MongoDB Inc
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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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Stocks making the biggest moves midday: Gap, MongoDB, Dell Technologies and more
Check out the companies making headlines in midday trading: Dell Technologies — The software stock plunged 22% after executives cautioned that its gross margins could face more pressure in 2025. Lionsgate Studios — Shares rose 1% after Citi initiated coverage of the film studio at a buy rating. The bank cited Lionsgate’s decision to spin […]
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Stocks making the biggest moves premarket: Dell Technologies, Ulta Beauty, Ambarella, Gap and more
Check out the companies making headlines in premarket trading. Dell Technologies — Stock in the personal computer and technology company slid more than 16% after executives warned about further margin pressure ahead. The company posted a first-quarter earnings beat on the top and bottom line but forecast that its gross margin will pull back roughly […]
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Stock futures inch lower as investors review earnings, brace for inflation report: Live updates
Traders work on the floor of the New York Stock exchange during morning trading on May 17, 2024. Michael M. Santiago | Getty Images U.S. stock futures ticked lower Friday as investors reviewed a flurry of corporate earnings ahead of a key inflation report. Wall Street was also headed for a losing week after what […]
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MongoDB shares sink 23% after management trims guidance
MongoDB CEO Dev Ittycheria. Scott Mlyn | CNBC MongoDB stock sank as much as 25% in extended trading on Thursday after the database software maker issued light guidance for the quarter and reduced its forecast for the full fiscal year. Here is how the company did, compared to the LSEG consensus: Earnings per share: 51 […]
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Stocks making the biggest moves after hours: Dell Technologies, MongoDB, Zscaler, Gap and more
Check out the companies making headlines in extended trading. Zscaler — Shares surged nearly 15% after Zscaler topped third-quarter expectations on the top and bottom lines. The cloud security company posted adjusted quarterly earnings of 88 cents per share on revenue of $553 million. Analysts polled by LSEG had expected per-share earnings of 66 cents […]
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