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NASDAQ:TEAM 23 January 2026 - 7 August 2026

Atlassian shares surge 32% on strong cloud forecast, offsetting Data Center slowdown
Atlassian Jumps 26% in a Week as Shares Surge

Atlassian Jumps 26% in a Week as Shares Surge

Atlassian Corp. heads into next week up after a strong Friday rally. Shares of the collaboration-software maker finished the short week up about 26% from the May 22 close through Friday. The stock surged 15.35% Friday to end at $107.61, its biggest jump of the week, and then traded higher after hours.
US Stock Market This Week: S&P 500, Nasdaq Hit Records As Earnings Rally Faces Oil Shock Risk

US Stock Market This Week: S&P 500, Nasdaq Hit Records As Earnings Rally Faces Oil Shock Risk

The S&P 500 and Nasdaq both finished Friday at all-time highs, wrapping up yet another positive week for U.S. equities. Investors shrugged off concerns about inflation, oil, and a more hawkish Fed, with upbeat corporate earnings doing most of the heavy lifting. The Dow dropped on the session, but still managed a gain over the week.
US Stock Market Today: Why the S&P 500 and Nasdaq Are Hitting Fresh Highs

US Stock Market Today: Why the S&P 500 and Nasdaq Are Hitting Fresh Highs

The S&P 500 and Nasdaq Composite notched new highs on Friday, carrying forward Wall Street’s April comeback. Apple and software names did the heavy lifting, more than offsetting a slight dip in the Dow. According to Reuters market data, the S&P 500 climbed 0.48% to 7,243.34, the Nasdaq jumped 0.96% to 25,131.26, while the Dow Jones Industrial Average slipped 0.11% to 49,599.01.
IBM Stock Gets Citi Buy Call Despite Worst Start Since 2002 as BofA Cuts Target Ahead of Earnings

IBM Stock Gets Citi Buy Call Despite Worst Start Since 2002 as BofA Cuts Target Ahead of Earnings

IBM ticked up Monday, gaining about 0.9% to $232.78 in late morning New York action, after Citi Research began coverage with a Buy and set a $285 target. Bank of America, on the other hand, dialed back its own target to $300 just ahead of IBM’s quarterly numbers. Despite today’s move, the stock remains down almost 22% for the year.
Atlassian rolls out new Government Cloud migration tools as an on‑prem deadline looms

Atlassian rolls out new Government Cloud migration tools as an on‑prem deadline looms

Atlassian introduced a guided migration flow, giving eligible admins the ability to move data from Jira and Confluence sites in its commercial cloud into Atlassian Government Cloud, according to the latest cloud release notes. The company also updated Government Cloud sign-in policies; now admins can configure idle-session and session-expiration limits, unlocking options beyond the previous fixed 24-hour window.
4 March 2026
Atlassian stock slides after Q2 results as CEO rejects ‘software is dead’ AI fears

Atlassian stock slides after Q2 results as CEO rejects ‘software is dead’ AI fears

Atlassian shares dropped roughly 6% in after-hours trading Thursday following its latest earnings report. The software firm posted a 23% increase in quarterly revenue, hitting $1.586 billion for the quarter ended Dec. 31. However, free cash flow plunged to $168.5 million, down from $342.6 million a year earlier. The company forecast third-quarter revenue between $1.689 billion and $1.697 billion, projecting around 22% revenue growth for the fiscal year.
5 February 2026
Intuit stock drops 11% after-hours as AI disruption fears spread — what investors watch next

Intuit stock drops 11% after-hours as AI disruption fears spread — what investors watch next

Intuit shares dropped 10.9% to $434.09 in after-hours trading, following an 11% slide during regular session. Salesforce, Datadog, and Adobe each lost roughly 7%, while Synopsys and Atlassian declined about 8%. The S&P 500 software and services index tumbled 3.8%. “We’re seeing a lot of software companies across the spectrum get hit,” noted Art Hogan, chief market strategist at B. Riley Wealth. John Campbell of Allspring Global Investments added that parts of the market were “priced for perfection.”
AI PORTFOLIO

Top Stock Picks

Today’s highest-ranked model selections.

#1 STRONG BUY

Constellation Energy

NASDAQ: CEG 95 / 100
#2 BUY

AerCap

NYSE: AER 93 / 100
#3 BUY

Walt Disney

NYSE: DIS 92 / 100
#4 ACCUMULATE

AIG

NYSE: AIG 90 / 100
#5 BUY ON PULLBACK

Cheniere Energy

NYSE: LNG 88 / 100
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