Revenue growth reaches multi-year high and full-year guidance is raised across the board, but MongoDB (MDB.US) plunges 14% after hours: Atlas growth falls short of "invisible expectations," prompting profit-taking

Revenue growth reaches multi-year high and full-year guidance is raised across the board, but MongoDB (MDB.US) plunges 14% after hours: Atlas growth falls short of "invisible expectations," prompting profit-taking

智通财经2026/09/02 00:11

Show original

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

智通财经APP has learned that after the U.S. stock market closed on Tuesday, document database company MongoDB (MDB.US) announced its financial results for the second quarter of fiscal year 2027, ending July 31. Despite achieving the highest revenue growth rate in years and simultaneously raising its full-year guidance, MongoDB shares still plunged in after-hours trading. The decline was due to the growth of the Atlas cloud database business falling short of some investors' loftier expectations, and the stock had already surged significantly in the prior month, leaving little room for market tolerance.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

The US dollar edged higher against the Japanese yen, currently standing above 160.20. Bank of Japan Governor Kazuo Ueda stated that accommodative monetary conditions remain, and further rate hikes are expected, with markets already well-prepared for a possible hike in September. As a result, the USD/JPY briefly fell from 160.20 to around 160.10 in early trading, but renewed conflict between the US and Iran pushed oil prices higher, exacerbating inflation concerns and triggering a global bond se

智通财经•2026/09/02 00:31

Spot platinum has just surpassed the $1,730.00/oz mark, last quoted at $1,729.36/oz, down 0.78% on the day; Nymex platinum futures main contract last quoted at $1,737.8/oz, down 1.62% on the day.

智通财经•2026/09/02 00:31

Nvidia (NVDA.US) is reportedly set to finalize a deal this week to acquire Hugging Face for nearly $14 billion.

智通财经•2026/09/02 00:26

MongoDB shares dropped nearly 14% in after-hours trading, while optical communication stock Credo fell more than 10%, both following their latest earnings releases; Hewlett Packard Enterprise rose over 4% and Super Micro Computer gained nearly 2%, driven by Dell’s strong financial report.

智通财经•2026/09/02 00:21