TEAM Stock Recent News
TEAM LATEST HEADLINES
Subscribers to Chart of the Week received this commentary on Sunday, April 16.
Atlassian today announced the launch of Atlassian Intelligence, the company's AI-driven ‘virtual teammate' that leverages the company's own models in conjunction with OpenAI's large language models to create custom teamwork graphs and enable features like AI-generated summaries Confluence and test plans in Jira Software, or rewriting responses to customers in Jira Service Management.
Higher-than-expected results from January's personal consumption index report sapped the values of growth software stocks again.
Investors pummeled software stocks Atlassian, Twilio and Cloudflare for issuing weak guidance amid expectations the economy will slow. The post Software Stocks Atlassian, Twilio, Cloudflare Take A Beating On Guidance appeared first on Investor's Business Daily.
These beaten-down growth stocks have a consensus rating of "buy" among Wall Street analysts.
Software stocks are down on negative momentum spurred by the recent rate hikes. After the Federal Reserve announced a 75-basis-point rate hike late in September, many questions arose.