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2 mins read
This chart shows just how absurd Trump Media's valuation is
Trump Media has a price-to-sales ratio of 1,590x, which dwarfs the average 8.3x price-to-sales rati…
Matthew Fox
1 min read
Pinterest soars 19% on reports PayPal is exploring acquisition of social media company for $39 billion
Bloomberg reported that PayPal is considering paying $70 per Pinterest stock, putting a potential d…
Matthew Fox
1 min read
Pinterest drops, PayPal pops after the payments platform says it is no longer exploring acquisition of social media company
Investors were skeptical of the potential deal, as evidenced by PayPal's swift 11% decline after th…
Matthew Fox
2 mins read
Snap, Twitter, and Pinterest sink as Facebook parent Meta's Q4 earnings shock hits social media stocks
Meta's poor Q4 earnings triggered a slide in social media stocks, with Snap tumbling as much as 19%…
Shalini Nagarajan
2 mins read
The AI boom will power 2 big stock market trades over the next decade, Goldman Sachs says
"The estimated AI-driven earnings boost is likely to occur over the next few years, but should be r…
Matthew Fox
2 mins read
Pinterest shares plunge 19% as the social media site loses users in the 2nd quarter
Easing COVID restrictions meant more users spent time outside their homes and away from social medi…
Carla Mozée
1 min read
Pinterest could jump 40% as active users gain and gross margins increase, CFRA says
CFRA says Pinterest's latest post-earnings fall presents an "attractive entry point" for investors …
Will Daniel
2 mins read
Reddit prices hotly anticipated IPO at $34 per share, valuing the social media platform at around $6.4 billion
Reddit priced its long-awaited IPO on Wednesday, selling shares at $34 each, valuing the social med…
Jennifer Sor,Erin Snodgrass
2 mins read
Reddit prices hotly anticipated IPO at $34 per share, valuing the social media platform at around $6.4 billion
Reddit priced its long-awaited IPO on Wednesday, selling shares at $34 each, valuing the social med…
Jennifer Sor,Erin Snodgrass
2 mins read
Pinterest climbs 11% after beating revenue and earnings estimates, adding 100 million active users in 2020
Pinterest revealed a strong quarter on Thursday, reporting 76% year-over-year revenue growth and a …
Will Daniel
1 min read
Pinterest jumps 5% on report Microsoft tried to acquire the $51 billion online pinboard platform
Microsoft's potential acquisition of the $51 billion online photo-pinning platform would have been …
Shalini Nagarajan
1 min read
Pinterest soars 39% on strong earnings beat and spike in users amid COVID-19 pandemic
"MAU growth was strong in both the US and international markets, driven primarily by COVID lockdown…
Matthew Fox
3 mins read
Why tech stocks are having a scorching-hot week of gains as banks keep failing
"It sounds like a Twilight Zone comment to many investors: tech stocks have become the new safety t…
Matthew Fox
2 mins read
Pinterest skyrockets 37% after reporting blockbuster earnings with growth in revenue and users
"This quarter we reached a milestone—more than 400 million people now come to Pinterest every month…
Carmen Reinicke
2 mins read
Snap and Pinterest slide as Bank of America downgrades the social media companies on 'positioning around reopening'
Snap and Pinterest fell after Bank of America downgraded the social media companies to neutral, cit…
Carla Mozée
1 min read
Social media stocks fall after dismal Snap earnings as investors fret over ad sales slowdown
The social media sector is reeling from Snap's disappointing quarterly earnings report, as investor…
Jennifer Sor
2 mins read
Social media stocks Pinterest, Twitter, and Facebook surge after Snap crushes earnings expectations
Field checks suggest advertiser demand has strengthened for smaller platforms like Pinterest, Twitt…
Matthew Fox
2 mins read
Tech giants like Meta and Snap are facing a 'perfect storm' of weak growth prospects that could lead to limited upside for stocks already down more than 50% this year
"We think this cocktail of events is likely to generate the lowest growth rate for the sector in ye…
Matthew Fox
1 min read
Pinterest stock soars 23% as the social media platform garners 442 million global monthly active users
The Q3 revenue grew 58 per cent to $443 million while net loss was $94 million for Q3, the compa…
5 mins read
The boomer market boon
Baby Boomers are dominating the economy these days. Here's how you can invest to cash-in on their s…