INTU
NASDAQ · Technology
Intuit Inc
$257.77
-9.23 (-3.46%)
INTU News30 articles
Dow Holds Near Highs as AI Rally Splits Winners and Losers
HPE and Marvell lead AI rally; Alphabet falls on $80B equity sale for AI infrastructure. Dow inches higher as investors weigh spending against returns.
Intuit Cuts 3,000 Jobs, Shifts Focus to AI Amid TurboTax Competition
Intuit is cutting 3,000 jobs and closing offices in Reno and Woodland Hills as it restructures around AI. The company raised full-year revenue guidance but lowered its TurboTax outlook due to competition from cheaper AI tools.
Oil Rally and Walmart Warning Drag Wall Street Lower
U.S. stocks declined Thursday as surging oil prices and higher bond yields weighed on sentiment. Nvidia slipped despite strong earnings, and Walmart dropped sharply.
Intuit Stock Plunges After TurboTax Revenue Cut and Major Layoffs
Intuit shares tumbled 13.4% in late trading after the company cut its TurboTax revenue forecast and announced 3,000 layoffs, overshadowing a profit beat.
Wall Street Edges Higher as Chip Stocks Rally Ahead of Nvidia's Earnings
U.S. stocks edged higher Wednesday, led by chip stocks ahead of Nvidia's earnings. The S&P 500 rose 0.18% while oil prices fell.
Intuit Q3 Earnings: AI Strategy Under Scrutiny as Stock Plunges 39%
Intuit reports fiscal Q3 results Wednesday, with shares down 39% over the past year. Analysts expect earnings of $12.57 per share on $8.54 billion revenue.
Tech Sell-Off Drags Nasdaq Lower as Treasury Yields Spike
U.S. stocks declined Tuesday, led by a 1.05% drop in the Nasdaq, as rising Treasury yields and elevated oil prices weighed on investor sentiment ahead of Nvidia earnings and Fed minutes.
Intuit Opens Credit Karma to Credit-Invisible Consumers, Launches QuickBooks HCM
Intuit opens Credit Karma to 17M credit-invisible adults and debuts QuickBooks Workforce HCM. Shares fell 4.4% ahead of fiscal Q3 results on May 20.
Intuit QuickBooks Workforce Expands into AI-Driven HCM, Shares Jump
Intuit launched QuickBooks Workforce, an AI-driven HCM tool for SMBs, expanding into hiring, onboarding, benefits, and performance management. Shares rose 4.8%.
Intuit Rises as Tax Season Results Loom Amid AI Concerns
Intuit shares climbed 3.3% on Friday, recovering some losses from an AI-driven selloff. Investors await fiscal Q3 results covering the peak tax season.
Palantir Stock Gains as ARK Invest Adds Shares Amid AI Sector Volatility
Palantir Technologies shares advanced nearly 2% premarket Monday following a significant purchase by Cathie Wood's ARK Invest. The move comes as the software sector faces pressure from emerging AI tools.
Snowflake Shares Tumble Amid AI Disruption Fears
Snowflake shares dropped 8.4% to $121.11 on Friday, extending losses after an 11.7% decline Thursday, as AI disruption fears sparked a sector-wide selloff.
Intuit Shares Slide on Spending Concerns Despite Analyst Upgrade
Intuit shares dropped nearly 4% Tuesday as investors focused on elevated spending forecasts overshadowing a bullish analyst upgrade and strong January-quarter results.
Xero Data Reveals U.S. Small Business Sales Slowdown, Canadian Contraction
Xero's latest data shows U.S. small business sales growth decelerated sharply to 0.9% year-over-year in the December quarter, with Canadian sales contracting 4.1%. The company cited tariff impacts and policy uncertainty.
Circle Stock Rises on Inflation Fears; CFO Sells Shares Under Plan
Circle Internet Group's stock advanced 5.8% to $101.76 in a volatile session, driven by its rate-sensitive USDC stablecoin business amid shifting inflation expectations. The company's CFO sold shares under a pre-scheduled trading plan.
Intuit Gains Amid Tech Rebound, Eyes on Spending and Jobs Data
Intuit shares advanced 2.45% to $419.06, with trading volume well above average. The company expects third-quarter adjusted earnings to fall short of estimates due to increased tax-season spending.
Intuit Shares Swing on Mixed Q2 Results, Soft Q3 Outlook
Intuit shares climbed 3.7% to $409.03 Friday before dropping roughly 4% in extended trading following third-quarter earnings guidance that fell short of analyst expectations. The company posted a 17% revenue increase for its second quarter.
Intuit Shares Surge Ahead of Q2 Earnings, AI Partnership in Focus
Intuit shares climbed more than 4% in Thursday trading, extending gains ahead of its fiscal second-quarter earnings report. Market attention centers on its new artificial intelligence alliance with Anthropic and early tax-season signals.
Intuit Shares Stabilize Near $400 Amid AI Sector Pressure
Intuit shares ended Friday's session up 0.36% at $399.40, stabilizing after recent declines. The stock remains down roughly 40% year-to-date as AI concerns weigh on software valuations.
Intuit Shares Steady Near $400 as AI Concerns Weigh Ahead of Earnings
Intuit shares closed slightly higher Friday but remain down roughly 40% in 2026 as AI fears pressure software stocks. Investors await the company's quarterly report on February 26.
Intuit Nears $400 as AI Fears Weigh Ahead of Earnings
Intuit shares closed slightly higher at $399.40 but remain down sharply for the year due to AI-related selling pressure. All eyes are on the company's fiscal Q2 report due February 26.
Intuit Shares Extend Decline Amid AI Return Concerns
Intuit shares dropped 1.4% to $394.06, continuing a two-day slide as software stocks retreated. Investors are scrutinizing returns on AI investments ahead of key economic data.
IBM Shares Tumble 6.5% Amid AI Disruption Fears and Rate Cut Uncertainty
IBM stock experienced its largest single-day decline on the Dow Jones Industrial Average, dropping 6.5% as software stocks faced pressure from AI automation concerns and shifting Federal Reserve expectations.
IRS Warns 2026 Tax Refund Delays Likely Without Accurate Direct Deposit Details
The IRS cautions that missing or incorrect bank information will hold 2026 refunds, with updates only accepted by mail. Most e-filed refunds arrive within 21 days, but delays could extend into March.
Intuit Shares Dip as Analysts Trim Targets Amid AI Uncertainty, Mailchimp Expansion Eyed
Intuit stock fell 0.7% to $434.58 after BMO and TD Cowen lowered price targets, citing tax-season trends and AI risks. Investors are monitoring Mailchimp's new ecommerce tools and the upcoming quarterly report.
Intuit Shares Decline Amid Divergent Analyst Views on AI Impact
Intuit stock fell 1.3% to $438.01 Monday, underperforming the software sector, as TD Cowen cut its price target citing AI concerns while Jefferies maintained a bullish stance.
SpaceX IPO Buzz Lifts Intuitive Machines, but Dilution and Contract Losses Linger
Intuitive Machines shares jumped 15.49% as space stocks rallied ahead of SpaceX's Nasdaq debut, but a $500M share sale and missed NASA rover contract pose risks.
Intuitive Machines Plunges 15% on $500M ATM Stock Sale Plan
Intuitive Machines shares fell 15.6% after announcing a $500 million at-the-market stock sale program, raising dilution concerns as the company seeks flexible funding for growth.
Intuitive Surgical Dips Despite Record Highs for Nasdaq and S&P 500
Intuitive Surgical shares slipped 3.1% last week to $424.64, even as the Nasdaq and S&P 500 reached new records. Q1 revenue rose 23% to $2.77 billion, but tariff risks and a drop in bariatric procedures kept investors cautious.
Intuitive Surgical Dips on Goldman Sachs Price Target Cut Amid Medtech Weakness
Intuitive Surgical shares slid over 4% after Goldman Sachs cut its price target to $558. The medtech giant posted strong Q1 revenue growth but faces tariff and competitive headwinds.