The stock market is in a rough patch as of late while investors grapple with macro pressures, upcoming elections and geopolitical tensions.
"Historically, COST has not experienced a significant impact on membership trends when fees are increased, so we think the impact will be muted," said Tarlowe. Despite the weak start to the year, Feinseth is bullish on MongoDB, as the company continues to gain traction among developers. He also mentioned the growing momentum for MDB's Atlas DBaaS product.
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