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The Latest Breaking News from Atlassian

AI Stocks: In Case You Missed These Developments In Artificial Intelligence

Amid buzz on artificial intelligence competition, next week shapes up as busy for investors homing in on AI stocks with key earnings due.

Investors Business Daily

MilkRun's demise is another nail in the 10-minute grocery-delivery business model

Sydney-based startup MilkRun made a big splash with its promise to deliver groceries within ten minutes, raising more than A$85 million from some of the biggest names in Australian venture capital, including Atlassian billionare Mike Cannon-Brookes.

The Conversation

Accenture bolsters industrial AI services with Flutura acquisition

Professional services giant Accenture has announced the acquisition of Flutura, an industrial artificial intelligence (AI) company based in Bangalore, India. The acquisition strengthens Accenture’s own industrial AI services, as it looks to boost the performance of plants, refineries, and supply chains, as well as help clients hit their net zero…

IT Pro

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Australian software giant Atlassian to shed 5 per cent of workers, or 500 jobs globally, as tech industry layoffs grow

Australian software company Atlassian will reduce its workforce by 5 per cent in response to changing economic conditions, but co-founders Mike Cannon-Brookes and Scott Farquhar say the company is not facing financial difficulties.

ABC News

Tech giant Atlassian to sack one in 20 workers

Australian-based software firm Atlassian has announced it will cut one in 20 jobs in an attempt to reorganise the company amid economic challenges.

AAP

Atlassian's Revenue Outlook Snuffs Out A 2023 Rally For The Stock

Atlassian stock tumbled after its December-quarter earnings that topped estimates but revenue guidance merely met analyst expectations.

Investors Business Daily

Enterprise Software Stocks Are Sneaking Out Of The Doghouse This Year

Some enterprise software stocks have posted double-digit gains in early 2023. But other techs seem more in favor than the software sector.

Investors Business Daily

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Nasdaq Off To Its Fastest Start Since 2019 — These Stocks Are Leading The Charge

The Nasdaq is up 6.44% in 2023, its best start to a new year since 2019. These are the big Nasdaq winners, including some megacaps.

Investors Business Daily

Who is the most entitled aristocrat of the year? Find out in Crikey’s 2022 business awards

Some will proudly display their prize, others, well, a low profile could be best. And the winners are…

Crikey

Yum China, Atlassian And 2 Other Stocks Insiders Are Selling

The Nasdaq 100 jumped by more than 100 points on Monday. Investors, meanwhile, focused on some notable insider trades.

Benzinga

Winning teal independents backed by $10.2m in political donations

AEC disclosures reveal Atlassian founder Scott Farquhar was the biggest Climate 200 donor, giving $1.5m, followed by Mike Cannon-Brookes

The Guardian - AU

Dow Jones Futures Rise: Apple iPhone 14 Pro Production Hit; Big Meta Job Cuts Seen

Apple iPhone 14 Pro production has been hit by China Covid curbs. Meta Platforms is expected to announce big job cuts.

Investors Business Daily

Salesforce, Atlassian And 2 Other Stocks Insiders Are Selling

Gold futures traded sharply higher this morning on Friday. Investors, meanwhile, focused on some notable insider trades.

Benzinga

Stock Market Rally Tumbles On Hawkish Fed Chief Powell; Jobs, Earnings Also In Focus: Weekly Review

The stock market rally tumbled after Fed chief Powell signaled a higher peak rate. The jobs report and heavy earnings also swung stocks.

Investors Business Daily

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Investors Business Daily

Software Stocks Atlassian, Twilio, Cloudflare Take A Beating On Guidance

Investors pummeled software stocks Atlassian, Twilio and Cloudflare for issuing weak guidance amid expectations the economy will slow.

Benzinga

Block, Paypal, Twilio, Atlassian, Doordash: Why These Stocks Moved Significantly In Afterhours Trading Today

Stocks and bonds in the U.S. took a hit on Thursday, continuing their response to the Federal Reserve’s hawkish stance.

Benzinga

Looking At Atlassian's Recent Unusual Options Activity

A whale with a lot of money to spend has taken a noticeably bearish stance on Atlassian. Looking at options history for Atlassian (NASDAQ:TEAM) we detected 15 strange trades.

The New Daily

‘Bonkers’ donation: Long-time benefactor, film star Russell Crowe, just keeps on giving

Oscar-winner Russell Crowe has done it again, this time making a sizeable donation to a struggling UK bookshop.

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The Canberra Times

Good pay, work anywhere: Tech billionaire's enticing pitch to Canberrans

Atlassian has big plans to hire more than 1000 Aussies in research and development.

Benzinga

Atlassian Whale Trades For October 07

A whale with a lot of money to spend has taken a noticeably bullish stance on Atlassian. Looking at options history for Atlassian (NASDAQ:TEAM) we detected 16 strange trades.

Benzinga

Growth Is Back In Favor With Hedge Funds With Big Tech While Energy Is Out

The widespread rotation from growth to value has been well-publicized over the last two years, but it seems the trend was short-lived. Analysis of the 13F filings from the largest hedge funds reveals a rotation from value back to growth. However, funds remain more tilted toward value than they have…

AAP

National skills agreement expected by 2024

Ahead of the jobs and skills summit in Canberra, Prime Minister Anthony Albanese and state leaders have initiated work on a new national skills agreement.

The Canberra Times

ACT charging network kicks off as heavy-hitters gather at EV summit

Mike Cannon-Brookes has urged greater speed on tough vehicle emission standards

Investors Business Daily

TEAM Stock Sees Relative Strength Rating Leap

Atlassian shows improving price performance, earning an upgrade to its IBD Relative Strength Rating from 69 to 87.

ABC News

Timber skyscrapers reach for record heights and sustainable Australian cities

Wooden towers up to 220 metres tall may soon dot the skylines of Perth and Sydney as a boom in timber construction reaches record-breaking heights.

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