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MongoDB Inc. (NASDAQ: MBD ) shares plunged as much as 18.5% on Monday after CEO Chirantan Desai abruptly stepped down to take a senior role at Meta Platforms. Dev Ittycheria, who led MongoDB for 11 years before departing in 2025, returns as interim president and CEO. Despite the surprise shakeup, MongoDB reaffirmed gui
U.S. stocks slipped at midday Monday as oil prices jumped and the 10-year Treasury yield climbed to its highest level since 2007, after President Donald Trump rejected Iran’s proposal to reopen the Strait of Hormuz and end the months-long standoff. Iran’s proposal to reopen the vital Hormuz waterway was rejected over t