MongoDB plunges 18% on CEO exit, AI cybersecurity heats up

MDB  MongoDB

MongoDB shares plummeted 18.46% after President and CEO Chirantan Desai abruptly resigned to join Meta Platforms (per TradingKey).

NTES  NetEase

NetEase gained 4.88% after Morgan Stanley upgraded it to Top Pick status, citing the upcoming global release of its game Ananta (per Morgan Stanley).

PS  Pershing Square

Pershing Square Inc. rose 5.36% as it plans to seed Pershing Square Ventures, a new permanent-capital fund focused on late-stage private companies (per TipRanks.com).

PANW  Palo Alto Networks

Palo Alto Networks climbed 4.63% after launching Unit 42 Continuous Frontier AI Defense, an agentic, offensive-security service (per StocksToTrade).

MDB  MongoDB

MongoDB's President and Chief Executive Officer Chirantan Desai abruptly resigned to join Meta Platforms as Chief Enterprise Platform Officer (per TradingKey).

NVDA  NVIDIA Corporation

China is reportedly considering allowing some domestic companies, including ByteDance and Alibaba, to buy Nvidia's RTX PRO 5500 GPUs (per The Information via TradingView).

SPCX  SpaceX

The FAA cleared SpaceX for Starship Flight 14 launch and reentry on September 26, approving mission operations within a 75-minute launch window (per FAA via TradingView).

PANW  Palo Alto Networks Inc

Palo Alto Networks launched Unit 42 Continuous Frontier AI Defense, an agentic, offensive-security service that uses advanced AI models to continuously probe client environments for exposures (per StocksToTrade).

SNOW  Snowflake Inc.

Snowflake plans a proposed private placement of US$3.5 billion in 0.00% Convertible Senior Notes to fund general corporate activities, including potential investments, acquisitions, or share repurchases (per Simply Wall St).

PANW  Palo Alto Networks

Palo Alto Networks introduced Unit 42 Continuous Frontier AI Defense, an offensive-security service leveraging advanced AI models to proactively identify security exposures (per StocksToTrade).

NVDA  Nvidia

China's Ministry of Industry and Information Technology is reportedly considering allowing companies like ByteDance and Alibaba to purchase Nvidia's RTX PRO 5500 GPUs (per The Information via TradingView).

SNOW  Snowflake

Snowflake plans a private placement of $3.5 billion in Convertible Senior Notes to fund general corporate activities, including potential investments and acquisitions related to AI-driven products (per Simply Wall St).

SOFI  SoFi Technologies

SoFi Technologies saw an insider or large holder file a Form 144, signaling an intention to sell restricted or control securities under SEC Rule 144 (per StocksToTrade).

CCL  Carnival Corporation earnings

Before market open, $1.35 EPS est.