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Figma reports Q3 revenue up 43% YoY to $391.4M, above est., gross margin of 80%, below 81% est., and lifts its 2026 revenue outlook; FIG drops 6%+ after hours (Deborah Mary Sophia/Reuters)

2 days 4 hours ago

Deborah Mary Sophia / Reuters:
Figma reports Q3 revenue up 43% YoY to $391.4M, above est., gross margin of 80%, below 81% est., and lifts its 2026 revenue outlook; FIG drops 6%+ after hours  —  Figma (FIG.N) is leaning on cashing in on its AI features through credits and using its first-party model to power tasks …

Trust in influencers grows more important in predicting buying intentions over time, analysis finds

2 days 4 hours ago
A meta-analysis of empirical studies involving more than 31,000 participants has revealed the factors that affect the level of influence of so-called social media influencers. Those factors include credibility, expertise, attractiveness and perceived similarity to their followers. They are, the work shows, positively associated with the attitude of consumers toward the brands mentioned or promoted by those influencers and, in turn, their purchasing intentions. Details of the analysis are published in the International Journal of Internet Marketing and Advertising.

Democratic Sweep, Markets Rally & AI Stocks Slide

2 days 4 hours ago
The Close brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Morgan Stanley Wealth Management Executive Director, Head of Policy & Geopolitical Strategy Monica Guerra, American Action Forum President Douglas Holtz-Eakin, Baird Senior Equity Research Analyst Michael Ha, JC2 Ventures Founder & CEO John Chambers, Scotts Miracle-Gro President & CEO Nate Baxter, Cantor Fitzgerald Asset Management Chief Market Strategist Eric Johnston, CFRA Research Senior VP & Equity Analyst Angelo Zino, 248 Ventures Chief Investment Strategist Lindsey Bell, Future Standard CEO Edwin Conway, & Host Hotels & Resorts CEO & President Jim Risoleo. (Source: Bloomberg)