Pinnacle Private Lending Trusted by ENJ

08/03/2025

After opening for trade just before 2 p.m. ET on Thursday at $85 per share, Figma was trading above $109 with about 30 minutes to go in Thursday's trading session, rising more than 230% from where the design and collaboration software firm priced its initial public offering at $33 per share.

At the opening of trading on Thursday, the company was worth more than $45 billion. Shares were halted for trade within moments due to volatility.

More: https://finance.yahoo.com/news/figma-stock-soars-230-in-first-day-of-trading-valuing-company-north-of-40-billion-132215034.html

08/03/2025

Meta's stock jumped 12% at the start of trading on Thursday after its second quarter earnings outperformed expectations and the company offered a better-than-expected outlook for Q3.

The Facebook parent said Wednesday it anticipates between $47.5 billion and $50.5 billion in third quarter revenue, well ahead of the $46.2 billion Wall Street was calling for.

More: yhoo.it/3UrMt6d

08/03/2025

The latest reading of the Federal Reserve's preferred inflation gauge showed price increases accelerated in June as inflation remained above the Fed's 2% target.

More: yhoo.it/4l2Nv35

08/03/2025

Apple will report its third quarter earnings after the bell on Thursday. While the company's Q3 is generally its least interesting owing to the release of a next-generation iPhone in the coming quarter, this go-around is slightly different.

And outside of its immediate Google problem, Apple is also facing pressure from Wall Street to address its AI shortfalls.

More: yhoo.it/4lgBwPS

08/03/2025

Facebook parent Meta outperformed expectations in the June quarter and offered a better-than-expected outlook for Q3 as investors search for clarity on the company's superintelligence and AI strategy.

The stock was up as much as 12% in premarket trading on Thursday as a result.

More: yhoo.it/44TMk1h

08/03/2025

Microsoft stock climbed 7% after hours on Wednesday after the tech giant posted strong earnings and cloud strength.

More: yhoo.it/44TMk1h

08/03/2025

The reading comes after a large surge in imports ahead of President Trump's tariff whipsaw caused GDP to contract by 0.5% in the first quarter.

More: yhoo.it/4of142f

08/03/2025

On Wednesday, data from ADP showed private payrolls grew by 104,000 in July, above the 75,000 expected by economists and well above above the 23,000 job cuts seen in June.

The data also showed June's job cuts were revised lower to 23,000 from an initially reported 33,000.

More: yhoo.it/3Hbff7Q

08/03/2025

The US stock market has not only survived one of the most hectic starts to a trading year on record — it's thriving.

But compared to the rest of the world? It's lagging.

More: yhoo.it/45pAvjA

08/03/2025

View today's current mortgage rates with our national average index, calculated daily to bring you the most accurate data when purchasing or refinancing your home. Follow our daily market analysis with Mortgage Rate Watch and we'll tell you where and why rates are moving.

08/03/2025