US Stocks Move | Pinterest rises over 6% as acquisition deal prompts upward revision of Q1 revenue guidance

Glonghui, February 18｜On social media platforms, a certain exchange rose more than 6%, trading at $16.45. In terms of news, the exchange raised its first-quarter revenue guidance to reflect the company's completion of the acquisition of the connected TV (CTV) advertising platform tvScientific. The company now expects revenue for the quarter to be between $958 million and $978 million, higher than the previous forecast of $951 million to $971 million. The company stated that the acquisition enables it to integrate CTV into its Performance+ AI optimization tool, thereby expanding its capabilities in automated media buying, using machine learning to optimize advertising campaigns, and delivering deterministic results across screens.