Pinterest jumps 18% after reporting its first-ever $1 billion quarter

Pinterest just hit a major milestone—its first-ever $1 billion quarter, with Q4 2024 revenue hitting $1.15 billion, beating expectations. Its ad business is booming, with ad impressions soaring 43% and clicks growing even faster. This news sent its stock up 18%. CEO Bill Ready said Pinterest has never been more "actionable" with 553 million active users.