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Stock impact report

MongoDB Earnings Lift The Stock [Forbes]

MongoDB, Inc. - Class A (MDB) 
Last mongodb, inc. - class a earnings: 3/17 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.mongodb.com/investor-relations
Company Research Source: Forbes
On Monday, MongoDB (MDB) dismantled that narrative. This morning, the stock surged nearly following an outstanding Q3 earnings report that not only exceeded expectations but also fundamentally redefined the company's role within the AI ecosystem. With Atlas revenue advancing at a rate of 30% growth and customers flocking to its latest “Vector Search” functions, MongoDB established that it is not a relic of the past. It serves as the Memory Layer for the AI transformation. For now, set aside the “Earnings Beat” excitement and focus on the underlying reality. Rather than merely a database entity, you are acquiring the only platform that enables AI to “retain” what it has just learned. The Narrative Shift: From “Legacy” to “AI Essential” The market thrives on binary results. The Old Narrative: “Developers are fond of PostgreSQL (an open-source relational database). It's free, it has plugins like pgvector , and it suffices for AI.” The New Narrative: “Good enough simply isn't Show less Read more
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