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MDB News30 articles
Small Caps Outperform as Tech Rally Loses Steam
Small-cap shares outperformed the broader market on Wednesday, while technology stocks faded. Oil prices and Treasury yields remained elevated, and investors awaited key jobs data.
Small Caps Outperform as Oil Steadies Near $91; Tech Lags
Small-cap stocks outpaced the broader market on September 2 as crude oil hovered near $91 and Treasury yields stabilized. Dell, Nvidia, and GitLab jumped on earnings, while MongoDB and Credo slumped.
Small Caps Surge as Cyclicals Outperform; Materials, Financials Lead
Small-cap stocks outpaced the broader market Wednesday as materials and financials rallied, while technology lagged. ADP jobs data missed estimates, and oil prices climbed above $90.
Small Caps Lead as ADP Report Signals Cooling Labor Market
Small-cap stocks outperformed the Nasdaq on Wednesday after ADP data showed sluggish private hiring in August. IWM rose 0.65% while QQQ slipped 0.22%.
Stock Futures Slip as ADP Payrolls Miss; Oil Steadies Near $90
U.S. stock futures slipped after ADP private payrolls rose 38,000 in August, missing forecasts. Oil held near $90, while Treasury yields eased. GitLab surged, MongoDB dropped.
S&P Futures Edge Higher as Oil Retreats Below $90 Ahead of ADP Data
S&P futures edged up as oil slipped under $90, with investors awaiting ADP payrolls. GitLab jumped 20.9% post-earnings, MongoDB fell 12.5%.
Nasdaq Futures Slip as Oil Holds Above $90, Yields Remain Elevated
Nasdaq-100 futures dropped 0.5% early Wednesday as oil prices held near $90 and Treasury yields stayed elevated, pressuring growth stocks ahead of ADP data.
Tech Futures Slide as Oil Above $90 Heightens Rate Jitters
Nasdaq futures fell 0.57% as oil above $90 and a 10-year yield near 4.82% tightened financial conditions, pressuring tech shares. Dell and GitLab gained on earnings, MongoDB fell.
Tech Futures Slide as Treasury Yields Reach 4.8%
Nasdaq-100 futures fell 0.54% as the 10-year Treasury yield held near 4.8%, overshadowing strong earnings from GitLab and Dell. MongoDB dropped 13.9% despite raising its outlook.
Tech Futures Dip as Oil Holds Above $90, Rate Concerns Persist
Nasdaq-100 futures fell 0.19% as oil above $90 and Treasury yields near 4.8% kept rate risk in focus. Dell jumped 10% on record revenue; MongoDB dropped 14%.
Dell Surges on AI Sales, MongoDB Slumps as Futures Stay Flat
Dell Technologies surged 6.5% after reporting strong AI server demand, while MongoDB dropped 13.7% on soft guidance. Stock futures were little changed as oil and bond yields pressured markets.
Dell Soars 7% After Hours on AI Guidance; MongoDB Tumbles 13%
Dell shares surged 7.2% after hours on raised AI server outlook, while MongoDB dropped 12.5% despite strong results, as tech stocks diverged.
Dell Surges on AI Server Demand; MongoDB Slides Despite Strong Growth
Dell surged 8.7% after record AI server orders, while MongoDB dropped 12% despite strong growth. Tech stocks were mixed as oil prices and Treasury yields rose.
MongoDB Shares Sink 12.5% Despite Strong Q2 and Raised Outlook
MongoDB shares dropped 12.5% after hours even as the company beat Q2 estimates and raised guidance, with investors focusing on a sequential revenue slowdown and rich valuation.
Palantir Plummets 8.7% in Three Days, Losing $29B in Market Cap Ahead of CPI Data
Palantir shares dropped 8.7% in three sessions, losing $29 billion in market cap, as the stock closed at $126.79 ahead of key CPI data.
ServiceNow Slides as AI Software Rally Faces Fresh Doubts
ServiceNow shares dropped nearly 6% as software stocks broadly declined, challenging the sector's AI-fueled rebound. Despite strong Q1 earnings and bullish analyst calls, concerns over valuation and deal delays persist.
Market Movers: Micron Surges on AI, Preferred Bank Undervalued
US stock futures edged higher Tuesday amid robust global manufacturing data, while Micron Technology reported a 196% surge in Q2 revenue driven by AI demand.
Wall Street Hits Records; Dell's AI Revenue Surge Sparks After-Hours Rally
The S&P 500, Nasdaq, and Dow all closed at record highs Thursday. Dell surged 39% after hours on boosted AI-server revenue outlook, while PCE inflation hit 3.8% and GDP growth was revised lower.
MongoDB Stock Surges on Cloud Growth, Raised Annual Forecast
MongoDB shares surged 21.9% after hours as fiscal Q1 revenue beat estimates and Atlas cloud growth topped 29%, prompting a raised full-year outlook.
S&P 500 and Nasdaq Rise as Dow Slips on Inflation Data and Ceasefire Hopes
The Dow slipped 0.08% Thursday, lagging the S&P 500 and Nasdaq, which rose on U.S.-Iran ceasefire hopes. Core PCE inflation hit 3.3%, and GDP growth was revised down to 1.6%.
Wall Street Mixed as Tech, Healthcare Lift S&P 500 and Nasdaq to Fresh Records
The S&P 500 and Nasdaq extended their record runs, driven by tech and healthcare stocks, as reports of a potential U.S.-Iran ceasefire lifted sentiment. The Dow edged lower, and inflation data remained elevated.
Palantir Shares Surge 5.7% as AI Optimism Returns, but Valuation Concerns Linger
Palantir shares jumped 5.7% to $140.10 as investors returned to AI stocks, but analysts caution the lofty price demands flawless execution.
AI Optimism Offsets Inflation Concerns; S&P 500 Edges Higher
S&P 500 and Nasdaq rose Thursday as AI-related earnings boosted sentiment, offsetting higher inflation and geopolitical risks. The Dow slipped.
Wall Street Eyes PCE Data After Dow's Record Close
The Dow hit a record high ahead of a holiday-shortened week, with all eyes on Thursday's PCE inflation report. Oil prices slid on progress in Iran negotiations.
Snowflake Shares Surge on Datadog Lift, AI Revenue Test Looms
Snowflake shares rose 10% to $153.21 after Datadog's raised forecast sparked a software rally. The stock is still down 35% YTD, with AI-driven demand key ahead of May 27 earnings.
MongoDB Shares Tumble on Weak Outlook, Analysts Cut Targets
MongoDB shares fell sharply following a quarterly report that beat earnings but offered a weaker-than-expected forecast, prompting several analyst target cuts.
Oil Spike, Rate Fears Drive Sharp Selloff; Target Gains on Earnings
Major U.S. equity indices fell sharply Tuesday, pressured by a surge in oil prices and rising Treasury yields that dampened expectations for near-term Federal Reserve rate cuts. Retailer Target posted gains following its quarterly report.
MongoDB Plunges on Soft Guidance and Sales Leadership Overhaul
MongoDB shares tumbled over 21% following a cautious first-quarter outlook and management shifts in its sales organization. Analyst firm Baird downgraded the stock, citing concerns over Atlas growth.
MongoDB Shares Plunge on Weak Guidance Despite Q4 Beat
MongoDB shares plummeted more than 27% in premarket action Tuesday as the company's first-quarter outlook fell short of expectations, overshadowing a fourth-quarter earnings beat. The database software firm also announced the impending departure of its president of field operations.
MongoDB Shares Tumble on Weak Guidance Despite Q4 Beat
MongoDB shares plummeted more than 27% in premarket action Tuesday as the company's first-quarter outlook fell short of Wall Street expectations, despite posting a beat for its fiscal fourth quarter.