The Latest Breaking News from Intuit

Will artificial intelligence make financial advisors obsolete? It may be too soon to tell, but two-thirds of Americans are already using generative AI for financial advice, according to an Intuit Credit Karma survey released in September.

You could soon use Intuit products within ChatGPT, thanks to a multi-year partnership with OpenAI.

Shares of Intuit Inc (NASDAQ:INTU) rose sharply in pre-market trading after the company reported better-than-expected first-quarter financial results.

Despite Nvidia’s strong quarterly performance, the broader market struggled on Thursday. A robust U.S. jobs report, showing non-farm payrolls rising by 119,000 in September, dampened hopes for a December rate cut, as traders now see a 64% chance of the Fed holding rates steady.

December S&P 500 E-Mini futures (ESZ25) are up +1.12%, and December Nasdaq 100 E-Mini futures (NQZ25) are up +1.55% this morning as strong quarterly results and guidance from AI darling Nvidia boosted sentiment.

Intuit Inc (NASDAQ:INTU) is heading into the fiscal first-quarter with strong momentum in QuickBooks and TurboTax Live, even as economic pressure weighs on lower-income consumers.

Intuit Inc (NASDAQ:INTU) shares are trading higher on Tuesday after the company announced a partnership with OpenAI.

Intuit has significantly underperformed the broader market over the past year, yet analysts remain optimistic about the stock’s longer-term prospects.

Intuit finds many SMBs are being held back by technological hurdles, but AI can help pave the way to success.