Figma, software unicorn, confidentially files for an IPO despite Wall Street turbulence
Figma has confidentially filed for an IPO more than a year after a $20 billion acquisition bid by Adobe fell apart due to antitrust concerns.
Figma has confidentially filed for an IPO more than a year after a $20 billion acquisition bid by Adobe fell apart due to antitrust concerns.
The stock market is now looking at "significant upside" from current levels, said Fundstrat's Tom Lee.
"If Treasuries hit a certain level or if the Federal Reserve believed that a foreign — I won't call them an adversary — but a foreign rival were weaponizing the U.S. government bond market or attempting to destabilize it for political gain, I am sure that we would do something in conjunction with each other, but we just haven't seen that," Bessent said. "We have a big tool kit."
Steve Eisman, famous for 'The Big Short,' shares market strategies amid tariff volatility.
President Donald Trump’s tariff shock moved from the stock market to the bond market. The question now is whether it stays there.
The stock fell as much as 3% as Bloomberg reported China halted all purchases of US aircraft.
United Airlines reported it swung to a profit in the first quarter as revenue hit a record high, sending shares surging in extended trading Tuesday.
The S&P 500 slipped 0.2% on Tuesday, April 15, amid a relative lull in market-moving global trade developments.
Airline company United Airlines Holdings (NASDAQ:UAL) reported Q1 CY2025 results exceeding the market’s revenue expectations, with sales up 5.4% year on year to $13.21 billion. Its non-GAAP profit of $0.91 per share was 23.8% above analysts’ consensus estimates.
The current tariff reprieve in the tech sector is likely temporary, said Eric Compton, director of equity research for the sector at Morningstar.