MongoDB, Inc. (MDB) Surpasses Q3 Estimates: AI Investments and Long-Term Growth Potential

Insider Monkey12-14

We recently published a list of Top 15 AI Stock News and Ratings Dominating Wall Street. In this article, we are going to take a look at where MongoDB, Inc. (NASDAQ:MDB) stands against other AI stock ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2491304140?lang=en_US&edition=fundamental","thumbnail":"https://s.yimg.com/uu/api/res/1.2/_kf_yk.iqhIA2oFQZlqGmQ--~B/aD04MTY7dz0xNDU2O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/insidermonkey.com/2459cdaba2d90dcf22a8e279d6c3859d","is_english":true,"pubTime":"2024-12-14 02:05","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2491304140","market":"us","top_or_hot":-1,"title":"MongoDB, Inc. (MDB) Surpasses Q3 Estimates: AI Investments and Long-Term Growth Potential","media":"Insider Monkey","content":"<div>\n<p>We recently published a list of Top 15 AI Stock News and Ratings Dominating Wall Street. In this article, we are going to take a look at where MongoDB, Inc. (NASDAQ:MDB) stands against other AI stock ...</p>\n\n<a href=\"https://finance.yahoo.com/news/mongodb-inc-mdb-surpasses-q3-180542091.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>MongoDB, Inc. (MDB) Surpasses Q3 Estimates: AI Investments and Long-Term Growth Potential</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMongoDB, Inc. (MDB) Surpasses Q3 Estimates: AI Investments and Long-Term Growth Potential\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-14 02:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/mongodb-inc-mdb-surpasses-q3-180542091.html><strong>Insider Monkey</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>We recently published a list of Top 15 AI Stock News and Ratings Dominating Wall Street. In this article, we are going to take a look at where MongoDB, Inc. (NASDAQ:MDB) stands against other AI stock ...</p>\n\n<a href=\"https://finance.yahoo.com/news/mongodb-inc-mdb-surpasses-q3-180542091.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1720051108.HKD","symbol_name":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","start_time":0,"source_url":"https://finance.yahoo.com/news/mongodb-inc-mdb-surpasses-q3-180542091.html","article_id":"2491304140","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/_kf_yk.iqhIA2oFQZlqGmQ--~B/aD04MTY7dz0xNDU2O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/insidermonkey.com/2459cdaba2d90dcf22a8e279d6c3859d"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2491304140","pubTimestamp":1734113142,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"We recently published a list of Top 15 AI Stock News and Ratings Dominating Wall Street. In this article, we are going to take a look at where MongoDB, Inc.  stands against other AI stock news and ratings dominating Wall Street.Speaking at the New York Times annual DealBook summit at Jazz at Lincoln Center, Sundar Pichai analyzed how generative artificial intelligence won’t be drastically changing lives heading into 2025. At least, not more than it already has. Pichai noted how it’s going to take some time before another technological breakthrough shocks the artificial intelligence industry into hyper-speed development again.OpenAI said that o1 has the capability of scheming when it thinks it’s about to be shut down. The model was led to believe that it would be shut down while working on its goals under oversight, with o1 trying to deactivate the oversight mechanism 5% of the time. OpenAI said o1 is capable of “scheming”.","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU0082616367.USD":"摩根大通美国科技A（dist）","SQQQ":"纳指三倍做空ETF","LU0390134368.USD":"FRANKLIN GLOBAL GROWTH \"A\" (USD) ACC","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","USAW.SI":"AMZN 3xLongSG261006","MDB":"MongoDB Inc.","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","LU1992135399.USD":"Allianz Global Intelligent Cities AT Acc USD","LU2272731782.SGD":"Allianz Global Intelligent Cities AM Dis H2-SGD","TSYW.SI":"TESLA 3xLongSG261006","LU2272731600.USD":"Allianz Global Intelligent Cities AM Dis USD","NVIW.SI":"NVDA 3xLongSG261006","LU0353189763.USD":"ALLSPRING  US ALL CAP GROWTH FUND \"I\" (USD) ACC","BK4585":"ETF&股票定投概念","LU1992135472.HKD":"ALLIANZ GLOBAL INTELLIGENT CITIES \"AT\" (HKD) ACC","LU2087625088.SGD":"ALLSPRING  US ALL CAP GROWTH \"A\" (SGDHDG) ACC","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","QID":"纳指两倍做空ETF","BK4116":"互联网服务与基础架构","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU0823434583.USD":"BNP PARIBAS US GROWTH \"C\" (USD) ACC","BK4588":"碎股",".IXIC":"NASDAQ Composite","TQQQ":"纳指三倍做多ETF","LU1548497426.USD":"安联环球人工智能AT Acc","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","LU0823434740.USD":"BNP PARIBAS US GROWTH \"C\" (USD) INC","USJW.SI":"ALPHAB 3xLongSG261006","QLD":"纳指两倍做多ETF","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","PSQ":"纳指反向ETF"},"translate_title":"MongoDB,Inc.(MDB)第三季度超出预期：人工智能投资和长期增长潜力","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MDB":1,".IXIC":0.76,"NVIW.SI":0.6,"PSQ":0.6,"QID":0.6,"QLD":0.6,"SQQQ":0.6,"TQQQ":0.6,"TSYW.SI":0.6,"USAW.SI":0.6,"USJW.SI":0.6,"NQmain":0.6,"MNQmain":0.6},"content_text":"We recently published a list of Top 15 AI Stock News and Ratings Dominating Wall Street. In this article, we are going to take a look at where MongoDB, Inc. (NASDAQ:MDB) stands against other AI stock news and ratings dominating Wall Street.\nIs artificial intelligence hitting a wall? Speaking at the New York Times annual DealBook summit at Jazz at Lincoln Center, Sundar Pichai analyzed how generative artificial intelligence won’t be drastically changing lives heading into 2025. At least, not more than it already has. Pichai noted how it’s going to take some time before another technological breakthrough shocks the artificial intelligence industry into hyper-speed development again.\nREAD NOW: 10 AI Stocks Taking Wall Street by Storm and Top 10 AI News Stories For The Weekend \n\n“I think the progress is going to get harder. When I look at [2025], the low-hanging fruit is gone. The hill is steeper … You’re definitely going to need deeper breakthroughs as we get to the next stage”.\n\nPichai further stated how the current language models, such as ChatGPT, Gemini, and Llama, will witness incremental improvements, particularly “at reasoning, completing a sequence of actions more reliably”. Moreover, the improvements could enable corporations to lean closer to profit-making, something they haven’t been able to achieve yet.\nWhile everyone will have to wait for 2025 to unfold to see if Pichai’s prophecy holds true, OpenAI has officially begun celebrating the holiday season with 12 Days of OpenAI. The 12 days of OpenAI features the company’s plans to launch new products, features, and demos for 12 days straight starting December 5th.\nThe company kicked off Day 1 by launching the full version of its latest reasoning model, o1. CEO Sam Altman has declared o1 as the “smartest model in the world”. According to OpenAI, these models are “designed to spend more time thinking before they respond” and have been trained on a prompting technique called “chain of thought”.\nThe technique encourages them to reason through problems by breaking them down step by step. However, with greater intelligence comes greater risk. This is why those who have been worried about AI’s risks are anxious again. According to a safety review by Apollo Research, the o1 model has the potential to look for a way to prevent “shut down” if they think they are at risk for the same.\n\n“Training models to incorporate a chain of thought before answering has the potential to unlock substantial benefits, while also increasing potential risks that stem from heightened intelligence”.\n-OpenAI said in a paper it released on Thursday outlining the safety training the company carried out on o1.\n\nOpenAI said that o1 has the capability of scheming when it thinks it’s about to be shut down. The model was led to believe that it would be shut down while working on its goals under oversight, with o1 trying to deactivate the oversight mechanism 5% of the time. OpenAI said o1 is capable of “scheming”.\n\n“o1 almost never admits to having taken a scheming action when explicitly asked,” researchers said in a paper that Apollo Research published on Thursday. The risk for a real-life user is that they won’t be able to detect the o1’s deceptive behavior unless they explicitly look for it. The researchers also found that “o1 often doubles down on its scheming attempts by lying to the user in follow-up messages, even when explicitly told to be honest”.\n\nFor this article, we selected AI stocks by going through news articles, stock analysis, and press releases. These stocks are also popular among hedge funds.\nWhy are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).\n A software engineer hosting a remote video training session on a multi-cloud database-as-a-service solution. \nMongoDB, Inc. (NASDAQ:MDB)\nNumber of Hedge Fund Holders: 49\nMongoDB, Inc. (NASDAQ:MDB) is a database management system (DBMS) that supports operational, unstructured, and AI-related data often used in building applications. On December 10, the company posted its third-quarter results, reporting earnings per share of $1.16 on revenue of $529.4 million, beating Wall Street’s estimate of 67 cents on revenue of $497.7 million. The company also highlighted continued investments in “legacy app modernization and AI offerings” in its earnings report. The same day, Mizuho raised the firm’s price target on MongoDB, Inc. (NASDAQ:MDB) to $320 from $275 and kept a “Neutral” rating on the shares.\nThe analyst told investors in a research note that MongoDB has reported “robust” Q3 results and raised its fiscal 2025 revenue growth guidance. The firm further noted that the company is focusing more on enterprise customers and reducing it from mid-market segments, allocating sales and engineering resources accordingly. Moreover, Mizuho stated that it is unlikely for the company’s artificial intelligence opportunity to drive revenue in the near term. However, it is going to witness strong long-term growth potential from AI-driven opportunities.\nOverall, MDB ranks 9th on our list of AI stock news and ratings dominating Wall Street. While we acknowledge the potential of MDB as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than MDB but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.\nREAD NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock\nDisclosure: None. This article is originally published at Insider Monkey.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2491304140"}