Saturday, May 18, 2019

Pinterest reports smaller Q1 loss but results drag stock

The company, which runs a digital pinboard and shopping tool, said Thursday that its net loss was $41.4 million in the January-March period. Its revenue grew 54% to $202 million from $131 million. ​ http://bit.ly/2Q8IxVK https://ift.tt/eA8V8J
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Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part due to investments, as it seeks to monetize AI (Luz Ding/Bloomberg)

Luz Ding / Bloomberg : Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part du...