Breaking News: Technology
Figma’s top VCs are sitting on $24 billion worth of stock after massive IPO pop
Figma Inc. signage during the company’s initial public offering (IPO) at the New York Stock Exchange (NYSE) in New York, US, on Thursday, July 31, 2025. Michael Nagle | Bloomberg | Getty Images You can almost smell the bubbly wafting across Silicon Valley. Following Figma’s blockbuster market debut on Thursday, four of the most iconic […]
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Amazon’s cloud business records 18% growth in second quarter
Amazon Web Services CEO Matt Garman speaks at the AWS re:Invent conference in Las Vegas on Dec. 4, 2024. Noah Berger | Reuters Amazon’s cloud group grew recorded revenue growth of 18% in the second quarter, slightly ahead of analysts’ estimates. Amazon Web Services continues to lead the cloud infrastructure market, but is facing intensifying […]
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Coinbase shares tumble as second-quarter revenue disappoints
Coinbase shares fell Thursday as second-quarter revenue came in shy of analysts’ estimates. Gains in the cryptocurrency exchange’s subscription revenue failed to offset weaker trading volumes during the quarter. In the quarter ended June 30, Coinbase net income rose to $1.43 billion, or $5.14 per share, from $36.13 million, or 14 cents per share, a […]
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Figma more than triples in NYSE debut after selling shares at $33
Figma celebrates its initial public offering at the New York Stock Exchange on July 31, 2025. NYSE Figma‘s stock more than tripled in its New York Stock Exchange debut on Thursday, a day after the design software company sold shares at $33 in its initial public offering. The big opening pop is the latest indication […]
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Reddit shares jump more than 10% on second-quarter sales and guidance beat
Reddit CEO Steve Huffman hugs mascot Snoo as Reddit begins trading on the New York Stock Exchange on March 21, 2024. Timothy A. Clary | AFP | Getty Images Reddit shares jumped more than 10% after the company reported second-quarter earnings on Thursday that beat on sales and guidance. Here’s how the company did compared […]
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Roblox stock soars 10% after revenue beat, strong user growth
Thiago Prudêncio | Sopa Images | Lightrocket | Getty Images Roblox stock soared 10% on Thursday after the company reported second-quarter revenue that beat expectations amid strong user growth. The gaming platform saw $1.44 billion in net bookings, up 51% over the year prior. Analysts polled by LSEG expected $1.24 billion in net bookings for […]
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Apple reports third-quarter earnings after the bell
Apple CEO Tim Cook attends the world premiere of “F1” at Times Square in New York on June 16, 2025. Angela Weiss | AFP | Getty Images Apple reports fiscal third-quarter earnings on Thursday after the bell. The June quarter is typically Apple’s slowest of the year by sales, ahead of new device launches in […]
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Amazon earnings primer: Why AI and tariffs are key to the second quarter
Amazon CEO Andy Jassy attends the Allen & Company Sun Valley Conference in Sun Valley, Idaho, on July 9, 2025. Kevin Dietsch | Getty Images Amazon will report second-quarter results after the market close Thursday. Here’s what analysts surveyed by LSEG are expecting: Earnings per share: $1.33 Revenue: $162.1 billion Wall Street is also looking […]
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Arm stock tumbles on chip designer’s muted profit forecast
The logo of semiconductor design firm Arm on a chip. Jakub Porzycki | Nurphoto | Getty Images Shares of Arm Holdings plunged 12% on Thursday after the chip designer offered muted guidance for earnings. Second-quarter adjusted earnings will be between 29 cents and 37 cents per share, Arm said late Wednesday. Wall Street had projected […]
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Microsoft ends tradition of naming competitors in regulatory filings
Microsoft CEO Satya Nadella leaves after attending a meeting with Indonesian President Joko Widodo at the Presidential Palace in Jakarta, Indonesia, on April 30, 2024. Willy Kurniawan | Reuters Microsoft has abandoned a decades-long tradition of calling out the names of its rivals in regulatory documents. When the 50-year-old technology company released its annual report […]
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