Database firm MongoDB's shares rally 31% as AI apps fuel demand for Atlas cloud database
- Posted on August 27, 2025
- By Business News Today
- 2 Views
Database firm MongoDB's shares rally 31% as AI apps fuel demand for Atlas cloud database
MongoDB's shares experienced a significant surge of 31% following the company's announcement of increased usage of its Atlas cloud service, driven by customers building AI applications. The database software firm raised its annual adjusted profit and revenue forecasts, exceeding Wall Street estimates.
