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A potential deal to lift the U.S. debt ceiling could spur money managers to pare holdings in the massive technology and growth stocks that have been havens this year and shift into the rest of the market, some investors believe.

Shares of software project collaboration firm Atlassian ( NASDAQ:TEAM ) were one of the victims of the tech sell-off of 2022. Though the company can leverage generative artificial intelligence (AI) to help improve its platform, I'm not sure such innovations will save the stock as negative momentum picks up again. At writing, the stock is down around 69% from its 2021 all-time highs. Despite the painful plunge, it remains difficult to gauge how much value there is to be had in the Australian tech firm that's dominated the "software development software" niche for many years. Collaboration tools and productivity software are tough places to be in these days. Given the large number of uncertainties facing Atlassian's niche market, I remain neutral on the stock. Though I am impressed with management's track record and the firm's dominance among software development teams, I view AI as more of a disruptor than a source of an edge. AI will probably take down many moats, and at this juncture, I'm not sure how effectively Atlassian can pivot as AI affects not only the collaboration software market but the software development profession itself. Atlassian Embraces AI, but That May Not be Enough The advent of AI could change the tides in a way that may not be favorable to Atlassian. Even with the recently-announced plans to bring in OpenAI's ChatGPT technology to the Atlassian ecosystem, the market seems unconvinced about the company's future trajectory. Looking more into the future, the growing number of AI coders may stand to displace a large number of human software developers over the coming years. Many big-tech firms are betting big on AI coders. Currently, GitHub Copilot looks to have an early lead in the space. Also, with Amazon ( NASDAQ:AMZN ) and Alphabet ( NASDAQ:GOOGL ) recently introducing Code Whisperer and Duet AI, it certainly seems like the race to automate programmers is on. At this juncture, many co-programming AIs could place more emphasis on good cybersecurity practices. AI coders may be able to build you a piece of software in record time, but doing it securely is another task entirely. Amazon Code Whisperer touts its impressive code security scanner that can help detect and fix potential vulnerabilities in code. With the Open Worldwide Application Security Project (OWASP) body of knowledge at its fingertips, we may witness AI coders doing things more securely the first time. It may be too early to say what the longer-term implications are for human programmers. Regardless, I wouldn't rule out anything at this juncture as new AI software, tools, and functionality continue to drop by the week. The disruptive impact of AI has the potential to be profound. Who would have thought OpenAI's ChatGPT would unleash the AI genie from the bottle? Of course, an argument can be made that humans will always do better than machines in terms of coding, especially regarding cybersecurity protocols. Humans bring forth a level of creativity that an AI system may be unable to. In any case, I still believe a bear-case scenario — one that sees AI eating into demand for software developers — should be considered. Fewer developers could translate to fewer licenses for collaboration software. And if the once far-fetched concept of a one-person software-development team comes to be as a result of AI, the roadmap for Atlassian becomes that much hazier. Is Atlassian Stock a Buy, According to Analysts? Turning to Wall Street, TEAM stock comes in as a Moderate Buy. Out of 18 analyst ratings, there are 10 Buys and eight Hold recommendations. The  average Atlassian stock price target is $173, implying upside potential of 16.8%. Analyst price targets range from a low of $130 per share to a high of $215 per share. The Bottom Line on TEAM Stock Looking ahead, expectations are muted for the fiscal fourth quarter. The company plunged following the below-expected guidance calling for revenue to fall in the $900 million to $920 million range. Indeed, recession headwinds may be mostly to blame for now, but it may be just a matter of time before AI's disruptive impact works its way into the results. With OpenAI being integrated alongside Atlassian products, AI may act as more of a tailwind until it becomes more of a headwind. At around 11.3 times trailing price-to-sales (P/S), shares are pretty much in line with the software industry average. The valuation may be more palatable but headwinds and profound uncertainty remain. Disclosure

(RTTNews) - Tech giant Amazon.com's (AMZN) Amazon Web Services intends to invest $12.7 billion into India's cloud infrastructure by 2030, in a significant move aimed at addressing the escalating demand for cloud services in the country.

We’ve learned a lot from earnings season so far, primarily that we haven’t faced the ‘earnings apocalypse’ many foretold and warned us of.  

Meta Platforms on Thursday shared new details on its data center projects to better support artificial intelligence work, including a custom chip "family" being developed in-house.

Since the debut of ChatGPT late last year, consumers and investors alike have been enthralled with the potential of artificial intelligence (AI) and more specifically, the advances in large-language models that power next-generation chatbots.

The hot run for the technology sector is back and dominating the stock market rally once again. The combination of easing inflation, upbeat corporate earnings, the regional bank crisis and the adoption of new-era technologies have been driving the sector higher.The rally

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

The Invesco QQQ Trust ( QQQ ) ETF ( Exchange-Traded Fund) has advanced more than 24% so far in 2023, outperforming the 8% rise in the S&P 500 Index ( SPX ). Even after the solid year-to-date run, technical indicators reveal further upside. QQQ tracks the Nasdaq-100 Index ( NDX ), providing investors exposure to many leading technology stocks. It comprises companies that are at the forefront of innovation and are focusing on attractive themes like cloud computing, augmented reality, mobile payments, streaming services, and electric vehicles. The top three sectors that QQQ offers exposure to are tech, consumer discretionary, and healthcare, with the tech sector stocks accounting for nearly 66% of the ETF. Microsoft ( MSFT ), Apple ( AAPL ), and Amazon ( AMZN ) are the top three holdings of QQQ. It is interesting to note that QQQ has outperformed the S&P 500 Index in nine of the last 10 years. Furthermore, QQQ has a low expense ratio of 0.20%, which makes it an attractive ETF investment. What do Technical Indicators Signal? QQQ is a Buy based on TipRanks’ easy-to-understand summary signals that combine the moving averages and technical indicators into a single, summarized signal. According to TipRanks’ Technical Analysis tool, the Invesco QQQ Trust ETF’s 50-Day EMA (exponential moving average) is 314.21, while its price is $331.12, making it a Buy. Further, QQQ’s shorter duration EMA (20-day) also signals a bullish trend. Aside from technical indicators, analysts’ consensus also indicates further upside. As per 1,697 analysts providing ratings on QQQ's Holdings, the ETF is a Moderate Buy and the average price target of $365.90 implies 10.5% upside. Further, of the 1,697 analysts offering recommendations on QQQ’s 102 holdings, 66.65% have a Buy rating, 29.4% have a Hold rating, and nearly 4% have a Sell rating. Overall, QQQ is a Buy as per technical indicators and Wall Street analysts. Moreover, according to TipRanks’ Smart Score System, QQQ has a smart score of 8 out 10, which indicates that the ETF could outperform the broader market over the long term. Disclosure

Below is Validea's guru fundamental report for AMAZON.COM, INC. (AMZN). Of the 22 guru strategies we follow, AMZN rates highest using our P/B Growth Investor model based on the published strategy of Partha Mohanram. This growth model looks for low book-to-market stocks that exhi

The e-commerce landscape is dominated by behemoths like Amazon and Walmart. However, there are a number of rising players that have made inroads. One of them is Shopify (NYSE: SHOP). If you have ever clicked on an advertisement on Facebook or Instagram and subsequently made a pur

Retiring a millionaire is a goal for many investors, because it is a threshold many feel is necessary to retire comfortably. While it's possible to reach this status with market-tracking funds like ETFs, individual stocks can achieve this goal much faster by picking the correct o

For Immediate ReleaseChicago, IL – May 18, 2023– Zacks Director of Research Sheraz Mian says, "Earnings estimates for full-year 2023 appear to have reversed course lately after consistently coming down for almost a year from the April 2022 peak."

Google parent company Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) is no stranger to artificial intelligence (AI). The technology giant made it a focus years ago, using AI to improve everything from its searches to its offerings to potential advertisers. And just last week, Alphabet w

Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) has had a banner year so far in 2023, riding the wave of a broad recovery among technology stocks. Shares of the search giant are up 35% so far this year, roughly five times the 7% gains of the S&P 500. This is in stark contrast to the

Are you seeking a relatively safe way to invest in this uncertain economic environment? In that case, investing in one of the mega-cap FAANG stocks is an excellent idea, as they have the resources to weather any market downturn.

Launched on 07/24/2000, the iShares Core S&P U.S. Value ETF (IUSV) is a smart beta exchange traded fund offering broad exposure to the Style Box - All Cap Value category of the market.

To quote the great Warren Buffett: "Be fearful when others are greedy, and greedy when others are fearful." I'm sure investors would prefer not to experience down periods, but they can bring good opportunities. Chaos in the madness, if you will.

There are some stocks you can buy that are almost guaranteed to grow over the long term thanks to the innovative nature of their businesses. The tech market is an excellent place to find such stocks, as the industry is in a near-constant state of development. As a result, investi

You don't have to be a billionaire to invest like Warren Buffett. Actually, you don't need much money at all to follow in the legendary investor's footsteps.