News

Almost everything else beat expectations. Here’s the single metric flagged by Morgan Stanley that triggered the after-hours drop.

The cloud-native database specialist failed to reassure skittish investors.

In an interview with CNBC, Desai said MongoDB delivered a “very clean beat” and “very strong quarter,” with total revenue growth accelerating to 30.5%.

The database company topped revenue and profit estimates for its fiscal second quarter, but Atlas revenue grew at the same pace for a third straight quarter

Investing.com - U.S. stock index futures edged lower on Wednesday as investors contended with a global bond selloff, elevated energy prices and growing expectations that the Federal Reserve could raise interest rates later this month, putting pressure on rate-sensitive technology stocks.

The main US stock measures were trending lower in Wednesday's premarket activity amid escalating ten

MongoDB (NASDAQ:MDB) shares fell more than 14% in premarket trading on Wednesday after the database software company reported fiscal second-quarter 2027 results, with growth in its Atlas cloud database platform remaining broadly in line with recent quarters. MongoDB reported adjusted earnings per share of $1.

For the current quarter, MongoDB guided to $756 million to $761 million in revenue and $1.57 to $1.61 in adjusted earnings, a step down from the just-finished quarter.

The Dow Jones and Nasdaq 100 fell below their 50-day lines as oil prices jumped. Dell, Palo Alto and Credo were earnings movers late.

MongoDB stock slid late Tuesday, after the database software company reported fiscal second quarter results.

Investing.com -- MongoDB (NASDAQ:MDB) reported second quarter fiscal 2027 results that exceeded analyst expectations, with adjusted earnings per share of $1.90 beating the consensus estimate of $1.61, while revenue of $771.8 million surpassed the $735.16 million estimate. Revenue increased 30% YoY, marking the highest growth rate in several years.

Database platform company MongoDB (NASDAQ:MDB) reported revenue ahead of Wall Street’s expectations in Q2 CY2026, with sales up 30.5% year on year to $771.8 million. Guidance for next quarter’s revenue was better than expected at $758.5 million at the midpoint, 1.8% above analysts’ estimates. Its non-GAAP profit of $1.90 per share was 18.1% above analysts’ consensus estimates.

Running at a loss can be a red flag. Many of these businesses face mounting challenges as competition increases and funding becomes harder to secure.

Nvidia initiated, Teradyne downgraded: Wall Street's top analyst calls

Sale executed under pre-scheduled Rule 10b5-1 plan reduced his equity stake by just 1%, leaving him with $496.55 million in remaining holdings.

MongoDB, Inc. (NASDAQ:MDB) features on the list of tech stocks to sell according to billionaires, with billionaire holdings declining from around $4.23 billion in Q4 2025 to $1.99 billion in Q1 2026, a decrease of about $2.23 billion. That sell-off has come even as Wall Street has grown steadily more bullish on MongoDB, Inc. (NASDAQ:MDB). […]

A number of stocks fell in the afternoon session after a stronger-than-expected jobs report signaled that the Federal Reserve may keep interest rates higher for longer.

MongoDB (MDB) has had a "strong" start to the year, with fiscal Q1 results beating estimates across

The main US stock measures were trending lower in Thursday's premarket activity amid renewed tension

A number of stocks fell in the afternoon session after rising treasury yields and renewed Iran tensions hit the software sector.