Match beats estimates, but issues weak guidance due to AI investments

Match Group beat Wall Street's estimates on Tuesday but issued weak guidance as it invests in new artificial intelligence initiatives to turn around declining user growth at Tinder. Shares popped 12% during extended trading. The stock closed 8% lower on Tuesday.Here's how the company did versus LSEG estimates:Earnings per share: 83 cents vs. 70 cents expectedRevenue: $878 million vs. $871 million expectedThe dating platform issued lackluster guidance for 2026, forecasting between $3.41 billion and $3.54 bil ...