Snowflake Inc.

Figma investors score historic coup with Adobe deal in down year

Adobe pays 2021 prices. We are in 2022. Wall Street hated this. Silicon Valley is thrilled. In a year that featured exactly zero high-tech IPOs and many more mass headlines layoffs big funding rounds, Adobe’s acquisition of Figma for $20 billion on Thursday is what some might call a narrative breach. There were no other …

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Stock futures lower following the S&P 500’s third straight losing day

European markets stagnate as global investors wait for the Fed European markets were muted on Wednesday as further hawkish comments from a US Federal Reserve the decision maker made investors hesitate. The pan-European Stoxx 600 the index was stable at the start of trading, with telecommunications losing 0.5% while household goods gained 0.2%. -Elliot Smith …

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