Pinterest Exceeds Expectations: $1.15 Billion Worth of Revenues Thanks to AI-Powered Advertising Tools – Stock Soars by 18.5% in After-Hours Trading

Pinterest Inc. (NYSE: PINS) has reached a milestone with its latest quarterly results, achieving over $1 billion in revenue for the first time in its history in a single quarter. The strong performance in revenue, user growth, and innovative advertising tools led to the company's stock soaring by 18.5% in after-hours trading. Notably, technological advancements such as the Taste Graph and the Performance+ Suite have significantly contributed to the platform's monetization. This increase continues the positive trend since the beginning of the year...