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Figma stock rallies 13% after Q1 earnings beat as Anthropic-Trump beef becomes a major risk


Figma stock rallies 13% after Q1 earnings beat as Anthropic-Trump beef becomes a major risk

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Figma reported first-quarter revenue of $333.4 million for the quarter ended March 31, topping expectations and sending its stock up about 13%. The company warned its AI work for federal customers is tied to Anthropic’s dispute with the US government, introducing regulatory and security risk that could temper enterprise adoption and broader market impact.

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Figma (NYSE: FIG) stock climbed 13% after the company gave Wall Street a clean revenue beat for the first quarter, then added one ugly footnote: its AI work for federal customers is now tied to Anthropic’s fight with the US government. The design software company said revenue for the quarter ending March 31, reached $333.4...
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