MongoDB shares jump more than 20% after database company beats expectations and raises guidance
MongoDB flagged continued scrutiny over technology spending, but acquired more clients than analysts had expected during the quarter ending April 30.
Microsoft, Alphabet, Meta and Tesla have a combined $275 billion cash pile.
Younger adults especially are throwing themed picnics, booking DJs and planning vacations that run into the thousands of dollars.
Higher asset prices are considered signs of a good economy. But for many people, they are hurting more than helping.
Companies are trying to cut their exposure, but their methods can be flawed.
The bank had some of the same problems of the banks that failed in 2023.
Nasdaq’s gains accelerated Friday while energy stocks edged lower amid earnings reports from Exxon and Chevron.