Today: 30 June 2026
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NASDAQ:PINS 6 November 2025 - 23 June 2026

Snap Falls as Meta Launches $299 Glasses, Challenging $2,195 Snap Specs

Snap Falls as Meta Launches $299 Glasses, Challenging $2,195 Snap Specs

Snap Inc. dropped roughly 3.8% to $4.46 Tuesday afternoon, with investors looking at the Snapchat parent’s expensive AR efforts while Meta Platforms stepped up competition and tech stocks struggled. Shares moved between $4.43 and $4.65. Snap’s market cap hovered close to $7.5 billion. Snap is under pressure as it tries to get Wall Street to see value in its Specs smart glasses, which cost $2,195. The company is pushing investors to look past its main ads business, but Meta and EssilorLuxottica have rolled out a new line of AI smart glasses with prices starting at $299.
Amazon shares drop as investors react to rate jolt, AI rally cools

Amazon shares drop as investors react to rate jolt, AI rally cools

Amazon.com shares slid Friday, dropping about 3.1% to $246.03 as traders pulled money from large tech names. The move followed a strong U.S. jobs report that put higher-for-longer rate worries back in play. Volume topped 55 million shares, with Amazon’s market cap close to $2.68 trillion. Amazon’s shift matters since it trades on both consumer spending and its AI infrastructure push now. The Nasdaq Composite slid 4.18% and the S&P 500 lost 2.64%. May payrolls came in at 172,000, over twice what a Reuters poll had forecast.
Pinterest Stock Jumps After AI Ad Tools Lift Revenue Forecast Above Wall Street

Pinterest Stock Jumps After AI Ad Tools Lift Revenue Forecast Above Wall Street

Pinterest Inc projected second-quarter revenue that beat Wall Street’s expectations, lifting shares in after-hours trading and putting the spotlight back on its ability to translate rapid user gains into consistent ad dollars. The guidance followed a first quarter where the company pulled in over $1 billion in revenue and hit a new high with 631 million monthly active users worldwide. Timing is key here. Digital advertisers are shifting more budget to automated ad platforms that promise trackable sales, and tariffs have put extra cost pressure on bigger retailers, making them warier. Pinterest, in response, has been working to expand its revenue streams, leaning harder into the small and mid-sized advertiser segment.
Pinterest stock jumps as Elliott puts $1 billion behind a new $3.5 billion buyback

Pinterest stock jumps as Elliott puts $1 billion behind a new $3.5 billion buyback

Pinterest on Tuesday announced a $1 billion strategic investment deal with activist investor Elliott Investment Management, while also rolling out a newly authorized $3.5 billion share repurchase program. The company expects to carry out roughly $2 billion in buybacks during the first half of 2026, splitting that between a $1 billion accelerated repurchase and additional buys on the open market. Pinterest shares have taken a beating, dropping over 32% this year and touching lows not seen since the depths of 2020 just last month. Still, the stock bounced back, climbing almost 5% early Tuesday. Competition isn’t letting up: Meta Platforms keeps cranking up the pressure in digital ads, while Alphabet and OpenAI are rolling out a fresh wave of AI-powered advertising and shopping tools.
4 March 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

New York, Feb 15, 2026, 13:15 EST — Market is shut. Communication services names show little sign of picking up speed heading into the week. The sector’s flagship U.S. ETF—Communication Services Select Sector SPDR Fund—closed Friday at $114.58, slipping 0.1% from the previous session. Its biggest internet stocks posted declines.
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

New York, Jan 12, 2026, 14:09 EST — Regular session Shares of Reddit, Inc. dropped roughly 1.1% to $241.85 on Monday, retreating after earlier trading between $251.54 and $238.53. The S&P 500 ETF SPY and Nasdaq-100 ETF QQQ each gained about 0.2%. Meanwhile, Meta slid, while Snap and Pinterest saw slight gains.
Reddit stock pops nearly 4% as Needham spotlights AI-search citations

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

NEW YORK, December 30, 2025, 01:35 ET — Market closed Reddit, Inc. shares closed up 3.9% on Monday, outpacing a softer U.S. market as traders leaned into fresh analyst commentary linking the company to the rise of AI-powered search. The stock ended at $234.65 after trading between $223.91 and $236.00. Investing.com
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’s Wednesday trade disclosure shows the firm bought 521,867 shares of Pinterest across three funds after the visual discovery platform cratered on guidance. The add looks like a classic Cathie Wood “buy the dip” move: step into high‑conviction names when volatility runs hottest. Investing.com+1 Pinterest’s post‑earnings sell‑off was sharp and swift. Management projected holiday‑quarter revenue of $1.31–$1.34B, a touch below Wall Street expectations, and flagged softer ad budgets in the U.S. and Canada amid competitive pressure—an outlook that knocked the shares more than 20% at the open. Bloomberg+1

Stock Market Today

  • Binance Pulls Out of Europe as Regulations Tighten
    June 30, 2026, 1:10 AM EDT. Binance is shutting down in the European market after failing to secure regulatory approval, with new crypto rules pushing several operators out. The move led customers to pull €400 million from the platform last week. Tighter oversight is upending access and liquidity for crypto traders and users across the region.
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