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NASDAQ:PINS 6 November 2025 - 15 February 2026

Communication Services stocks face a holiday-shortened week as Meta and Alphabet slide, ad jitters linger

Communication Services stocks face a holiday-shortened week as Meta and Alphabet slide, ad jitters linger

The Communication Services Select Sector SPDR Fund (XLC) closed Friday at $114.58, down 0.1%, as declines in Meta and Alphabet offset gains in Disney and T-Mobile. Pinterest plunged 21% after a weak outlook tied to lower ad spending. U.S. markets will be closed Monday for Presidents Day. Investors are watching for Fed minutes and key inflation data later in the week.
Pinterest plunge, Alphabet bond sale and Warner Bros bidding war set up communication services stocks for Tuesday open

Pinterest plunge, Alphabet bond sale and Warner Bros bidding war set up communication services stocks for Tuesday open

Pinterest shares fell 16.9% Friday after the company warned of weaker ad demand from tariff-hit retailers, dragging the communication services sector lower ahead of the Presidents Day holiday. The XLC ETF slipped 0.1% as Meta and Alphabet also declined, while Disney and Netflix gained. U.S. markets will reopen Tuesday, with investors watching for media deal headlines and Fed minutes.
Pinterest stock price sinks 20% in premarket after weak revenue outlook

Pinterest stock price sinks 20% in premarket after weak revenue outlook

Pinterest shares dropped about 20% to $14.80 in premarket trading after the company forecast first-quarter revenue below Wall Street estimates. The stock closed Thursday at $18.54. Pinterest expects Q1 revenue of $951 million to $971 million, versus analysts’ $980.1 million average. The company cited retailer ad pullbacks and announced job cuts of under 15% in January.
Pinterest stock steadies premarket after AI-driven layoffs plan rattles investors

Pinterest stock steadies premarket after AI-driven layoffs plan rattles investors

Pinterest shares stabilized premarket Wednesday after a 9.6% drop Tuesday, closing at $23.41, as the company announced plans to cut under 15% of staff and reduce office space to focus on AI. Pinterest expects $35 million to $45 million in pre-tax restructuring charges, with the plan set to finish by September 2026. Investors await more details on cost savings and revenue impact ahead of earnings on Feb. 12.
Reddit stock (RDDT) slips as insider selling hits the tape; CPI report is the next test

Reddit stock (RDDT) slips as insider selling hits the tape; CPI report is the next test

Reddit shares fell 1.1% to $241.85 Monday as the S&P 500 and Nasdaq-100 ETFs edged up 0.2%. Wells Fargo raised its price target to $207 but kept an equal-weight rating. SEC filings showed Reddit’s chief legal officer and CFO sold shares under preset trading plans. Daily active users rose 19% to 116 million, with revenue up 68% to $585 million.
Reddit stock pops nearly 4% as Needham spotlights AI-search citations

Reddit stock pops nearly 4% as Needham spotlights AI-search citations

Reddit shares rose 3.9% to $234.65 Monday, outperforming a weaker U.S. market after Needham highlighted the company’s prominence in AI-generated search results. The analyst estimated Reddit accounts for 20% to 40% of AI citations and reiterated a Buy rating with a $300 target. Meta and Pinterest fell, while Snap was little changed. The S&P 500 and Nasdaq-100 ended lower.
Cathie Wood Loads Up on Pinterest After 20% Plunge; ARK Adds CRISPR, Trims Roku, Robinhood & Teradyne (Nov 6, 2025)

Cathie Wood Loads Up on Pinterest After 20% Plunge; ARK Adds CRISPR, Trims Roku, Robinhood & Teradyne (Nov 6, 2025)

ARK Invest bought 521,867 Pinterest shares across three funds after the stock fell over 20% on weak holiday-quarter guidance. The firm also added CRISPR Therapeutics and Beam Therapeutics shares earlier in the week. ARK sold 105,576 Roku shares and 56,095 Robinhood shares, and reduced its position in Teradyne. Pinterest projected Q4 revenue below consensus, citing softer ad spending and tougher competition.
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