"Figma's IPO was a major success, pricing at $33 per share and climbing to $109, giving it a $44 billion market cap and creating new billionaires."
"Zillow forecasts a cooling housing market with U.S. home prices projected to drop by 1% between June 2025 and June 2026, and 2% for the year."
"Nissan faced a significant loss of $782 million in the recent quarter, but plans to achieve profitability with aggressive cost-cutting measures."
"The stock market is reacting quickly to changes, as seen by Figma's record IPO surge and Zillow's conflicting housing market outlook."
This week featured notable business activities affecting industries across the board. Figma had a highly successful IPO, pricing at $33 per share and reaching $109 soon after, resulting in a $44 billion market capitalization. Zillow provided a forecast of a cooling housing market, predicting a 1% decline in U.S. home prices between June 2025 and June 2026. Nissan reported a $782 million loss in the last quarter but is planning aggressive cost-cutting to return to profitability while facing a turbulent automotive market.
Read at Fast Company
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