Tag: mount; shares
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Figma’s upbeat outlook fails to stem margin worries as AI costs mount; shares slump
Aug 5 : Figma on Wednesday reported a sharp rise in costs and a decline in profit margins as the design software company ramps up AI investments, triggering a 16 per cent slump in its shares in after-hours trading, despite a rosy annual revenue forecast. The company left its full-year operating income forecas
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