Retailers could be in for a jolly jump in holiday sales despite headwinds like the U.S.-China trade war and threat of another economic slowdown.Retailread more
After a series of setbacks on the road to an initial public offering, the parent company of real estate start-up WeWork is delaying the move, sources told CNBC Monday.Technologyread more
Apple isn't trying to blow our minds with groundbreaking new features on the iPhone 11, but is making lots of little improvements each year, this year focusing on cameras and...Technologyread more
Saudi Arabia's defense spending is the world's third-largest — behind the U.S. and China, says Gary Grappo, former U.S. ambassador to Oman.Energyread more
Chinese officials are expected to be in Washington this week to hold consultations with the U.S. ahead of high-level trade talks in October.World Economyread more
The ballot comes at a precarious time for the country's longest serving prime minister, with the right-wing incumbent facing formidable challenges.World Politicsread more
Iran will never hold talks with America, the country's Supreme Leader Ayatollah Ali Khamenei said on state television Tuesday morning.Politicsread more
Energy stocks are on fire Monday. Five experts weigh in on what this could mean.Trading Nationread more
President Donald Trump said Monday he's in no rush to respond to a coordinated attack that hit Saudi Arabia's oil industry over the weekend.Marketsread more
The price of oil could go sharply higher, depending on the duration of the disruption at Saudi oil facilities and whether there is a military response.Powering the Futureread more
Energy stocks, one of the worst-performing sectors this year, spiked Monday after an attack on Saudi Arabia's heart of oil production Saturday sent oil prices soaring.Marketsread more
Electronic signature company DocuSign saw its stock jump as much as 10 percent on Thursday after it reported strong results in its first earnings statement as a public company.
Here's how the company did:
The company said in a statement that revenue was up 37 percent year over year in the first quarter of its 2019 fiscal year, which ended on April 30. Most of the company's revenue comes from subscriptions, and that category was up 39 percent year to year.
DocuSign beat expectations on guidance.
For its fiscal second quarter, the company expects $157-160 million in revenue for that period, above the $151.5 million analyst consensus, according to Thomson Reuters.
And for the entire 2019 fiscal year, DocuSign thinks it will post $652-658 million in revenue, well above the FactSet analyst consensus of $627.6 million, according to Thomson Reuters.
The company added 30,000 customers in the fiscal first quarter and now has more than 400,000 of them. CEO Dan Springer told analysts on a conference call on Thursday he expects to "continue to see the share of revenue internationally grow faster than domestically."
DocuSign is one of several tech companies that have gone public in recent months, including Dropbox and Zuora. The stock debuted on the Nasdaq in April.