Pinterest Revenue Jump Sends Stock Soaring; U.S. Users Drop Again

Pinterest reported fourth-quarter revenue that exceeded Wall Street’s expectations, but its U.S. monthly users declined for a third straight quarter. Its global monthly users fell 6% to 431 million, after rising 1% during the third quarter. Pinterest CEO Ben Silbermann said the company reached its first full-year of GAAP profitability in 2021. It also surpassed $2 billion in revenue for the...

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From left, a Google TPU, Broadcom CEO Hock Tan and Google Cloud chief Thomas Kurian. Photos via Getty, Google and YouTube.
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