PINTEREST CEO SAYS AGENTIC SHOPPING IS STILL A LONG WAY OUT

Summary from the TLDR Design newsletter

Pinterest CEO Bill Ready stated during Q2 earnings that agentic shopping, where AI agents purchase items for users, remains far off. Ready positioned Pinterest as an AI-enabled shopping assistant that proactively recommends products aligned with users' tastes and interests. Pinterest stock declined after reporting revenue of $998 million, which beat expectations, but earnings per share missed analyst forecasts.