Wednesday, 20 September 2023

Pinterest shares rally following optimistic investor meeting and analyst upgrades

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The ability to purchase PYUSD is now open to select users and it will be rolled out to more customers in the coming weeks, PayPal, which owns Venmo, said in a statement. Crypto enthusiasts already can buy PYUSD on a subset of exchanges, which include Coinbase, Crypto.com, Bitstamp, and Kraken.


During the investor meeting, Ready disclosed that Pinterest had witnessed an increase in monthly active user growth, enhanced user engagement, and a rise in ad impressions over the past year. He further projected a mid-to-high teens percentage increase in revenue, and an improvement of earnings before interest, taxes, depreciation, and amortization (EBITDA) margins to around 30% in the next three to five years.






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