Figma raised its annual revenue forecast on Wednesday, banking on the collaborative design software provider's efforts to expand its product line-up and grow its user base. ...

Core Insights - Robinhood Markets reported a quarterly profit that nearly quadrupled, driven by increased trading volumes from retail investors amid an AI-fueled market rally [1] - The company also announced the retirement of its longtime finance chief [1] Financial Performance - The significant increase in quarterly profit indicates strong performance in the current market environment, particularly benefiting from retail investor activity [1] - The AI-driven rally has contributed to heightened trading volumes, suggesting a favorable trading atmosphere for Robinhood [1] Management Changes - The retirement of the finance chief marks a notable change in the company's leadership, which could impact future strategic decisions [1]

Lucid reported third-quarter revenue below analysts' estimates and a bigger-than-expected loss on Wednesday, despite a jump in deliveries sparked by now-expired tax credits, as the EV maker grappled w... ...

Core Insights - Arm Holdings, a chip technology provider, has issued a fiscal third-quarter forecast that exceeds Wall Street's expectations, driven by the surge in artificial intelligence computing [1] Company Summary - The fiscal third-quarter forecast from Arm Holdings indicates strong performance, attributed to the increasing demand for AI computing solutions [1]

Duolingo Inc beat Wall Street estimates for third-quarter revenue and raised its annual revenue forecast on Wednesday, as the language-learning app attracted more paying subscribers for its AI-powered... ...

Qualcomm on Wednesday forecast fiscal first-quarter sales and profit above Wall Street expectations, powered by a renewal of end-market demand in the smartphone industry. ...

Financial software maker OneStream is exploring strategic options including a possible sale, less than 18 months after its stock market debut, according to three people familiar with the matter. ...

JPMorgan CEO Jamie Dimon said on Wednesday he believes the U.S. Federal Reserve will continue to be independent, the top executive of the biggest U.S. bank told Reuters. ...

Wells Fargo CEO Charlie Scharf said on Wednesday the lender is not under pressure to make acquisitions to boost growth, after regulators lifted a seven-year penalty that gives the fourth-largest U.S. ... ...

Core Insights - Apple is planning to utilize a 1.2 trillion parameter artificial intelligence model developed by Google to enhance the Siri voice assistant [1] Group 1 - The integration of Google's AI model signifies a major overhaul for Apple's Siri, indicating a strategic shift in the company's approach to voice technology [1] - The use of a 1.2 trillion parameter model highlights the increasing complexity and capability of AI systems that companies are adopting to improve user experience [1]