MongoDB Inc
MongoDB shares sink after company issues weak guidance
Dev Ittycheria, CEO of MongoDB Adam Jeffery | CNBC MongoDB shares sank 16% in extended trading on Wednesday after the database software maker issued disappointing guidance. Here’s how the company did in comparison with LSEG consensus: Earnings per share: $1.28 adjusted vs. 66 cents expected Revenue: $548.4 million vs. $519.6 million expected Revenue increased about […]
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Stocks making the biggest moves after hours: Marvell Technology, MongoDB, Zscaler and more
Check out the companies making headlines in after-hours trading: Marvell Technology — Shares of the semiconductor solutions provider plunged about 13%. In the fiscal fourth quarter, Marvell reported adjusted earnings of 60 cents per share on revenue of $1.82 billion, while analysts polled by LSEG forecast earnings of 59 cents per share on revenue of […]
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Top Wall Street analysts believe in the long-term prospects of these stocks
Pavlo Gonchar | Lightrocket | Getty Images Amid concerns over elevated valuations in the U.S. stock market, there are several stocks that continue to look attractive based on the future growth potential they promise. To pick such stocks, investors can track the recommendations of Wall Street experts, who perform in-depth analysis to offer useful insights […]
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Stocks making the biggest moves midday: Alphabet, SiriusXM, MongoDB, Alaska Air Group and more
Check out the companies making headlines in midday trading. Alphabet — The online search giant operator launched its latest quantum chip, called Willow. Alphabet said this marks a major breakthrough in the field of quantum computing, leading shares 4% higher. Quantum computing is considered as the next frontier for many tech companies. Oracle — Shares […]
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Stocks making the biggest moves premarket: Oracle, Alaska Air, MongoDB, HealthEquity and more
Check out the companies making headlines before the bell. Oracle — The database software company slid roughly 7% after posting fiscal second-quarter earnings and revenue that lagged analysts’ estimates. Oracle also issued guidance for the current quarter, calling for revenue growth of 7% to 9% and adjusted earnings of $1.50 to $1.54 per share, saying […]
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Stocks making the biggest moves after hours: Oracle, C3.ai, Vail Resorts, Planet Labs and more
Check out the companies making headlines in extended trading. Oracle — Stock in the computer technology company slipped 5% after Oracle slightly missed fiscal second-quarter earnings estimates. The firm reported adjusted earnings of $1.47 per share, while analysts polled by LSEG were looking for $1.48 a share. Oracle’s revenue of $14.1 billion matched analyst estimates. […]
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Stocks making the biggest moves midday: Intel, Elastic NV, MongoDB and more
Check out the companies making headlines in midday trading. Intel – The chipmaker jumped 8.5% on news that Intel is working with bankers to explore options to address weaknesses in its core business. Elastic NV – The stock plunged more than 27% after its fiscal second quarter revenue forecast missed Wall Street’s expectations. The artificial […]
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Stock futures are slightly higher as traders brace for key inflation report: Live updates
A trader works on the floor of the New York Stock Exchange in New York, US, on Friday, Aug. 23, 2024. Bloomberg | Bloomberg | Getty Images Stock futures ticked higher Thursday night as investors prepared for a crucial inflation reading that’s closely watched by the Federal Reserve. Futures tied to the Dow Jones Industrial […]
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MongoDB shares surge 12% on guidance boost
Dev Ittycheria, CEO, MongoDB. Scott Mlyn | CNBC MongoDB shares jumped as much as 16% in extended trading on Thursday after the database software maker reported healthy fiscal second-quarter earnings and pushed up full-year guidance. Here’s how the company did against LSEG consensus: Earnings per share: 70 cents adjusted vs. 49 cents expected Revenue: $478.1 […]
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Stocks making the biggest moves after hours: Ulta Beauty, Dell, Lululemon, MongoDB and more
Check out the companies making headlines in after-hours trading. Ulta Beauty — The beauty products retailer saw its shares fall nearly 7% after missing top and bottom line expectations in the second quarter . Ulta’s earnings came out at $5.30 per share, while analysts polled by LSEG expected $5.46 per share. Revenue was of $2.55 […]
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