Pinterest Rallies On $4 Billion AWS AI Investment Plan

Benzinga01:48

The renewed agreement with AWS is the largest infrastructure commitment in Pinterest’s history and is expected to accelerate the company’s AI roadmap. This strategic partnership includes a planned $4...

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The company named PinRec, which is a generative retrieval system trained on user activity and the Taste Graph. It delivers personalized results across all surfaces using a single model.\nSince its launch in 2025 and expansion in the first quarter, PinRec improved search fulfillment by approximately 180 basis points and reduced advertiser cost per acquisition (CPA) and cost per click (CPC) by about 180 basis points.\nThe broader market is experiencing positive momentum, with the Dow Jones up 1.76% and the S&P 500 gaining 0.27%. This overall market strength may be contributing to Pinterest’s upward movement, reflecting a favorable environment for tech stocks.\nPinterest’s current price of $21.86 is 7.5% above its 20-day simple moving average (SMA) of $20.09, indicating a bullish short-term trend. The 50-day SMA is at $19.59, and the stock is 10.3% above this level, suggesting strong upward momentum.\nThe Relative Strength Index (RSI) currently sits at 54.76, indicating that the stock is in a neutral range, neither overbought nor oversold. This suggests that there is potential for further upward movement without immediate concerns of a pullback.\nPinterest, Inc. Class A Common Stock is slated to provide its next financial update on August 6, 2026 (estimated).\nAnalyst Consensus & Recent Actions: The stock carries a Buy rating with an average price target of $26.96. Recent analyst moves include:\nSignificance: Because PINS carries meaningful weight in these funds, any significant inflows or outflows for these ETFs will likely force automatic buying or selling of the stock.\nPINS Stock Price Activity: Pinterest shares were up 5.85% at $21.88 at the time of publication on Thursday, according to Benzinga Pro data.\nPhoto via Shutterstock \nTo add Benzinga News as your preferred source on Google, click here.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.43.1","shortVersion":"4.43.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2641164069","isCrawlerRequest":true}