With the addition of Torpey, the MDB Capital Board now comprises eight members. Torpey brings over 24 years of experience at Ernst & Young LLP (EY), where he currently serves as an Assurance Partner in the Forensic & Integrity Services practice. His expertise spans accounting, auditing, compliance, financial reporting, fraud detection, and corporate investigations. Leveraging Decades of Experience Torpey, who will retire from EY in June 2024, expressed his enthusiasm for joining MDB Capital's entrepreneuria ...

Reduced the development time required to migrate a core banking application off of a legacy relational database to MongoDB Atlas by up to 90%. Migrated onto MongoDB Atlas at one-tenth of the cost of a traditional legacy-to-cloud migration. Automated repetitive developer tasks with new AI tooling in order to accelerate developers' pace of innovation. For example, AI-powered automations reduced time spent running application test cases from over 80 hours to just five minutes. The bank chose MongoDB Atlas as t ...

If the 25% drop after their Q1 earnings didn't tell you enough, the further 6% that MongoDB Inc NASDAQ: MDB has slid should. At a time when many of the bigger tech companies out there are back trading near, if not at, all-time highs, this was not good. MongoDB Today MDB MongoDB $230.30 +0.42 (+0.18%) 52-Week Range $222.78 ▼ $509.62 Price Target $364.11 Add to Watchlist Investors would already have been feeling the pinch since MongoDB shares began slipping in early February, as their multi-month rally came t ...

These three cloud software growth stocks are each down 60% or more from their all-time highs. Here's what's driving declines in these once-market darling growth stocks and whether they are worth buying now. MongoDB has built an impressive database platform MongoDB has made a name for itself by being a flexible open-source NoSQL database management platform. NoSQL allows developers to store data in a format other than relational tables, which means less structure. According to MongoDB, its tool features flex ...

MongoDB, Inc. (NASDAQ:MDB) 44th Annual William Blair Growth Stock Conference June 5, 2024 5:40 PM ET Company Participants Michael Gordon - CFO & COO Serge Tanjga - SVP Finance Conference Call Participants Jason Ader - William Blair Jason Ader With that said, I’m Jason Ader with William Blair. Very pleased to have Michael Gordon, COO and CFO of MongoDB; and Serge Tanjga, SVP of Finance. Regulars at this conference now. I appreciate it. Michael Gordon Yes. Great to be here. Thanks for having us. Jason Ader Be ...

MongoDB, Inc. (NASDAQ:MDB) 44th Annual William Blair Growth Stock Conference June 5, 2024 5:40 PM ET Company Participants Michael Gordon - CFO & COO Serge Tanjga - SVP Finance Conference Call Participants Jason Ader - William Blair Jason Ader With that said, I'm Jason Ader with William Blair. Very pleased to have Michael Gordon, COO and CFO of MongoDB; and Serge Tanjga, SVP of Finance. Regulars at this conference now. I appreciate it. Michael Gordon Yes. Great to be here. Thanks for having us. Jason Ader Be ...

The high-growth database play gave disappointing guidance, which is a killer for an expensive stock. Shares of database software up-and-comer MongoDB (MDB -1.05%) cratered 35.4% in May, according to data from S&P Global Market Intelligence. In explaining the slowdown, management pretty much blamed both a cautious macroeconomic environment, as well as perhaps acquiring customers in the prior year that had large volumes but not as much consumption growth potential. CEO Dev Ittycheria also intimated that enter ...

Not every company will benefit from AI. The most important question to ask MongoDB CEO Dev Ittycheria opened the company's earnings report with a statement about the opportunity presented by AI. MongoDB sees AI spurring companies running legacy workloads to modernize those workloads, thus opening the door for MongoDB's database to replace legacy alternatives. "We are confident MongoDB will be a substantial beneficiary of this next wave of application development," Ittycheria said. The big question to ask is ...

MongoDB, Inc. (NASDAQ:MDB) Baird 2024 Global Consumer, Technology & Services Conference June 4, 2024 1:25 PM ET Company Participants Michael Gordon - Chief Financial Officer, Chief Operating Officer Serge Tanjga - Senior Vice President, Finance Conference Call Participants Will Power - Baird Will Power All right. We're going to go ahead and get started. Thanks, everybody, for attending. Good afternoon. My name is Will Power. I cover cloud software for Baird. It's my great pleasure to have MongoDB here. Mong ...

MongoDB, Inc. (NASDAQ:MDB) Baird 2024 Global Consumer, Technology & Services Conference June 4, 2024 1:25 PM ET Company Participants Michael Gordon - Chief Financial Officer, Chief Operating Officer Serge Tanjga - Senior Vice President, Finance Conference Call Participants Will Power - Baird Will Power All right. We're going to go ahead and get started. Thanks, everybody, for attending. Good afternoon. My name is Will Power. I cover cloud software for Baird. It's my great pleasure to have MongoDB here. Mong ...