💨 Abstract
Pinterest's Q4 revenue forecast disappointed investors, falling short of expectations for growth during the holiday shopping season, resulting in a 14% drop in share price. The company's revenue growth of 18% to $898.4 million, while slightly exceeding estimates, pales in comparison to the robust ad spending-driven Q3 revenue growth reported by digital ad giants such as Google, Meta Platforms, Reddit, and Snap.
Courtesy: theprint.in
Suggested
Heavy rain across places in Rajasthan; Kota wettest
Dhami meets PM Modi in Delhi, seeks financial aid to upgrade Uttarakhand's infrastructure
Brazil still waiting for US reply to May trade proposal, vice president says
Zelenskiy thanks Trump for readiness to support Ukraine
Portugal aims to reach NATO's defence spending goal without harming finances
Egypt says Israel-EU agreement has not increased aid to Gaza
Zelenskiy names new prime minister, taps official who spearheaded US minerals deal
Spain arrests 10 after far-right groups and migrants clash
Astronauts from India, Poland, Hungary depart space station for return flight
Lula to sign Brazil law on reciprocal tariffs on Monday