MongoDB reports Q2 revenue up 30% YoY to $771.8M, vs. $735M est., Atlas revenue up ~29% YoY, below major hedge funds' expectations; MDB drops 12%+ after hours (Mariapaula Gonzalez/Barron's Online)
McCormick's Rebound Is Starting to Look Seasoned — Sea Limited Is an E-Commerce Winner. This Chart Screams It. — 0&
Dell Technologies reported stronger-than-expected fiscal second-quarter results, with adjusted earnings of $7.04 a share and revenue of $47.0 billion, surpassing Wall Street estimates. The company's AI server orders reached $60.9 billion, with a record backlog of $95 billion. Revenue rose 58% from a year earlier, and net income and operating profit surged due to booming AI server demand, stronger storage sales, and operating leverage. Shares rebounded after hours, suggesting investors welcomed the beat and higher outlook.
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