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DocuSign (DOCU) plunges almost 30% after Q3 earnings

DocuSign CEO Daniel Springer. Source: DocuSign DocuSignExtended trading saw shares drop by 30% on Thursday, after the creator of eSignature software gave a prediction for the end to the year which was below analysts’ predictions. DocuSign announced that the fourth quarter revenue would be in the range of $557 to $563 million. earnings reportThe third […]

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Google workers in U.S. won’t return to office as expected on Jan. 10

Sundar Pichai (Google CEO) speaks during the Google I/O keynote at Shoreline Amphitheatre, Mountain View, California on 5/07/2019 AFP | AFP | Getty Images GoogleAccording to an email that CNBC received Thursday, employees will not return to work on January 10, as they had been expected. Chris Rackow, the company’s security director, said in an […]

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Tesla seeks tariff waiver for graphite from China for batteries

Tesla CEO Elon Tesla attends the Tesla Shanghai Gigafactory Gigafactory Launch Ceremony in Shanghai, China. January 7, 2019, Aly Song | Reuters Tesla is one of the many auto industry companies asking for the U.S. Trade Rep to extend tariff waivers on imported parts and materials from China that are used in the manufacture or […]

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FTC sues to block Nvidia’s $40 billion acquisition of Arm

Jen-Hsun Huang was the chief executive officer and president of Nvidia Corp. at Mobile World Congress Americas, Los Angeles, California on Monday Oct. 21 2019. Getty Images| Bloomberg | Getty Images Thursday’s blockade lawsuit was brought by the Federal Trade Commission. NvidiaSoftBank purchased Arm at $40 billion for antitrust reasons. Since its announcement last year, […]

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NASA private space station contracts: Blue Origin, Nanoracks, Northrop

Concept art for a space station called “Starlab”. Nanoracks NASA granted contracts to three private companies in order to build space stations as part of its preparations for retirement. Jeff Bezos’Blue Origin Northrop GrummanThe agency announced that Nanoracks and e-commerce company Nanoracks received a total of $415.6 millions under NASA’s Commercial LEO Destinations project (CLD). […]

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SoftBank-backed Grab begins trading after completing SPAC merger

Indonesian Grab Bicycle Riders are waiting in Jakarta for their passengers Afif C. Kusuma | iStock Editorial | Getty Images Southeast Asia’s largest ride-hailing company GrabOn Thursday, the Nasdaq began trading and became the first company ever to complete a SPAC merger. After a deal was made with GRAB, the shares were opened on Thursday […]

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Apple stock falls on report of weak iPhone demand for holidays

An unidentified man is seen passing by an iPhone 13 Pro display at the Apple Krakow storefront on September 30, 2021. Jakub Porzycki | NurPhoto | Getty Images AppleFollowing a 3% drop in shares on Thursday, Bloomberg reportThe company also warned suppliers that demand for iPhones is less than anticipated this holiday season. Apple shares […]

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5 things to know before the stock market opens Thursday, Dec. 2

Investors need the following news, analysis and trends to help them start trading: 1. Wall Street rises after U.S. micron cases spark a sell-off Traders in New York City work at the New York Stock Exchange (NYSE), December 1, 2021. Brendan McDermid | Reuters Dow futures roseOver 100 points on Thursday. This is a loss […]

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Twenty years after epic bankruptcy, Enron leaves a complex legacy

An emblem glows before the Enron corporate headquarters in Houston. James Nielsen | Getty Images Enron’s Dec. 2 bankruptcy elicited a scandalous episode, almost two dozen criminal convictions, and extensive reforms from the government. Enron was a public company. an enduring symbol of corporate fraud. Experts, ex-company insiders, and other experts agree that Enron’s legacy […]