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MDB News19 articles
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.
MongoDB Shares Tumble on Disappointing Forecast and Executive Shakeup
MongoDB shares fell sharply following a weaker-than-expected outlook and changes to its sales leadership, despite posting strong quarterly results.
MongoDB Shares Tumble on Disappointing Forecast and Executive Shuffle
MongoDB shares dropped over 20% in extended trading following a fiscal 2027 outlook that missed Wall Street targets and a reorganization of its sales leadership team.
Cloud ETFs Gain on Softer Inflation Data Ahead of Holiday
Cloud-focused exchange-traded funds advanced roughly 2.6% on Friday, led by the First Trust Cloud Computing ETF (SKYY), following softer U.S. inflation figures and a dip in Treasury yields. Trading resumes Tuesday after the Presidents Day holiday.
MongoDB Shares Surge on Analyst Optimism Ahead of Earnings
MongoDB stock gained over 6% as Morgan Stanley and Goldman Sachs expressed confidence in cloud demand, easing AI disruption concerns ahead of the company's March earnings report.