MongoDB shares sink 23% after management trims guidance
CEO Dev Ittycheria cited slower-than-expected cloud database consumption growth during the quarter, which led MongoDB to lower its fiscal 2025 guidance.
Olive Garden parent Darden Restaurants reported weaker-than-expected earnings and revenue for its fiscal first quarter.
Our companies' performances were reflective of the S&P 500 firms in aggregate.
Adobe reported third-quarter results on Thursday that beat Wall Street expectations for sales and earnings.
Oracle is projecting higher revenue and capital expenditures as its cloud-computing arm grows.
Investor concerns around the AI boom, coupled with the market's sensitivity to the Fed's next policy move, have caused Wall...
In late 2022, Goldman Sachs began to pivot away from its consumer operations, beginning a series of write-downs related to...