Finance

Collaboration software provider Atlassian experienced its largest single-day percentage surge ever, skyrocketing over 35% after forecasting quarterly revenues above Wall Street targets. Similarly, Airbnb climbed more than 15% following an earnings report that exceeded top- and bottom-line projections, helping push the broader Nasdaq composite up by 1.3%.

Gold prices jumped over 2% to top $4,300 per ounce, marking its strongest weekly performance in months as the U.S. dollar moved toward a six-week low. Simultaneously, silver futures climbed roughly 5% in a broad-based commodity rally triggered by falling Treasury yields and escalating geopolitical friction in the Middle East.

Bitcoin and Ethereum traded higher following the contractions seen in the July nonfarm payrolls report. Bitcoin surpassed the $65,000 mark during intraday trading, holding onto its weekly gains as investors renewed their appetite for risk assets under the prospect of a more lenient central bank policy.