Pinterest improving user experience to help people ‘take more action’ on boards, new CEO Bill Ready says

Pinterest improving user experience to help people ‘take more action’ on boards, new CEO Bill Ready says


Pinterest is working on helping users take tangible actions on their mood boards and pins, new CEO Bill Ready told CNBC’s Jim Cramer on Wednesday.

“There’s a lot we can do to help them take more action on that intent, whether that action is making, or doing, or in some cases buying. There’s a variety of ways that we can do that. It may not necessarily entail even a buy button all the time,” Ready said in an interview on “Mad Money.”

“I’ve used Pinterest for designing a home, for planning birthday parties. And these are all things where you get great ideas, and you don’t want necessarily buying to be shoved in your face. But when you see something you want to take action on, you want to be able to get to the way that you’re going to do that,” he added.

Pinterest announced Tuesday that Ready, who previously led Google’s commerce business, would assume the role of chief executive with co-founder Ben Silbermann stepping down from the role. 

Silbermann, who now holds the newly created position of executive chairman, echoed his successor’s points about encouraging shopping on Pinterest.

“The company’s got a great pipeline of new products that are coming out from our investors and creators to some of the shopping things that Bill talked about. … I think that we’re in a really good position,” he said, pointing to the company’s recent acquisition of The Yes, an artificial-intelligence powered fashion shopping platform.

Pinterest beat on earnings and revenue in its first quarter, based on Refinitiv consensus estimates. While the company said it expects second-quarter revenue to increase about 11% from the year-earlier period, it cited headwinds including supply chain snarls and Russia’s invasion of Ukraine in its letter to shareholders.

Shares of Pinterest closed up 1.32% on Wednesday.

Sign up now for the CNBC Investing Club to follow Jim Cramer’s every move in the market.

Disclaimer

Questions for Cramer?
Call Cramer: 1-800-743-CNBC

Want to take a deep dive into Cramer’s world? Hit him up!
Mad Money TwitterJim Cramer Twitter – Facebook – Instagram

Questions, comments, suggestions for the “Mad Money” website? [email protected]





Source

Cereal maker WK Kellogg shares jump 50% on report of possible  billion deal with Ferrero
Business

Cereal maker WK Kellogg shares jump 50% on report of possible $3 billion deal with Ferrero

Boxes of various Kellogg’s cereals are displayed on shelves at a Walmart Supercenter on May 6, 2025 in Austin, Texas. Brandon Bell | Getty Images Shares of WK Kellogg soared more than 50% on Wednesday following a report that chocolate maker Ferrero is close to a roughly $3 billion deal to buy the cereal company. […]

Read More
Eli Manning says he’s no longer interested in buying a piece of the NFL’s Giants: ‘It’s too expensive for me’
Business

Eli Manning says he’s no longer interested in buying a piece of the NFL’s Giants: ‘It’s too expensive for me’

Former New York Giants quarterback Eli Manning is no longer interested in buying a minority stake in his old team, telling CNBC Sport Wednesday that he’s been priced out. “Basically, it’s too expensive for me,” Manning told CNBC Sport in an interview. “A 1% stake valued at $10 billion turns into a very big number.” […]

Read More
TSA plans to let travelers keep their shoes on at airport security checkpoints
Business

TSA plans to let travelers keep their shoes on at airport security checkpoints

Traveler wait in a long security line at John Wayne Airport in Santa Ana Wednesday, May 7, 2025. Allen J. Schaben | Los Angeles Times | Getty Images The Transportation Security Administration plans to let many travelers leave their shoes on at U.S. airport checkpoints, ending a roughly 20-year-old rule, according to people familiar with […]

Read More