💨 Abstract

Pinterest's shares rose 20% on Friday, driven by its first-quarter revenue forecast above estimates. The company credited its AI-powered tools, like the Performance+ suite, for boosting ad spend. The social media platform reported record revenue in Q4 2021, with growth in retail, tech, and finance sectors offsetting weakness in food and beverage.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖