Database Firm Computes 17% Gains on Earnings Beat

Author

Adam Garcia
June 05, 2025

A cloud database firm is rallying 17% after crushing earnings, a network hardware provider is slipping on shrinking margins, and a fashion retailer is falling fast after cutting guidance amid tariff headwinds. Here’s what’s moving the markets today.

Altcoin Predictions (Sponsored)

Bitcoin is booming. ETFs are breaking records.

But the world’s top crypto minds say this is only the beginning.

An exclusive summit just opened access to 27 crypto insiders—including Tether’s co-creator and top fund managers—to share altcoin plays, ETF windfall predictions, and real-time market moves.

This exclusive summit offers rare insight into where the smart money is headed next.

Futures 📈

What to Watch

Earnings:

  • ServiceTitan Inc. [TTAN]: Aftermarket

  • Vail Resorts Inc. [MTN]: Aftermarket

  • Broadcom Inc. [AVGO]: Aftermarket

  • Lululemon Athletica Inc. [LULU]: Aftermarket

  • Samsara Inc. [IOT]: Aftermarket

  • Rubrik Inc. [RBRK]: Aftermarket

  • DocuSign Inc. [DOCU]: Aftermarket

Economic Reports:

  • Initial Jobless Claims [May 31]: 8:30 am

  • U.S. Trade Deficit [April]: 8:30 am

  • U.S. Productivity [Q1]: 8:30 am

  • Federal Reserve Governor Adriana Kugler speech: 12:00 pm

  • Philadelphia Fed President Patrick Harker speech: 1:30 pm

Q2 Market Movers (Sponsored)

Summer market momentum is here—and these 7 tickers are at the center of it.

This free investor guide features top-ranked stocks selected for their growth potential, market trends, and expert analysis.

It’s a must-read for anyone looking to position their portfolio for a strong second half.

The list is available for FREE, but only for a limited time.

Technology

MongoDB Stock Pops on Strong Outlook and Solid Q1 Beat

MongoDB [NASDAQ: MDB] shares are surging 17% in premarket trading today after the cloud database firm delivered quarterly results that topped analyst expectations and raised its full-year guidance.

For the first quarter of fiscal 2026, MongoDB posted adjusted earnings per share of $1.00, far exceeding the $0.66 consensus forecast. Revenue came in at $549 million, also ahead of the $528.2 million estimate compiled by LSEG.

Buoyed by the stronger-than-anticipated performance, MongoDB raised its full-year outlook. The company now expects fiscal 2026 revenue to land between $2.25 billion and $2.29 billion, compared to the previous range of $2.24 billion to $2.28 billion.

Adjusted earnings per share for the year are projected to come in between $2.94 and $3.12, a meaningful increase from the earlier estimate of $2.44 to $2.62.

MongoDB also issued upbeat guidance for the current quarter, forecasting adjusted EPS of $0.62 to $0.66—surpassing analyst expectations of $0.59.

Technology

Ciena Stock Slides Despite 24% Sales Surge

Ciena Corporation [NYSE: CIEN] stock is down nearly 6% in premarket trading after its fiscal second-quarter earnings fell short of Wall Street projections, despite posting a sharp jump in revenue.

For the quarter ending May 3, the company reported adjusted earnings of $0.42 per share—below analyst expectations of $0.51. Revenue, however, rose 23.6% year-over-year to $1.13 billion, topping the consensus estimate of $1.09 billion.

CEO Gary Smith highlighted accelerating demand from cloud and AI applications as a key factor in the company’s sales growth. He emphasized Ciena’s continued leadership in high-capacity network infrastructure and said momentum remains strong across business lines.

The company’s optical networking segment delivered standout performance, posting a 38.1% year-over-year increase in revenue to $773.6 million.

However, profitability took a hit. Gross margin slipped to 40.2%, down from 42.7% a year earlier—an issue that appears to have weighed on investor sentiment.

Ciena also returned capital to shareholders, repurchasing 1.2 million shares for $84.3 million. As of quarter-end, the company held $1.35 billion in cash and investments.

AI Trade Shift (Sponsored)

As U.S.-China trade tensions rise, chip exports are being restricted—and big names like Nvidia could face major revenue hits.

But this disruption is creating space for U.S.-based AI companies with strong domestic operations and rapid revenue growth.

A new report reveals 9 under-the-radar AI stocks poised to benefit from this shift.

Download the full list today—free for a limited time.

Apparels

Shares of PVH Tumble After Revised Guidance Misses Expectations

Calvin Klein maker PVH’s [NYSE: PVH] shares are down 8% in premarket trading today after the apparel giant lowered its annual profit guidance, citing rising costs from tariffs and ongoing economic uncertainty.

The parent company of Calvin Klein and Tommy Hilfiger now anticipates full-year adjusted earnings between $10.75 and $11 per share, a sharp cut from its previous range of $12.40 to $12.75.

The company said current tariffs could shave off approximately $1.05 per share in adjusted earnings but outlined efforts to reduce the impact.

For the first quarter ending May 4, PVH reported a net loss of $44.8 million, or $0.88 per share, compared to a profit of $151.4 million, or $2.59 per share, a year earlier. The results included $480 million in non-cash impairment charges. On an adjusted basis, earnings came in at $2.30 per share, slightly ahead of expectations of $2.25.

Revenue climbed 2% year-over-year to $1.98 billion, surpassing analyst forecasts of $1.93 billion.

Looking ahead, PVH projected adjusted EPS of $1.85 to $2.00 for the current quarter, below analysts’ estimates of $2.46. The company maintained its outlook for flat-to-slightly rising revenue this fiscal year.

Movers and Shakers

Planet Labs PBC [PL] - Last Close: $3.99

Planet Labs PBC specializes in daily satellite imagery and geospatial data services, catering to sectors like agriculture, defense, and environmental monitoring.

The stock is rising 18% in premarket trading today due to Planet Labs' Q1 revenue of $66.27 million surpassing analyst expectations of $62.3 million—and the company forecasting annual revenue between $265 million and $280 million, exceeding consensus estimates.

My Take: Planet Labs' strong Q1 performance and optimistic revenue forecast indicate positive momentum. However, investors should remain cautious due to the company's ongoing net losses and the capital-intensive nature of the satellite industry.

Verint Systems Inc. [VRNT] - Last Close: $18.34

Verint Systems Inc. is a U.S.-based analytics company specializing in AI-driven customer engagement solutions.

The stock is up 18% in premarket today because it reported strong Q1 results and an increased annual outlook, driven by significant growth in SaaS revenues and large customer acquisitions.

The company reported revenue of $221 million and non-GAAP EPS of $0.59, both surpassing analyst expectations.

My Take: Verint's emphasis on AI-powered solutions and its robust SaaS growth position the company well for future expansion, although it faces challenges in a competitive market landscape. Keep this stock on your radar.

Babcock & Wilcox Enterprises, Inc. [BW] - Last Close: $0.81

Babcock & Wilcox Enterprises specializes in energy and environmental technologies, focusing on thermal, renewable, and environmental solutions.

The stock's 21% premarket rise today is due to the $177 million sale of its Diamond Power International Business to ANDRITZ, which is expected to strengthen the company's balance sheet and focus on core operations.

My Take: While Babcock & Wilcox shows potential with its revenue growth and strategic divestitures, it has consistent net losses and the stock is volatile. I suggest keeping a cautious approach with this stock.

ETF Surge (Sponsored)

Trump’s recent crypto announcement just triggered a major market shift—right as Bitcoin and ETFs hit fresh highs.

Institutional money is pouring in, but some of the smartest minds in crypto are looking beyond Bitcoin.

Now, 27 top insiders—co-creators of Tether, Solana, and THORChain—are revealing what comes next.

From hidden altcoin plays to major predictions, this is rare access to crypto’s elite.

Everything Else

That’s all for today. Thank you for reading. If you have any feedback, please reply to this email.

Best Regards,

— Adam Garcia
Elite Trade Club

Click here to get our daily newsletter straight to your cell for free.

P.S. Just like this newsletter, it's 100% free*, and you can stop at any time by replying STOP.