CEO Dev Ittycheria cited slower-than-expected cloud database consumption growth during the quarter, which led MongoDB to lower its fiscal 2025 guidance.
Schlagwort-Archiv: CNBC
Dell shares fall despite growing AI server business
Dell reported first-quarter earnings on Thursday that beat analysts‘ estimates for earnings and sales.
Ulta Beauty CEO outlines plans to boost sales after first-quarter slowdown, shares jump 11%
Ulta Beauty has been a strong performer for retailers as they face a consumer pullback in light of persistently higher costs.
Gap shares pop 20% as earnings beat on sales growth at all four brands
Gap has been in the midst of a turnaround under CEO Richard Dickson, who has focused on better marketing and storytelling for the company’s portfolio of brands.
Hiring stays strong for low earners, Vanguard finds
Labor demand for lower earners has been resilient while it has waned for higher-paying jobs, according to a new analysis.
37% of Americans paid a late fee in the last 12 months, report finds
More than one-third of Americans have recently fallen behind on a bill, including credit cards, utilities or rent, according to NerdWallet. Here’s what to do.
Kohl’s stock plummets 25% after massive earnings miss
Kohl’s shares plummeted more than 25% in early trading Thursday after the company posted weaker-than-expected earnings.
Fintech targeted by climate skeptics banks $37 million from likes of UBS, Commerzbank
Swedish climate fintech Doconomy told CNBC it’s raised $36.9 million in a Series B round co-led by the venture arms of UBS and CommerzBank.
BlackRock-backed fintech Trustly says IPO still at least one year out even as profits jump 51%
Johan Tjarnberg, CEO of Trustly, told CNBC his firm still needs time to prove the value of its open banking tech to investors before going public.
Kohl’s stock plummets 25% after massive earnings miss
Kohl’s shares plummeted more than 25% in early trading Thursday after the company posted weaker-than-expected earnings.