Don't Buy the AI Hype: Avoid This Crashing Software Stock
MDBMongoDB(MDB) The Motley Fool·2024-06-05 17:35

Not every company will benefit from AI. Nearly every software company is talking up the potential of artificial intelligence, but not every software company will benefit in a meaningful way. Database software provider MongoDB (MDB -1.05%) reported disappointing results and provided lackluster guidance last week, and the company's optimistic talk about AI wasn't enough to prevent the stock from tumbling. The most important question to ask MongoDB CEO Dev Ittycheria opened the company's earnings report with a ...