Atlassian (TEAM) builds simple, powerful tools that help teams collaborate and get work done. The company's portfolio includes Jira for project tracking, Confluence for team knowledge sharing, Trello for visual task boards, and Loom for quick video updates. Over 300,000 customers — including 80% of Fortune 500 firms — rely on Atlassian to ship faster, solve issues, and align efforts. Founded in 2002, Atlassian is headquartered in Sydney, Australia, with a U.S. base in San Francisco, California serving cl ...

US stock market crash today: U.S. stocks traded lower on Monday as investors stepped back ahead of a heavy slate of economic data that could shape the Federal Reserve’s next move. Major indexes slipped into the red by mid-morning, extending last week’s tech-led pullback. The Dow Jones Industrial Average fell 122 points, or 0.25%, to 48,335. The S&P 500 slipped 0.33% to 6,804, while the Nasdaq Composite dropped 0.68% to 23,038. Traders stayed cautious as markets braced for delayed jobs, inflation, and retai ...

AI Market Competition & Dynamics - Google's Gemini 3 has leapfrogged OpenAI in LLM performance, intensifying competition in the AI space [4] - The AI sector is becoming a "blood sport" among large, capitalized organizations, increasing the risk of overspending and outdoing each other [4] - Rotation into Google and Broadcom from Nvidia and Oracle indicates investors are acknowledging risks in the AI space [6] - OpenAI's $1.4 trillion spending commitments are causing uncertainty among investors, especially with Google's advancements [7] - Google's integration of Gemini into its search engine allows it to compete with ChatGPT while maintaining its ad revenue stream [20][21] Impact on Companies - OpenAI's potential decline could negatively impact the broader AI ecosystem and related trades [13][15] - Meta is positioned as a strong player in AI, not heavily reliant on OpenAI and capable of funding its own projects [17][18] - AMD shareholders should be concerned if OpenAI cannot deliver on its commitments, potentially affecting AMD's deal with OpenAI [19] - Nvidia's stock fell upon reports of Google and Meta's potential deal with Google's TPUs, indicating market sensitivity to AI chip competition [19] Macroeconomic Factors - The Fed's actions are becoming less relevant, with a large balance sheet and potential rate cuts adding fuel to a speculative environment [9][10][11]

Core Viewpoint - Apple and OpenAI are seeking to dismiss a lawsuit filed by Elon Musk's xAI, which alleges that they conspired to hinder competition in the market [1] Group 1 - The lawsuit claims that Apple and OpenAI engaged in illegal activities to suppress competition [1] - xAI, founded by Elon Musk, is focused on artificial intelligence and has raised concerns about competitive practices in the industry [1] - The case highlights ongoing tensions in the tech sector regarding competition and collaboration among major players [1]

Is Google screwed? That's the $2 trillion question the tech world is trying to understand, following yesterday's blockbuster news: A top Apple executive said search queries on Google's Safari browser were declining because people were using AI engines like ChatGPT instead.Investors immediately acted as if Google's astonishing run at the top of the tech heap was over, and slashed the company's stock by more than 8%. But a day later, Google's stock is climbing back up a bit, and there's a healthy debate a ...