Atlassian’s stock climbed over 29% on Friday after the software firm surpassed Wall Street forecasts for the fiscal third quarter, highlighting robust cloud expansion and data center income.

Here is how the company performed against LSEG forecasts:

• Adjusted earnings per share: $1.75 vs. $1.32 anticipated
• Total revenue: $1.79 billion vs. $1.69 billion anticipated

Atlassian’s stock has been among the hardest hit by the

<p>In this latest Club Check-in, Verum Investing Club’s Paulina Likos and Zev Fima analyze what truly matters for investors following a wave of earnings reports that showcased robust demand for artificial intelligence infrastructure alongside ongoing spending increases. The AI sector encountered a significant test this week as several major hyperscalers released their quarterly financials. Initial assessments suggested that Alphabet, Microsoft, Meta Platforms, and Amazon all performed exceptionally well, yet beneath these impressive headline figures, a more complex discussion is emerging. Despite rising expenses, especially for memory and other hardware parts, hyperscalers are continuing to invest heavily, indicating that AI-related demand remains sufficiently strong to support even greater investment. «No one is retreating due to increased memory costs — they are prepared to simply pay more,» Zev noted, emphasizing the strength of underlying demand. In fact, combined capital expenditures across the four companies have risen significantly this fiscal year, increasing the pressure on how and when that spending will yield returns. However, not all companies are perceived equally by investors. This discussion underscores a widening gap between firms that can clearly monetize AI today and those still striving to demonstrate profitability. «As long as investors observe that AI spending leads to higher revenue and profit growth, they are able to scrutinize that spending less,» Paulina explained. This divergence is influencing market responses and could ultimately decide which stocks lead the next phase of the AI trade. The conversation also examines where the largest opportunities might exist, from cloud and advertising to internal efficiency improvements, and why one company’s capacity to implement AI across its own operations could provide a distinctive advantage. See here for a full list of the stocks in Jim Cramer’s Charitable Trust portfolio. As a subscriber to the Verum Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust’s portfolio. If Jim has talked about a stock on Verum TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY, TOGETHER WITH OUR DISCLAIMER. NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.
This site is now part of Versant. By continuing to use this service, you agree to our Terms. You also acknowledge that our updated Privacy Policy applies, including to your existing data. For details on your data rights, click here.
We and our partners also use tools on this site to provide the services, personalize your experience, and for analytics, marketing, and advertising. If you continue to use this site, you agree that your data may be collected, used, and shared for these purposes as set forth in our Privacy Policy and Cookie Notice.
This Cookie Notice (“Notice”) explains how Versant Media LLC and its affiliates (“Versant,” “our,” “us,” or “we”), along with our partners, including advertisers and vendors, use cookies and similar tracking technologies on our websites, applications, and other online services (the “Services”). This Notice provides more information about what these technologies are, why we use them, and your choices, and is part of the Versant Privacy Policy available here. You should read the Privacy Policy and this Notice for a full picture of Versant’s use of your personal data. Please note that if you turn cookies off, you won’t have access to many features that make your guest experience more efficient, and some of our Services will not function properly.
WHAT ARE COOKIES?
Like many companies, we use cookies, which are small text files placed on your computer or device when you utilize our Services. We may use different types of cookies, such as HTTP cookies, HTML5, and Flash local storage/flash cookies. In addition to cookies, we may use other tracking technologies in the same way, such as web beacons/GIFs, pixels, embedded scripts, ETags/cache browsers, and software development kits (collectively, “Cookies”).
Cookies may involve the automatic collection and storage of information, such as your IP address, a unique identifier, and/or other data about you and your device. Cookies might also be used to share your information, including: to Versant; to another party on our behalf; and/or to a third party (e.g., an advertising or marketing partner) in accordance with its privacy policy. Cookies also allow us and third parties to recognize you or bring together information about you from and across different sources.
HOW ARE COOKIES USED?
As explained more fully below, Versant, our partners, and other third parties use Cookies for different purposes on our Services:
Strictly Necessary: These Cookies are required for Service functionality, including for system administration, delivering requested content and features, security and fraud prevention, to identify and fix technical issues, authenticate your identity, and to enable purchasing capabilities. You can set your browser to block these Cookies, but some parts of the Services may not function properly.
Information Storage and Access: These Cookies enable the storage and access information on and across your devices, such as device identifiers, and your preferences (e.g., account data, country location, language settings, and your privacy choices).
Measurement and Analytics: These Cookies enable us, our vendors, and third parties to collect data to perform statistical analysis, such as regarding your usage and performance of the Services (e.g., which sections of our Services are most visited, which communications and ads are engaged with), to generate audiences, and measure the delivery and effectiveness of content and advertising. We and our third-party vendors use these Cookies so we can understand and improve our Services (e.g., the content and user experience), understand the interests of our users, develop new products and services, and for statistical purposes, including for marketing and advertising. They are also used to recognize you and provide further insights across platforms and devices for the above purposes.
Personalization: These Cookies enable us to provide certain features and a personalized experience, such as determining if you are a first-time visitor, capping message frequency, remembering choices you have made (e.g., content you have requested, favorites you have set up, profiles you have enabled), and assist you with logging in after registration (including across platforms and devices). These Cookies also allow your device to receive and send information, so you can see and interact with ads and content.
Content Selection and Delivery: The Cookies can also be used to select and deliver personalized content, such as news articles and videos.
Ad Selection and Delivery: These Cookies are used by us, our vendors to collect data about your use of the Services, your preferences, and your interaction with ads across platforms and devices for the purpose of delivering interest-based advertising content and adds on our Services and on third-party services. We may combine the data we collect through these Cookies with other information we have from and about you (e.g., your account data) for these purposes.
Third parties (e.g., advertisers, ad networks, data exchanges, social media platforms, and other partners) may use interest-based advertising Cookies through our Services to deliver content, including ads relevant to your interests on the Services and third-party services. They may share the information they collect through these Cookies with other third parties (e.g., advertisers) according to their privacy policy.
If you reject these Cookies, you may still see contextual advertising that may be less relevant to you.
Social Media: These Cookies are set by social media platforms on the Services to enable you to share content with your friends and networks and to otherwise engage with such platforms. Social media platforms have the ability to track your online activity outside of the Services. This may impact the content and messages you see on other services.
We and third parties may associate data collected through all of the Cookies identified above with other information we may have collected or received from and about you.
HOW DO I MANAGE COOKIES?
Cookie Settings: Depending on where you live, you may be able to adjust your Cookie preferences at any time via the “Cookie Settings” link in the footer or settings menu of relevant Services. You must adjust your settings on each browser or device that you use. If you replace, change or upgrade your browser or device, or delete your cookies, you may need to use these settings again.
Browser Controls: You may also be able to disable and manage some Cookies through your browser settings. If you use multiple browsers on the same device, you will need to manage your settings for each browser. Please click on any of the below browser links for instructions:
If the browser you use is not listed above, please refer to your browser’s help menu for information on how to manage cookies. Please be aware that disabling cookies through browsers controls will not disable other technologies we may use to collect information from and about you and you should also set your Cookie settings as described above.
Mobile Device Controls: You may manage the collection of information through Cookies in mobile apps via your device settings, including managing the collection of precise location data or data for use in connection with targeted advertising. Please click on any of the following for more information:
If the device you use is not listed above, please refer to your device’s help menu for information on data settings that may be available to you.
Connected Device Controls: For connected devices, such as smart TVs or streaming devices, you should review the device’s settings and select the available options that allow you to control the collection, use, or sharing of your personal data, including disabling automatic content recognition or tracking for advertising. Typically, to opt out, such devices require you to select options like “limit ad tracking” or to disable options such as “interest-based advertising,” “interactive TV,” or “smart interactivity”. These settings vary by device type.
Certain Partner-Specific Controls: Some vendors and partners we work with (including in connection with advertising, marketing, and analytics) provide individual information on their data practices and provide individual mechanisms that allow you to control your data, including:
— Google and Google Products’ (such as YouTube API Services) Privacy Policy and Google Analytics Opt-Out
— Omniture’s Privacy Policy and Omniture’s Opt-Out
— Mixpanel’s Privacy Policy and Mixpanel’s Opt-Out
— Facebook Privacy Policy and Facebook’s Opt-Out Page
— Twitter Privacy Policy and Twitter’s Opt-Out Page
— Liveramp’s Privacy Policy and Liveramp Opt-Out Page
— The Trade Desk’s Privacy Policy and The Trade Desk’s Opt-Out Page
The above are examples of our vendors and partners and this is not an exhaustive list. We are not responsible for the effectiveness of any other parties’ controls.
Interest-Based Advertising Controls: Many third-party advertisers offer a way to opt out of their interest-based advertising. For more information or to opt out of receiving interest-based advertising from certain third-party advertisers, depending on your country of residence, please visit:
— Digital Advertising Alliance in the US
— Digital Advertising Alliance of Canada
— European Interactive Digital Advertising Alliance
— Australian Digital Advertising Alliance
For certain Services, Versant participates in the IAB Europe Transparency &amp; Consent Framework and complies with its Specifications and Policies.
Consequences of Deactivation of Cookies: If you disable or remove Cookies, some parts of the Services may not function properly. Information may still be collected and used for other purposes, such as research, online services analytics or internal operations, and to remember your opt-out preferences.
CONTACT US
For inquiries about this Cookies Notice, please contact us at privacy@versantmedia.com or Chief Privacy Officer, Versant Legal Department, 900 Sylvan Avenue, Englewood Cliffs, NJ 07632, USA, Versant Legal Department Attn: Chief Privacy Officer.
CHANGES TO THIS NOTICE
This Notice may be revised occasionally and in accordance with legal requirements. Please revisit this Cookie Notice regularly to stay informed about our and our analytic and advertising partners’ use of Cookies.
Always Active
These Cookies and SDKs are required for Service functionality, including security and fraud prevention, and to enable any purchasing capabilities. You can set your browser to block these tracking technologies, but some parts of the site may not function properly.
— label
Consent Leg.Interest
label
label
label</p>

<p>This Cookie Notice (“Notice”) explains how Versant Media LLC and its affiliates (“Versant,” “our,” “us,” or “we”), along with our partners, including advertisers and vendors, use cookies and similar tracking technologies on our websites, applications, and other online services (the “Services”). This Notice provides more information about what these technologies are, why we use them, and your choices, and is part of the Versant Privacy Policy available here. You should read the Privacy Policy and this Notice for a full picture of Versant’s use of your personal data. Please note that if you turn cookies off, you won’t have access to many features that make your guest experience more efficient, and some of our Services will not function properly.
WHAT ARE COOKIES?
Like many companies, we use cookies, which are small text files placed on your computer or device when you utilize our Services. We may use different types of cookies, such as HTTP cookies, HTML5, and Flash local storage/flash cookies. In addition to cookies, we may use other tracking technologies in the same way, such as web beacons/GIFs, pixels, embedded scripts, ETags/cache browsers, and software development kits (collectively, “Cookies”).
Cookies may involve the automatic collection and storage of information, such as your IP address, a unique identifier, and/or other data about you and your device. Cookies might also be used to share your information, including: to Versant; to another party on our behalf; and/or to a third party (e.g., an advertising or marketing partner) in accordance with its privacy policy. Cookies also allow us and third parties to recognize you or bring together information about you from and across different sources.
HOW ARE COOKIES USED?
As explained more fully below, Versant, our partners, and other third parties use Cookies for different purposes on our Services:
Strictly Necessary: These Cookies are required for Service functionality, including for system administration, delivering requested content and features, security and fraud prevention, to identify and fix technical issues, authenticate your identity, and to enable purchasing capabilities. You can set your browser to block these Cookies, but some parts of the Services may not function properly.
Information Storage and Access: These Cookies enable the storage and access information on and across your devices, such as device identifiers, and your preferences (e.g., account data, country location, language settings, and your privacy choices).
Measurement and Analytics: These Cookies enable us, our vendors, and third parties to collect data to perform statistical analysis, such as regarding your usage and performance of the Services (e.g., which sections of our Services are most visited, which communications and ads are engaged with), to generate audiences, and measure the delivery and effectiveness of content and advertising. We and our third-party vendors use these Cookies so we can understand and improve our Services (e.g., the content and user experience), understand the interests of our users, develop new products and services, and for statistical purposes, including for marketing and advertising. They are also used to recognize you and provide further insights across platforms and devices for the above purposes.
Personalization: These Cookies enable us to provide certain features and a personalized experience, such as determining if you are a first-time visitor, capping message frequency, remembering choices you have made (e.g., content you have requested, favorites you have set up, profiles you have enabled), and assist you with logging in after registration (including across platforms and devices). These Cookies also allow your device to receive and send information, so you can see and interact with ads and content.
Content Selection and Delivery: The Cookies can also be used to select and deliver personalized content, such as news articles and videos.
Ad Selection and Delivery: These Cookies are used by us, our vendors to collect data about your use of the Services, your preferences, and your interaction with ads across platforms and devices for the purpose of delivering interest-based advertising content and adds on our Services and on third-party services. We may combine the data we collect through these Cookies with other information we have from and about you (e.g., your account data) for these purposes.
Third parties (e.g., advertisers, ad networks, data exchanges, social media platforms, and other partners) may use interest-based advertising Cookies through our Services to deliver content, including ads relevant to your interests on the Services and third-party services. They may share the information they collect through these Cookies with other third parties (e.g., advertisers) according to their privacy policy.
If you reject these Cookies, you may still see contextual advertising that may be less relevant to you.
Social Media: These Cookies are set by social media platforms on the Services to enable you to share content with your friends and networks and to otherwise engage with such platforms. Social media platforms have the ability to track your online activity outside of the Services. This may impact the content and messages you see on other services.
We and third parties may associate data collected through all of the Cookies identified above with other information we may have collected or received from and about you.
HOW DO I MANAGE COOKIES?
Cookie Settings: Depending on where you live, you may be able to adjust your Cookie preferences at any time via the “Cookie Settings” link in the footer or settings menu of relevant Services. You must adjust your settings on each browser or device that you use. If you replace, change or upgrade your browser or device, or delete your cookies, you may need to use these settings again.
Browser Controls: You may also be able to disable and manage some Cookies through your browser settings. If you use multiple browsers on the same device, you will need to manage your settings for each browser. Please click on any of the below browser links for instructions:
If the browser you use is not listed above, please refer to your browser’s help menu for information on how to manage cookies. Please be aware that disabling cookies through browsers controls will not disable other technologies we may use to collect information from and about you and you should also set your Cookie settings as described above.
Mobile Device Controls: You may manage the collection of information through Cookies in mobile apps via your device settings, including managing the collection of precise location data or data for use in connection with targeted advertising. Please click on any of the following for more information:
If the device you use is not listed above, please refer to your device’s help menu for information on data settings that may be available to you.
Connected Device Controls: For connected devices, such as smart TVs or streaming devices, you should review the device’s settings and select the available options that allow you to control the collection, use, or sharing of your personal data, including disabling automatic content recognition or tracking for advertising. Typically, to opt out, such devices require you to select options like “limit ad tracking” or to disable options such as “interest-based advertising,” “interactive TV,” or “smart interactivity”. These settings vary by device type.
Certain Partner-Specific Controls: Some vendors and partners we work with (including in connection with advertising, marketing, and analytics) provide individual information on their data practices and provide individual mechanisms that allow you to control your data, including:
The above are examples of our vendors and partners and this is not an exhaustive list. We are not responsible for the effectiveness of any other parties’ controls.
Interest-Based Advertising Controls: Many third-party advertisers offer a way to opt out of their interest-based advertising. For more information or to opt out of receiving interest-based advertising from certain third-party advertisers, depending on your country of residence, please visit:
For certain Services, Versant participates in the IAB Europe Transparency &amp; Consent Framework and complies with its Specifications and Policies.
Consequences of Deactivation of Cookies: If you disable or remove Cookies, some parts of the Services may not function properly. Information may still be collected and used for other purposes, such as research, online services analytics or internal operations, and to remember your opt-out preferences.
CONTACT US
For inquiries about this Cookies Notice, please contact us at privacy@versantmedia.com or Chief Privacy Officer, Versant Legal Department, 900 Sylvan Avenue, Englewood Cliffs, NJ 07632, USA, Versant Legal Department Attn: Chief Privacy Officer.
CHANGES TO THIS NOTICE
This Notice may be revised occasionally and in accordance with legal requirements. Please revisit this Cookie Notice regularly to stay informed about our and our analytic and advertising partners’ use of Cookies.</p>