Jane Street discloses a 5% stake in SanDisk

Sam Blackshear, creator of the Move programming language and CTO of Sui Network, announced he will depart from Mysten Labs — the core development team behind Sui — to join Anthropic, where he will focus on defensive security research. The Move Foundation is currently in preparation, and Blackshear stated he looks forward to continuing his involvement in it in all possible capacities. Evan Cheng, CEO of Mysten Labs, will take over leading the technical vision for both Mysten Labs and the Sui ecosystem.

SK Hynix hit a 30% decline limit at the opening of pre-market trading on Nextrade Thursday. According to Nextrade data, at 8 a.m. local time, 11 shares changed hands at 1.168 million won apiece. The chipmaker’s stock later recouped most of its losses, finishing pre-market trading down roughly 2%. Nextrade, an alternative trading system (ATS) operated in South Korea separate from the Korea Exchange (KRX), is also referred to as NXT. NXT adopts a continuous auction mechanism for pre-market trading: orders are executed immediately if the bid price exceeds the ask price. It remains subject to South Korea’s stock price fluctuation limits, with upper and lower bounds still based on the previous trading day’s KRX closing price, set at a range of approximately 30%.

According to Bitget market data, South Korea’s KOSPI index has extended its decline to 3%, with SK Hynix falling 7% and Samsung Electronics dropping nearly 3%.

Figma reported its latest second-quarter fiscal 2026 results: revenue hit $370.1 million, up 48% year-over-year, exceeding the company’s prior Q2 guidance range. Year-over-year revenue growth is set to accelerate in the third quarter. GAAP gross profit stood at $309.6 million, with a GAAP gross margin of 84%. Non-GAAP gross profit came in at $314 million, for a non-GAAP gross margin of 85%. Year-over-year growth in both GAAP and non-GAAP gross profit accelerated to 40%. GAAP operating loss totaled $117.3 million, with a GAAP operating margin of -32%. Non-GAAP operating income was $36.1 million, with a non-GAAP operating margin of 10%. Both GAAP and non-GAAP operating results were impacted by Figma’s increased sales and marketing investments related to its annual user conference, Config. Operating activities generated net cash of $60.9 million, delivering an operating cash flow margin of 16%. Free cash flow reached $53.2 million, for a free cash flow margin of 14%. According to market data from BIT (bit.com), Figma’s U.S. shares dropped 15.56% in after-hours trading, and were trading at $23.83 during the extended session.

Former X product lead Nikita Bier announced today he will step down from his product leadership role to serve as an advisor. During his tenure, X delivered unprecedented growth in new users and user engagement, with monthly records consistently broken; over the past year, its App Store ranking rose by 70 positions. Over the last 400 days, the product team has rebuilt nearly every core aspect of X, including features such as timelines, the Android app, user onboarding, notifications, and chat, while rolling out nearly 30 new products.

According to Bitget market data, the Nikkei 225 opened lower, touching 66,000 points, down 0.60%. South Korea’s KOSPI index opened lower, hitting 6,600 points, with an intraday drop of 1.81%. SK Hynix fell nearly 5%, while Samsung Electronics declined 2%.