Pinterest Shares Plummet. Should Investors Buy the Stock on the Dip or Stay Away?

Pinterest (NYSE: PINS) shares plunged after the online vision board operator's third-quarter earnings results missed analyst estimates and the company issued cautious guidance as a result of tariffs. Let's take a closer look at Pinterest's results to see if this dip is a buying opportunity.Pinterest has embraced artificial intelligence (AI) to make its platform more attractive to both users and advertisers, and for the most part, that continues to be a driving theme. However, tariffs affected the ad spending of large U.S. retailers, especially in categories like home furnishings, which affected its Q3 results. It expects to continue to see a moderate pullback in ad spending from U.S. retailers moving forward.However, behind the numbers, the company continues to make good progress. It saw a 44% increase in the quarter in visual searches that were powered by its proprietary multimodal large language model (LLM). Meanwhile, it is testing a new voice-activated conversational Pinterest AI assistant in the U.S. to help users better discover products, with queries such as "What outfits might match this theme?"Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool