Cathie Wood's Ark Invest purchased over 108,000 shares of Figma (FIG) through its ARK Next Generation Internet ETF (ARKW) after the design software company's stock plummeted nearly 20% following its disappointing first earnings report as a public company. The dramatic fall came after an equally spectacular rise. FIG stock more than tripled on its NYSE debut, opening at $85 and briefly touching $112 before closing at $115.50 for a 250% gain. Earlier this year, it raised $1.2 billion in its IPO, pricing sha ...

Welcome to Market Catalyst. I'm Julie Hyman. We are 30 minutes into the US trading day.Let's get to the three market catalyst we're watching this hour. First up, Oracle shares surging on its strong outlook. More on those results ahead.Plus, wholesale inflation unexpectedly declines. What does that mean for the Fed. and President Trump floats new tariffs on China and India.We'll bring you the latest on trade and much more on Market Catalysts. But first, let's get a check of the markets here because we are se ...

wondering about your view of fintech for lack of a better term because I think it's an imperfect term. Uh but it is uh kind of over represented in a lot of these companies that have been poised to come in have already come public and is it something that actually seems like you know these companies have a genuine edge uh they're solving a problem that's really out there or is it just kind of you know uh the same kind of product with a new software and interface. You know, I I actually, you know, I think tha ...

Adobe Inc ADBE looks to beat analyst estimates once again when the company reports third-quarter financial results Thursday after the market closes.Here are the earnings estimates, what experts are saying, and key items to watch.Earnings Estimates: Analysts expect Adobe to report third-quarter revenue of $5.91 billion, up from $5.41 billion in last year's third quarter, according to data from Benzinga Pro.The company has beaten analyst estimates for revenue in two straight quarters and nine of the last 10 q ...

We recently unveiled the Going Public Stage at TechCrunch Disrupt 2025 — a new destination for founders navigating the complexities of company building, from early traction to IPO and beyond. Today, we’re excited to announce new agenda additions that bring even more insight and firepower to the stage, shown only at the 20th anniversary celebration of TechCrunch. Joining the speaker lineup are Eric Yuan, founder and CEO of Zoom Communications Inc., and Santi Subotovsky, general partner at Emergence. These ...

NEW YORK (AP) — The battle among billionaires for bragging rights as the world's richest person got heated Wednesday with the surprising surge of an old contender: Larry Ellison. In a stunning few minutes after markets opened, stock in Ellison's Oracle Corp. rocketed more than a third, enough for him to temporarily wrest the title from its longtime holder Elon Musk and hand it to the software giant's co-founder. But the stock market is fickle, and Musk was back on top by the end of the day, at least acco ...

AI-linked stocks rallied Wednesday, fueled by investor optimism that artificial intelligence will power earnings growth after Oracle Corp. ORCL revealed a massive backlog of AI-related orders.Oracle shares skyrocketed more than 40% – the company’s strongest single-day rally since December 1992 – despite missing Wall Street forecasts on both revenue and earnings last quarter. Investors instead focused on the company's multi-cloud database business, which exploded 1,529% year-over-year thanks to partnerships ...

Oracle is having a record-breaking day in the stock market after delivering blockbuster guidance that has Wall Street buzzing about the opportunities in artificial intelligence https://t.co/7zQJ4CavmF ...

Adobe Inc. DBE will release earnings results for the third quarter after the closing bell on Thursday, Sept. 11.Analysts expect the San Jose, California-based company to report quarterly earnings at $5.18 per share, up from $4.65 per share in the year-ago period. Adobe projects to report quarterly revenue of $5.91 billion, compared to $5.41 billion a year earlier, according to data from Benzinga Pro.On June 12, Adobe reported second-quarter revenue of $5.87 billion, beating analyst estimates of $5.79 billio ...

want to move on to final trades. Uh Jim Leventhal, you're up first. CR, this is not well known.This is the Bside of a 45, if you will. Um, basically, it's an aggregates company, materials. They make cement, uh, gravel, that sort of stuff.It's bigger than its well-known competitors, Vulcan and Martin Marietta, but it's cheaper and I think it's got more room to run. Yeah, their investor day coming up in about two weeks as well. I'll be there.Jason Snipe, you're up next. Lot of excitement around the cloud infr ...