent decreased 1.4% to $112.79."Absent a reopening of the strait within the next several weeks, the global oil market, in our view, is likely to enter a period of explicit demand rationing within the current quarter," Wells Fargo Investment Institute Chief Investment Officer Darrell Cronk said Monday.Tuesday's economic calendar has the international trade in goods and services report for March at 8:30 am ET, followed by the purchasing managers' index composite final report from S&P Global (SPGI) for April at 9:45 am.New home sales reports for February and March are expected to be out at 10 am, along with the Institute for Supply Management's services index for the previous month. The Job Openings and Labor Turnover Survey for March also posts at 10 am.Federal Reserve Vice Chair for Supervision Michelle Bowman is slated to speak at 10 am, while Fed Governor Michael Barr speaks at 12:30 pm.New York Fed President John Williams said Monday that the Middle East conflict could keep inflation elevated for some time.Treasury yields were down in premarket action, with the two-year rate retreating 2.8 basis points to 3.93% and the 10-year rate off 2.2 basis points to 4.42%.Gold inclined 0.7% to $4,563 per troy ounce, while bitcoin advanced 1% to $80,756.
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We lift our target to $28 from $19, on a higher P/E of 13.4x our 2027 EPS view, below peers and historical multiples to reflect uncertainties around AI competitive dynamics. After it posted better-than-expected Q1 results and a strong Q2 guidance, we raise our 2026 EPS view to $1.87 from $1.75 and 2027's to $2.09 from $1.90. We see improving international monetization as the primary growth driver near term (Rest of World and Europe saw 59% and 27% revenue growth in Q1) while the company's AI investments are delivering greater results for advertisers. PINS's recommendation engine model improved search fulfillment by 180 basis points in Q1 while Performance+ campaigns now account for 30% of lower-funnel revenue with adopters growing spend at twice the rate of non-adopters. The now completed tvScientific deal also injects a new growth opportunity into the faster growing Connected TV market. We believe PINS's low teens P/E undervalues these growth initiatives and a more aggressive cash return to investors.
Pinterest (PINS) shares jumped early Tuesday as the image-sharing platform company posted better-than-expected first-quarter results and forecast up to 16% revenue growth year over year for the ongoing three-month period.For the March quarter, Pinterest's revenue climbed 18% year over year to $1.01 billion, it said late Monday, ahead of the Street's view for $967.2 million. The company expects revenue to come in between $1.13 billion and $1.15 billion for the ongoing quarter, representing annual growth of 14% to 16%. The current consensus on FactSet is for $1.14 billion. The stock spiked 16% in the most recent premarket activity.Adjusted earnings increased to $0.27 a share in the first quarter from $0.23 last year, which was the average analyst estimate on FactSet.Overall ad impressions grew 24% in the March quarter, but decelerated versus recent quarters primarily due to the lapping of the initial ramp of monetization in previously under-monetized markets, including from resellers in the rest of the world, "which had contributed to outsized impression growth the prior year," Chief Financial Officer Julia Donnelly said during an earnings call, according to a FactSet transcript.Ad pricing declined 5% on a yearly basis, but improved sequentially compared with recent quarters, mainly boosted by a higher relative mix of US and Canada ad impressions, Donnelly said on the call.Revenue in the US and Canada inclined 13% to $750 million, buoyed by retail and emerging verticals, including financial services, according to Donnelly. Revenue in Europe rose 27% to $186 million, driven by retail, while the rest of the world logged a 59% surge in revenue.The platform's monthly active users increased 11% to 631 million. Average revenue per user improved 6% from the prior-year quarter.Adjusted earnings before interest, taxes, depreciation and amortization came in at $206.5 million versus $171.6 million a year ago. For the ongoing quarter, adjusted EBITDA is pegged at $256 million to $276 million."As we continue building an (artificial intelligence)-powered ads platform that delivers performance for advertisers, we remain focused on ensuring monetization more fully reflects the strength of our engagement," Chief Executive Bill Ready said in the earnings release.
Pinterest (PINS) has an average rating of overweight and mean price target of $26.82, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:PINS beat Q1 expectations with revenue of $1,008M (+18% Y/Y) vs $968M consensus and adjusted EBITDA of $207M (20% margin) vs $176M forecast. The company achieved its tenth consecutive quarter of double-digit user growth, reaching 631M global MAUs (+11% Y/Y), driven by sustained platform appeal across demographics and geographies. International markets showed strong momentum with Europe revenue surging 27% Y/Y to $186M and Rest of World jumping 59% Y/Y to $72M, while ARPU expansion remained robust with Europe ARPU rising 17% and Rest of World ARPU climbing 38%, validating the international monetization strategy. Q2 guidance of $1,133M-$1,153M revenue (14%-16% growth) came ahead of $1,123M consensus expectations. The company completed its $2B share repurchase program and issued $985M in convertible notes, reducing cash from $2.5B to $1.3B while generating strong $312M in Q1 free cash flow despite strategic AI and product development investments.
Pinterest (PINS) reported Q1 non-GAAP earnings late Monday of $0.27 per diluted share, up from $0.23 a year earlier.Analysts polled by FactSet expected $0.23.Revenue in the three months ended March 31 rose to $1.01 billion from $855 million a year earlier.Analysts surveyed by FactSet expected $965.8 million.The company expects Q2 revenue of $1.13 billion to $1.15 billion. Analysts polled by FactSet expect $1.12 billion.Pinterest shares jumped 16% in after-hours trading.
Pinterest (PINS) has an average rating of overweight and mean price target of $23.17, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $20.42, Change: $+0.50, Percent Change: +2.51%
