Many in the finance world had written off Atlassian as a canary in the coalmine for the tech industry amid an AI revolution, but the Australian-American software giant has left them with egg on their faces this morning.

Shares jumped 35 per cent higher in extended trading on Thursday (Friday AEST), as Mike Cannon-Brookes announced results that soothed investor doubts.

Atlassian stock skyrockets more than 30% as cloud growth roars back - SiliconANGLE