Figma Inc. shares dropped over 13% after the company reported breakeven earnings of $249.6 million in revenue for its first post-IPO quarter, falling short of the expected 18 cents per share profit. Despite the earnings miss, Figma's revenue grew 41% year-over-year, and the company launched four new products, with expectations of continued growth in the upcoming quarters.

Klarna reported a 31% increase in active users and a 20% rise in revenue to $823 million in its second-quarter earnings, despite a growing net loss attributed to restructuring costs. The company, which paused its IPO earlier this year due to market volatility, is now preparing to move forward with the offering and has expanded its merchant partnerships, including with Walmart, Stripe, and eBay. Additionally, Klarna has received regulatory approval to operate as an electronic money institution in the UK and is rolling out a debit card for U.S. consumers.