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tg-me.com/LesserEvilEO/8354

Create: 2025-05-24
Last Update: 2025-05-29 04:29:06

BY 🪻𝐎𝐏𝐁𝐎𝐎𝐊 𝐉𝐔𝐍𝐈 ⸬ 𝐁𝐎𝐉𝐎𝐀𝐍𝐘𝐀𝐑 𝐋𝐄𝐒𝐒𝐄𝐑 𝐄𝐕𝐈𝐋 𝐄𝐕𝐄𝐍𝐓 𝐎𝐑𝐆𝐀𝐍𝐈𝐙𝐄𝐑

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🪻 ⸬ 𝐁𝐎𝐉𝐎𝐀𝐍𝐘𝐀𝐑 𝐋𝐄𝐒𝐒𝐄𝐑 𝐄𝐕𝐈𝐋 𝐄𝐕𝐄𝐍𝐓 𝐎𝐑𝐆𝐀𝐍𝐈𝐙𝐄𝐑 Telegram | DID YOU KNOW?

Pinterest (PINS) Stock Sinks As Market Gains

Pinterest (PINS) closed at $71.75 in the latest trading session, marking a -0.18% move from the prior day. This change lagged the S&P 500's daily gain of 0.1%. Meanwhile, the Dow gained 0.9%, and the Nasdaq, a tech-heavy index, lost 0.59%. Heading into today, shares of the digital pinboard and shopping tool company had lost 17.41% over the past month, lagging the Computer and Technology sector's loss of 5.38% and the S&P 500's gain of 0.71% in that time. Investors will be hoping for strength from PINS as it approaches its next earnings release. The company is expected to report EPS of $0.07, up 170% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $467.87 million, up 72.05% from the year-ago period.

Spiking bond yields driving sharp losses in tech stocks

A spike in interest rates since the start of the year has accelerated a rotation out of high-growth technology stocks and into value stocks poised to benefit from a reopening of the economy. The Nasdaq has fallen more than 10% over the past month as the Dow has soared to record highs, with a spike in the 10-year US Treasury yield acting as the main catalyst. It recently surged to a cycle high of more than 1.60% after starting the year below 1%. But according to Jim Paulsen, the Leuthold Group's chief investment strategist, rising interest rates do not represent a long-term threat to the stock market. Paulsen expects the 10-year yield to cross 2% by the end of the year. A spike in interest rates and its impact on the stock market depends on the economic backdrop, according to Paulsen. Rising interest rates amid a strengthening economy "may prove no challenge at all for stocks," Paulsen said.

🪻 ⸬ 𝐁𝐎𝐉𝐎𝐀𝐍𝐘𝐀𝐑 𝐋𝐄𝐒𝐒𝐄𝐑 𝐄𝐕𝐈𝐋 𝐄𝐕𝐄𝐍𝐓 𝐎𝐑𝐆𝐀𝐍𝐈𝐙𝐄𝐑 Telegram | DID YOU KNOW?

Pinterest (PINS) Stock Sinks As Market Gains

Spiking bond yields driving sharp losses in tech stocks

♡ ❍ ⌲ •• ⎙ 𝗟𝗶𝗸𝗲𝗱 𝗯𝘆 𝗢𝗳𝗰.𝗟𝗲𝘀𝘀𝗲𝗿𝗘𝘃𝗶𝗹𝗘𝗼 and 4.976 others───────────────────────“We are a team because we work together. We are a team because we respect