Figma reports Q3 revenue up 43% YoY
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
TL;DRFigma beat revenue expectations but missed margin targets, yet raised 2026 outlook.
Why it matters: Shows AI monetization is working, but profitability concerns persist as the company scales.
Meta acquires AI coding startup Conductor
TL;DRMeta bought an AI startup that lets engineers deploy multiple coding agents at once.
OpenAI is already trying to shape the 2028 election
TL;DROpenAI executive pushing AI influence in 2028 election while pursuing company interests.
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