On May 29, Bank of America reiterated its Buy rating and raised its price target to $390 from $375 for MongoDB (MDB), arguing that the company’s latest results reinforce the view that MongoDB remains a “share gainer” in the next-generation database market. BofA pointed to stronger-than-expected Atlas growth, a raised FY2027 outlook, and early traction…
For years, Wall Street has poured billions into AI-focused companies on the strength of strategic promises. Now one of the most influential voices in global deal-making says the technology has moved from hype to real execution and scaling. That era of speculative betting on flashy presentations and vague roadmaps may be reaching a turning point,…
Tech billionaire Elon Musk’s SpaceX is preparing to list its shares on the US-based Nasdaq in what will be the most hotly anticipated initial public offering (IPO) in years. Here’s everything you need to know about the deal: Recommended Stories list of 4 itemsend of list What is SpaceX? Founded in 2002 by Musk, now…
That’s a phrase that gets thrown around in corporate turnaround stories so often that it has almost lost meaning: “We’re moving faster.” Most of the time, it is conference room language — something that sounds good in a press release and means very little in practice. When Intel CEO Lip-Bu Tan says it, he is…
Dollar General wants to be more than just a cheap place to buy groceries and household staples. The retailer has invested heavily in improving its stores. That’s perhaps not a direct response to a 2024 episode of “Last Week Tonight” where John Oliver highlighted the many problems in its stores, which include significant labor issues….
Wall Street is getting a lot more comfortable with higher stock prices, but Ed Yardeni is moving the goalpost in a big way. According to a Fortune report, the veteran market watcher just raised his 2026 year-end S&P 500 forecast to 8,250 from 7,700. For perspective, that’s the most bullish call among the top Wall…
There is a moment in every earnings season when a stock moves the opposite direction the headlines say it should. The release looks ugly. The wires wrap up the bad bullets. And the chart goes green anyway. That moment is the most honest thing markets do all quarter. It is the gap between what the…
Onsemi (ON) stock initially fell 5% after Q1 earnings before recovering slightly, but the reaction may have missed the bigger shift underway. AI data center power saw strong growth, margins kept rebuilding through mix and factory discipline, and automotive showed signs of healthier demand. More importantly, CEO Hassane El-Khoury delivered a clear two-word message on…
When a stock runs 68% in a matter of weeks, even the most convinced bulls start doing the math on what to do next. That appears to be exactly where Cathie Wood found herself with American multinational semiconductor company Advanced Micro Devices (AMD). That’s a name ARK Invest has held through volatile stretches and lean…
