Today: 8 June 2026
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NASDAQ:TEAM 30 October 2025 - 30 May 2026

Atlassian Jumps 26% in a Week as Shares Surge

Atlassian Jumps 26% in a Week as Shares Surge

Atlassian shares surged 15.35% Friday to $107.61, closing the week up about 26% after strong quarterly results and rising cloud revenue. After-hours trading lifted the stock to $108.50. U.S. software stocks rebounded as Snowflake and Dell posted gains, easing AI-related concerns. The Nasdaq closed up 2.39% for the week.
30 May 2026
Atlassian Shares Surge as Investors Shift From AI Software Fears

Atlassian Shares Surge as Investors Shift From AI Software Fears

Atlassian shares jumped 15.6% to $107.85 Friday afternoon, with nearly 9.6 million shares traded, double the average volume. The rally followed strong AI-driven results from peers like Snowflake, which surged 37% Thursday. Investors returned to software stocks despite lingering concerns over AI disruption and restructuring costs. The iShares Expanded Tech-Software Sector ETF rose 5.6%.
29 May 2026
Atlassian Shares Jump 8% on Friday, Eyes on Monday for AI Interest

Atlassian Shares Jump 8% on Friday, Eyes on Monday for AI Interest

Atlassian shares jumped 8.16% to $87.46 Friday but ended the week down 4.5%. Truist Securities reiterated a Buy rating and $100 target after the Team 26 event, citing AI monetization as a key issue. Nasdaq regular trading resumes Monday. Atlassian last posted a fiscal Q3 revenue gain of 32% year-over-year to $1.787 billion but reported a GAAP operating loss of $56.3 million.
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 closed at record highs Friday, lifted by strong corporate earnings, while the Dow slipped 0.3%. Apple shares rose 3.3% on a solid forecast; Atlassian surged 29.6%. Analysts expect S&P 500 first-quarter earnings to jump 27.8% from a year earlier, with 83% of companies beating profit estimates. Energy stocks lagged as Exxon Mobil and Chevron declined after weaker results.
US Stock Market Today After Hours: Nasdaq Tops 25,000 As S&P 500 Hits Record High

US Stock Market Today After Hours: Nasdaq Tops 25,000 As S&P 500 Hits Record High

Nasdaq 100 futures climbed 0.68% and S&P 500 futures edged up 0.06% in early after-hours trading Friday, while Dow futures slipped 0.48%. The S&P 500 and Nasdaq closed at record highs, driven by first-quarter S&P 500 profit growth of 27.8%, according to LSEG. Oil prices, inflation signals, and upcoming jobs data remain in focus. GameStop shares rose 4% after reports it was preparing an offer for eBay.
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 rose 0.48% and the Nasdaq 0.96% to record highs Friday, while the Dow slipped 0.11%. Apple shares climbed after reporting its strongest quarterly sales growth in over four years. Atlassian and other software stocks rallied on strong cloud demand. Exxon and Chevron beat profit estimates but cited pressure from Middle East conflict and volatile oil prices.
Atlassian Corporation Stock Jumps 22% as AI-Led Earnings Beat Tests SaaS Selloff

Atlassian Corporation Stock Jumps 22% as AI-Led Earnings Beat Tests SaaS Selloff

Atlassian shares surged 22% Friday after the company beat quarterly estimates and raised its annual revenue forecast. Fiscal Q3 revenue climbed 32% to $1.787 billion, but Atlassian posted a $98.4 million net loss after restructuring charges. Cloud revenue rose 29% as customers expanded Jira use and adopted more AI features. Remaining performance obligations jumped 37% to $4.0 billion.
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

Sandisk shares jumped 7.2% to $912.82 on Monday after Nasdaq said it will join the Nasdaq-100, replacing Atlassian before April 20. The move follows Sandisk’s return to public markets in February 2025 and comes amid surging demand for AI data storage. The reshuffle takes effect before the April 20 open, with new Nasdaq-100 rules set for May 1.
Sandisk Stock Jumps as Nasdaq-100 Adds AI Storage Winner, Atlassian Exits

Sandisk Stock Jumps as Nasdaq-100 Adds AI Storage Winner, Atlassian Exits

Sandisk shares jumped 7.3% to $913.56 after Nasdaq said the company will join the Nasdaq-100 on April 20, replacing Atlassian. The move follows strong demand for AI-related data storage and analyst price target hikes. Atlassian exits as software stocks slump, with its shares down 65% this year. Sandisk reports fiscal third-quarter results on April 30.
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 launched a guided migration tool for moving Jira and Confluence data from its commercial cloud to Government Cloud and added new admin controls for session timeouts. The update comes before a March 30, 2026 cutoff for new Data Center subscriptions. Atlassian shares closed at $78.38, up 6%. The company recently raised its fiscal 2026 revenue growth forecast to 22% after posting $1.59 billion in quarterly revenue.
4 March 2026
Dow futures steady as Wall Street braces for delayed jobs report and CPI after tech jitters

Dow futures steady as Wall Street braces for delayed jobs report and CPI after tech jitters

Dow futures rose 46 points premarket Monday while S&P 500 and Nasdaq 100 futures slipped. Kroger jumped 6% after a report naming Greg Foran as incoming CEO. Hims & Hers fell after pulling its $49 weight-loss pill following regulatory pressure. Traders awaited delayed January payrolls data and Friday’s CPI report.
Atlassian stock price slips in premarket after earnings; TEAM eyes cloud-growth slowdown and fresh target cuts

Atlassian stock price slips in premarket after earnings; TEAM eyes cloud-growth slowdown and fresh target cuts

Atlassian shares fell 6.3% to $98.41 in premarket trading after reporting fiscal Q2 revenue of $1.586 billion and a GAAP net loss of $42.6 million. Several brokers cut price targets following the results. Cloud revenue rose 26% to $1.067 billion, but guidance points to slower growth ahead. The stock is down over 66% in the past year.
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 fell about 6% in after-hours trading after reporting a sharp drop in free cash flow to $168.5 million and forecasting Q3 revenue between $1.689 billion and $1.697 billion. The company posted a net loss of $42.6 million for the quarter. CEO Mike Cannon-Brookes defended the company’s AI strategy amid investor concerns over long-term demand for Jira and Trello.
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 plunged 10.9% to $434.09 in after-hours trading Tuesday, after falling 11% during the session. The S&P 500 software and services index dropped 3.8%, with Salesforce, Datadog, Adobe, Synopsys, and Atlassian also down sharply. The Nasdaq Composite lost 1.4%. Analysts cited aggressive repricing of software stocks as AI offerings from Anthropic raised concerns over future growth and competition.
Stock market today: Nasdaq falls on artificial intelligence fears as Palantir pops and Walmart hits $1 trillion

Stock market today: Nasdaq falls on artificial intelligence fears as Palantir pops and Walmart hits $1 trillion

The S&P 500 fell 1.3% and the Nasdaq dropped nearly 2% Tuesday, erasing early gains, while the Dow slipped 0.9%. Palantir shares rose after an upbeat revenue forecast, but Microsoft and other major tech stocks declined. A partial U.S. government shutdown delayed key economic reports. Investors await Alphabet and Amazon earnings later this week.
Asana stock drops 7% today as software names slide after CPI — what to watch next

Asana stock drops 7% today as software names slide after CPI — what to watch next

Asana shares fell 7.1% to $12.04 Tuesday afternoon, underperforming major indexes after U.S. inflation data showed a 2.7% annual rise in December. The drop mirrored declines in other cloud software stocks. Company news was limited, though Asana launched a new automation feature late Monday. Investors are watching the Fed’s Jan. 27-28 meeting and Asana’s fiscal year-end on Jan. 31.

Stock Market Today

  • Nvidia Stock Forecast: Potential to Reach $300 by 2027 Amidst Strong AI-Driven Growth
    June 8, 2026, 5:00 PM EDT. Nvidia (NASDAQ: NVDA) posted a remarkable Q1 FY27 with revenue surging 85% year-on-year to $81.6 billion and free cash flow hitting $48.55 billion. Despite this, shares trade at $205.10, presenting a forward price-to-earnings (P/E) ratio of 26, below the 38x needed to reach $300 by 2027, per Wall Street's consensus target of $298. Nvidia's growth is propelled by AI infrastructure spending, with Q2 revenue guidance at $91 billion and $119 billion in supply commitments. Challenges include geopolitical issues in China and market sensitivity, but analyst sentiment remains 95% bullish. Our model predicts a $255 base case by mid-2027, reflecting 25% upside, while the $300 target requires significant earnings per share growth and multiple expansion. Nvidia remains a key player in AI and data center sectors.

Latest articles

IonQ Jumps as Quantum IPO Rush Sets Wall Street Benchmark

IonQ Jumps as Quantum IPO Rush Sets Wall Street Benchmark

8 June 2026
IonQ surged 10.5% to $62.77, outpacing quantum peers after Quantinuum’s $1.68 billion Nasdaq IPO gave investors a new benchmark for trapped-ion quantum stocks; IonQ’s rally follows its May guidance raise and soaring revenue, but losses and a long commercialization timeline remain key risks.
Snap Shares Climb as Debt Markets Send Signal

Snap Drops Again as Wall Street Stays Wary

8 June 2026
Snap plunged 2.1% to $5.64, underperforming a tech rebound, as investors weighed improved cash flow and a recent S&P credit upgrade against ongoing ad-market pressure, cost cuts, and spending on Specs; the stock’s weakness stood out as peers like Pinterest gained, highlighting market doubts about Snap’s ability to sustain growth amid tough competition and uncertain ad budgets.
Dow Drops After Hours, AI Rally Sidesteps Blue Chips

Dow Drops After Hours, AI Rally Sidesteps Blue Chips

8 June 2026
The Dow Jones fell 104.70 points, or 0.21%, to 50,762.08 as tech and chip stocks rebounded sharply, with the Philadelphia SE Semiconductor Index up 6.2% after Friday’s $1 trillion selloff; Apple dropped 1.4% despite its AI event, and investors now await Wednesday’s inflation data and Middle East energy risks as the next key tests for the market’s fragile rebound.
Nasdaq rises as AI names find support after market selloff

Nasdaq rises as AI names find support after market selloff

8 June 2026
Nasdaq surged 1.27% as investors snapped up AI and chip stocks after Friday’s rout, with the Philadelphia Semiconductor Index jumping 6.2%; Citigroup hiked its S&P 500 year-end target to 8,100 on AI demand, but Goldman Sachs warned strong jobs data makes a Fed rate hike more plausible, posing risks to growth stocks if inflation surprises.
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