Anthropic’s New AI Design Tool Triggers Stock Sell-Off in Figma, Adobe & Wix
Figma fell after news Anthropic will launch AI tool to build websites and presentations. Adobe, Wix, GoDaddy also dropped.
Figma fell after news Anthropic will launch AI tool to build websites and presentations. Adobe, Wix, GoDaddy also dropped.
Software stocks (IGV) dropped 4.3% after Amazon revealed it’s building AI agents to automate sales, cybersecurity and networking jobs.
Figma blew past Wall Street forecasts with strong Q4 2025 sales and gave huge guidance for 2026. Shares are surging.
Adobe surpasses Q4 estimates with $6.19B revenue and projects FY2026 revenue up to $26.1B, driven by strong AI tool adoption and double-digit ARR growth targets.
Figma's first public earnings report for Q2 2025 shows revenue beat expectations, but stock plunges after profit came in below estimates and amidst AI monetization concerns.