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StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Needham Starts NeoVolta (NEOV) at Buy
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Atlassian (TEAM) Soars on Positive 4Q and CFO Appointment
August 5, 2022 11:04 AM EDTAtlassian Corp. (NASDAQ: TEAM) soared in pre-market trading Friday and is currently up almost 14% mid-day after the company reported 4Q results and offered some forward-looking commentary on the earnings call.
The Australian software company reported 4Q adjusted EPS of $0.27, compared to EPS of $0.24 in the year-ago period, in line with what analysts were expecting. Revenue came in at $757 million, up 35% YoY, ahead of the consensus projection of $723 million.
TEAM reported an EBIT of 14.4%, below the analyst consensus of 15.3%. TEAM also announced Joe Binz as the new CFO. Binz will... More
JPMorgan Starts Block Inc (SQ2:AU) (SQ) at Overweight
August 5, 2022 5:51 AM EDTJPMorgan analyst Tien-tsin Huang initiates coverage on Block Inc (SQ2:AU) (NYSE: SQ) with a Overweight rating and a price target of AUD153.00.
The analyst comments "We covered largely in-line results and a reiterated start of production (SOP) and cash burn guide in our reaction note. In this note we update our... More
