Pinterest, Expedia, TSMC: Trending Tickers

In This Article:

Pinterest (PINS) stock pops after reporting strong first quarter revenue and issuing an upbeat outlook, with artificial intelligence (AI) tools expected to boost advertising sales.

Expedia (EXPE) cuts its full-year outlook as weak US travel demand weighs on results.

Taiwan Semiconductor Manufacturing Company (TSM) revenue jumped in April as orders spiked ahead of tariffs.

To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.

00:00 Speaker A

Now time for some of today's trending tickers. We're watching Pinterest, Expedia and Taiwan Semiconductor. First up, Pinterest soaring after reporting strong first quarter revenue and issuing better than expected guidance. The social media company's second quarter revenue forecast easing concerns of an advertising slowdown. Executives say the company's ability to leverage AI, artificial intelligence, is a key differentiator there. The shares, uh, they are moving higher by about 10%. We're seeing moving, uh, higher just after the report by 15%. And ultimately here, as we continue to think about what this means for the advertising market and where Pinterest plays a role in that, I think they're carving out quite a good space and leveraging some of the artificial intelligence features that they've been talking about for a few quarters to really bring on more of those ad dollars as well.

01:09 Speaker B

Yeah, the company being able to swing to a profit here and guiding for higher than expected revenue going forward, but there is a question mark here, of course, due to none other than potential trade-driven policies, specifically given potential headwinds in Asia, large portion of their advertising coming from Asia. They could be pulling back on spending according to a Bloomberg Intelligence analyst talking about his reaction to the print, having said that the monthly active users, the revenue and the EBITDA all coming in better than expected. Uh, and this is also one of my favorite, um, I like to call them girly pop stocks. We take a look at what the girlies are spending time on, and then you tend to see the stock going into a positive reaction. So that's just my personal favorite indicator. What are the Gen Z girlies using? They're using Pinterest.

02:23 Speaker A

I mean, that's exactly what they said. The CEO Bill Ready had essentially said that Pinterest appeal among younger demographics. Pinterest is where Gen Z goes to shop. That's what they said.

02:38 Speaker B

Right. Exactly, exactly. There you go. All right, let's get over to Expedia. Another look at the consumer cutting its full-year outlook as US travel demand falls. The online travel agency's first quarter results and second quarter outlook also missing estimates. The CEO warning that weaker than expected demand is continuing in their current quarter. Really tough in terms of demand in the US. They say was softer than expected and two-thirds of the company's business comes from the US.

03:07 Speaker A

Yeah, taking a look through some of the outlook, the guidance that the company had offered, the shares are down by more than 10%. The company looking to see gross bookings between 2% and 4% here in the second quarter of 2025. Revenue growth, that's expected to be in this range of 3 to 5%. And there is a lot of caution, it seems, among analysts, but still, uh, you've got this range of price targets top side, $290 still remains, it seems. And then the downside there, $143. So, it is quite that range that you're seeing, at least from this point where Expedia is currently trading at $151 and of course, uh, as we get into trade, we'll see exactly where things continue to shift towards the CEO saying that they did deliver results within their guidance range this quarter amidst softer US travel demand. So having to acknowledge what some of the macro trends are that are playing out as well.

04:21 Speaker B

Absolutely. Also, Taiwan Semiconductor's revenue jumping 48% in April as customers rushed to buy chips before tariffs took effect. Still, the recent surge of the Taiwan dollar could pressure the chip maker's margins going forward since most of its business is done in US dollars. Just taking a look at shares, they are up by about two and a half percent. This really speaks to some of the onshoring of those chip products prior to and looking to beat some of the kind of tariff implications that everyone was trying to wrap their minds and their business operations around.

05:04 Speaker A

Yeah, and given the strong demand that you mentioned, leading to that 48% revenue jump here, obviously, that is potentially a boon for the likes of Nvidia. We are keenly awaiting their earnings print coming up here on May 28th. Taking a look at TSMC shares up over 20% for the month. And you can scan the QR code below to track the best and worst performing stocks with Yahoo Finances Trending Tickers page.