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Consumer Spending is Tightening Up… Kind Of

Motley Fool Money

The Unexpected Success of Picometric in the First Quarter

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MongoDB posted some eye-popping results in the first quarter report this week, revenue for the database software company was up nearly 30% year over year to 370 million. The CEO said they're seeing customers continue to scrutinize technology spend and they are looking to separate the must haves from the nice to haves.

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