Figma lifts annual revenue forecast as AI efforts drive solid demand

Aug 5 : Figma lifted its annual revenue forecast on Wednesday, encouraged by strong demand for its design software products, as the company's efforts to integrate AI in its tools helped attract and retain more users. Shares of the company, however, fell 10 per cent in extended trading after it kept its annual profit fo

Eli Lilly raises annual revenue forecast as GLP-1 drugs fuel growth  Reuters

Eli Lilly and Co posted better-than-expected quarterly results and raised its full-year revenue forecast on Wednesday, banking on sustained demand for its blockbuster GLP-1 weight-loss and diabetes drugs, sending its shares up 5 per cent in premarket trading.