Put Pinterest on Your AI-dea Board
February 15, 2025
Rolling through a few other quarterly reports right now, so wanted to touch base on Pinterest (“PINS”), another company we discussed a few months back. 2 months ago we wrote about the company, and its transformation under the watch of Bill Ready, PINS new CEO.
Well to be fair, he’s been at the helm for a few years now, but the progress he’s made in shifting this “online advertiser/retailer/Amazon light/idea board” to a pure-play advertising platform driven by your selections/wish-list powered by AI is assuredly beginning to pay off. Since the stock reported its earnings, the shares have bounced 20%, and about 30% from when we covered it 2 months ago. Let’s run through an update.