Thursday, 5 March, 2026
Pinterest Share Jumps As Revenue Beat Shines Out In The Midst Of Social Media Doldrums
By Basit Ansari
<p>The image-sharing platform's shares rose 15% in after-hours trading after Pinterest Inc. surpassed predictions for quarterly revenue, providing a rare ray of sunshine in an otherwise gloomy social media sector. Earnings of internet players including Alphabet, Meta, etc. have been negatively impacted by a fall in advertising. However, according to Pinterest's findings, its advertising revenue held up well during the general industry slowdown.</p>
Read full story at Reuters
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