Shares in Australia's Atlassian surge 33% as sales growth quells AI fears

MarketsSoftware company shed staff in March after 'Saaspocalypse' market shiversMike Cannon-Brookes, CEO of Atlassian, says customers are gaining real value from the software and services company embedding AI directly into their workflows. (Nikkei montage/Source photos by Reuters and Getty Images)SHAUN TURTONAugust 7, 2026 14:23 JSTCANBERRA -- Australia-founded software giant Atlassian's shares surged by a third after strong results reassured investors on its positioning in the age of artificial intelligence.