MongoDB Inc
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. […]
Read More
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 […]
Read More
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 […]
Read More
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 […]
Read More
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 […]
Read More
Top Wall Street analysts are confident about the potential behind these 3 stocks
The stock market is in a rough patch as of late while investors grapple with macro pressures, upcoming elections and geopolitical tensions. However, investors and their portfolios can hold up in the tumult – if they’re able to ignore the short-term noise and choose stocks with attractive return prospects over the long term. In this […]
Read More
Adobe shares surge 15%, head for sharpest rally since 2020
Adobe CEO Shantanu Narayen speaks during an interview with CNBC on the floor at the New York Stock Exchange on Feb. 20, 2024. Brendan Mcdermid | Reuters Adobe shares surged 15% on Friday, the biggest gain since March 2020, after the software maker reported earnings and revenue that beat analysts’ estimates. After the bell on […]
Read More
Databricks acquires data optimization startup Tabular in fresh challenge to Snowflake
Ali Ghodsi, co-founder and CEO of Databricks, speaks at the company’s Spark and AI Summit in San Francisco in April 2019. Databricks Data analytics software maker Databricks said in a statement on Tuesday that it’s acquiring Tabular, a startup that helps optimize data stored in the cloud. The gesture could help Databricks more quickly bring […]
Read More
Stocks generating the biggest moves midday: GameStop, Paramount, Spotify, Krispy Kreme and a lot more
Check out the corporations producing headlines in midday trading: GameStop — The meme inventory jumped much more than 25% in risky buying and selling amid speculation that Keith Gill, the male who motivated 2021′s epic short squeeze, could have a enormous placement in the movie recreation retailer. Gill, who goes by DeepF——Price on Reddit, reappeared […]
Read More
Software stocks got pummeled this week after a cluster of troubling earnings reports
Salesforce executives told investors that deals are shrinking or getting delayed. Dell said its margin is getting smaller. Okta highlighted macroeconomic challenges. And Veeva’s CEO said on his company’s earnings call that generative artificial intelligence has been “a competing priority” for customers. Add it all up and it was a brutal week for software and […]
Read More