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MongoDB, Inc.

https://www.mongodb.com

Industry

Software - Infrastructure

MongoDB, Inc. provides general purpose database platform worldwide. The company offers MongoDB Enterprise Advanced, a commercial database server for enterprise customers to run in the cloud, on-premise, or in a hybrid environment; MongoDB Atlas, a hosted multi-cloud database-as-a-service solution; and Community Server, a free-to-download version of its database, which includes the functionality that developers need to get started with MongoDB. It also provides professional services comprising consulting and training. The company was formerly known as 10gen, Inc. and changed its name to MongoDB, Inc. in August 2013. MongoDB, Inc. was incorporated in 2007 and is headquartered in New York, New York.

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The Nasdaq 100 fell 1.6% as investors turned cautious ahead of Fed Chair Powell's speech at the Jackson Hole Symposium. Strong private sector data reduced expectations for a significant rate cut, leading to a market pullback. Semiconductor stocks and major tech companies like NVIDIA, Microsoft, Tesla, and Amazon contributed to the decline.

Portfolio Pulse from Piero Cingari

August 22, 2024 | 8:41 pm

MongoDB has announced that its Atlas for Government platform now supports Google Cloud's Assured Workloads, enhancing flexibility and resilience for public sector organizations. This makes MongoDB Atlas the first multi-cloud data platform authorized at FedRAMP Moderate.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 12:03 pm

Shares of companies within the broader technology sector are trading higher amid overall market strength following softer-than-expected PPI figures.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 3:40 pm

U.S. stocks saw significant gains on Wednesday, with the Dow Jones index rising over 400 points. Shopify led the charge with a 24.6% increase after reporting better-than-expected Q2 earnings. Other notable gainers included PetIQ, Upstart Holdings, Latham Group, Lumen Technologies, Veracyte, Rayonier Advanced Materials, Angi, Inspire Medical Systems, Fortinet, Axon Enterprise, Aspen Technology, Sunrun, Dynatrace, Champion Homes, V.F. Corporation, Rapid7, Illumina, Global Payments, MongoDB, and Snowflake.

Portfolio Pulse from Avi Kapoor

August 07, 2024 | 3:05 pm

Shares of stocks in the broader tech sector are trading lower as stocks sell off amid concerns over the US economy.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 2:11 pm

Shares of companies in the broader software sector are trading lower amid an overall market selloff following weak US jobs data. Weakness in Amazon and Intel has also weighed on the tech sector.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 5:26 pm

Tech and cloud computing-related stocks are trading lower amid possible sympathy with Microsoft after the company reported Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 9:21 pm

The Nasdaq 100 index fell to its lowest level since early June, marking its worst two-day drop since September 2022. Despite positive economic indicators, a sentiment shift led to a decline in tech stocks. Alphabet Inc. (GOOGL) fell due to competition from OpenAI. The Invesco QQQ Trust (QQQ) also saw significant declines.

Portfolio Pulse from Piero Cingari

July 25, 2024 | 9:02 pm

U.S. stocks saw significant gains on Thursday, with the Dow Jones index rising over 1%. IBM led the charge with a 6.4% increase following strong quarterly earnings. Other notable gainers included Viking Therapeutics, AST SpaceMobile, Bally’s Corporation, and ServiceNow, among others.

Portfolio Pulse from Avi Kapoor

July 25, 2024 | 4:59 pm

The article discusses various market movements and economic indicators. Key points include a drop in QQQ due to speculative sentiment, a cooling AI frenzy affecting semiconductor stocks, and a stronger-than-expected Q2 GDP. The yen's rise is impacting gold, bitcoin, and oil prices. Notable stocks and ETFs mentioned include AAPL, ADI, AIQ, AMAT, AMZN, GOOG, IYW, MDB, META, MSFT, MU, NVDA, NXPI, PCG, PWR, QCOM, QQQ, SMH, SPY, TSLA, GLD, SLV, and USO.

Portfolio Pulse from The Arora Report

July 25, 2024 | 3:12 pm

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