US January CPI Rises 2.4% YoY, Markets Up
The major averages were higher near noon as traders digest a slate of earnings releases as well as the January consumer price index release. The Bureau of Labor Statistics said that CPI for last month rose 0.2%, reflecting a gain of 2.4% on an annualized basis. Both inflation figures were lower than consensus estimates of 0.3% and 2.5%, respectively.Looking to commodities, gold was trading higher once again, surpassing the $5,000 threshold as precious metals continue to show signs of strength as a defensive hedge. Oil, meanwhile, was fractionally lower to cap off an otherwise strong week for the commodity.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Pinterestreportedand provided a lower-than-expected outlook for Q1Airbnbreportedbut better-than-expected revenueDraftKingsreportedand provided downbeat FY26 revenue guidanceCoinbasereportedAlibabawill be added to a U.S. list of firms aiding China's military,2. WALL STREET CALLS:Pinterestwasto Neutral or equivalent ratings by at least 8 firms after earningsRokuto Buy at RosenblattAirbnbto Outperform at Evercore ISI and to Buy at Deutsche BankNorwegian Cruise Lineto Neutral at JPMorganMerckto Buy at Deutsche Bank3. AROUND THE WEB:GE Aerospaceis making a switch to robots to ease one of aviation's biggest bottlenecks: overloaded repair shops and scarce parts, Reuters reportsRussia has blocked WhatsApp, citing Meta's"unwillingness to comply with Russian law," and is proposing that Russians switch to the state-owned Max app, Reuters reportsAmazonis directing internal teams to use its in-house AI coding assistant, Kiro, for production work, a move that has drawn criticism from roughly 1,500 employees advocating for the use of Anthropic's Claude Code instead, Business Insider saysU.S. prosecutors confirmed that Peter Williams, former head of L3Harris'Trenchant, pleaded guilty to stealing and selling eight sophisticated hacking tools, earning over $1.3M in cryptocurrency between 2022 and 2025, TechCrunch reportsMicrosoftis planning to pursue "true self-sufficiency" in the AI space by building its own models and reducing reliance on OpenAI, FT says4. MOVERS:TRI Pointeincreases after announcing it will befor $47.00 per share in cashCorsair Gaminggains after, providing guidance for Q1 and FY26, and announcing its Board authorizes the repurchase of up to $50M sharesRivianand Magnahigher in New York afterBright Horizonsfalls afterand providing guidance for FY26Fortune Brandslower afterand appointing Banati as CEO5. EARNINGS/GUIDANCEModerna, with EPS and revenue beating consensusInstacart, with the company commenting, "In Q4, we delivered our strongest quarterly GTV growth in three years"Wendy'sand provided guidance for Fy256Wynn Resorts, with EPS missing consensusDauch Corporationand provided guidance for FY26INDEXES:Near midday, the Dow was up 0.43%, or 210.88, to 49,662.86, the Nasdaq was up 0.31%, or 69.77, to 22,666.91, and the S&P 500 was up 0.54%, or 37.18, to 6,869.94.
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- Pinterest Lawsuit Overview: Pinterest, Inc. is accused of failing to disclose risks of declining advertising revenues during the period from February 2025 to February 2026, potentially leading to imminent restructuring and significant negative impacts on future financial performance.
- New Era Energy Allegations: New Era Energy & Digital, Inc. is charged with overstating progress on its Texas data center project and engaging in fraudulent schemes to transfer oil and gas wells to evade costs, which could result in misleading financial results and erode investor confidence.
- Gossamer Bio Study Failure: Gossamer Bio, Inc. failed to meet the primary endpoint in its clinical trial from 2025 to 2026, as patients performed well on placebo, leading to accusations that the company's prior positive statements were misleading, potentially affecting its stock price.
- Medpace Holdings Misrepresentation: Medpace Holdings, Inc. is accused of exaggerating its projected book-to-bill ratio for Q4 2025 and failing to adequately assess the impact of cancellations, which could undermine investor confidence in the company's future performance.
- Class Action Initiation: Rosen Law Firm reminds investors who purchased Pinterest securities between February 7, 2025, and February 12, 2026, to apply as lead plaintiffs by May 29, 2026, to participate in the class action without any out-of-pocket fees.
- Lawsuit Background: The lawsuit alleges that Pinterest made false and misleading statements during the class period, failing to disclose that its advertising revenues were likely to decrease due to U.S. tariffs and macroeconomic conditions, resulting in investor losses.
- Law Firm Credentials: Rosen Law Firm specializes in securities class actions and has achieved the largest settlement against a Chinese company, being ranked first in 2017 for the number of securities class action settlements, showcasing its expertise in this field.
- Investor Rights Protection: Investors are encouraged to select qualified counsel for the lawsuit, with Rosen Law Firm advising careful selection to ensure attorneys have a successful track record, maximizing potential compensation rights.
- Litigation Investigation Launched: Moore Law, PLLC is investigating Pinterest for potentially making materially false and misleading statements regarding its business operations and prospects, which may lead to shareholder losses.
- Revenue Guidance Downgrade: Pinterest's financial results announced on November 4, 2025, revealed Q4 revenue guidance with a midpoint of $1.325 billion, falling short of the $1.34 billion consensus, indicating signs of moderating ad spend.
- Significant Stock Price Drop: Following the earnings report, Pinterest's stock plummeted by $7.16, or 21.76%, to close at $25.75 per share on November 5, 2025, reflecting market concerns over the company's outlook.
- Imminent Restructuring Risk: The company's inability to effectively manage the impact of U.S. tariffs on advertising revenue suggests that Pinterest may face imminent restructuring, further exacerbating investor anxiety.

- Class Action Initiated: Bragar Eagel & Squire, P.C. announces a class action lawsuit against Pinterest for investors who purchased securities between February 7, 2025, and February 12, 2026, indicating significant legal risks that could impact the company's stock performance.
- Allegation Details: The complaint alleges that Pinterest and its executives violated federal securities laws by failing to disclose risks of declining revenues from advertising partners, which may lead to imminent restructuring, highlighting the company's shortcomings in managing macroeconomic impacts.
- Investor Rights Protection: Investors must apply by May 29, 2026, to be appointed as lead plaintiffs, emphasizing the urgency of the legal process that could influence investor decisions and confidence.
- Law Firm Background: Bragar Eagel & Squire, P.C. is a nationally recognized law firm specializing in securities and commercial litigation, indicating their capability to effectively support investors in navigating these legal challenges.
- Class Action Reminder: The Schall Law Firm is reminding investors of a class action lawsuit against Pinterest for violations of §§10(b) and 20(a) of the Securities Exchange Act, concerning securities purchased between February 7, 2025, and February 12, 2026, with a deadline to contact the firm by May 29, 2026.
- False Statements Allegation: The complaint alleges that Pinterest made false and misleading statements regarding reduced advertising revenue and downplayed the impact of tariffs on its business, leading to significant investor losses when the truth emerged.
- Loss Recovery Opportunity: Affected shareholders are encouraged to join the lawsuit to recover losses, with the Schall Law Firm specializing in securities class actions and offering free consultations to help investors understand their rights.
- Legal Proceedings Status: The class action has not yet been certified, meaning investors are not represented by an attorney until certification occurs, and those who choose not to act will remain absent class members.
- Legal Investigation: Faruq & Faruq LLP is investigating potential claims against Pinterest, particularly for investors who purchased securities between February 7, 2025, and February 12, 2026, urging them to seek lead plaintiff status in a class action by the May 29, 2026 deadline to protect their legal rights.
- Revenue Guidance Downgrade: Pinterest's Q4 revenue guidance of $1.325 billion, announced on November 4, 2025, fell short of the $1.34 billion consensus, leading to a 21.76% stock price drop the following day, highlighting the severe impact of moderating ad spend.
- Restructuring Announcement: On January 27, 2026, Pinterest revealed a global restructuring plan affecting less than 15% of its workforce, with anticipated pre-tax charges of $35 million to $45 million, aimed at supporting its strategic shift towards AI, raising further concerns about its profitability.
- Earnings Report Shortfall: In its February 12, 2026 earnings report, Pinterest reported quarterly revenue of $1.32 billion, below the $1.33 billion estimate, resulting in a 16.83% stock price decline, reflecting ongoing pressures and uncertainties in its advertising revenue streams.










