Pinterest Inc (PINS.N) and Snap Inc (SNAP.N) both saw their shares fall roughly 18% on Friday after the two social media companies’ quarterly reports alarmed investors concerned about sluggish digital ad spending. Their poor earnings late Thursday contrasted with excellent results earlier this week from digital advertising heavyweights Alphabet Inc (GOOGL.O) and Meta Platforms Inc … Continue reading Pinterest and Snap are down 18% as forecasts disappoint investors