Pinterest results outlook disappoints

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Why have shares in Pinterest Inc (NYSE:PINS) slipped? The social commerce platform just released its earnings, and while earnings grew the weak revenue forecast highlighted increasing competition for ad dollars. Results showed a 17% increase in quarterly revenue and all time high of 600 million global monthly active users. However, as with many companies, possible tariffs and corporate tax adjustments have been putting pressure on earnings and outlooks. Pinterest is tackling the challenges head on and says - the consumer internet stock says it's investment in AI and product innovation have been paying off.

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