The A.I. Daily
AI SaaS fears overblown; Atlassian triples from low
Wall Street feared AI would disrupt the SaaS model, sending the iShares Expanded Tech-Software ETF down as much as 36% from its 2025 record high. But software firms like Atlassian posted strong results, with its stock up over 200% from April's $57 low as its Rovo AI platform is embedded in Jira and Confluence.