DocuSign, the e-signature company, has issued its outlook for the current quarter and raised its outlook for the fiscal year. Fourth Quarter Revenue Forecast For the fourth quarter ending January 31, DocuSign forecasts revenue between $696 million and $700 million. This exceeds analysts' expectations of $694 million in revenue. Additionally, billings for the current quarter are … [Read more...] about DocuSign Raises Outlook for Fiscal Year
Forex News
Lululemon Athletica Inc. Announces Lower-Than-Expected Holiday-Quarter Figures
Lululemon Athletica Inc. released its financial results for the third quarter and shared its expectations for the upcoming holiday quarter. Despite the challenges posed by an uncertain economy, the athletic-apparel company demonstrated its ability to navigate through these conditions successfully. Third Quarter Performance During the third quarter of 2022, Lululemon earned $249 … [Read more...] about Lululemon Athletica Inc. Announces Lower-Than-Expected Holiday-Quarter Figures
Finnish Transport Workers’ Union Joins Strike Against Tesla
The Finnish Transport Workers' Union has announced that it will be participating in a strike against Tesla, joining other Nordic unions in the effort. Starting on December 20, Finnish dockworkers who are part of the AKT union will be initiating a blockade of Tesla vehicles at all ports in the country. This means that no Tesla cars or components intended for the Swedish market … [Read more...] about Finnish Transport Workers’ Union Joins Strike Against Tesla
Gold Futures Head Lower as U.S. Jobs Data Boosts Treasury Yields
Gold futures are experiencing a downward trend as better-than-expected U.S. jobs data strengthens U.S. Treasury yields and the dollar. This has dampened investor interest in gold and is setting prices on track for their first weekly loss in a month. Weekly Loss in Gold Prices Gold for December delivery (GC00, -1.32% GCG24, -1.32%) has fallen by $22.90, or 1.1%, bringing the … [Read more...] about Gold Futures Head Lower as U.S. Jobs Data Boosts Treasury Yields
Technology Stocks Rise on Mixed Jobs Data
Technology companies saw an increase in their stock prices as the latest jobs data created speculation that the Federal Reserve may begin cutting interest rates. The Labor Department reported that employers added 199,000 jobs last month, a slower rate compared to earlier in the year but consistent with pre-pandemic levels. After excluding the impact of autoworker strikes, the … [Read more...] about Technology Stocks Rise on Mixed Jobs Data
