Pinterest shares tumbled Friday after the social media company said retail clients are pulling back on ad spending as they grapple with higher costs from tariffs.
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After a disappointing fourth quarter, Pinterest’s CEO sought to reframe the narrative by likening the platform to ChatGPT.
"Many of the largest retailers have been disproportionately impacted by tariffs and have been pulling back on advertising spend," Pinterest's CEO said.
"Looking ahead to Q1, we expect these headwinds will continue and may become slightly more pronounced," CFO Julia Donnelly told analysts on Thursday.
The city of Lexington is taking steps to improve its snow removal plan following a major winter storm that forced Fayette County Public Schools students to stay home for eleven days.
This week crews with Scottsdale Fire worked throughout the desert preserves looking to smother any chance a wildfire has of ...
Pinterest (PINS) sinks 20% premarket after weak Q4 results and soft Q1 guidance as tariff-driven retailer ad pullbacks hit revenue.
Pinterest shares are tumbling after a disappointing revenue outlook and quarterly growth, as some analysts can’t shake their ...
By Kritika Lamba and Jaspreet Singh Feb 13 (Reuters) - Pinterest shares tumbled 21% to their lowest since the 2020 pandemic lows after the image-sharing platform's weak forecast showed that major ...