Shares of MongoDB ( MDB 35.22%) charged sharply higher on Wednesday, surging as much as 34.3%. As of 11:47 a.m. ET, the stock ...

Shares of MongoDB surged about 31% on Wednesday after the database software firm said its Atlas cloud service was seeing increasing usage as more customers build AI applications on the platform.

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MongoDB's shares experienced a significant surge of 31% following the company's announcement of increased usage of its Atlas ...