Palantir exceeded Wall Street expectations by reporting over $1 billion in quarterly revenue for the first time, leading to a 3% surge in shares. The company also raised its full-year revenue guidance and highlighted significant growth in both U.S. and government revenues, driven by advancements in AI and successful contract acquisitions. CEO Alex Karp emphasized a strategy to increase revenue while reducing employee numbers, though details on potential layoffs remain unclear.

Adyen reported disappointing earnings that fell short of expectations, leading to a significant drop in its stock price. Additionally, the company has lowered its revenue guidance, raising concerns among investors about future performance.

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.