Yahoo Finance

Pinterest Inc. is a social media platform for visual discovery. Pinterest went public on April 18, 2019 at $19 per share, above the company's projected price range of $15-$17 in its SEC filing. The platform allows contributors ('pinners') to share visual images ('pins'), as well as save and organize ideas and recommendations into collections. Since its launch in 2010, Pinterest has grown into a community of more than 350 million active users and become a key resource for advertisers targeting specific demographics.

Wall Street is broadly lower as economists adjust their rate expectations to fewer cuts and further into the year than initially expected. This is in reaction to a hot inflation print this morning. CPI came in at 3.0% at an annual rate for January, up from 2.9% in December. On a monthly basis, it accelerated by 0.5%, also above expectations. Core CPI ticked up to 3.3% in January compared to 3.2% in December. On a monthly basis, it edged up by 0.4%, also higher than expected. The yield on the 10-year Treasury note is at 4.67%. Oil is at $72 per barrel. Bitcoin is at $95,000.

The Vickers Top Insider Picks is a daily report that utilizes a proprietary algorithm to identify 25 companies with compelling insider purchase histories based on transactions over the past three months.

Deutsche Telekom is the incumbent telecom operator in Germany and remains the dominant player in both mobile and fixed markets. It also owns a controlling stake in T-Mobile US—one of three primary wireless carriers in the United States—which merged with Sprint in 2020, consolidating the market from four to three operators. Aside from its two core markets, Deutsche Telekom also has operations in several Central European countries and holds an IT arm (Systems Solutions).