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-0.00231213872832379 -0.00164161849710983 0.00670134874759151 0.00539499036608852 0.00867052023121379 0.00269749518304419 -0.0100192678227361 0.0173603082851637
Stock impact report

Wall Street points to signs the AI scare sell-off is overblown [Yahoo! Finance Canada]

Figma, Inc. Class A (FIG) 
Last figma, inc. class a earnings: 11/9 08:00 am Check Earnings Report
US:NYSE Investor Relations: shareholders.fortress.com
Wall Street analysts and executives in sectors hard-hit by sell-offs are pushing back against the "AI scare." As stocks sank on fears that AI will shrink margins and disrupt business models from software to logistics, insiders are arguing that AI integration will benefit rather than detract from their businesses. Figma ( FIG ) stock rose 6% on Thursday, reversing a 30% year-to-date decline after the cloud-based design software company noted a record number of new customers in 2025, with accelerating revenue and product development. Figma, Inc. (FIG) "Our growth and momentum show that our strategy is working," Figma CEO Dylan Field said during the company's earnings call. "As AI gets better, Figma gets better." The company reported that Figma Make, its AI-powered tool for creating web apps and interfaces using natural language rather than traditional code, saw weekly active users rise more than 70% quarter over quarter, while attracting new audiences and use cases. The sel Show less Read more
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