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The Latest Breaking News from Atlassian

The AI trap: firms buy too much tech, too little talent

More businesses are investing in artificial intelligence to boost productivity but a leading tech firm says they are not all getting investments right.

AAP

2 Software Stocks Turning AI Fears Into Fundamental Gains

Atlassian and Datadog both surged more than 30% after strong Q1 2026 earnings, suggesting AI is a tailwind for some software stocks rather than a threat.

MarketBeat

So Much for the Software Apocalypse: Atlassian Stock Surges as Data Center Revenue Grows 44%

Atlassian is crushing software fears as cloud demand holds firm and data-center growth climbs, forcing Wall Street to rethink the AI threat.

Barchart

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S&P 500 and Nasdaq 100 Post Record Highs on Solid Earnings

The S&P 500 Index ($SPX ) (SPY ) on Friday closed up +0.29%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.31%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.94%. June E-mini S&P futures (ESM26 ) rose +0.19%, and June E-mini Nasdaq futures...

Barchart

Stocks Climb on Strong Earnings and Crude Oil Weakness

The S&P 500 Index ($SPX ) (SPY ) today is up +0.62%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.02%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.10%. June E-mini S&P futures (ESM26 ) are up +0.43%, and June E-mini Nasdaq futures...

Barchart

Stocks Supported by Apple’s Earnings and Weaker Crude Prices

The S&P 500 Index ($SPX ) (SPY ) today is up +0.55%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.28%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.79%. June E-mini S&P futures (ESM26 ) are up +0.58%, and June E-mini Nasdaq futures...

Barchart

Sandisk Just Joined the Nasdaq-100. Should You Buy SNDK Stock Here?

Sandisk just joined the Nasdaq-100, replacing Atlassian. Here's what investors need to know about whether SNDK stock is a buy right now.

Barchart

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Stocks Settle Higher in Hopes for an Agreement to End the Iran War

The S&P 500 Index ($SPX ) (SPY ) on Monday closed up +1.02%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.63%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.06%. June E-mini S&P futures (ESM26 ) rose +0.98%, and June E-mini Nasdaq futures...

Barchart

These are the 3 Biggest AI Winners and Losers of 2026

From down more than 50% to quadruple baggers, these are the biggest artificial intelligence winners and losers so far in 2026.

MarketBeat

Stocks Recover as Oracle Leads Software Companies Higher

The S&P 500 Index ($SPX ) (SPY ) today is up +0.09%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.39%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.16%. June E-mini S&P futures (ESM26 ) are up +0.12%, and June E-mini Nasdaq futures...

Barchart

Tech Layoffs Surge to 59,000 in 2026 as Amazon, Meta and Block Cut Jobs Amid AI Shift — Who's Next?

AI and automation led to over 59,000 job cuts in 2026. Discover how companies like Amazon and Block are using AI for efficiency and what it means for future employment.

International Business Times UK

Aussies could miss big payday due to basic AI skills

Millions of Australian workers are using artificial intelligence tools with only a basic understanding, and could boost their salaries with more training.

AAP

First came the AI ‘teammates’, then the layoffs: the new reality for Atlassian staff now looking for work

‘These AI agents have been really, really helpful,’ says a former Sydney employee. ‘But you couldn’t use something like that to replace an actual human worker’

The Guardian - AU

Atlassian Is Cutting 10% of Jobs. Should You Buy TEAM Stock as AI Takes Over?

Atlassian is cutting jobs to fund AI investments. Should you buy the stock here?

Barchart

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AAP

AI could devalue your degree, federal government warns

AI could make soft skills like judgment more important for workers than traditional university degrees, assistant minister Andrew Leigh will say in a speech.

AAP

Past disruptions show Australian workers can weather AI

A federal government minister says Australia could see the creation of lots of jobs involving empathy and human connectedness as AI adoption increases.

The Guardian - AU

Will AI take Australian jobs, or is it just an excuse for corporate restructure?

More than 1,000 Australian tech jobs have recently been cut, with companies citing AI productivity gains. But that’s not the full story, experts say

International Business Times

Atlassian Announces 1,600 Job Cuts as Part of Company's AI Push

Atlassian CEO Mike Cannon-Brookes informed staff about the job cuts via email, according to reports.

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The Guardian - AU

Afternoon Update: Labor fuel quality downgrade to pump supply into regions; Atlassian’s AI-driven layoffs; and finding your personal style

Chris Bowen has announced Labor will temporarily relax fuel standard rules for 60 days to put an extra 100m litres a month into the system.

AAP

Atlassian workers in shock after AI-related layoffs

Almost 500 Atlassian employees in Australia are reeling after being told via email that their services are no longer required.

The Guardian - AU

‘Devastating blow’: Atlassian lays off 1,600 workers ahead of AI push

Layoffs to affect 10% of workforce amid Australian company’s restructuring plan to push into artificial intelligence and enterprise sales

MarketBeat

Atlassian's AI Fear Trade May Be Exhausted—3 Signs Point to a Reversal

Atlassian’s stock has been crushed by AI fears, but improving price action, strong analyst backing, and a new CFO could signal a long-awaited turning point.

AAP

Formula One team deploys Aussie AI for a technical edge

It is one of the world's most technical sports and, with major changes this season, artificial intelligence will help one team adjust.

Barchart

Morgan Stanley Says You Should Buy the Dip in These 3 Software Stocks

Analysts say the software selloff is an opportunity for investors.

Barchart

3 Software Stocks to Buy on the Dip Now, According to Analysts

Following a significant plunge in software valuations, Morgan Stanley sees a rare buy-the-dip opportunity in resilient leaders like Atlassian, Shopify, and Palo Alto Networks.

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