Bank of America expects Meta Platforms (META) and Pinterest (PINS) to lead growth in the online media sector. Meta is favored for its AI capabilities and monetization potential, while Pinterest benefits from a deal with Amazon and rebounding home furnishing ads. Global ad spend is predicted to grow by 12%, driven by improved macro conditions and AI advancements. However, challenges include privacy standards and competition from e-commerce and TikTok. Adaptability and innovation are key in the online advertising industry.
Pinterest Inc. (PINS) stock falls 3.83% as revenue forecast rises, analysts predict 12.97% increase. Find out more about the company's performance and future potential.
Get insights into Pinterest's long-term strategy at the Investor Day on September 19, 2023. Discover growth opportunities and future plans in this must-attend event!
Learn how to create a stunning Pinterest profile cover using Canva in this comprehensive guide. Follow step-by-step instructions to design a visually appealing cover that showcases your interests and attracts more followers to your account.
Pinterest Inc. (PINS) stock falls 3.83% as revenue forecast rises, analysts predict 12.97% increase. Find out more about the company's performance and future potential.