Atlassian plans to lay off 5% of workers

08:31pm, Monday, 06'th Mar 2023
Software company Atlassian Corp. TEAM, -0.78% announced Monday it will lay off 500 workers, about 5% of the company, as cutbacks in the tech sector continue. In a blog post, co-founders and co-Chief E

Atlassian cuts 5% of its workforce

08:07pm, Monday, 06'th Mar 2023
Atlassian, the company behind tools like Jira, Confluence and Trello, today announced that, after a reorg a month ago, it is now laying off about 500 employees. That's about 5% of its total workforce.
Many of Atlassian's rivals have cut their headcount in recent months as rates have moved higher to deal with higher prices. But unemployment remains low.
Amazon, Alphabet, Salesforce and Disney have all slashed staff this year, citing cloudy economic forecasts.
These growth stocks could rebound in a big way when economic conditions improve.

5 Stocks That Powered Nasdaq ETF Last Week

03:05pm, Monday, 06'th Mar 2023 Zacks Investment Research
The tech-heavy Nasdaq Composite Index outperformed last week, gaining 2.6%, while the S&P 500 and the Dow Jones were up 1.9% and 1.7%, respectively.
Shares of CrowdStrike and Atlassian are down 56% and 61%, respectively, amid the ongoing Nasdaq bear market. Cybersecurity is essential and CrowdStrike is the market leader in several cyber protection

Atlassian: Hitting The Brakes

06:39am, Saturday, 04'th Mar 2023 Seeking Alpha
After a sharp ~40% rally this year, Atlassian has become moderately expensive again. Read more to see why I rate TEAM stock a Hold.

Why Snowflake, DocuSign, and Atlassian Fell Today

07:29pm, Friday, 24'th Feb 2023 The Motley Fool
Higher-than-expected results from January's personal consumption index report sapped the values of growth software stocks again.
Higher-than-expected results from January's personal consumption index report sapped the values of growth software stocks again.
After strong year-to-date gains, these AI and big data stocks saw a vicious round of profit-taking as long-term interest rates shot up.

Top Research Reports for NIKE, Union Pacific & KLA

06:08pm, Friday, 17'th Feb 2023 Zacks Investment Research
Today's Research Daily features new research reports on 16 major stocks, including NIKE, Inc. (NKE), Union Pacific Corporation (UNP) and KLA Corporation (KLAC).
These stocks hold strong competitive positions in quickly growing markets.
Australian software giant Atlassian and Envoy, a startup that provides workplace management services, were at loggerheads on Thursday over a data breach that exposed the data of thousands of Atlassia

Why Datadog, Atlassian, and Zscaler Stocks All Rallied on Tuesday

08:15pm, Tuesday, 14'th Feb 2023 The Motley Fool
Here's a hint: It's the economy.
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE