Actualités

Pinterest forecast second-quarter revenue above analysts' estimates on Monday, helped by steady spending from advertisers as the ‌image-sharing platform sharpens its ad offerings with deeper artificial intelligence ‌integration. Shares of the California-based company jumped 16% in extended trading. The company has been stepping ​up investments in AI, rolling out enhancements to its Performance+ ad suite to automate ad creation and improve personalized targeting, which have started to bear fruit.

ON Semiconductor, Pfizer, Uber, McDonald’s, and many more will report earnings this week. Economic releases will include the April jobs report and purchasing managers index.