Why Is FIGURE TECHNOLOGY SO Class A (FIGR) Stock Up Today?
By the Top Tier Newswire AI Desk · September 3, 2026 at 10:36 AM ET · reviewed against 3 wire stories
FIGURE TECHNOLOGY SO Class A (FIGR) is up +8.74% in the latest session. Our newswire has captured 3 stories on FIGR across 3 sources in the last 36 hours, with AI sentiment reading bullish (avg 61/100).
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Why FIGR stock is up today
FIGR stock rose 8.74% to $36.09 on Thursday, driven primarily by a major multi-year partnership between Figure Technology and Nscale. The deal involves Nscale supplying up to 100,000 Nvidia Vera Rubin GPUs to Figure, with an initial $3.5 billion commitment. This development has positioned the company for significant AI robotics compute expansion through 2027.
What Happened
Nscale and Figure announced a partnership to scale AI robotics compute using Nvidia-powered cloud infrastructure. The agreement includes a multi-year commitment to deploy up to 100,000 high-performance GPUs, with the first phase valued at $3.5 billion. The deal is expected to support Figure's long-term growth in AI and robotics capabilities. Separately, Figure's CFO sold 8,000 shares under a pre-arranged Rule 10b5-1 trading plan, but the company also completed the acquisition of Kiavi, a blockchain-native capital marketplace, earlier in the week.
Retail traders on social platforms highlighted the partnership as a major catalyst, with one noting the scale of the GPU deployment and the initial Barstow, Texas commitment. Meanwhile, broader market sentiment was mixed, with the Nasdaq 100 declining due to inflation concerns and rising rate-hike expectations.
What The Data Shows
The stock opened at $33.31 and climbed to a session high of $36.11 at 10:30 AM ET before closing near the high at $35.90. Volume stood at 0.9 million shares, or 0.2 times the 3-month daily average. The stock has declined 15.0% over the past eight sessions, from $38.64 to $32.85. Recent insider activity has been bearish, with seven sales totaling $2.5 million reported in the last 90 days. The stock also printed one fresh 52-week low and 11 fresh 52-week highs on September 3.
What To Watch
Figure Technology has no scheduled earnings report in the immediate future. Investors may want to monitor the breadth of coverage and any follow-up analyst commentary on the Nscale partnership and Kiavi acquisition.
AI-assisted analysis composed exclusively from headlines and data on the Top Tier newswire. Public view is delayed 4 hours from real time. Not financial advice.
FIGR · Sep 3 session (5-min) · +9.22% vs prior close · updated 8:53 PM ETAI sentiment, last 36h · averaged over 3 stories · 61/100 bullish
The headlines behind the move
Story flow · 2 stories on the wire, last 36h · hover or tap a dot for the headline
9d agoSeeking AlphaBULLISH 73Product/PR
Nscale inks multi-year deal with Figure to provide cloud compute powered by Nvidia GPUs
Nscale signs $3.5B deal to supply Figure up to 100,000 Nvidia Vera Rubin GPUs, scaling AI robotics compute through 2027—read the key details now.
10d agoThe Motley FoolNEUTRAL 48General
Figure Technology CFO Sells 8,000 Shares
Minchung Kgil executed a pre-arranged sale under a Rule 10b5-1 trading plan, retaining 483,651 shares worth ~$19 million.
12d agoGlobeNewswireBULLISH 62M&A
Figure Completes Acquisition of Kiavi
NEW YORK, Sept. 01, 2026 (GLOBE NEWSWIRE) -- Figure Technology Solutions (Nasdaq: FIGR; OPEN: FGRS), the leading blockchain-native capital marketplace for the origination, funding, sale and trading of tokenized assets, today announced the successful completion of its previously announced acquisition of Kiavi – the #1 Residential Transition Loan (“RTL”) lender – to bolster its blockchain-native marketplace.
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