Feb 13 : Pinterest shares tumbled 21 per cent to their lowest since the 2020 pandemic lows after the image-sharing platform's weak forecast showed that major advertisers are pulling back spending just as AI tools threaten to upend the market. The company's quarterly revenue projection fell short because of lower marketing spend by large U.S. retailers grappling with tariff-induced business uncertainty. Pinterest is also rebuilding its sales teams after company-wide layoffs of under 15 per cent

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