Core Insights - Pinterest's third-quarter earnings missed expectations, with adjusted earnings per share at 38 cents compared to the projected 42 cents, while revenue increased 17% to $1.05 billion, aligning with estimates [2][3] - Monthly active users grew 12% year-over-year to 600 million, surpassing the expected 590.3 million [2] - The company faces challenges due to tariffs affecting advertising spending, particularly from large retailers in the U.S. and Canada [4][5] Financial Performance - Adjusted EPS for the quarter was 38 cents, below the expected 42 cents [2] - Revenue for the quarter was $1.05 billion, a 17% increase year-over-year, meeting expectations [2] - Guidance for the current quarter is $1.33 billion, slightly below the anticipated $1.34 billion [3] User Growth and Market Position - Monthly active users increased to 600 million, a 12% rise year-over-year, exceeding estimates [2] - Pinterest is focusing on enhancing its competitive edge against platforms like Facebook and Instagram by improving performance-based advertising [7] Strategic Initiatives - The company is investing in AI and product innovation, positioning itself as a leader in visual search and an AI-powered shopping assistant [3][9] - Partnerships with Amazon and Alphabet aim to enhance advertising capabilities and monetization potential [7][8] Market Reaction - Following the earnings report, Pinterest's stock fell over 21% to $25.97, erasing year-to-date gains and dropping below its 200-day moving average [11] - Analysts have mixed views, with some maintaining a neutral stance while others see potential in the company's valuation and future growth [6][10]

Core Insights - Pinterest's shares fell by 20.1% after reporting solid revenue growth but disappointing earnings and guidance for the fourth quarter [2][7] - The company experienced a 17% increase in revenue to $1.05 billion in Q3, driven by a 12% growth in monthly active users to 600 million [4][5] - Adjusted EBITDA rose by 24% to $306.1 million, while GAAP net income tripled to $92.1 million, but adjusted earnings per share fell short of consensus expectations [5][6] Financial Performance - Revenue for Q3 reached $1.05 billion, matching estimates with a 17% year-over-year growth [4] - Monthly active users increased by 12% to 600 million, indicating strong user engagement [4] - Adjusted EBITDA was reported at $306.1 million, a 24% increase, while GAAP net income was $92.1 million, tripling from the previous year [5] Future Guidance - For Q4, Pinterest expects revenue between $1.313 billion and $1.338 billion, reflecting a growth rate of 14%-16%, which is below the consensus estimate of $1.34 billion [8] - The company anticipates adjusted EBITDA for the current quarter to be between $533 million and $558 million [8] Market Position - Pinterest is reportedly losing market share to Meta Platforms, indicating competitive pressures in the digital advertising space [7][9] - Despite solid growth, the company’s performance is weaker compared to competitors, which may impact its long-term market position [9]

Core Insights - Pinterest's shares fell significantly after the company missed profit expectations and provided weak guidance for the holiday quarter [1][5] - The company reported third-quarter adjusted earnings per share of $0.38, which was three cents below analyst expectations, while revenue increased by 17% to $1.05 billion, meeting forecasts [1][2] Financial Performance - For the current quarter, Pinterest anticipates revenue between $1.31 billion and $1.34 billion, slightly below the $1.34 billion expected by analysts [2] - In the U.S. and Canada, revenue grew by 9% to $786 million, with average revenue per user (ARPU) increasing by 5% to $7.64, both figures falling short of analyst estimates [3] User Metrics - Pinterest achieved a record of 600 million monthly active users, indicating strong user growth despite the challenges in monetization [3][5] - Global ARPU was reported at $1.78, which was slightly below expectations, highlighting difficulties in monetizing the expanding user base [3] Market Context - The results reflect broader challenges faced by social media platforms as digital ad spending slows in North America, impacting revenue growth [2] - Compared to Pinterest, shares of competitors Snap and Meta Platforms experienced more muted reactions in early trading following the news [2]

Core Insights - The U.S. stock market is experiencing mixed premarket trading as investors react to a stronger-than-expected private sector employment report while remaining cautious about high valuations in AI-related stocks [1][3]. Premarket Activity and Futures Movements - U.S. stock index futures are mixed, with S&P 500 futures up approximately 0.2%, Nasdaq 100 futures gaining around 0.2% to 0.24%, and Dow Jones Industrial Average futures climbing roughly 0.19% to 0.2% [2]. - This slight rebound follows earlier declines, indicating fluctuating sentiment ahead of the market open [2]. Employment Data Impact - The October U.S. private sector employment data from ADP showed a gain of 42,000 private payrolls, reversing a 32,000 decline from September, which provides optimism about the labor market [3]. Major Market Indexes Performance - On Tuesday, all three major U.S. stock indexes closed lower, with the Dow Jones Industrial Average falling 0.5% (down 251.44 points to 47,085.24), the Nasdaq Composite dropping 2% (down 486.09 points to 23,348.64), and the S&P 500 sliding 1.2% (closing at 6,771.55) [4]. Valuation Concerns - The S&P 500's forward price-to-earnings (P/E) ratio has surpassed 23, nearing its highest level since 2000, raising fears of a market correction amid concentrated gains in select AI stocks [5]. Upcoming Economic Data - Key economic data releases include the October PMI Composite Final and the ISM Services Index, with expectations for the ISM Services Index to rise to 51.0 from 50.0 in September [7]. Earnings Releases - A busy earnings calendar includes reports from McDonald's, Qualcomm, Energy Transfer LP, Lucid, AMC Entertainment, Robinhood Markets, and Snap Inc., which will provide insights into corporate health and consumer spending trends [8]. Company-Specific Movements - Advanced Micro Devices (AMD) shares fell between 3.2% and nearly 5% despite reporting strong third-quarter results, indicating investor concerns over AI stock valuations [12]. - Super Micro Computer (SMCI) dropped approximately 9.6% after reporting first-quarter fiscal 2026 results that missed market expectations [13]. - Nvidia (NVDA) slipped between 1.2% and 4%, contributing to the tech sell-off, while Palantir Technologies (PLTR) fell 7.9% despite beating analysts' forecasts [14]. - Pinterest (PINS) plunged 18% to over 20% after missing earnings estimates, while McDonald's (MCD) slipped between 1% and 1.2% after its earnings fell short [15]. - Conversely, Leidos Holdings Inc. (LDOS) surged 3.4%, Yum! Brands Inc. (YUM) climbed 7.3%, Wingstop Inc. (WING) jumped 10.9%, and Marriott International Inc. (MAR) advanced 3.2% after reporting better-than-expected earnings [16].

Core Insights - Pinterest Inc reported third-quarter revenue of $1.05 billion, meeting analysts' expectations, but adjusted earnings per share of 38 cents fell short of the anticipated 42 cents [1][2] - The company anticipates fourth-quarter revenue between $1.31 billion and $1.34 billion, slightly below the consensus estimate of $1.34 billion, with expected adjusted EBITDA of $533 million to $558 million [2] Financial Performance - Third-quarter revenue was $1.05 billion, aligning with analyst estimates [1] - Adjusted earnings per share were 38 cents, missing the expected 42 cents [1] - Fourth-quarter revenue guidance is set between $1.31 billion and $1.34 billion, with adjusted EBITDA projected at $533 million to $558 million [2] Market Reaction - Following the earnings announcement, Pinterest shares declined by 2.3%, closing at $32.91 [3] - Analysts adjusted their price targets for Pinterest post-earnings, with varying opinions on the stock's outlook [3][5] Analyst Ratings - B of A Securities maintained a Buy rating but reduced the price target from $44 to $39 [5] - Rosenblatt downgraded Pinterest from Buy to Neutral, lowering the price target from $49 to $30 [5] - BMO Capital kept an Outperform rating while decreasing the price target from $41 to $35 [5]

Pinterest Inc (NYSE:PINS) posted downbeat sales for the third quarter on Tuesday.Pinterest turned in third-quarter revenue of $1.05 billion, in line with analysts' estimates, according to Benzinga Pro. The idea discovery platform company reported third-quarter adjusted earnings of 38 cents per share, missing analyst estimates of 42 cents per share."Our investments in AI and product innovation are paying off," said Bill Ready, CEO of Pinterest. "We've become a leader in visual search and have effectively tur ...

(Bloomberg) — The huge checks Meta Platforms Inc. (META) is writing to support its artificial intelligence ambitions are reminding some investors of the massive metaverse outlays that crippled the stock just a few years ago. Facebook’s parent posted results last week that beat expectations on key metrics. But Wall Street’s focus was on capital expenditures, which the company said would be as much as $72 billion this year and “notably larger” in 2026. Then, on the earnings call, Chief Executive Officer Mar ...

Group 1 - Reddit, Inc. (NYSE:RDDT) is highlighted as a stock that could benefit from AI-related trends despite its conservative capital expenditure strategy [1] - The company had a strong quarterly performance and is positioned to develop a leading training platform, which has not yet been monetized [1] - Reddit is identified as the third largest social media site, with a valuation that is believed to exceed $40 billion, indicating significant untapped potential [1] Group 2 - There is a belief that while RDDT has investment potential, other AI stocks may offer higher returns with lower risk [2] - A recommendation is made to explore a report on a cheap AI stock that benefits from Trump tariffs and onshoring [2]

Core Viewpoint - Meta Platforms, Inc. (NASDAQ:META) is facing investor concerns regarding its increased capital spending plans for 2026, but Jim Cramer remains optimistic about the company's strategy and potential [2]. Group 1: Earnings Report and Investor Sentiment - The latest earnings report for Meta Platforms, Inc. led to a decline in its shares due to investor worries about capital expenditures [2]. - Cramer highlighted CEO Mark Zuckerberg's strategy to strengthen Meta's social media position against competition from OpenAI [2]. Group 2: Investment Perspective - Cramer mentioned that he purchased shares of Meta around the time of its IPO and continues to believe in the company's potential despite recent market reactions [2]. - He defended Meta's capital spending in the context of big tech's investments in AI, suggesting that it remains a good buy [3].

Core Insights - Pinterest shares dropped 18% on Wednesday due to a disappointing forecast, raising concerns about the company's ability to identify new growth opportunities amid competitive pressures and tariff challenges [1] Company Summary - The decline in Pinterest's stock price reflects investor anxiety regarding its growth prospects, particularly in light of increasing competition from larger rivals [1] - The company is facing significant challenges in finding new avenues for growth, which is critical for maintaining investor confidence and market position [1] Industry Context - The image-sharing platform industry is experiencing heightened competition, which is impacting Pinterest's market performance and strategic direction [1] - Tariff pressures are contributing to the difficulties faced by Pinterest, indicating broader economic factors that may affect the industry as a whole [1]