Author: Press Room

Atlassian (NASDAQ:) Corporation (NASDAQ:TEAM) Co-CEO and Co-Founder, Scott Farquhar, has recently sold a significant amount of company stock, transactions totaling over $1.5 million. The shares were sold on March 22, 2024, under a prearranged trading plan.The sales were executed in multiple transactions at varying prices. The shares were sold at prices ranging from $192.18 to $194.72, reflecting the dynamic nature of the market on the day of the sale. The total value of the shares sold by Farquhar amounted to approximately $1,588,326.Investors often keep a close eye on insider transactions as they may provide insights into the executive’s view of…

When a spouse or life partner dies, it’s only natural that the survivor will be grieving and lonely. To add injury to insult, the survivor usually also experiences a money crunch. And the odds are the survivor will be a woman in her 80s or 90s, when she’ll be less resilient to deal with the challenges. Like all retirement planning challenges, you’ll do better with a plan! Let’s take a look. What Is The Retired Widow’s Money Crunch? The financial challenge for survivors is that their retirement income usually drops significantly after one spouse or partner passes away, yet most…

Mortgage rates increased slightly this week as demand continues to wane amid the ongoing housing affordability crisis. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage rose to 6.82% this week from 6.79% last week. The average rate on a 30-year loan was 6.28% a year ago.At the same time, the average rate on the 15-year fixed mortgage ticked down to 6.06% after coming in last week at 6.11%. One year ago, the rate on the 15-year fixed note averaged 5.64%. REAL ESTATE EXPERT WARNS ‘NO SIGNS’ HOUSING AFFORDABILITY WILL…

Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. During the week of Apr. 15, 2024, average private student loan rates increased for borrowers with credit scores of 720 or higher who used the Credible marketplace to take out 10-year fixed-rate loans and 5-year variable-rate loans. 10-year fixed rate: 10.45%, up from 9.40% the week before, +1.055-year variable rate: 7.75%,…

Check out the companies making headlines in midday trading: Microsoft — Shares jumped 2% after the tech giant reported better-than-expected fiscal third-quarter results as its Azure business continued to show momentum. Alphabet — The Google parent company rallied 10%. Alphabet posted first-quarter results that topped estimates and authorized its first-ever dividend, as well as a $70 billion buyback. Earnings of $1.89 per share beat the $1.51 in earnings per share anticipated by analysts polled by LSEG. Revenue of $80.54 billion surpassed expectations of $78.59 billion. Exxon Mobil — The energy stock fell more than 2% after Exxon Mobil posted first-quarter…

Intel’s long-awaited turnaround looks farther away than ever after the company reported dismal first-quarter earnings. Investors pushed the stock down 10% on Friday to their lowest level of the year.Although Intel’s revenue is no longer shrinking and the company remains the biggest maker of processors that power PCs and laptops, sales in the first quarter trailed estimates. Intel also gave a soft forecast for the second quarter, suggesting weak demand.It was a tough showing for CEO Pat Gelsinger, who’s early in his fourth year at the helm.But Intel’s problems are decades in the making.Before Gelsinger returned to the company in…

Arianna Smith is juggling a lot right now. Smith is editor-in-chief of The Lantern, Ohio State University’s student-run newspaper, which has scrambled in recent days to cover pro-Palestinian protests roiling the campus. It’s also finals week, and in the coming days the newspaper’s staff will transition to the next year’s staff. But the news doesn’t account for exams. “We have had reporters and editors drop everything they are doing [to cover the story], even though they have finals that they should be studying for,” Smith told CNN. As universities across the country crack down on demonstrations over Israel’s military actions in Gaza and police arrest hundreds of…

Last updated: April 26, 2024 11:21 EDT | 3 min read The Fidelity Wise Origin Bitcoin (FBTC) ETF, a key player in the spot Bitcoin exchange-traded fund (ETF) market, experienced a significant setback on Thursday, with a first day of net outflows since launch. It recorded a noteworthy outflow of nearly $23 million, marking a significant event in the cryptocurrency market.This outflow trend, the first of its kind since its introduction in January, had a ripple effect beyond Fidelity Bitcoin ETF. It impacted other prominent funds in the cryptocurrency market, painting a broader picture of the market’s current state.On the…

The biggest lottery jackpot ever won, a huge prize of $2.04 billion, was in California in 2022. A New Jersey winner just set a Mega Millions jackpot record: an estimated $1.13 billion. In 2019, a North Carolina man won $344 million after using numbers from a fortune cookie. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app A Mega Millions lottery ticket winner in New Jersey just set a record for the biggest jackpot in the state and what could be the fifth-largest jackpot in the history of Mega…

A new iPhone update suggests a Palestinian flag emoji when users type ‘Jerusalem.’Apple says the change was unintentional and promised to rectify it in a future update.But many Israel supporters online were furious with the change. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app A new software update means that iPhone users in Britain who type in “Jerusalem” are now presented with a Palestinian flag emoji.The change resulted from an Apple feature called predictive emoji, which suggests emojis based on typed words.According to Apple, the change was unintentional,…