how do you want to better harness that power that pinterest has?l: two things i would say, one, the team has innovated quite a lot. if you look at the platform today versus where it has been in the past, there is a lot to be really excited about. you have in the shift to video for example, we shared this in our earnings, we now have 10% less of our engagement coming over video, while also staying really true to what users expect in terms of bringing together great inspirational images and things they are interested in. i think it is a good example of innovating with users. there is also a lot still left to be done. i think that is around, how do you help will harness that inspiration? the great thing about pinterest is that people are not just casually browsing, is not just lean back, people are coming with intent and purpose, coming at a part of their journey where they still haven't yet decided what it is they want to do or to buy. we know they are trying to put together a great outfit or plan a party, or redesign a room, but they are at this mom

in pinterest.o i think a lot of bad news was priced in, and here we are, up 20%. emily: you of course have a big leadership change that happened at pinterest. the cofounder and longtime ceo, ou. -- out. how do you see pinterest's challenges different from what is facing facebook and snap? rohit: pinterest has always been a tweener. there is always a debate between, are they are social media company, or just focused on a single person's hobbies and needs, and funneling what they want to buy and put ads in front of them. as we go down the final, pinterest is -- funnel, pinterest is doing what they knew to do. putting payments, tagging along some bells and whistles along with it. they have been doing it very slowly. bill has a very complementary skill set. he was at venmo briefly, now google commerce. he has been a very commerce-oriented skill set, and that is probably something to be excited about and we will be watching it from the sidelines. emily: pinterest of course is a much smaller player than

how did the conversation start with pinterest?admire what and in the team -- ben and the team built over many years. more recently we talked about not only how he was taking about he was from himself, but how it -- what he wants from pinterest. a lot of great alignment for the vision of the business. as you touched on in the intro, opportunity to go from inspiration to realization i think is a really unique thing that does not exist in many places. finding inspiration and intent in the claim -- same platform is really unique and uncommon. there is a lot of -- the opportunity to have people take all the way through that to realization is a great chapter where pinterest can go. making sure to continue on the inspiration and discovery that is already the core of what people love about the platform. emily: there are some that were surprised that dan had left -- ben had left, he had been there for years, can you give us more insight as to why now is the time to move on? >> he did an amazing job over the course of 12 years building a bu

in pinterest.hat seems to be pushing the stock higher in after-hours is the idea that elliott is bullish on this company. they see them as a significant potential for growth play, and that seems to be a big and -- big contributing factor, pushing shares higher. it was a pretty muted start to the week on monday. look at how we were on the main session. the nasdaq 100 basically flat, down slightly. it rose in each of the last three sessions. you look at that significant pullback in yields that continues, u.s. treasury yield down to below 2.6%. and bitcoin is also pulling back. remember, it trades 24/7 and over the weekend we saw declines back towards $23,000 u.s. per token. i am not quite sure what is happening. look at this chart. july was an astonishing month for technology stocks and the nasdaq 100. you see that green bar on the far right-hand side of your screen, the best month we have had going back since april of 2020. stocks were pushed higher on speculation that the fed was going to get towar

shares of pinterest soaring ahead of the opening bell.19% currently despite reporting a miss, yes, a miss for profit and revenue as well for the second quarter it issued weak guidance for the current quarter as well. but better than expected user numbers and elliott management and social media is the company's largest investor hoping to fuel the surge pinterest is trying to buck the trend of other stay at homes that have been hit hard. zoom video and peloton and roku and etsy down 40%. joining me now is lloyd walmsley lloyd, there are many catalysts for a stock surge like this. the fundamentals maybe don't justify it how much is the activist involvement and how much is the short interest in the stock going into this factoring the surge in pinterest >> i think you put your finger on it. it is about positioning and expectations you have seen snap cut dguidance a month after giving it and missed it again. pinterest almost hit the april guidance it got low for the stock and they he beat low expectations. positioning was net short. you are get

ed ludlow is also getting married, i bet he is using pinterest quite a bit. >> pinterest is interestingwe have seen deceleration in topline growth and a worsening. the big difference with pinterest is that they make less money per user than their peers. there is a gap in that. the topline growth, 8.5%. we want to know what the outlook is in the second half of the year. kriti: they are undergoing new management as well. >> a new ceo, a former google executive. he will give it to video and they want to see how that change in execution can help get this company back on track. i think that there is a lot of excitement on the street from that. elliott and management has taken a stake and they are holding talks with the management of pinterest. it will be interesting if that comes up as a question and what the end goal is. kriti: that is something we are watching. that has been in more insight and bring in alex, the founder of crossman plus, a digital ad creation platform that is partnered with google, meta, and talk. he buys some of the largest investments in the tech space. it walk us throu

let's turn to pinterest. this stock is surging despite poor financial results eliot revealing it's now the top shareholder. for more on the quarter and eliot's investment, let's bring in our julia boorstin. hi, julia. >> hi, carl. twitter missing on the top and bottom line, but after the grim outlooks of meta, snap, pinterest wasn't as bad as they had feared skpel yoth is now one of the company's largest shareholder, to tap into ecommerce demand and use information about what people are searching for to target ads and measure those ads' impact, not as constrained by apple's operating system changes as pinterest peers eliot saying, quote, pinterest occupancy a unique position in the advertising and shopping ecosystems and ceo bill ready is the right leader to oversee pinterest's next phase of growth baird writing that pinterest q2 results and q3 guidance support the idea that pinterest occupancy a unique position between search and social, facing revenue headwinds not quite as severe as meta/snap/twitter, but

we'll get the story on trade, uber, pinterest, and jetblue home prices are cooling off while inventories build. will it be enough to solve the affordability crisis why it could still take more than a year for the housing market to normalize. we begin with today's market action that means don chu is here with the numbers. >> we've seen both positive and negative movements in the markets so far today right now it's been at least a marginal move. fractional on either side of things as things stand right now 31 points for the dow 32,876 about 0.1 of 1% gain. the s&p 500 still above 4100 but 4,128 just about flat so far on the session. up and down fractionally again the nasdaq composite index a fractional gain up about 0.25% 12,414 the last trade there. one place you are seeing much more profound movement in the market is in oil and gas, specifically those prices tied to the commodities wti u.s. benchmark crude $93.81 about 5% down side world benchmark, ice brent futures almost a hundred dollars down around 4% energy sector spdr down 3% exxon mobile halliburton some of the under performers so

anyone who read the pinterest call. pinterest is about to merge with paypal. the question is how many needed these companies. so look. i am absolutely perfectly willing to listen to the fact that wages might be going higher. and if you go to restaurant, it may be more important. but there's something i discovered. and if they're too expensive, they don't go. it's shocker. [ laughter ] you take that beard of nine. they find it for someone who has eight. >> there is a magic number. >> you take it to 10 and they use uber to bring it to you. unfortunately, a lot of people run a lot of businesses. when you take your hotel prices up too much, amazing, your hotel is empty. when you take your food prices empty, avocado too high, amazing, seats are empty. do people raise money and think, everything is fine. >> hasn't happened to marriott yet. >> i was surprised. >> rev par, prepandemic. >> all i can say is you have to have fewer chefs. >> fewer chefs. or dishwasher? maybe you do the dish washing. >> i've done them. i was a waiter once. and my father, i had to stay late

we've got pinterest here with an activist investor joining up >> yeah.d activist position with elliott new ceo in place you know, the revenues were solid. the revenue growth is 9% quarter over quarter, pretty good. they're expected to make about 88 cents, so 26 times next year. the problem here is they have only made about 10 cents so far this year. they're looking to make about 80 cents. so in order to justify these forward valuations, they're really going to have to fire on all cylinders. their ebitda margin went down from 29% to 15%. given the guidance that they put forward here, it's going to be hard to keep that so i would expect further compression in margins. it's going to be hard to deliver on this. if you want to play the rotation up and play a quick trade, fine. but i think there's too much competition from instagram they have a billion and a half users. pinterest is 450 million they have a long way to go. >> there you have it, folks. todd gordon not a big fan of caterpillar, uber or pinterest. >> a lukewarm three-stock lunch. >> they have been

julia boorstin has the story >> on the up side, pinterest guidance want as bad as fear after waerngs really driving up that stock is the fact that activist elliot became the company as largest shareholder, shining a spotlight on its positioning to build a business around e-commerce and the ability to use products searches to better target ads elliot says pinterest has a unique position in the advertising and shopping e-commerce systems baird echos elliot's per spect writing -- the qd 3 guidance support the idea that pinterest occupies a unique position between search and social, facing revenue headwinds not quite as severe, but perhaps not quite as resilient as google search elliot getting into the stock is one reason that susquehanna upgraded the stock, and tie to say paypal could mean he could eventually line up the two companies for a deal. >> thank you, julia. >>> soft commodity climbing over the past year. we're going to talk to the ceo of misfits market, which offering sustainable grocery at a discount nser about changing coum behaviors and what it means for his bottom line. th

pinterest is where these people live.at taste great together. >> then shipping and fulfillment it should go to shop at five. they have deep knowledge of how to work with businesses making this combination company and unparalleled competitor. think of the advantages that could accrue here. first at the can get rid of the shipping apparatus and you shop of fives. that's the fulfillment leader. there is financing for people who sign up for the product. paypal could offer amazon prime style like link to all customers. it would be a perfect match. that way pinterest doesn't have to build up e-commerce. it is done for them. i think the activists could make all this happen and do so in a short period of time. is a pipe dream? with this cause and i trust against them? would the justice department look at them? amazon is so disliked by the government, is especially now, the government could get behind this combination. they love to see competitors to amazon. no one has been able to do that because they are so efficient. this paypa

pinterest announced that they are the largest shareholder. company did miss -- julia has this all covered. >>> in a statement, pinterest is a highly strategic business with significant potential for growth so we are talking about the advantage of knowing what their users are looking for and what they want to buy. that makes pinterest less vulnerable to some of those privacy changes. back over to you melissa. >> thank you, julia boorstin. what do you make of this move? >> it is not a good quarter but, for this, the stock would be lower. that there is still some value. we heard on the street, on july 16, it was probably trading around, maybe four times the riveter next year so it is a little bit more expensive but not ridiculous. despite the move i think, you don't have to chase but, i think we stay pinterest for the reasons cited. >> and karen made mention of this. what are the companies that bottomed first. pinterest has been grinding around at these levels since yesterday. we have not seen this company challenge the 100-day trade through it

i will stand on the side lines on pinterest. interesting asset.n't think it's a great, i have better names i like here. i'm not a buyer of pinterest. charles: let me find out if amazon is one of them. lauded for efficiency. shedding 180,000 workers in the last year. not missing a beat in terms of business. i thought they should spin off the retail side of it but what do you make of amazon here? are you a buyer? >> charles, this is one of my fifth picks. they made mistakes at the beginning of this year and last year. they overbuilt for the demand built post-covid that didn't come through for them. they made mistakes. they have gotten hit with all the inflationary pressures all along the way. whether it is fuel, shipping costs, steel input costs. amazon has got 1.6 million employees. just about anything. supply chains going back into the china. they were about as macro exposed as any company. es things are getting less worse and able to sustain premium revenue growth. i think it will accelerate in the back of half of the year. i think margins will r

of pinterest and full faith in the new ceo. prices, still higher than a year ago, but the fastest pace on record in june, and now the pace has slowed, what does this mean for homeowners and renters? >> that's right. so in the past we talked about higher mortgage rates, moving higher and higher and the fed has hiked interest rates and the cost of living crisis with inflation, beginning to eat into people's disposable income and it seems like finally the two together have beginning to have an impact on home prices and according to black knight, the rate of appreciation, on an annual basis, has decreased from 19.3%, to 17.3%, and still pretty high if you think about it. i mean year to year basis, but it is showing moderation. the key issue is there are simply not enough houses to g by and less of a demand issue and more of supply, and lack of supply issues at play here. >> yes, supply issue indeed. cnbc's joumanna bercetche, live from london, thank you so much for being with us this morning. >>> still ahead, we will get back to th

pinterest is going up because of its shuffles by pinterest app.in popularity after trending on tiktok this is a big win for pinterest that has been strugglingwith declining engagement but it did see the stock get a boost when elliott management took a 9% stake in the company in july boosted by that stake and today's move, it's worth that pins has outperformed meta and snap so far this year. carl. >> all right, we'll watch that, julia, thank you. >>> meantime a fresh batchof retail earnings came through today. abercrombie and fitch, burlington stores both in the red. after the bell we'll get earnings from gap which is expecting net sales to decline joining us today on the news line is dana telsey. dana, it's great to talk to you. one point that you've made is that even after all of these prints and all of the comments about inventory and the lower end of the consumer bound, the market was prepped for it in a sense. >> exactly, carl thank you for having me. nice to see you. so yes, i think overall when we're taking a look at these resets that are go

already knows the pinterest title, miracle inca dora. a parable about jesus christ who cast out demons from the present. man. it's actually a current story. oh the toyota. he had more of a don is good me a little yes. yes. but i didn't want allegory or young use and then as long as you get a voice, as all said, i'm an ear the lady on on issues up and a lot honestly those dog or just is thema with wait on, you see global g a r e day, so they, they some ali on is you, they were dog e, slack or go normal. i'm brawlers. you put a new one is going up under you. he doesn't. luggage is on us. oh and i'm agreeing with rock this bring in the presidential election. this incumbent, alexander vouch, won most of the pro russian, and so gucci is resisting european pressure. refusing to impose sanctions on russia . i think somebody stuck with the, with the mom. taquila philip, cannot you to be so cynical with one of the functionals could fill that out on him a call yesterday and i wanted to order some kiddos when he quit honesty schools. i'm here to pu

that would be ideal for pinterest and then right now if you had pinterest and it had something aboutlas, you would have to go to abercrombie and can't or rent savanna if you want to rent and you can't go to pinterest. >> and i want to talk about a name once among the growth companies and then went public. it is below 10 and it had already been down sharply during the month. not enough to reflect the good numbers that would be accepted by the marke . for the third quarter, palantir expects revenue of $475 million. that is up $55 million. and the revenue numbers of $1.9 billion for the year. income from operations up from $41 million-$43 million is not what the market and investors had been hoping. not a lot here. we have had to call but i don't have a lot to share from it. >> and i think what we heard a while ago, this is another thing you did not think that technology should be hurt by. technology was seemingly immune from other parts that are hurt the economy. in other words, totally secular growth. the slowing dollar should not matter and the fed should not matter, but they are com

pinterest isn't growing at a particular rate. i'm not convinced. i know people are trying to sketch out that narrative. for more on paypal let's bring in web bush's melissa cotry. i wonder how you see this paypal quarter, and particularly the cost side. paypal has been in the penalty box for a while. now it's getting a nice little pop. >> i would say better than fair results. number two, the biggest concern has been the fact that e-commerce growth post pandemic has been normalizing to prepandemic levels there's been concern that they'll take numbers down again. they've recent expectations multiple times it seems they saw the commentary from dan schulman during the call last night. it seems that growth has reached -- the normalization of growth reached truf levels it seems we've had a couple of months with accelerating growth. from our erspective, that's been the biggest issue for the stock. you went from a growth stock to a lackluster growth stock. it seems we've kind of stabilized the cost perspective side of the business, i think a lot of this re

now, pinterest is usually for sharing photos of dogs, like fashion, food maybe. posts where he compared obama to nazi germany, showing, as you can see somebody giving a nazi salute. really, really sort of nutty, outlandish claims like that the mexican army was going to be invading or was invading the united states. and that one he actually posted and commented on himself. he didn't just take that from someone else and put it on his board. now, he also had this treason watch list, where he showed photos of both democratic politicians and jesse jackson, these are presumably people he thought were guilty of treason. now, he's running for secretary of state in arizona. and this race is very, very important. the arizona secretary of state administers the elections in the state. they certify the results. and as we saw in the last election, this is going to be a super important swing state. so it's obviously important that the person administering the election is kind of on the level. >> andrew, several leaders of the oath keepers, the far right militia group, were indi

this is why search ads are so valuable, and it's why elliott is so interested in pinterest because pinterest can tap into that as well how much do you think we'll see all of these companies try to lean into that and frankly see more advertisers, especially the ones that are not brand advertisers but are really trying to do direct response are going to be leaning into those platforms. >> yeah, look, i think intent has been part of the promised visual advertising from the very beginning. it's not just google serarch if you visit an automakers or a car sales website, you're classified rightly so, those pinterest has always been a strange company to me. it always seems to get more buzz than use, and i think the company's struggles recently, you know, really pushed that home but look, i think that entire digital world has tried to sell its intent to advertisers. i think it's actually going to become more important, you know, it's been out there, but it's going to become more important because right now advertisers are looking strictly at roi. they want to make sure that that money that they're sp

even our video agency, roughly all band on youtube and pinterest. and we could pull the question, did you think even crystal channels with this update on you being? are you all nominate what they did in a valuable mm hm. not been happening by high middle, none. i on my head up my lap and i had love that i am getting thought messed up when reluctantly knuckle. but up and my love, bob again thought no alarming up at a bit a well, i mean, a happy thought ation. suburban yeah, now we thought yeah, it long i think and.

on russia for date and our t spoke neck, even our video agency, roughly all band on youtube and pinterest and with me, ah with ah ah, with the push another to visit with my guest with also to talk to you with those options, but it's way to store too much time on the assembly dishes. i groaned almost alba here with it. and that is julia, janice, polio. but this is julia bye at them all. those same login with civic pseudo. it pushes the well as you sticky with him and up into the us now with the cast off because i still am a lawyer. what did you yeah, i feel fun. especially if you're still on the boys to us with crystal bye. deals with get away in the technical most by us. it's not so much to start with mulish little sort of, if you don't. plato, but most of all the media, but hugely what is most video special that's are stuff from ago, but i was you have careful she and because of all those rebuttal, you know, if it isn't it's your thank you from the burly written up with customers will be a bottle, come on my gum. will the shopping generals of those to be an issue when you get a 1000000 s

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and pinterest and with, ah, ah, a united states has always had a variety of tools to use and tax on other countries. economic sanctions are, are often just the beginning. another thing you like to do is place some military pressure on the countries that you're talking about here. and there has to be an effort to demonize that country and the leader of that country. ah, we have a responsibility for the whole world. and we need to make rules for the rest because without hours there will be care a with what is shown playfully. what did you have given you and your little guardianship to them is $40.00 a night with somebody doing that. you know, we're going more than it was close to that you were don't pursue orders or i go to move you up with our courses, but he's only music that i was public school. oh yeah. you just make sure that you click on saudi learn more than a move, which is now with a bunch of kids there. the disagreement with alice o'brien with isn't going through, but i didn't buy buying a place. there was a venture to learn. this issue that i mean, but it's you can simply chose a

even our video agency, roughly all band on youtube and pinterest and with ah, what a dollars. you talk to her, a hope that i see a boy that pulled up. are you interested, or se julia does she somebody over there or socially but 0 but she was with us. i was just talking to have a video with you, not got a new a, b and i do so you know that way if you don't mind bye for ah, a with my you will not for chat, the whole not soccer. i know not, but she knew because you and you got a young them, you got a you must say like a little boy, a desinik. ok. then you find a lot that you do it that way you flop. was the idea. that was a thing here with a lot of but almost on you the yeah, just the market here. me and i looked at me when i see the 3 lines that would work for all i'm with that, it's bob wallach. you got the ability to have 3 of you cool. i'm with you know machinery to sort of tunnel with the book from my boss. but super simple to scott. it's mostly about the am thought bucket. he over here not got him . you at the wheels, but the bar, but so if i see about a new list that you d

on russia for date and c r t spoke neck given our video agency, roughly all band on youtube and pinterest, and with me a magic you might look and you live most schools, if you look on the initial be welcome not to get a diaz can use the put body when you do the origin. but you also, there was a done a similar to like when you thought that i've done with what i see the student bosses though group you lation says a gumball sub ah with the push another visit with maggie smith. i was just reading with all sorts i'd love to talk to you with it was actually basically at the store to the assembly dishes. i don't know much about it and that is julia, just polio. but this is julia clay at them. old mission. those same login with citrix unit, which pushes the logistic human up into the us now with the cast. awesome, cuz i still have him with michigan if you still are he boys for a small studio with crystal bye? yes. with get away with mulish little with plato and what about the class to load the media by hugely, what is most video special walker, you know, that's our stuff from ago. careful. she in

even our video agency, roughly all band on youtube and pinterest and with a with a, with what is wrong with you and your little guardianship dylan is $40.00 a night with somebody going that you know, we're going more than a that you don't pursue orders. debra or to move you up with our courses, but he's only was a good i'm just public school. yeah. and you just need to talk with you quickly. i'm sorry, i was on a move, which is now with this agreement with alice o'brien with isn't going through, but i didn't buy brand new place. did it was to venture to love this issue that i mean the but it's, you can simply chose a key 1000000 of course or stores from it though and other through talking about you. good church, you just know the job is that you sent g g with the whole thing. bush cut by you blocks you put on your life. what if you didn't do the restore a year a new and approachable. ah, i don't know a good uncle. those are where you are and you, personally with where do i to go? i think is i love a 3. are you close a deal? the roll. it is the roots always will they give me a mm . that

he already knows the pinterest title, miracle inca dora. a parable about jesus christ who cast out demons from the present. man. it's actually a current story. oh, the joy of the mold from you to that this was a priest that cadon is gotten me when to go after school base. he called the other still yes. yes, so crowley me and one allegory or young rico usa. then as long as you get an oil, as all said, i'm not near e all lately. he on, on a sous up and a lot on are supposed to does dog a justice fema walker, thema boy on you see that.

up to date and school r t spoke neck, given our video agency, roughly all band to on youtube and pinterest. and we could pull the question, did you think even close with ah, with the push another she visit with maggie smith. i was just reading with also to talk to you with the machine was actually supposed to start. it must have been a somewhat dishes growing almost over here with it. and that is julia, just polio. but this is julia by them all. those same login with citrix unit, which pushes the logistic human up into the us now with the cast. awesome. cuz i still am with michigan. if you still are he voiced with crystal bye you said you know what to do, so i'm not like you're supposed to be with get away with them or to push to start with your leash. maybe a little sort of, if you don't, plato and what about the cost of older media, but hugely, what is most video specify walker, you know, that's from a go up careful shipping a bit of the rebuttal and it's your thank you from a barely written up with someone who has a bottle gum gum shopped down with the blog post for the initial video, s

given our video agency, roughly all band on youtube and pinterest, and with me, i had to with this with you or is with you. i'm with, i guess with b a with hello and welcome to cross stock. were all things are considered? i'm funeral about kevin. it's western backers got some truly bad news last week, amnesty international says ukraine fighting tactics endanger civilians, zalinski and his gang are not the innocent victims media claim. plus, we hear a lot about a big offensive soon. well, will it be ukrainian.

pinterest reported earnings after the bell. those shares of nearly 20%.tt management taking a majority stake, but also the resilience of their user base, which is majorly female and is down 5% on the year, but still a lot more robust than people expected. uber, better than expected earnings when they are facing off with ridesharing, inflation, amid the inflationary inputs, shares up 11% ahead of the open. not doing hot, jetblue down 3.4% on the heels of demand being very strong, capacity not meeting that. not seeing capacity coming up as much as people want. it's interesting the share prices coming down so much even though people are still paying more, and more than people expected for the airline tickets. we have been covering this, but the oil companies, the earnings have been record-breaking in many capacities. bp posting the best earnings going back to 2000 eight, those shares up 2.5 percent with increasing dividends across the board. both had record profits. these are the two biggest shale and oil producers in the united states. they talked about inc

on russia for date and c r t spoke neck, given our video agency, roughly all band on youtube and pinterest and with me, ah, oregon trailer roughly where the school with burned down fire took it by accident. we don't know. i take me to court. i don't know warner, the fire knows perhaps the missionaries are gone and now we can do our own. find our own way. we don't need to poop. we don't need the pope to tell us what to do with a school is right here. figure 3 stories building is big enough for a 200 students with you know what we never gave missionaries. we never show them our tiers. we never cried. he can be slapped around like this, bang, bang, bang, bang, bang, right, right on your head and face, slap, slap, slap, slap, slap, and kneel on the floor and eat your vomit electrocution. but i'm still here, i'm still standing up, but they're gone. with the last traces of the missionaries presence start to be found nearby in the reserve. okay. just follow me. i'll make a trailer here. it's an infamous spot. a place. nobody comes to any more. these abandoned huts with the priests, summer residen

state on russia today and split the sport that even our video agency roughly all band on youtube and pinterest with . 2 yes, it's a deal good for you to show me. ah, i think is 70 percent of even 80 percent of so be of the below for why in the future say i want to approach and they go, it means i want this best buy this one. me not a toyota me sale, possibly talk to logan and then we'll proceed with with the loan. but i will let him so i don't know if at all as to what your mom, what about the the vs. you can get on the windows. let's go to the back, but i just put in a little minute and ditch and you know my number is big enough. okay. that makes you got the pin thread, comb, or tardy or a couple of different sort of thing sequence. i think one of your men, mr. miller is born for the boxes, whether the problem on the left is more than a 1000000 a guardian. but i'm also going to come up with this idea that they're motivated. what i'm not picking which is going to let them so not be a big need to do if this were a bit. i got your own. those is listed of them when i get them to medical care. so

>> pinterest had something to do with their activist investors.ng on the retail segment, their largest segment. showing strength in that year-over-year that would be, add confidence to investors that they're going to do well. i think that the numbers that investors want to focus on >> okay. well, we got to look forward to that and mention by the way, sidew "squawk on the street's" going to have more with peter kern tomorrow at 10:00 a.m. eastern next up is block riding a six-day winning streak, but nearly 70% off the highs as it's been brought down with the broader tech wreck this year but results after the bell could give it a boost. shares have climbed on three of its last four reports. kate rooney has the story on this one fintechs have been having a good string >> good month or so. there's a few sides to focus on for earnings today first, you go to cash app. the consumer banking an. venmo competitor it has been one of the highest growth areas venmo had a good quarter with paypal then the seller business which saw more of a slowdown during covi

and pinterest and with, ah, ah, a nuclear crisis is narrowly avoided after at least 7 shells exploited near the erosion nuclear power plant. overnight. they have found only today, 7 anti tank mines. now they're carrying them away into this kind of ukranian fortification, which very soon will be no more. as the mining operations continue across on baths are to take the closer look at the work of russian stoppers in the area and sexual abuse and ramp misconduct. un peacekeepers in the democratic republic of congo, rape local. that's according to a new report. we heard the victims in desperate story.

are we done talking about pinterest? >> i think we're done talking about pinterest. i don't think you'll see transformational m&a from paypal we think the bulk of the cash flo going forward is going to be allocated around return of cash to shareholders, primarily in the form of share buybacks we think when the company has their recently announced analyst day in q1, we think there will be a message around a multiyear capital display strategy that features this enhanced return of cash to shareholders, going to share buybacks i wouldn't rule out the potential for dividend to be introduced. >> jason, we're seeing a slowdown in expectations for all sorts of online spending we've been talking about e-commerce we were just now talking about digital marketing. so why isn't that going to hit paypal, too? >> they've testify felt the pinch and the pain they felt it in the third quarter of 2021. they were the first company in the space to talk about inflation and supply chain challenges and they missed numbers for several quarters in a row as a result. >> why isn't there more? w

rush up to date and school r t spoke mckibbin, our video agency roughly all band on youtube and pinterest sadly to school. the question, did you think even close to chat with earlier stock share that so price floor or store that cost paid. you excuse gear. why still possibly, you know, you still use not equivalent bill much the money. what's the reason for your bill? well, you got good if a call, i mean the prostate. i mean for is that you're the applicants yet much him lawyer. do you get that out there when you you're not sure who they use in most got are i studies children's them although them good the butcher and yet sign it with i don't know tom. the bikes i can access program? no, i don't to by phillip, i have a good night to come from florida to where you put them with layers for them done. but i was like, i put up with a bully, but the what the cookie should use. billy bieber sheet. but on the paper shoe, gosh lar, suddenly, me them for me. then that to list of solution was who was getting them bus and there was need were army you will stoker, did you sleep user to satisfy bocce th

russia to date and split our t spoke neck, even our video agency, roughly all band on youtube and pinterest and with ah, or, oh, when i was showing the wrong one, i just don't know. i mean, you know, yes to see out disdain becomes the african and engagement. it was the trail. when so many find themselves worlds apart, we choose to look for common ground. ah concert, you cut out literally and what happened? your daughter in law would ocean um, reduce your number on your bill, which multiple don't have to do more for it. just like to pull so short boot post to stay in your court draining, improve what they've done actually. so, i mean in the home from school, i was just got those relations when you're welcome just happened to bill to charles fall. nobody called up, i'm still still clear and you will be up with them or do you do them some with little book? the one i'm 100, you know. so you can proceed. you knew this was i'm sure it's hard clarity about a couple of properties. charlotte, you oh no, you were with them. here we go, go to somebody. the radicalization of my down is proceeding apace

on russia today, and split or t sputnik given our video agency, roughly all band on youtube and pinterest, and we could push a digital electricity with me. it was also of the carrier swore it was intended to show russia the new russia. they couldn't go too far. the some excuse. i was mean over amiability, almost one i scenario niga. others vienna you leave are staying on this. you say no good. i'm here in the grocery, visio. oh, a national. he was lewinski scenario and that's not as bna with talk of the psychiatry or say the one. yeah. don't school go doors. yeah. you know what i mean was not he is actually cuz we're in the theater here in his, in there. go. yeah, that's not that cool. mm hm. after the collapse of the wall. so treaty organization, nato expanded east, despite having promised not to them. but they did, nato said ha, it's ours. we move east international law exist as long as it serves american interest. if it doesn't, it doesn't exist. so truthfully, there's no such thing as international law. since the soviet union is collapse, the u. s. a has been surrounding new russia wi

>> i've looked back and forth on pinterest. marriages are tough.n, if you can buy something -- yeah, i don't know if my wife's listening to this but i mean if you can buy something cheap with a very expensive stock, great if you can buy something cheap with cash, and it's accretive, great, but those are two really big ifs. if they've got a fat pitch, great. but i really like this new pivot and focus they're talking about. i hope they execute well on it the stock should be a good performer from here if they do. >> execution is key, david, but that brings up a fundamental problem in paypal, they've had so many users with venmo, but they have not really been able to monetize it, what are they waiting for it, when you look at a competitor, like square cash, much better able to do so. does that raise questions about execution and whether, you know, suleman can execute another pivot? >> great question. venmo's volume growth has been great, user growth has been great and now it's time to bring money down to the bottom line and that's going to be a signifi

. >>> shares of pinterest and paypal both up double digits but still down 65% from their recent highsre thing in common, activist investor elliott management taking stakes in both companies. leslie picker joins us now with a look at why shareholder activism seems to be picking up lately this isn't the only place either, is it, leslie? >> it is certainly not, tyler. activism saw a slight uptick in the first half of the year, but still well off the highs of the pre-pandemic era the second half of the year appears to be rife with activity as well. elliott confirming stakes in pinterest and paypal this week alone and bankers and advisers to companies and activists say they are expecting an unprecedented second half. >> i think we are already setting ourselves up at a good year but it's likely to be a record year for activism i predict unless there's a major event on the back end of the year, something macro or something that disrupts the markets, there should be a pretty significant amount of activity in the back end of the year >> markets are a key driver here, of course, with valuations

russia for date and split ortiz spoke neck, given our video agency, roughly all band on youtube and pinterest. and we put the question, did you think even close to chat with ah, ah, with hello and welcome to cross talk. we're all things are considered. i'm peter labelle for decades. washington adhered to what has been called the one china policy and that included taiwan for better or worse, it is kept the peace in the region. house speaker nancy pelosi strip the tie. want put this into question. is the biding ministration needlessly and recklessly provoking china? ah, i.

russia today and school ortiz spoke mckibbin, our video agency, roughly all band on youtube and pinterest with hulu. ringback because she changed spencer with that with forced from national guido, which would you choose to when you are in the, in the controller reads from when to do or not. but who do a walk along with the national anthem? a, a voice a walking mm. for a reason he's munoz cards and like if you speak russian, keep your voice down while out and about a couple of don't put your human symbols on display a little speech nice. all right, so you guys don't talk to strangers. i. 7 avoid noisy gatherings and rallies a marsh. we've eaten your colleagues and perhaps also your friends think you're guilty because you'll russian a detail. glad to wait a minute for a specific social with a with hello and welcome to cross stop where all things are considered. i'm peter lavelle . the one aspect about the ongoing conflict in ukraine that stands out most is media coverage. never in the history of corporate media has coverage been so biased, one sided, and it does not stop. they are questioni

pinterest is trying some things to keep users engaged and attract new people to that site.ig stocks are up this morning. cook ran upstairs to bring us this news and more in dollars and cents, thanks to some good news from uber a little bit of a mixed report, but uber stock headed up 14% after its second quarter profit shows record revenue positive cash flow for the first time ever that news is helping take lift and doordash up this morning as well as that opening bell rang this morning shares and pinterest gained 11% on news that it added users last quarter attracted a significant investor and announced a new app called shuffles that helps users create collages of photos and mood boards again. that's pinterest taking a live look at the markets, tensions between the us and china are in focus surrounding house speaker nancy pelosi's trip to asia. she did just land recently just moments ago in taiwan. and the dow jones down about a third of a percent 118 points there. the s and p 500 also down, um, fluctuating a little bit actually, the s and p 500. the nasdaq are now both up,

for date and support. ortiz spoke neck, given our video agency, roughly all band on youtube and pinterest, and we put a question, did you think it requests with me? so what we got to do is identify the threats that we have. it's crazy confrontation, let it be an arms. race is often very dramatic, development only personally and getting to resist. i don't see how that strategy will be successful, very difficult time. time to sit down and talk to those with major se gay valinda ski code named belinda commander of ukraine's 36 marine brigade served in crimea before the 2014 referendum took part in combat operations against civilians in don't bass. in april 2022 is marines join forces with as all but as a stop we will let those go on all those and we've had to put that it was thrown in a we've had no grain was supported in a warm gun. they were new, bigger, it was his physicals. and if i knew i knew it shouldn't be a little. i knew the other katerina polished cook code named buddy 21 years old as elf regimen sniper poses, as a paramedic inactive. my dad protested since the age of 13 past ideo

up to date and school ortiz spoke neck, given our video agency, roughly all band on youtube and pinterest. and we took over 20 biggest if it requests with blue children at st and visit angel schools suffered nightmarish levels of abuse, torture and child rape. and yet the office of the attorney general suppressed thousands of pages. the police have evidence that identified those perpetrators in the school. i was electrocuted twice. i was only 7 years or just too high for me. so for me to put me in the chair by the law warriors to run over here at korea, abuse somebody and ran here and she kept solution with himself. some of them are my relatives didn't make it jerking themselves to death over doors to that. yeah, i did make me, it made me the person i am today because i'm a, i don't give up. any investigations were too often handled differently because the decease was indigenous. so many of the worst criminals got away the bishop's got away. the ones who done most of the damage never got charged. ah ah, for the 1st time in history, an entire country's culture has been trashed with a very

russia today and school ortiz spoke that given our video agency, roughly all band to on youtube and pinterest, and we put a quick question. did you think it would cost to chat with me? no, yes, good wellborn got dory whistle moisture. they're expensive. that's it as a, that's a business, a business, but i don't bus morisha. he has no way, but guy like one machine. yeah, i'm glad you wouldn't. mind. looks too, but now that's new. my likely number. we're based on the what's the customer, sidney a .

and pinterest and with, ah mm mm hm. with ah concert you cut out literally and what happens with the order in order ocean come, reduce your number down your bush multiple don't do much for it feels like a ball so sure. the blue process, the yan yan yoko, bringing in both of them actually su styles. i mean, you'll notice from school, i'll just go to release of a new multiple trust serpents bill to chose for will nobody called but i'm still still coming up with them or do you do them somewhere? total bill, up the one i'm 100, you know. so you can proceed, you knew this was i'm sure quote about a couple of properties that you knew you were with them. here we go to somebody present the radicalization that my dad is proceeding apace. barricades appearing all over central key. my dad's self defense activists seize and control government buildings. confrontations with the police, a new mir skirmishes anymore. real battles, arranging in the city streets, protested wheels, iron bars, improvised batten's, stones, and stacks of mol

he already knows the pinterest title miracle nga dara. a parable about jesus christ who cast out demons from the present. man. it's actually a current story. oh he toy. yeah. he had more but i'm sure a dog is good. me. where to go it docile bass. he called the other still yes. yes said, but i didn't want to go to your youngest rico usa then as long as you get a voice, as all said earlier, e all lately he on on is was up at a more honest was he does longer just is fema with bowie on is either global that is you martine, are. emma said a, this will literally on is either a dog. e slack will go normal and roll as you put it, you only going up either you, he doesn't luggage it on us. oh, and it's, i'm agreeing with rock this bring in the presidential election, this incumbent alexander, vouch, one, most of the pro russian. and so gucci is resisting european pressure, refusing to impose sanctions on russia. i wanted to come with the, with the mom taquila philip to quote you to be so cynical with what the function was good for that. i want him a