🚨 Pinterest + Lyft

Pinterest shocks Wall Street + Lyft bets big in Europe

Welcome to SaaS Wire — your backstage pass to the hottest in software and services!

What we’ll cover today:

🎨 Pinterest’s shock 15% surge

🚗 Lyft’s $200M EU expansion move

💸 Why SaaS ad models are heating up again

🔥 Upcoming SaaS events you don’t wanna miss

Source : Peakpx

Pinterest, the visual inspo app, crushed expectations in its Q1 earnings and gave investors a surprise boost with stronger sales guidance.

🚨Breaking News:
Pinterest shares popped 15% after it announced better-than-expected Q2 sales, shaking off economic worries and global trade tensions.

⚡Wire Simplified –

  • Pinterest expects Q2 sales between $960M and $980M—beating what experts thought.

  • First quarter earnings were solid, even with global ad market struggles.

  • The stock soared 15% in after-hours trading.

  • Pinterest is staying strong while other ad-powered apps are feeling shaky.

  • This comes as US-China trade drama still makes investors nervous.

✔️Straight to the Point:
Pinterest is flexing with stronger sales forecasts, proving it’s not just a pretty app—it’s also making serious ad money.

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Source : NBC

Lyft, the ridesharing giant, gave investors a reason to smile by beefing up its buyback plan and reporting solid growth.

🚨Breaking News:
Lyft’s shares rose up to 10% after it increased its buyback to $750M and posted a profit in Q1.

⚡Wire Simplified –

  • Lyft made $1.45B in Q1 sales, growing 14% year-over-year.

  • It turned a profit: $2.57M net income (big glow-up from last year’s loss).

  • Active riders hit 24.2M; rides grew 16%—that’s a lot of trips!

  • Lyft is expanding in Europe with a $200M FreeNow acquisition.

  • New buyback plan = $750M, showing confidence in its future.

✔️Straight to the Point:
Lyft’s cashing in on growth, buying back stock, and going global—proving the rideshare game isn’t slowing down anytime soon.

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Date: May 2025 | Location: Boston, MA, USA

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