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Founded in 2007, MongoDB is a document-oriented database provider designed to accelerate application development. Enterprise customers can choose between the fully managed MongoDB Atlas platform and the self-managed MongoDB Enterprise Advanced solution. MongoDB is widely used among developers, and its free Community Server has recorded more than 500 million downloads since 2009.
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All three major indexes closed higher on October 28. The Federal Reserve held its policy rate at 3.75%–4%. Bitcoin briefly rose above $81,000 before pulling back. Storage, optical communications and Neocloud stocks strengthened broadly, with SK Hynix up more than 10%. Google fell about 9%–10% after hours, while Microsoft rose about 4%. Investors will watch after-hours earnings from Amazon, Intel and others on October 29.
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Bitcoin and gold are facing new volatility risks. The decision of the United States central bank, the Federal Reserve or The Fed, to maintain the benchmark interest rate has not fully alleviated uncertainty in the global financial markets.
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