Pinterest's stock jumps 3% on accelerated revenue growth forecast

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Pinterest's stock jumps 3% on accelerated revenue growth forecast
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Speaking at Pinterest's first investor day, executives said they expect a compound annual growth rate over the next three to five years in the mid- to high...

Pinterest Inc.’s stock jumped 3% on Tuesday after executives forecast accelerated revenue growth following a slowdown dating to 2022.

To get there, Pinterest rolled out new ad tools at its investor day, including integrations for Salesforce Inc.’s CRM, +0.33% Commerce Cloud and Adobe Inc.’s ADBE, +1.74% Commerce native applications. Pinterest also discussed its ongoing AI development.

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