(AOF) – Pinterest is expected to rise sharply on Wall Street thanks to results better than expectations. The image platform reported a net profit of $6.7 million in the third quarter compared to a net loss of $65.18 million a year earlier. Adjusted for exceptional items, earnings per share came to 28 cents, clearly exceeding the consensus of 21 cents. Its revenues increased by 11% to $763 million, compared to the consensus of $744 million.
The firm claims 482 million monthly active users in September, an increase of 8%. This is an all-time high.
In the fourth quarter, its revenues are expected to increase from 11% to 13%.
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Artificial intelligence, threat or opportunity for professional and specialized press publishers?
After having fought for the tech giants to pay them for related rights, press publishers are worried about the use of their data for the benefit of artificial intelligence (AI). Generative AI feeds on information it finds on the internet, including that from the media. The latter can, however, prevent the use of their data by an AI thanks to the 2019 European directive and its translation into French law, which governs the search for texts and data. However, this remains theoretical. In the meantime, certain specialized players in the publishing world are working to reassure investors after the loss of value on the stock market of certain companies. Thus professional information specialists, or publishers of academic publications, such as RELX, Pearson or Wolters Kluwer are multiplying reassuring messages and presenting AI more as an opportunity than a threat by emphasizing that they themselves use AI. ‘AI. Analysts generally remain confident in these specialized publishing players because their strong asset is based on the reliability of the information they transmit, which is still far from being the case for AI. For now…