Today: 10 June 2026
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NASDAQ:PINS 6 November 2025 - 5 June 2026

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 shares plunged 3.1% to $246.03 with over 55 million shares traded after a strong U.S. jobs report fueled fears of prolonged high interest rates, putting pressure on fast-growing tech stocks despite Amazon’s new $4 billion AWS deal with Pinterest, upgraded AI warehouse robots, and rising sales; investors weighed AWS growth and AI investments against falling free cash flow and higher capital spending.
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 forecast second-quarter revenue of $1.133 billion to $1.153 billion, above analyst expectations, sending shares up 15% in after-hours trading. First-quarter revenue rose 18% to $1.008 billion, with global monthly active users reaching a record 631 million. The company reported a net loss of $74 million and adjusted EBITDA of $207 million for the quarter.
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 secured a $1 billion investment from Elliott Investment Management and approved a new $3.5 billion share buyback program, replacing an earlier plan. The deal involves Elliott purchasing convertible notes due 2031, with proceeds funding a $1 billion accelerated share repurchase. Pinterest shares have dropped over 32% this year but rose nearly 5% in early trading Tuesday. The company cited weak ad spending by large U.S. retailers.
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

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.

Stock Market Today

  • Resona Holdings Plans to Boost Individual Shareholders
    June 9, 2026, 11:48 PM EDT. Resona Holdings Inc., a major Japanese banking group, plans to increase its individual shareholder base. As of March, individual shareholders represented just 10.1% of total shareholders, while over 50% were foreign shareholders, primarily institutional investors. This move aims to diversify Resona's investor base and balance its ownership structure amid growing foreign institutional involvement.

Latest articles

Nasdaq Sees More Moves After Hours Following U.S. Strike on Iran

Nasdaq Sees More Moves After Hours Following U.S. Strike on Iran

10 June 2026
U.S. stock futures fell after hours and oil rose as U.S. strikes on Iran fueled risk-off sentiment, deepening losses in tech shares and raising investor caution ahead of Wednesday’s key inflation report, with fears of Fed rate hikes and volatility from the upcoming SpaceX IPO adding pressure.
Keel Slides After $458 Million AI Data-Center Debt Deal Launch

Keel Slides After $458 Million AI Data-Center Debt Deal Launch

10 June 2026
Keel Infrastructure shares plunged 4.24% to $5.42 after closing a $458 million convertible debt sale, reviving investor fears of future dilution even as the company boosts funding for AI-focused data-center projects; shares slipped further to $5.32 after hours on more than double average volume, reflecting concerns over execution risks and the impact of new financing.
Super Micro sinks after $7B AI server plan; dilution a risk

Super Micro sinks after $7B AI server plan; dilution a risk

10 June 2026
Super Micro Computer plans to raise $7 billion through equity and equity-linked financing to fund soaring AI server orders, sending shares down about 9% in after-hours trading as investors focused on dilution risk; the company reported $39 billion in recent AI server orders, but noted these are not firm commitments and cited ongoing legal and regulatory risks.
American Airlines Stock Rises on Google Fuel Deal, Market Watches for Fuel Shock

American Airlines Stock Rises on Google Fuel Deal, Market Watches for Fuel Shock

10 June 2026
American Airlines surged to $14.09, up 48.5 cents, after announcing a three-year sustainable aviation fuel deal with Google covering 35 million gallons, as investors focused on surging fuel costs that jumped 78% in April to $6.5 billion; the stock rose in line with airline peers amid a drop in crude prices, while American’s 2026 outlook remains pressured by higher fuel expenses and a narrowed profit forecast.
Nokia Drops 7% After Nvidia 6G Chatter Hits AI Stocks

Nokia Drops 7% After Nvidia 6G Chatter Hits AI Stocks

10 June 2026
Nokia shares plunged 6.99% to 11.970 euros in Helsinki after reports of Nvidia’s push into future mobile-network tech raised fears over Nokia’s AI-driven growth story, with investors questioning whether Nokia can maintain its edge as competition intensifies and its forward P/E more than doubles this year.
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