A number of stocks jumped in the afternoon session after confidence in the artificial intelligence market was renewed, pushing both the S&P 500 and Nasdaq to new all-time intraday highs.
A number of stocks fell in the afternoon session after markets pulled back as a report raised concerns about artificial intelligence demand and profitability.
What a fantastic six months it’s been for MongoDB. Shares of the company have skyrocketed 117%, hitting $320.00. This was partly thanks to its solid quarterly results, and the run-up might have investors contemplating their next move.
Tech stocks like Braze, MongoDB, and LightPath present opportunities in Q4 investors should be aware of. The upside is robust, and the downside limited.
The past six months have been a windfall for MongoDB’s shareholders. The company’s stock price has jumped 99.3%, hitting $325.56 per share. This was partly due to its solid quarterly results, and the run-up might have investors contemplating their next move.
As the Q2 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the data storage industry, including MongoDB (NASDAQ:MDB) and its peers.
Shares of database platform company MongoDB (NASDAQ:MDB) jumped 2.4% in the morning session after the stock extended its positive momentum as Wells Fargo initiated coverage on the company with an "Overweight" rating and a $430 price target.
Shares of database platform company MongoDB (NASDAQ:MDB) jumped 2.4% in the afternoon session after Wells Fargo initiated coverage on the company with an "Overweight" rating and a $430 price target. The bank's analyst highlighted MongoDB's key position in the expanding artificial intelligence (AI) sector and its progress in agentic coding, a method where AI agents handle coding tasks on their own. The positive view was supported by the growing use of MongoDB's database architecture by companies developing AI products. This initiation followed other positive analyst actions and came after MongoDB recently launched its AI-powered Application Modernization Platform (AMP). The platform was designed to help businesses update their old applications more quickly, which reinforced the company's focus on AI-driven solutions.
As the Q2 earnings season wraps, let’s dig into this quarter’s best and worst performers in the data storage industry, including Snowflake (NYSE:SNOW) and its peers.
Oracle Corporation (NYSE: ORCL) has defied recent market anxieties, surging to record highs in 2025, propelled by robust growth in its cloud infrastructure and strategic advancements in artificial intelligence. Far from a decline, Oracle's stock performance has been a testament to the enduring power of AI as a transformative force,
MongoDB (NASDAQ: MDB), a leading modern general-purpose database platform, ignited the financial markets this week with a stunning surge of over 30% in its stock price. The dramatic ascent, observed on August 27, 2025, was a direct consequence of the company's exceptional second-quarter fiscal year 2026 financial results and, more
Software is rapidly reducing operating expenses for businesses. This secular theme makes SaaS companies attractive investment candidates but also comes with higher valuations that make re-ratings harder.
Unfortunately, the rich prices have held them back over the past six months as the industry’s gain of 10.1% has fallen short of the S&P 500’s 16.2% rise.
Companies with more cash than debt can be financially resilient, but that doesn’t mean they’re all strong investments.
Some lack leverage because they struggle to grow or generate consistent profits, making them unattractive borrowers.
MongoDB is positioning itself as a key player in the modern data stack with new product updates and AI integrations, targeting enterprise growth. Goldman Sachs maintains a Buy rating with $370 price target.
A number of stocks fell in the afternoon session after the Federal Reserve cut its benchmark interest rate by a quarter-point, while signaling one rate cut in 2026 which was lower than expectations.
