KeyBanc starts Atlassian stock with Sector Weight, eyes cloud transition impact

On Tuesday, KeyBanc initiated coverage on Atlassian (NASDAQ:TEAM) Corporation stock (NASDAQ:TEAM), assigning a Sector Weight rating. The firm highlighted Atlassian\'s strong position in the developer collaboration market, particularly with its Jira Software and Confluence products. KeyBanc sees a long-term growth opportunity for Atlassian as it transitions from data center (DC) to cloud-based services and expands...

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Negative equity, Logindo Samudera Makmur to hold private placement

JAKARTA. PT Logindo Samudera Makmur Tbk (LEAD), an oil and natural gas services company, will carry out additional capital without granting pre-emptive rights (PMTHMETD) or private placement. This corporate action was carried out by LEAD in the context of financial restructuring. Currently, the companys net working capital is recorded at minus US$3.02 million, with total...

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Big Bitcoin Price Swings Wipeout Traders as ETF Buyers Battle Profit-taking Sellers – Where is BTC Headed Next?

The Bitcoin (BTC) price saw big swings on Friday, with droves of traders on both the bullish and bearish sides getting their positions wiped out as US spot Bitcoin ETF buyers continue to battle against profit-taking sellers. BTC began Friday’s session above $71,000 before selling off sharply during Asian trading session. Having dropped to as...

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