S&P 500 closes flat as traders weigh peace prospects

▤ Summary

MongoDB reported strong first-quarter results and raised its full-year guidance sharply. The company beat analyst estimates on revenue and adjusted earnings, then lifted both its EPS and sales outlook for fiscal 2027. The stock whipsawed after earnings, first dropping sharply and then reversing to trade higher. The article also notes broader market moves, including gains in software-related names and other companies reacting to earnings and contract news. MongoDB’s results highlight continued demand for database platforms in enterprise software stacks.

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