Welcome to our dedicated page for MongoDB news (Ticker: $MDB), a resource for investors and traders seeking the latest updates and insights on MongoDB stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect MongoDB's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of MongoDB's position in the market.
Rhea-AI Summary
MongoDB, Inc. (MDB) will report its Q4 and full-year fiscal year 2024 financial results on March 7, 2024. A conference call will be held to discuss the results and business outlook.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.26%
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Rhea-AI Summary
MongoDB, Inc. (NASDAQ: MDB) announced its founding membership in the U.S. Artificial Intelligence Safety Institute Consortium (AISIC) to develop standards for the responsible use of AI. The consortium, established by NIST under the U.S. Department of Commerce, aims to create safe and trustworthy AI by defining a new measurement science and promoting the development and responsible use of AI. MongoDB will provide expertise in various fields, including multi-cloud software systems, AI technologies, encryption techniques, and cybersecurity. The consortium, with over 200 member organizations, will work with industry, civil society, academia, and like-minded nations to set AI safety standards globally.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.88%
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Rhea-AI Summary
MongoDB, Inc. (NASDAQ: MDB) announced that its COO and CFO, Michael Gordon, and SVP of Finance, Serge Tanjga, will present at the Needham Growth Conference on January 16, 2024, at 10:15 a.m. Eastern Time. The presentation will be available via live webcast on the MongoDB investor relations website, with a replay available for a limited time.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.81%
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Rhea-AI Summary
Ann Lewnes, former Adobe and Intel executive, joins MongoDB, Inc. (NASDAQ: MDB) Board of Directors, bringing marketing and corporate strategy expertise from high-growth technology companies. With decades of experience, Lewnes' appointment is expected to help differentiate MongoDB's developer data platform and drive innovation in the era of generative AI.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.66%
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Rhea-AI Summary
MongoDB, Inc. (NASDAQ: MDB) reported a total revenue of $432.9 million for the third quarter of fiscal 2024, showing a 30% year-over-year increase. The company also saw strong customer growth with over 46,400 customers as of October 31, 2023. MongoDB Atlas revenue was up 36% year-over-year, accounting for 66% of the total Q3 revenue. The gross profit was $325.9 million, representing a 75% gross margin. However, the company reported a loss from operations of $45.2 million for the quarter.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.66%
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News
Rhea-AI Summary
MongoDB, Inc. (NASDAQ: MDB) announces the general availability of MongoDB Atlas Vector Search and MongoDB Atlas Search Nodes to simplify building, deploying, and scaling next-generation applications. The new capabilities allow organizations to bring generative AI and relevance-based search into real-time applications for highly engaging and customized end-user experiences using operational data. Customers can integrate AI-powered capabilities into applications with MongoDB Atlas Vector Search and isolate and scale generative AI and search workloads on MongoDB Atlas using Search Nodes. AT&T Cybersecurity and Pathfinder Labs are among the customers building and scaling next-generation applications using these capabilities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.81%
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Rhea-AI Summary
MongoDB, Inc. (NASDAQ: MDB) announced that its COO and CFO, Michael Gordon, and SVP of Finance, Serge Tanjga, will present at the Barclays Global Technology Conference in San Francisco, CA on December 7, 2023. The presentation will be available via live webcast on the MongoDB investor relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.69%
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Rhea-AI Summary
MongoDB, Inc. (NASDAQ: MDB) announces integration of MongoDB Atlas Vector Search with Amazon Bedrock at AWS re:Invent 2023. The integration aims to facilitate the development of next-generation applications on Amazon Web Services, leveraging generative AI and semantic search capabilities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.51%
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Rhea-AI Summary
MongoDB, Inc. (MDB) to Report Q3 FY 2024 Financial Results on December 5, 2023, Hosting Conference Call to Discuss Business Outlook
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.17%
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Rhea-AI Summary
MongoDB and Amazon Web Services (AWS) are collaborating to optimize Amazon CodeWhisperer, an AI-powered coding companion, for application development and modernization on MongoDB. CodeWhisperer generates code suggestions based on natural-language comments or existing code in developers' IDEs. The collaboration aims to provide enhanced suggestions that reflect best practices, allowing developers to ideate more quickly and accelerate application development. CodeWhisperer has been trained on billions of lines of code and now offers a unique experience for developers building on MongoDB.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.82%
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MongoDB, Inc.
Nasdaq:MDB
MDB Rankings
MDB Stock Data
26.63B
70.32M
3.4%
92.85%
5.16%
Software Publishers
Information
United States of America
NEW YORK
About MDB
mongodb is the next-generation database that helps businesses transform their industries by harnessing the power of data. the world’s most sophisticated organizations, from cutting-edge startups to the largest companies, use mongodb to create applications never before possible at a fraction of the cost of legacy databases. mongodb is the fastest-growing database ecosystem, with over 9 million downloads, thousands of customers, and over 1,000 technology and service partners. learn more at www.mongodb.com.