Why Is Figma Stock Plunging Thursday?

Figma Inc. (NYSE:FIG) shares plunged nearly 19% Thursday following the release of its second-quarter results after Wednesday’s market close. The company posted revenue of $249.64 million, significantly surpassing the consensus estimate of $228.2 million. This...

Chagee’s Aggressive Expansion Appears To Be Paying Off

The premium tea chain’s revenue rose 10.5% in the second quarter, as it entered the U.S. with its first store in Los Angeles Premium tea chain operator Chagee Holdings Ltd. (NASDAQ:CHA) reported double-digit revenue and GMV growth in the second quarter, as it...