The major stock indexes were sharply lower early Friday on President Trump's tariff threat on China. Amazon stock dove 6%.
Which is the better team-based collaboration software specialist for investors to buy shares of today?
LaunchNotes, a startup founded by three ex-Atlassian employees, makes it easier for businesses to communicate the changes in their software products to both their internal teams and external customers. As Jake Brereton, the third co-founder and former head of marketing for Jira at Atlassian, told me, before founding LaunchNotes, the team had already realized how difficult it had become for many software businesses to keep their release notes updated. It's not unusual for many companies to ship updates multiple times a day, after all, which only makes writing comprehensive release notes harder.
Sleuth, an early stage startup from three former Atlassian employees, wants to bring some much-needed order to the continuous delivery process. CRV led the round with participation from angel investors from New Relic, Atlassian and LaunchDarkly. "Sleuth is a deployment tracker built to solve the confusion that comes when companies have adopted continuous delivery," says CEO and co-founder Dylan Etkin.
Artisan Mid Cap Fund recently released its Q1 2020 Investor Letter, a copy of which you can download below. The fund posted a return of -11.55% for the quarter (investor class), outperforming their benchmark, the Russell Midcap Index which returned -27.07% in the same quarter. You should check out Artisan Mid Cap Fund’s top 5 […]
The Dow Jones Industrial Average lagged the Nasdaq as software and internet stocks gave the latter index an important boost.
Citi analyst Walter Pritchard launched coverage of Dropbox and Atlassian with Buy ratings and Zoom Video Communications and Smartsheet with Neutral ratings.
Atlassian announced today that it was acquiring Halp, an early-stage startup that enables companies to build integrated help desk ticketing and automated answers inside Slack. It was a big day for Halp, which also announced its second product today, called Halp Answers. The new tool will work hand in glove with its previous entry Halp Tickets, which lets Slack users easily create a Help Desk ticket without leaving the tool.
Today's 5 Stock Ideas: * Carnival (CCL) \- A play on recent heavy option and block trade volume. On Monday, the company announced it will return eight of its cruise ships to operations in August. * Beyond Meat (BYND) \- An earnings play. Will report quarterly results after the close Tuesday. * Atlassian (TEAM) \- A play on a software stock trading at new all-time highs. * Roku (ROKU) \- An earnings play on streaming. The company will report quarterly results after the close on Thursday. * Vornado (VNO) \- A play on a real estate operator. The company on Monday said "We have collected substantially all of the rent due for March 2020 and collected 90% of rent due from our office tenants for the month of April 2020 and 53% of the rent due from our retail tenants for the month of April 2020."See more from Benzinga * Benzinga Pro's Top 5 Stocks To Watch For Wed., Apr. 15, 2020: SONN, MAR, TSCO, CCL, LAKE * Benzinga Pro's Top 5 Stocks To Watch For Wed., Mar. 18, 2020: GIS, TSLA, BYND, ARMK, APRN(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Thank you for joining Atlassian's Earnings Conference call for the Third Quarter of Fiscal 2020. As a reminder, this conference call is being recorded and will be available for replay from the Investor Relations section of Atlassian's website following this call. On the call today, we have Atlassian's Co-Founders and Co-CEOs Scott Farquhar and Mike Cannon-Brookes; our Chief Financial Officer, James Beer; and our President, Jay Simons.
Atlassian Corporation Plc's (NASDAQ:TEAM): Atlassian Corporation Plc, through its subsidiaries, designs, develops...
One way to trade Atlassian stock if you are bullish? Consider a cash-secured put option in TEAM stock and instantly receive income.
In this episode of Motley Fool Money, Chris Hill chats with Motley Fool analysts Jason Moser, Andy Cross, and Aaron Bush about the latest news from Wall Street and they go through some earnings reports from a variety of industries. To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center. Chris Hill: We're going to begin, once again, with the big macro.
Enterprise software stock Atlassian (TEAM) has announced that it is acquiring Halp, a provider of a conversational ticketing solution that enables users to create help tickets directly from messaging tools like Slack and Microsoft Teams.Financial terms of the deal were not disclosed.Halp started building on top of the Slack platform in 2017 and honed in on the opportunity to rethink help desk ticketing in a message-based world. It then integrated with TEAM’s Jira Service Desk and Zendesk so that organizations could get up in running in minutes without having to change infrastructure.“Although we anticipate the revenue impact to be de minimis (given its seed-stage funding), we believe the acquisition helps further the feature/functions of TEAM’s Jira Service Desk” comments Needham analyst Jack Andrews.He believes customers have acquired a plethora of SaaS solutions and are now looking for methods to integrate an array of tools to deliver a more seamless experience (i.e. customers of Halp can publish tickets to Jira Service Desk without leaving Slack).Andrews has a hold rating on Atlassian, explaining: “Despite our positive view on TEAM’s fundamentals and what appears to be a significant market opportunity runway for its solutions, we maintain our valuation-based HOLD rating.”Indeed, TEAM stock has rallied over 46% on a year-to-date basis. And as a result, the stock’s average analyst price target of $164 indicates 6% downside potential from the current share price.However its Strong Buy analyst consensus remains, with 7 recent buy ratings vs 2 hold ratings. (See TEAM’s stock analysis on TipRanks).Related News: Datadog (DDOG) Is a Winner, but the Stock Is Fairly Valued Here, Says 5-Star Analyst PayPal Seeks To Raise Further $4B; Fitch Affirms ‘BBB+’ Rating Uber Rejects GrubHub’s All-Stock Proposal – Report More recent articles from Smarter Analyst: * Expedia Q1 Gross Bookings Plunge 39%, And Worse To Come * Tesla Drops Alameda County Lawsuit Over California Plant Reopening * Shopify Reveals Multiple New Features At Virtual Reunite Event, Stock Now Up 95% YTD * Google Cloud Wins Cyber Security Contract With U.S. Defense Department
The Dow Jones Industrial Average lags stronger moves by the Russell 2000 and the Nasdaq; yet it's making a solid rebound off its 50-day moving average.
Software growth stocks feasted on cloud computing, digital transformation and AI projects. Amid the coronavirus emergency, software stocks with subscription-based, recurring revenue stand out.
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]
Q3 2020 Atlassian Corporation PLC Earnings Call
Adobe and Microsoft are among software stocks holding up well. Adobe stock is just below a buy point. So is Microsoft stock.
Stock futures sold off on Apple, Amazon and President Trump's new China tariff threat. Tesla extended losses.