Meta announced the launch of its enterprise platform and the hiring of MongoDB's CEO as chief enterprise platform officer, causing a sharp market reaction. Salesforce, ServiceNow, and Snowflake shares each fell about 4%, while MongoDB dropped over 20% due to the CEO departure. Meta's move signals a new competitive threat in enterprise software, though details on pricing and customers remain undisclosed. The market's reaction may be an overcorrection, as Meta's enterprise business is still unproven and smaller compared to its advertising revenue.
As of Sep 28, 2026 22:31 WIB, Meta (META) trades at USD 719.49 with a 1-day change of -4.28% on Pluang. MongoDB (MDB) is down 17.21% at USD 339.81, reflecting significant market reaction to its CEO departure. Meanwhile, Salesforce (CRM) shows a smaller decline of -1.99% at USD 229.36, indicating a more moderate impact from the news.
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