Movement Alert｜Figma Rises 5.35% in Regular Trading, AI Application Software Stocks Rally Broadly at Market Open

Market Focus07-24

On July 24, Figma rose 5.35% in regular trading, trading at approximately $21.07/share, with turnover of $55.72 million. The stock rebounded sharply from a 5.17% decline in the prior session.

On the news front, AI application software stocks collectively surged at market open, with sector leader SAP climbing 7%, ServiceNow rising over 5%, and Salesforce and Adobe gaining over 2%. The broad-based rally reflects renewed investor confidence in the AI software space following a selloff triggered earlier in the week by OpenAI's launch of its Presence enterprise AI agent platform, which had pressured traditional software names.

Supporting the sector's recovery, Citibank's recent software industry outlook report raised its AI industry total revenue forecast for the period through 2030 from $2.8 trillion to $3.3 trillion, noting that enterprise AI budgets are concentrating among platform-type companies with strong data infrastructure and AI enablement capabilities. Figma currently carries an average analyst rating of overweight with a mean price target of $33.13. The company's next earnings report is scheduled for August 5 after market close.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1118451132?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-07-24 21:52","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1118451132","market":"us","top_or_hot":-1,"title":"Movement Alert｜Figma Rises 5.35% in Regular Trading, AI Application Software Stocks Rally Broadly at Market Open","media":"Market Focus","content":"<p><p>On July 24, Figma rose 5.35% in regular trading, trading at approximately $21.07/share, with turnover of $55.72 million. The stock rebounded sharply from a 5.17% decline in the prior session.</p><p>On the news front, AI application software stocks collectively surged at market open, with sector leader SAP climbing 7%, ServiceNow rising over 5%, and Salesforce and Adobe gaining over 2%. The broad-based rally reflects renewed investor confidence in the AI software space following a selloff triggered earlier in the week by OpenAI's launch of its Presence enterprise AI agent platform, which had pressured traditional software names.</p><p>Supporting the sector's recovery, Citibank's recent software industry outlook report raised its AI industry total revenue forecast for the period through 2030 from $2.8 trillion to $3.3 trillion, noting that enterprise AI budgets are concentrating among platform-type companies with strong data infrastructure and AI enablement capabilities. Figma currently carries an average analyst rating of overweight with a mean price target of $33.13. The company's next earnings report is scheduled for August 5 after market close.</p><p>(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)</p></p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Movement Alert｜Figma Rises 5.35% in Regular Trading, AI Application Software Stocks Rally Broadly at Market Open</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMovement Alert｜Figma Rises 5.35% in Regular Trading, AI Application Software Stocks Rally Broadly at Market Open\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1054767329\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Market Focus </p>\n<p class=\"h-time\">2026-07-24 21:52</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><p>On July 24, Figma rose 5.35% in regular trading, trading at approximately $21.07/share, with turnover of $55.72 million. The stock rebounded sharply from a 5.17% decline in the prior session.</p><p>On the news front, AI application software stocks collectively surged at market open, with sector leader SAP climbing 7%, ServiceNow rising over 5%, and Salesforce and Adobe gaining over 2%. The broad-based rally reflects renewed investor confidence in the AI software space following a selloff triggered earlier in the week by OpenAI's launch of its Presence enterprise AI agent platform, which had pressured traditional software names.</p><p>Supporting the sector's recovery, Citibank's recent software industry outlook report raised its AI industry total revenue forecast for the period through 2030 from $2.8 trillion to $3.3 trillion, noting that enterprise AI budgets are concentrating among platform-type companies with strong data infrastructure and AI enablement capabilities. Figma currently carries an average analyst rating of overweight with a mean price target of $33.13. The company's next earnings report is scheduled for August 5 after market close.</p><p>(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)</p></p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FIG","symbol_name":"Simplify Macro Strategy ETF","start_time":0,"source_url":"","article_id":"1118451132","we_media_id":"1054767329","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1118451132","pubTimestamp":1784901141,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Market Focus","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1054767329","head_image":"https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a"},"summary":"On July 24, Figma rose 5.35% in regular trading, trading at approximately $21.07/share, with turnover of $55.72 million. The stock rebounded sharply from a 5.17% decline in the prior session.On the...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"FIG":"Simplify Macro Strategy ETF"},"translate_title":"走势提醒|Figma常规交易上涨5.35%，人工智能应用软件股开盘普涨","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FIG":1},"content_text":"On July 24, Figma rose 5.35% in regular trading, trading at approximately $21.07/share, with turnover of $55.72 million. The stock rebounded sharply from a 5.17% decline in the prior session.On the news front, AI application software stocks collectively surged at market open, with sector leader SAP climbing 7%, ServiceNow rising over 5%, and Salesforce and Adobe gaining over 2%. The broad-based rally reflects renewed investor confidence in the AI software space following a selloff triggered earlier in the week by OpenAI's launch of its Presence enterprise AI agent platform, which had pressured traditional software names.Supporting the sector's recovery, Citibank's recent software industry outlook report raised its AI industry total revenue forecast for the period through 2030 from $2.8 trillion to $3.3 trillion, noting that enterprise AI budgets are concentrating among platform-type companies with strong data infrastructure and AI enablement capabilities. Figma currently carries an average analyst rating of overweight with a mean price target of $33.13. The company's next earnings report is scheduled for August 5 after market close.(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.46.0","shortVersion":"4.46.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1118451132","isCrawlerRequest":true}