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Technology 5 February 2026 - 6 February 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
AI Fears Hit Tech Stocks Again as Bitcoin Sinks and Wall Street Braces for Earnings

AI Fears Hit Tech Stocks Again as Bitcoin Sinks and Wall Street Braces for Earnings

Wall Street plunged Thursday, dragged down by another drop in tech stocks and a sharp bitcoin sell-off that weighed on crypto-related shares. The S&P 500 dropped 1.2%, the Dow tumbled 592 points, and the Nasdaq retreated 1.6%. Bitcoin dipped over 12% below $64,000 briefly after new U.S. job data sent Treasury yields lower.
Capgemini to sell ICE-linked U.S. unit as shares slip — what’s driving the backlash

Capgemini to sell ICE-linked U.S. unit as shares slip — what’s driving the backlash

Capgemini shares slipped to 118.05 euros from 119.10 in the previous close, following the Paris-listed IT service provider’s decision to sell Capgemini Government Solutions. This U.S. subsidiary is tied to U.S. Immigration and Customs Enforcement. The sale was announced on Feb. 1, after French officials and lawmakers demanded clarification on the unit’s ties to ICE.
5 February 2026
Credo Technology stock rebounds today as AI-chip jitters ease; what’s next for CRDO

Credo Technology stock rebounds today as AI-chip jitters ease; what’s next for CRDO

Shares of Credo Technology Group Holding Ltd climbed around 2% to hit $98.96 by Thursday afternoon. The Nasdaq-listed company’s stock swung between $93.66 and $101.78, with roughly 5.8 million shares changing hands. Credo's market value stands near $32.5 billion, trading at approximately 153 times trailing earnings.
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AI PORTFOLIO

Top Stock Picks

Today’s highest-ranked model selections.

#1 STRONG BUY

Xylem

NYSE: XYL 95 / 100
#2 BUY

AerCap

NYSE: AER 93 / 100
#3 BUY ON WEAKNESS

Visa

NYSE: V 90 / 100
#4 TACTICAL BUY

Chevron

NYSE: CVX 87 / 100
#5 ACCUMULATE

UPS

NYSE: UPS 84 / 100
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Editorial model selection. Not personalised advice.