Stocks to Watch Tuesday: MongoDB, Best Buy, Target -- WSJ

Dow Jones
03/03

By WSJ Staff

AST SpaceMobile $(ASTS)$: The space-based cellular-network developer reported mixed quarterly results but said it anticipated revenue growth in 2026. Shares dropped 4% in premarket trading.

MongoDB $(MDB)$: The database company posted better-than-expected financial results, but gave soft guidance for this quarter, triggering further concerns that artificial intelligence could upend its business. Shares slid by almost one-quarter premarket.

Credo Technology $(CRDO)$: The data-center connectivity company posted better-than-projected adjusted earnings, while revenue more than tripled. However, its guidance for this quarter disappointed. Shares dropped 8% in off-hours trading.

AutoZone $(AZO)$, Best Buy $(BBY)$, Target (TGT), Singaporean technology conglomerate Sea (SE) and Swiss sneaker maker On $(ONON)$ are among the companies due to report earnings early Tuesday.

SoftBank (JP:9984): The tech investor's PayPay payments app is targeting a valuation of up to $13.4 billion in an initial public offering. The move could bolster the Japanese group's coffers as it pours billions into artificial intelligence. However, shares fell 1.3% in Tokyo.

Apple $(AAPL)$: Tuesday is the second day of Apple's product event. On Monday, it unveiled the budget-focused iPhone 17e and an upgraded iPad Air.

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(END) Dow Jones Newswires

March 03, 2026 04:47 ET (09:47 GMT)

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