“#Atlassian’s stock has been among the hardest hit by the “#SaaSpocalypse”, a term coined to describe the #SellOff of software-as-a-service companies seen to be most threatened by #AI. In #Australia, it has been dubbed a “#SaaSaccre”.
#USA listed Atlassian is the worst performer of the #Nasdaq100 this year, losing more than half of its value since the start of January. The company, which trades under the ticker #TEAM, commanded a market capitalisation of $116bn five years ago but is now worth $20bn.”
If Atlassian made its fortune on worker collaboration, the AI #WhiteCollar movement will reduce people working and solve the “communication problem” between individuals.
Less workers, less #communication. Atlassian has a double whammy hit to its #business.
#ZeroHourWork / #work / #software <https://archive.md/CztkH> / <https://www.ft.com/content/206df66d-09ac-46b6-a3c6-a25aaf07eb8a?syn-25a6b1a6=1> (paywall)
Schaut euch das 5-Minuten-Momentum an! 🔥
Der Nasdaq-100 sprang zum Start mit einem Gap von 235 Punkten nach oben. Der Hype um die NVIDIA GTC 2026 trieb ihn kurz auf 22.521 Punkte.
Ein kurzer Rücksetzer wurde sofort gekauft – starke Unterstützung. Das wirkt wie institutionelle Käufe.
Für Short-Trader ein harter Start. Die KI-Rally könnte weitergehen. 📈🚀
Of course Mr. Musk, oh yes Mr. musk, your desires are commands Mr. Musk........
🤮
"Crucially, the company will be entirely exempt from the standard seasoning and liquidity requirements."
"So, on Day 15, passive Nasdaq-100 ETFs (like the QQQ) and mutual funds are mathematically forced to buy allocations of this stock as if it were, in the 5% example, a $438 billion company."
“If you’re playing a poker game and you look around the table and can’t tell who the sucker is, it’s you.” - Paul Newman
https://keubiko.substack.com/p/nasdaqs-shame
#nasdaq #nasdaq100 #spacex #ipo #marketmanipulation #sp500 #stocks
Life Japan
Japan Pop News
Walk News
Don Curren 🇨🇦🇺🇦
TKHUNT
☮ ♥ ♬ 🧑💻
Anna Müller
Yvan ー イボん 🗺️ 
