Figma’s top VCs are sitting on $24 billion worth of stock after massive IPO pop
Venture capital firms have been waiting for big exits after an extended lull in IPOs. Figma's debut is returning billions.…
Economy
TikTok took the world by storm. Now, Chinese companies are taking videos further with AI
Chinese companies are capitalizing on a trove of video and gaming experience to ramp up money-making AI tools for generating…
Amazon’s gloomy earnings forecast overshadows better-than-expected results
The guidance spooked investors who are eager to see Amazon’s hefty investments in artificial intelligence pay off. ...
Nintendo doubles quarterly revenue as Switch 2 sales hit 5.8 million units
Nintendo shares have rallied roughly 40% so far this year on excitement over the firm's new Switch 2 hybrid console.…
How countries are reacting to Trump’s latest tariff announcements as deadline looms
The White House also announced a 40% tariff rate for all goods transshipped to avoid the applicable duties. ...
Divided Fed holds key interest rate steady, defying Trump’s demands for aggressive cuts
A divided Federal Reserve on Wednesday voted to keep its benchmark interest rate steady, with two top officials dissenting. ...
Meta shares climb 10% on revenue beat, raised forecast
Shares of the social media company jumped more than 10% after the company reported second-quarter earnings on Wednesday that beat…
Figma prices IPO at $33, above expected range
Software developer Figma is poised to debut on the New York Stock Exchange on Thursday, becoming the latest high-profile tech…
Meta’s Reality Labs posts $4.53 billion loss in second quarter
Meta’s Reality Labs posts $4.53 billion loss in second quarter ...