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Pinterest Shares Plunge 18% as Ad Competition and Tariff Pressures Hit Growth Outlook

Pinterest shares tumbled 18% on Wednesday after the company issued a weaker-than-expected revenue forecast, raising concerns that the image-sharing platform is losing ground to larger digital advertising rivals amid growing tariff-related pressures. If losses hold, the drop would wipe about $4.36 billion off Pinterest’s market value. The sharp decline contrasts with strong third-quarter results from […]