Despite MongoDB's possible strong earnings, the stock might not see a positive impact. The sector is currently under pressure, and recent earnings from Nutanix and Salesforce confirm this sentiment. Nutanix reported solid results but still faced market skepticism, while Salesforce's disappointing outlook led to a significant drop in its stock price. This broader market sentiment could overshadow MongoDB's performance, making it unlikely for the stock to rally even with positive earnings.
Thoughts?
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