Figma has reported a remarkable 38% year-over-year increase in revenue for Q3, reaching $274.2 million, surpassing estimates of $265.2 million. The company's adjusted operating margin also improved significantly to 12%, compared to the expected 6.5%. This strong performance not only highlights Figma's growth trajectory but also sets a positive tone for the upcoming quarter, as the company forecasts Q4 revenue to exceed expectations. Such results are crucial as they reflect Figma's increasing market presence and the growing demand for its design tools.

DoorDash has reported a 27% year-over-year increase in revenue for Q3, reaching $3.45 billion, surpassing estimates. However, despite the growth in total orders, which rose by 21% to 776 million, the company's stock, DASH, plummeted over 18% in after-hours trading. This drop raises concerns among investors about the sustainability of DoorDash's growth and its market performance, highlighting the volatility often seen in tech stocks.

Qualcomm has reported a strong Q4 performance, with revenue rising 10% to $11.27 billion, surpassing estimates of $10.79 billion. Handset revenue also saw a significant increase of 14%, reaching $6.96 billion. This positive trend is crucial as it indicates robust demand for Qualcomm's products and sets a promising outlook for the upcoming quarter, with forecasts suggesting revenue will exceed expectations. Such growth not only reflects the company's resilience in a competitive market but also boosts investor confidence.

Snap Inc. has reported a 10% year-over-year increase in revenue for Q3, reaching $1.51 billion, surpassing estimates of $1.49 billion. Daily Active Users (DAUs) also rose by 8%, totaling 477 million, slightly above the expected 476 million. Following this positive news, Snap's stock surged over 23% in after-hours trading. This growth is significant as it reflects the company's ability to attract and retain users while improving its financial performance, which could bolster investor confidence and support future initiatives.

Robinhood Markets Inc. has reported a third-quarter profit that exceeded Wall Street's expectations, but the company's cryptocurrency revenue has missed estimates. This is significant as it highlights the challenges Robinhood faces in the volatile crypto market, especially with the departure of its CFO in the first quarter, which could impact future strategies.

Pinterest's shares plummeted by 20% after the company announced that its Q4 revenue forecast fell short of expectations. This decline is attributed to a downturn in advertising revenue, as retailers struggle with the impact of tariffs. This news is significant as it highlights the challenges that digital advertising platforms face in a fluctuating economic environment, particularly when external factors like tariffs affect their clients' spending.

Shares of Asian AI-linked companies have dropped significantly, following a similar trend in the US market. Investors are expressing concerns over high valuations, leading to a notable decline in stocks like SoftBank, which fell over 13%, and Advantest, which dropped more than 8%.

Pinterest reported a 17% year-over-year increase in Q3 revenue, reaching $1.05 billion, and saw monthly active users rise to 600 million. However, the company forecasted Q4 revenue below expectations, leading to a significant drop of over 17% in after-hours trading.