Docusign rose more than 14% after reporting stronger-than-expected earnings after the bell Thursday.”We’ve really stabilized and I think started to turn the corner on the core business,” CEO Allan Thygesen said Friday on CNBC’s “Squawk Box.” “We’ve become much more efficient.”Here’s how the company performed in the fourth quarter FY2025 compared to LSEG estimates:Earnings per share: 86 cents vs. 85 cents expectedRevenue: $776 million vs. $761 millionThe earnings beat was boosted in part by the electronic signature service’s new artificial intelligence-enabled content called Docusign IAM, a platform for optimizing processes involving agreements.”It’s tremendously valuable,” Thygesen said. “It’s opening a treasure…
Author: usaeverydaylife
Peloton’s already industry-leading position could grow by capturing more corners of the fitness sector, according to Canaccord Genuity. The firm upgraded the fitness software and equipment stock to buy from hold in a Thursday note, and reiterated its $10 per share price target. Canaccord’s 12-month objective equates to nearly 65% upside from Peloton’s close of $6.07 on Thursday. Peloton stock has pulled back more than 32% in just the past month. PTON YTD mountain Peloton stock in 2025. Canaccord analyst Susan Anderson said Peloton has “regained its footing” in the fitness sector, and argued the company could emerge as a…
Consumer sentiment took another hit in March as worries intensified over inflation and a slumping stock market, according to the University of Michigan’s latest sentiment survey released Friday.The survey posted a mid-month reading of 57.9, which represents a 10.5% decline from February and was below the Dow Jones consensus estimate for 63.2. The reading was 27.1% below a year ago and was the lowest since November 2022. While the current conditions index fell a less severe 3.3%, the expectations measure for the future was off 15.3% on a monthly basis and 30% from the same period in 2024.In addition, fears…
Traders work on the floor of the New York Stock Exchange on March 13, 2025. NYSE After Thursday’s sell-off, the S&P 500 has joined the Nasdaq Composite in correction territory, which is typically taken to mean a decline of 10% or more from a recent high.Investors looking to distract themselves with a drink might, in fact, feel even more pain. U.S. President Donald Trump threatened to impose a 200% tariff on alcoholic products from European Union nations, in response to the latter lifting its prior suspension on levies on American whiskey.With Trump remaining adamant on tariffs despite the three-week market rout,…
Chinese battery giant Contemporary Amperex Technology (CATL), pictured here on April 2, 2020, broke ground on its first overseas factory in Germany in late 2019 and plans to add up to 2,000 jobs there by 2025.Martin Schutt | picture alliance | Getty ImagesChina’s Contemporary Amperex Technology posted a 9.7% drop in annual revenue, a stock exchange filing showed on Friday, as a price war in the mainland electric vehicle market ensnared the world’s largest battery maker.Revenue for the 12-month period ending December came in at 362 billion yuan ($50.01 billion), just under a LSEG mean estimate of 368.7 billion yuan.…
Bethany Petrik | Moment | Getty ImagesKeep your state residencyMembers of the military often move frequently, but many families save on state taxes via a special federal law, experts say.Under the Servicemembers Civil Relief Act, state income tax is based on your “state of legal residence” during active duty, regardless of where you’re stationed. If eligible, it’s possible to keep that residency through your military career.”Military members tend to have residency in states without an income tax,” such as Florida, Texas or Washington, said CFP Curtis Sheldon, who is also an enrolled agent at C.L. Sheldon and Company in Alexandria,…
Markus Söder (l-r), Chairman of the CSU and Minister President of Bavaria, Friedrich Merz, candidate for Chancellor of the CDU/CSU, Chairman of the CDU/CSU parliamentary group and Federal Chairman of the CDU, Lars Klingbeil, Chairman of the SPD parliamentary group and Federal Chairman of the SPD, and Saskia Esken, Party Chairwoman of the SPD, hold a press conference on the exploratory talks between the CDU/CSU and the SPD.Kay Nietfeld/dpa | Picture Alliance | Getty ImagesGerman Chancellor-in-waiting Friedrich Merz reached an agreement with the Greens on Friday on a massive increase in state borrowing in Europe’s largest economy, sources close to…
Emily Soriano was doing laundry this week when a friend rushed into her house with news about their yearslong quest for justice.In December 2016, gunmen stormed into a house in their poor neighborhood north of Manila and started shooting. They killed seven people, including three children and a pregnant woman. Ms. Soriano and her friend, Isabelita Espinosa, each lost a son, both teenagers.To the victims’ families, the massacre seemed senseless, like thousands of other extrajudicial killings carried out during former President Rodrigo Duterte’s so-called war on drugs. Ms. Soriano and Ms. Espinosa have long held him responsible for the deaths…
Check out the companies making headlines before the bell. Rubrik — The data management stock popped 18.5%. Rubrik beat Wall Street’s expectations, posting an adjusted loss of 18 cents per share for its fourth quarter, which was narrower than the 39 cent loss expected from analysts polled by LSEG. The company also reported $258 million in revenue, above the consensus estimate of $233 million. Chipotle Mexican Grill — The stock rose about 2% after receiving an upgrade to buy from hold at Loop Capital. The firm believes its recent pullback has created an attractive buying opportunity for investors and said…
Here are Friday’s biggest calls on Wall Street: Raymond James initiates Astera Labs as outperform The firm said it sees a compelling entry point for the AI connectivity company. “As a leading supplier of high-speed connectivity solutions, ALAB is well-positioned to benefit from the GenAI megatrend. Exponential growth in compute intensity is creating bottlenecks between chips, boards, and racks, which is necessitating high-speed interconnects in which ALAB specializes.” Truist initiates Waystar as buy Truist said shares of the healthcare payment tech company are attractive. “We are initiating coverage of Waystar (WAY) with a Buy rating and a $45.” Barclays initiates…
