Core Insights - Pinterest, Inc. has signed a definitive agreement to acquire tvScientific, enhancing its connected TV (CTV) advertising capabilities [2][3] - The acquisition aims to integrate Pinterest's audience data with tvScientific's CTV platform, providing marketers with better insights into TV ad performance [2][3] - Pinterest currently has approximately 600 million monthly active users and 15 billion boards, which generates predictive signals for consumer behavior [3] Group 1: Acquisition Details - Pinterest's acquisition of tvScientific will allow the company to leverage its intent-driven audience data in the CTV space for the first time [2] - The outcome-based CTV platform from tvScientific will be integrated into Pinterest's existing performance tools, including its AI-powered advertising suite, Pinterest Performance+ [3] Group 2: Market Position and Analyst Opinions - Wedbush downgraded Pinterest from Outperform to Neutral, reducing its price target from $34 to $30, citing mixed Q3 results and macroeconomic uncertainties [4][5] - The firm expressed concerns about the competitive landscape, particularly the rise of agentic commerce tools, which could pose additional risks [4] - Wedbush believes Pinterest is likely to meet the lower end of its intermediate-term targets and sees limited visibility for near-term growth catalysts [5]

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- Google Maps uses graph ML to predict ETA- Netflix uses graph ML in recommendation- Spotify uses graph ML in recommendation- Pinterest uses graph ML in recommendationHere are 6 must-know ways for graph feature engineering (with code): ...

Core Viewpoint - Pinterest is acquiring tvScientific to enhance its performance advertising capabilities on connected TV (CTV), aiming to integrate high-intent audiences and AI-driven advertising solutions into its platform [1][2][3]. Group 1: Acquisition Details - Pinterest has entered a definitive agreement to acquire tvScientific, expecting the transaction to close in the first half of 2026, pending regulatory review [2]. - The acquisition will allow Pinterest to leverage the tvScientific platform within its existing advertising suite, Pinterest Performance+, enhancing its automation and AI capabilities [3]. Group 2: Strategic Implications - The integration of tvScientific will enable advertisers to utilize performance metrics for TV advertising, positioning Pinterest as a comprehensive solution for search, social, and CTV performance [4]. - This acquisition is part of Pinterest's multi-year strategy to expand its advertising reach and provide advertisers with tools to engage audiences beyond its platform [4]. Group 3: Technological Advancements - Pinterest's platform utilizes AI to deliver personalized recommendations and shopping experiences, which will now extend to CTV through the acquisition [3][5]. - The company aims to predict user preferences and enhance the shopping experience, as evidenced by recent partnerships with Walmart, Wix, and Instacart [6].

Core Insights - Intel Corporation is transitioning from a PC-centric business model to data-centric sectors, including AI and autonomous driving, while Pinterest focuses on enhancing its advertising platform to attract millennials and Gen Z [1][2] Intel Corporation - Intel is expanding its manufacturing capacity as part of its IDM 2.0 strategy, with new products like the Intel Core Ultra series 3 processor and Xeon 6+ expected to launch in 2025 [4] - The company has received $7.86 billion in funding from the U.S. Department of Commerce and additional investments from NVIDIA ($5 billion) and Softbank ($2 billion) to support AI and semiconductor initiatives [5] - Despite these advancements, Intel faces challenges due to its reliance on the Chinese market amid increasing competition and export restrictions [6] - The Zacks Consensus Estimate for Intel's 2025 sales indicates a year-over-year decline of 1.3%, while EPS is expected to grow by 346.2% [11] - Over the past year, Intel's stock has surged by 96.2%, outperforming the industry growth of 32.4% [14] - Intel's shares trade at a price/sales ratio of 3.61, which is lower than Pinterest's 3.91, making it more attractive from a valuation standpoint [15] Pinterest, Inc. - Pinterest is enhancing its advertising platform to provide unique value to advertisers, particularly through its Verified Merchants Program and partnerships with companies like Amazon [7][8] - The company anticipates a significant increase in operating expenses as it expands its operations and product offerings [10] - The Zacks Consensus Estimate for Pinterest's 2025 sales suggests a year-over-year growth of 16.1%, with EPS expected to increase by 25.6% [12] - Over the past year, Pinterest's stock has declined by 9.9% [14] - Pinterest's valuation metrics are higher compared to Intel, indicating it may be more expensive for investors [18]

Core Insights - Pinterest, Inc. (PINS) shares have declined 14.7% over the past year, underperforming the Internet - Software sector's growth of 4.5% and the S&P 500 [1] - The company has outperformed Snap Inc. (SNAP), whose shares fell 35.3%, but underperformed Meta Platforms, Inc. (META), which saw a 7.8% increase [2] Financial Performance - In Q3, total costs and expenses rose to $990.6 million from $904.3 million year-over-year, with research and development expenses increasing to $371.3 million from $326.7 million [5] - Earnings estimates for PINS have declined by 10% for 2025 to $1.62 and by 10.48% for 2026 to $1.88 over the past 60 days [10] Competitive Landscape - Pinterest faces significant competition from social media platforms like META, Reddit, and SNAP, with Instagram being a primary competitor due to its strong e-commerce integration [3] - Smaller companies such as Allrecipes, Houzz, and Tastemade also pose competition by offering engaging content and commerce opportunities [3] Operating Challenges - The company is experiencing rising operating expenses due to heavy investments in AI product development and user engagement initiatives [4] - Global ad pricing has dropped 24% year-over-year, impacting overall ad revenue and monetization, particularly in newer international markets [7][9] Market Conditions - Macroeconomic challenges, including tariff-related uncertainties and consumer spending cycles, are affecting ad spending and net sales growth in the U.S. and Canada [8] - The reliance on retail and shopping ads is a concern, as several large U.S. retailers are facing margin pressures [15] Valuation Metrics - From a valuation perspective, Pinterest appears relatively cheaper compared to the industry, with a price/sales ratio of 3.83, lower than the industry average of 4.94 and the stock's mean of 5.04 [11]

Group 1 - Wedbush has lowered Pinterest's target price from $34 to $30, indicating a decrease in expected performance [1] - The rating for Pinterest has been downgraded from "Outperform" to "Neutral," reflecting a more cautious outlook on the company's future performance [1]

Core Viewpoint - Wedbush downgraded Pinterest Inc. to Neutral from Outperform and reduced its price target to $30 due to mixed third-quarter results and revenue growth guidance falling approximately 100 basis points below initial expectations for the upcoming quarter [1] Group 1: Financial Performance - Pinterest's third-quarter results were mixed, leading to a downgrade in outlook [1] - The company is expected to experience revenue growth that is roughly 100 basis points below initial expectations for the next quarter [1] Group 2: Market Conditions - The outlook for Pinterest reflects a wider range of potential outcomes amid macroeconomic uncertainty and tariff effects [2] - Investors are increasingly concerned about the risks from rising adoption of competing agentic commerce tools among consumers, which are seen as outweighing the benefits from previous consumer packaged goods (CPG) weakness [2] Group 3: Valuation and Sentiment - Following the report, market sentiment weakened, with shares trading around 10 times the firm's 2027 adjusted EBITDA estimate [3] - While Pinterest is still believed to be on track to achieve the lower end of its medium-term objectives, there is reduced visibility into catalysts that could significantly accelerate growth [3] - The long-term expectations for Pinterest have been revised downward, with the price target lowered from $34 to $30 [3]

Core Insights - Pinterest and Walmart are launching a pilot program for a shoppable recipe experience in the U.S. that will be rolled out in the coming weeks [1][2] - This collaboration allows Pinterest users to discover recipes, add ingredients to their Walmart online cart, and check out through Walmart's platform [2][3] Group 1: Collaboration Details - Users can select alternate products, view real-time pricing, and choose a store for pickup or delivery [2] - Pinterest's vice president of product marketing emphasized that this collaboration makes it easier for users to turn inspiration into real-life moments [3] Group 2: Strategic Direction - Pinterest's CEO stated that the company has evolved into an "AI-powered visual-first shopping assistant," enhancing user decision-making journeys [4] - The platform's recent integrations, such as with Wix and Instacart, aim to streamline the shopping experience by allowing direct purchases from Pinterest [5][6]

Core Viewpoint - The focus is on identifying "AI losers" among prominent tech companies, as highlighted by Wedbush analysts, amidst the ongoing interest in AI stocks on Wall Street [1] Group 1: Identified Companies - Uber Technologies (UBER), Adobe (ADBE), Intel (INTC), Pinterest (PINS), and Instacart parent Maplebear (CART) are listed as "AI losers" by Wedbush analysts [1] - The analysis suggests that these companies may not benefit from the advancements in artificial intelligence as much as others in the industry [1] Group 2: Market Context - The report emphasizes the need to discern between winners and losers in the context of the fourth industrial revolution driven by artificial intelligence [1] - There is an acknowledgment of the amplified scrutiny on companies as the market evolves with AI technologies [1]