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Dev Ittycheria, CEO of MongoDB Adam Jeffery | CNBC MongoDB shares rose 27% in extended trading on Tuesday after the database software maker surprisingly swung to a profit. Here’s how the company did: Earnings: 23 cents per share, adjusted, vs. a loss of 17 cents per share as expected by …

James Gorman, chief executive officer of Morgan Stanley, speaks during a Bloomberg Television interview on day three of the World Economic Forum (WEF) in Davos, Switzerland, on Thursday, Jan. 24, 2019. Simon Dawson | Bloomberg | Getty Images Morgan Stanley cut about 2% of its staff on Tuesday, according to …

Boeing’s last 747 aircraft, #1574, at its factory in Everett, Washington. Leslie Josephs | CNBC EVERETT, Wash. − Boeing‘s final 747 is set to roll out of the company’s cavernous factory north of Seattle as airlines’ push for more fuel-efficient planes ends the more than half-century production run of the …

The International Air Transport Association (IATA) has said it expects the airline industry to post a “small” net profit of $4.7 billion in 2023. Nurphoto | Getty Images The global airline industry is set to return to profitability again next year following a near-three year downturn fueled by the Covid-19 …

The creator of the iPod, Tony Fadell, designed a new hardware wallet for people to store their cryptocurrency. The product, created by French crypto asset security firm Ledger, launched at the company’s annual Ledger Op3n event Tuesday. Its launch comes at a time when trust in centralized crypto platforms is …

JPMorgan Chase CEO Jamie Dimon said that inflation could tip the U.S. economy into recession next year. While consumers and companies are currently in good shape, that may not last much longer, Dimon said Tuesday on CNBC’s “Squawk Box.” Consumers have $1.5 trillion in excess savings from pandemic stimulus programs …

Regulators have raised concerns that Microsoft could block the hit Call of Duty franchise from being released on rivals’ games consoles. Microsoft said it has offered Sony a 10-year contract for Call of Duty to be released on the PlayStation on the same day it comes to the Xbox. The …

Standard Chartered predicts that bitcoin could fall to $5,000 in 2023 as part of their research on potential market surprises next year. Nurphoto | Getty Images Bitcoin could drop to $5,000 next year in a market surprise that investors are under-pricing, according to Standard Chartered. If that level is reached, …

China’s President Xi Jinping attends a session during the G20 Summit on the Indonesian resort island of Bali on November 16, 2022. Willy Kurniawan | Afp | Getty Images BEIJING — A month after consolidating power at home, Chinese President Xi Jinping has stepped out onto the world stage to …

Anwar Almojarkesh (L) and Alan Chalabi (R) from England take a photo at Meta (formerly Facebook) corporate headquarters in Menlo Park, California on November 9, 2022. Josh Edelson | AFP | Getty Images A group of Meta workers who joined the company via a corporate training program say they are …