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.
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.
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