Brown Claude Leonard sold $292K of PINS

Pinterest has partnered with Nvidia to enhance its AI capabilities, leveraging Nvidia's GPUs to improve visual search, content understanding, and shopping experiences. The collaboration aims to deliver faster, smarter, and more personalized services, with Pinterest investing in 14,000 Nvidia GPUs. According to the company, early tests showed significant improvements in response times and visual context processing.

Pinterest (PINS) and Rumble (RUM) are compared on their AI strategies. Pinterest uses AI for content monetization, showing strong revenue growth and profitability. Rumble pivoted to AI infrastructure, securing a $13.7B GPU deal but remains unprofitable. Pinterest leads in traditional value metrics, while Rumble is a high-risk, high-reward turnaround bet.

Pinterest (PINS) shares rose 1.8% after announcing an AI infrastructure layer built with NVIDIA (NVDA) using Blackwell GPUs. The system supports multimodal AI products, improving response times and latency. Pinterest processes over 80 billion monthly searches with this technology. The collaboration spans nearly five years and 14,000 NVIDIA GPUs.

Pinterest (PINS) stock fell 6.8% this week after CFO Julia Brau Donnelly resigned. The company reported strong Q2 results, with revenue of $1.18B and adjusted EPS of $0.43, both beating estimates. A valuation model targets a $28 price, implying 51.5% upside over 2.3 years. Investors are watching the CFO search and Q3 earnings for further clarity.

Pinterest (PINS) stock fell 9.24% to $18.28 after CEO Bill Ready discussed international business challenges at a conference. Ready noted that international users, though 80% of the user base, contribute only 20% of revenue. He also revealed that Gen Z users' ARPU is comparable to older generations. The company is restructuring its international operations and faces regulatory hurdles in Europe. Analysts see a potential total return of ~106% with a target price of ~$38, but risks include timing

Reddit's stock rose 6% to $155.43 after Piper Sandler reported an 8% month-over-month user growth in August, the fastest pace this year. Pinterest gained 2%, while Snap saw minimal movement. Reddit's growth metrics are set to be re-baselined due to a 20% reset in reported audience size. The SPDR S&P 500 ETF Trust fell 0.4% on the day.