Pinterest, $PINS, has said it plans to cut “less than 15%” of its workforce and reduce office space as it shifts resources toward investing in artificial intelligence

BREAKING: OpenAI is predicted to buy Pinterest, $PINS, in 2026, per the Information

$PINS - OPENAI MAY ACQUIRE PINTEREST IN 2026 According to The Information, OpenAI is predicted to buy Pinterest in 2026. Reporter Ann Gehan notes that OpenAI could be interested in Pinterest’s image data, advertising business, and merchant relationships. Pinterest’s digital scrapbooking features may also complement OpenAI’s image and video generation models.

EARNINGS PREVIEWS – 11/4/25 AFTER CLOSE $AMD: • EPS est $1.16 vs $1.07/$1.26 • revs $8.74B • FY EPS $3.91; revs $33.07B • short interest 2.39% • implied move ±7.2% • Consensus BUY, PT $245 • call 6:00 PM. $PINS: • EPS est $0.42 vs $0.37/$0.50 • revs $1.05B; FY EPS $1.75 • revs $4.24B • short interest 4.07% • implied move ±11.9% • Consensus BUY, PT $43 • call 5:30 PM. $RIVN: • EPS est ($0.72) vs $0.63/$0.96 • revs $1.50B • FY EPS ($2.69), revs $5.40B • short interest 13.35% • implied move ±8.5% • Consensus HOLD, PT $15 • call 6:00 PM. $CAVA: • EPS est $0.12 vs $0.10/$0.14 • revs $292.6M • FY EPS $0.55 revs $1.18B • short interest 11.48% • implied move ±12.6% • Consensus BUY, PT $84 • call 6:00 PM.

Good morning to everyone:

Good night to everyone:

Good morning to everyone:

Look at this. Pinterest, $PINS, has seen large spikes in net call premiums since yesterday. The $PINS $40x expiring 11/12/2025 and $35 call 11/21/2025 are up 100%+ today. You can see the $PINS flow and market tide, right on Unusual Whales.

Pinterest, $PINS, earnings: - Revenue: $854.9 million, est: $846 million - EPS: $0.23, est: $0.26

Earnings in after hours: $MARA, $COIN, $DKNG, $PINS, $AFRM See full list and implied moves:

MORNING BID Amazon ( $AMZN): 🔸 Q4 EPS: $1.86 (Est. $1.49) 🔸 Operating Income: $21.2B (Est. $19.145B) 🔸 Sales: $187.8B (Est. $187.299B) Q1 Guidance: 🔸 Sales $151-155B (Est. $158.45B) 🔸 Operating Income $14-18B (Est. $18.347B) 🔸 AWS Sales: $107.6B Tesla ( $TSLA): 🔸 China EV Sales in Jan: 63,238 units (-11.5% YoY, -32.6% MoM) 🔸 BYD Sales: 296,446 units (+47.5% YoY, -41.8% MoM) Boyd Gaming ( $BYD): 🔸 Q4 Adjusted EPS: $1.96 (Est. $1.79) 🔸 Revenue: $1.04B (Est. $1B) 🔸 Strong growth in Online segment Elf Beauty ( $ELF): 🔸 Q3 Adjusted EPS: $0.74 (Est. $0.76) 🔸 Revenue: $355.3M (Est. $330.39M) 🔸 FY25 Guidance: 🔸 EPS $3.27-$3.32 (from $3.47-$3.53) 🔸 Sales $1.3B-$1.31B (from $1.315B-$1.335B) Expedia ( $EXPE): 🔸 Q4 Adjusted EPS: $2.39 (Est. $2.04) 🔸 Adjusted EBITDA: $643M (Est. $570.9M) 🔸 Revenue: $3.184B (Est. $3.07B) 🔸 Gross Bookings: $24.422B 🔸 Dividend reinstated Mohawk Industries ( $MHK): 🔸 Q4 Adjusted EPS: $1.95 (Est. $1.85) 🔸 Revenue: $2.64B (Est. $2.54B) 🔸 Global Ceramic Sales: +1.5% reported, Flooring ROW Sales: -2.1% reported 🔸 Hurricane impact: ~$10M Nikola ( $NKLA): 🔸 Shares decline on reports of potential sale, restructuring, or bankruptcy Skechers ( $SKX): 🔸 Q4 EPS: $0.65 (Est. $0.75) 🔸 Sales: $2.212B (Est. $2.22B) 🔸 Q1 Guidance: Sales $2.4-2.43B (Est. $2.486B), EPS $1.10-1.15 (Est. $1.55) Bill Holdings ( $BILL): 🔸 Q2 Adj EPS: $0.56 (Est. $0.47) 🔸 Revenue: $362.6M (+14% YoY, Est. $359.99M) 🔸 Q3 Guidance: EPS $0.35-$0.38 (Est. $0.34) 🔸 Revenue $352.5M-$357.5M (Est. $360.37M) Cloudflare ( $NET): 🔸 Q4 Adj EPS: $0.19 (Est. $0.18) 🔸 Revenue: $459.9M (Est. $452.12M) 🔸 Added 55 customers spending >$1M/year in 2024 🔸 FY25 Guidance: Adj EPS $0.79-$0.80 (Est. $0.85), Revenue $2.09B-$2.094B (Est. $2.1B) GoPro ( $GPRO): 🔸 Q4 Adj EPS: -$0.09 (Est. -$0.12) 🔸 Revenue: $200.88M (Est. $196.5M) 🔸 Q1 Guidance: EPS loss -$0.13 to -$0.03 (Est. -$0.08) 🔸 Revenue $115M-$135M (Est. $136.25M) 🔸 Gross Margin ~35% Fortinet ( $FTNT): 🔸 Q4 EPS: $0.74 (Est. $0.61) 🔸 Revenue: $1.66B (Est. $1.6B), Billings: $2B 🔸 Non-GAAP Op Margin: 39% (+720 bps YoY) 🔸 FY25 Guidance: EPS $2.41-$2.47 (Est. $2.42), Revenue $6.65B-$6.85B (Est. $6.63B) Lumentum Holdings ( $LITE): 🔸 Q2 Adj EPS: $0.42 (Est. $0.36) 🔸 Revenue: $402.2M (Est. $389.76M), Adj Gross Margin: 32.3%, Adj Op Margin: 7.9% 🔸 Q3 Guidance: Revenue $410M-$425M (Est. $411.84M), Adj EPS $0.47-$0.53 (Est. $0.42) Microchip Technology ( $MCHP): 🔸 Q3 EPS: $0.20 (Est. $0.28) 🔸 Revenue: $1.026B (Est. $1.05B) 🔸 Q4 Guidance: Non-GAAP EPS $0.05-$0.15 (Est. $0.27), Revenue $920M-$1.0B (Est. $1.05B) 🔸 FY25 Capex: ~$135M Monolithic Power Systems ( $MPWR): 🔸 Q4 EPS: $4.09 (Est. $3.98) 🔸 Revenue: $621.67M (Est. $608.09M) 🔸 Q1 Guidance: Revenue $610M-$630M (Est. $584.38M), Gross Margin 55.4%-56% 🔸 Dividend increased Netflix ( $NFLX): 🔸 Considering bid for Formula One’s U.S. TV rights Onto Innovation ( $ONTO): 🔸 Q4 Adj EPS: $1.51 (Est. $1.41) 🔸 Revenue: $263.939M (Est. $260.5M), Gross Margin: 50% 🔸 Q1 Guidance: Revenue $260M-$274M (Est. $267.4M), Adj EPS $1.40-$1.54 (Est. $1.49) Pinterest ( $PINS): 🔸 Q4 Adj EPS: $0.56 (Est. $0.65) 🔸 Adj EBITDA: $470.943M (Est. $444.6M), Revenue: $1.154B (Est. $1.139B) 🔸 Q1 Guidance: Revenue $837M-$852M (Est. $832.78M), Adj EBITDA $155M-$170M (Est. $140.75M) Qualys Inc. ( $QLYS): 🔸 Q4 EPS: $1.60 (Est. $1.37) 🔸 Revenue: $159.2M (Est. $156.27M) 🔸 FY25 Guidance: Non-GAAP EPS $5.50-$5.90 (Est. $6.09), Revenue $645M-$657M (Est. $651.13M) SS&C Technologies ( $SSNC): 🔸 Q4 Adj EPS: $1.58 (Est. $1.32) 🔸 Adj Op Income: $581.9M (Est. $569.2M), Adj Revenue: $1.5361B (Est. $1.483B) 🔸 FY Guidance: Adj Revenue $6.085B-$6.245B (Est. $6.159B), Adj EPS $5.64-$5.96 (Est. $5.75) Synaptics ( $SYNA): 🔸 Q2 Adj EPS: $0.92 (Est. $0.86) 🔸 Revenue: $267.2M (Est. $265.6M), Gross Margin: 53.6% 🔸 Q3 Guidance: Revenue $250M-$280M (Est. $253.27M), Adj EPS $0.65-$1.05 (Est. $0.72) Take-Two Interactive ( $TTWO): 🔸 Q3 EPS: -$0.71 🔸 Adj EBITDA: $88.8M, Revenue: $1.36B (Est. $1.39B) 🔸 Q4 Guidance: Revenue $1.52B-$1.62B (Est. $1.538B), Adj EBITDA $223M-$277M (Est. $327.92M) ViaSat ( $VSAT): 🔸 Q3 EPS: $0.11 (Est. $0.05) 🔸 Revenue: $1.12B (Est. $1.13B) 🔸 On track for FY guidance; FY26 expects YoY revenue and Adj EBITDA growth, Capex ~$1.3B

#Downgrades - Dec 10, 2024 • $AAOI: B.Riley Downgrades to Sell from Neutral - PT $14 • $BIOA: Morgan Stanley Downgrades to Underweight from Equalweight - PT $5 (from $40) • $BSIG: RBC Capital Downgrades to Sector Perform from Outperform - PT $33 • $CARM: BTIG Downgrades to Neutral from Buy • $CCI: Wells Fargo Downgrades to Underweight from Equal Weight - PT $100 (from $105) • $CNC: Jefferies Downgrades to Underperform from Hold - PT $52 (from $68) • $DHI: KBW Downgrades to Market Perform from Outperform - PT $183 • $EBAY: Jefferies Downgrades to Underperform from Hold - PT $52 (from $60) • $FAF: KBW Downgrades to Market Perform from Outperform - PT $80 • $IAC: Piper Sandler Downgrades to Neutral from Overweight - PT $54 (from $68) • $IREN: JPMorgan Downgrades to Neutral from Overweight - PT $15 (from $9.50) • $MLM: BNP Paribas Downgrades to Neutral from Outperform - PT $650 • $MTG: KBW Downgrades to Market Perform from Outperform - PT $29 • $PGR: HSBC Downgrades to Hold from Buy - PT $267 • $PINS: Piper Sandler Downgrades to Neutral from Overweight - PT $36 (from $41) • $PTVE: Citi Downgrades to Neutral from Buy - PT $18 (from $13) • $RKT: KBW Downgrades to Underperform from Market Perform - PT $11.50 (from $16) • $TOL: KBW Downgrades to Market Perform from Outperform - PT $164

RECAP • $AMZN: Developing smart glasses for delivery drivers to aid navigation. • $ARMK: Q4 EPS $0.54 vs. $0.53 est., new $500M buyback, dividend up 11%, FY25 guidance increased. • $BLMN: Downgraded to Market Perform by Raymond James. • $BKNG: Announces organizational changes and layoffs. • $TSLA: Shares up 7% premarket, reached $1T market cap post-Trump win. • $ENPH: Cutting 17% of workforce, expects $17-20M in restructuring costs. • $NOV: Downgraded to Neutral by Citigroup, target price cut to $18. • $SMR: Filed for up to $200M share offering. • $Russia: Potential merger of major oil companies into one entity. • $FTX: Sued Binance & Zhao for $1.8B, also suing Scaramucci. • $GEHC & $RDNT: Collaborating on AI in imaging. • $INSP: $75M share repurchase program. • $TEVA: Seeking to reverse patent decision. • $TSM: Ordered to stop exporting advanced AI chips to China. • $SPNS: Reduced FY24 revenue forecast, Q3 underperformed. • $SONY: Q2 profit up 69%, game biz profits doubled, PS5 sales at 3.8M. • $PINS: Upgraded to Outperform by Wedbush.

#Upgrades - Nov 11, 2024 • $AKAM: HSBC Upgrades to Buy from Hold - PT $121 • $AMH: Evercore ISI Upgrades to Outperform from In Line - PT $42 (from $41) • $CBOE: Deutsche Bank Upgrades to Buy from Hold - PT $222 (from $212) • $CSCO: JPMorgan Upgrades to Overweight from Neutral - PT $66 (from $55) • $EPAM: Scotiabank Upgrades to Sector Outperform from Sector Perform - PT $275 • $MLNK: UBS Upgrades to Neutral from Sell - PT $25.50 (from $18) • $MRCY: Jefferies Upgrades to Hold from Underperform - PT $42 (from $30) • $NTST: Scotiabank Upgrades to Sector Outperform from Sector Perform - PT $18 • $OEC: JPMorgan Upgrades to Overweight from Neutral - PT $21 (from $20) • $OUST: Cantor Fitzgerald Upgrades to Overweight from Neutral • $PINS: Wedbush Upgrades to Outperform from Neutral - PT $38 • $SKT: BofA Securities Upgrades to Buy from Neutral - PT $40 (from $35) • $SKT: BofA Securities Upgrades to Buy from Neutral - PT $40 (from $35) • $UEIC: B.Riley Upgrades to Buy from Neutral - PT $14 (from $11) • $UPST: BTIG Upgrades to Neutral from Sell • $VLY: JPMorgan Upgrades to Overweight from Neutral - PT $11 (from $10.50) • $WBD: Wolfe Research Upgrades to Peerperform from Underperform • $WGO: Northcoast Research Upgrades to Buy from Neutral - PT $175