Pinterest, a platform Futurism described as “being strangled by AI slop,” is not having a great day.

The image-based social media company yesterday released its third-quarter earnings and, despite a 17% increase in revenue year-over-year (YOY), its shares took a tremendous tumble.

Pinterest stock (NYSE: PINS) dropped about 20% through after-hours trading and into premarket on Wednesday, sitting at 18.6% down at the time of publishing.

We’ll get into the “AI slop” factor, but first it’s worth noting that Pinterest’s revenue might have improved YOY, but it only just met Wall Street’s expectations of $1.05 billion, according to consensus estimates cited by CNBC.

Pinterest also missed earnings per share estimates of 42 cents, reaching an adjusted 38 cents instead.

Meanwhile, the company p

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