Good Morning, MongoDB NASDAQ: MDB emerged as an AI play when it released FQ1 earnings in early June. The company beat on the top and bottom lines and issued clear guidance saying it was well-positioned to benefit from the AI boom. Not only is it critical to the AI infrastructure, it is a cloud-based database and data-management system, but it is part and parcel of AI applications. Its connectivity with Gitlab NASDAQ: GTLB, another emergent winner in the AI race, makes it a go-to network for developers building new AI and AI applications. The takeaway is that MongoDB’s growth and profitability have been accelerated, and the analysts are taking note.
Click here to learn more about how the analysts are going mongo over MongoDB.
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