Pinterest, Inc. (PINS) Q1 2019 Earnings Call

Digital scrapbooking company Pinterest (PINS) beat Wall Street’s sales expectations in its first quarterly report since going public, but a weaker-than-expected full-year outlook sent shares sharply lower during extended trading.The company reported first-quarter sales of $201.9 million, topping estimates calling for $200.8 million. Excluding certain items, Pinterest’s loss came out…

Trade war? Investors think positively

Global markets largely rose on Friday just hours after President Trump escalated his trade war with China. The stock market in China, which sometimes gets a lift from state-run companies looking to buoy the market, led the global rise. Futures that allow investors to bet on the performance of stocks…