Pinterest Stock Tumbles. Why AI Costs Are Spooking Investors.

Pinterest Stock Tumbles. Why AI Costs Are Spooking Investors. · Barrons.com

In This Article:

Pinterest stock was sliding on Friday as a narrow third-quarter earnings beat failed to win over investors who are fretting about the image-sharing platform’s mounting artificial intelligence costs. The benchmark index traded up 0.3%, while the gauge of small-cap stocks was up 0.2%. If shares stay at this level, they will close at their lowest since Sept. 16, when they closed at $28.89, according to Dow Jones Market Data.