Atlassian Corp-Cl A

UiPath shares tumbled 8.7% in late trading, leading a broad software selloff fueled by fears of AI disruption and a decelerating revenue outlook, overshadowing its first profitable year.

Oracle's massive AI-driven revenue forecast has reinvigorated the artificial intelligence trade, lifting tech stocks premarket. Adobe's upcoming earnings will provide a critical read on software AI demand.

Atlassian has launched guided migration tools for shifting Jira and Confluence data to its Government Cloud, alongside new admin controls for session timeouts. The update precedes a March 30, 2026 deadline for new Data Center subscriptions.

Intuit shares dropped 1.4% to $394.06, continuing a two-day slide as software stocks retreated. Investors are scrutinizing returns on AI investments ahead of key economic data.