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In the first quarter, Pinterest (PIN.US) revenue exceeded expectations, and after-hours stock price rose by 11%.
Pinterest (PIN.US) reported after the market closed on Thursday that its first-quarter revenue increased by 16% year-on-year to $0.85 billion, slightly above the expected $0.847 billion; adjusted earnings per share were $0.23, below the expected $0.26. After the earnings report, the stock price rose nearly 11% in Post-Market Trading. During the quarter, adjusted EBITDA was $0.17 billion, higher than the expected $0.16 billion. The EBITDA margin for the first quarter was 20%, greater than the Analyst's expectation of 19.4%. The number of monthly active users in the first quarter was 0.57 billion, higher than
India Launches Airstrikes on Pakistan, World Leaders Call for Restraint
No one wants to watch the suspense film about Trump, Global has fallen again! Be wary of a reverse Asia MMF crisis, the Federal Reserve does not come with good intentions.
On Tuesday (May 6), Global stock markets declined, and the dollar weakened against major currencies, as a series of corporate statements intensified concerns about the damage the trade war has inflicted on companies and the global economy. Meanwhile, investors' attention has turned to the Federal Reserve's policy statement on Wednesday.
BofA Points to a Positive EEM Outlook Despite Global Economic Slowdown
Short-Term Asian Bonds Preferable Under US Rate Uncertainty, Nomura Says
U.S. Pushes India for Full Ecommerce Market Access for Trade Deal - Report