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The Latest Breaking News from Intuit

Intuit's Great SaaS Reset: Fired By AI

Intuit is aggressively shifting its corporate strategy toward artificial intelligence to streamline operations and unlock unprecedented margin expansion.

Stocks Are Choppy After Nvidia Earnings: Stock Market Today

Stocks Are Choppy After Nvidia Earnings: Stock Market Today

Poorly received earnings from blue-chip bellwethers Nvidia and Walmart kept a lid on the broad market's gains Thursday.

Intuit Is Slashing More Than 3,000 Jobs. Why Wall Street Is Punishing INTU Stock for the AI Pivot.

The layoffs will represent about 17% of its personnel.

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Intuit CFO on why the company is simplifying its structure

CFO Sandeep Aujla says Intuit is flattening management layers and reorganizing around AI, speed, and long-term growth.

Intuit Q3 Earnings Call Highlights

Intuit (NASDAQ:INTU) reported fiscal third-quarter revenue growth of 10% and raised its full-year outlook, while management outlined plans to reduce the company’s full-time workforce by 17% and adjust its approach to lower-income, price-sensitive tax filers. Chairman and CEO Sasan Goodarzi said the

Intuit to cut 17% of global jobs to streamline operations, memo shows

Intuit is cutting around 3,000 jobs globally. This move aims to simplify operations and boost focus on key areas, especially artificial intelligence. The company is integrating AI models from startups like Anthropic and OpenAI. This follows a trend of tech companies reducing staff this year. Employees in the US will…

The Economic Times

Dear Intuit Stock Fans, Mark Your Calendars for May 20

Investors are closely eyeing the stock which has fallen roughly 40% from its yearly high amid concerns over growth and valuation.

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ChatGPT Can Now Access Your Bank Account — As OpenAI Expands Into Personal Finance

ChatGPT Can Now Access Your Bank Account — As OpenAI Expands Into Personal Finance

OpenAI launches personal finance tools for ChatGPT Pro users in the US, enabling bank account connections for personalised financial insights. Privacy concerns arise over sensitive data handling.

International Business Times UK

Claude now connects to more everyday apps like Instacart, Spotify and Uber — here’s what you can do now

Claude now connects to more everyday apps like Instacart, Spotify and Uber — here’s what you can do now

Anthropic’s Claude AI tool has implemented a bunch of recognizable apps into its connector ecosystem that you probably already use regularly.

What to Expect From Intuit’s Q3 2026 Earnings Report

What to Expect From Intuit’s Q3 2026 Earnings Report

Intuit is expected to release its fiscal 2026 third-quarter earnings in the near term, and analysts project a single-digit rise in its EPS.

Elizabeth Warren on her proposal to bring back IRS Direct File: ‘For just one day of bombing Iran, we could pay for 20 years’

Elizabeth Warren on her proposal to bring back IRS Direct File: ‘For just one day of bombing Iran, we could pay for 20 years’

“For years, giant tax prep companies like TurboTax and H&R Block have rigged our system so they can cash in on your hard-earned dollars.”

Over 296,000 happy users last year, 0 this year: How big tax prep crushed the IRS’s free filing tool

Over 296,000 happy users last year, 0 this year: How big tax prep crushed the IRS’s free filing tool

A wildly popular IRS pilot let hundreds of thousands file taxes for free. After two decades and $103 million in lobbying, H&R Block and Intuit helped persuade Republicans and Trump to pull the plug.

Intuit was an AI pioneer. Why its stock became a SaaSpocalypse casualty

Intuit was an AI pioneer. Why its stock became a SaaSpocalypse casualty

Intuit spent years weaving AI and human experts into its business, only to see investors dump the stock in an AI-driven investor panic.

Amid the 'SaaSpocalypse,' CIOs and CTOs take a harder line with their vendors

Amid the 'SaaSpocalypse,' CIOs and CTOs take a harder line with their vendors

As investors debate the threat that AI poses to enterprise software companies, CIOs are on the font lines of the changes affecting the industry.

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Americans spend $146 billion and 11.6 billion hours doing their taxes, and most of it is just filling out paperwork

There are more than 10,000 forms you have to sort through to file your taxes, and the fear of going to jail over a mistake has never been higher.

International Business Times

Intuit Shares Surge 6% on Rebound from AI Fears, Strong Fundamentals and Analyst Upgrades

Intuit Inc. (NASDAQ: INTU) shares rallied sharply Thursday, March 5, 2026, closing at $466.79, up $26.65 or 6.05% from the prior session.

Morgan Stanley Says You Should Buy the Dip in These 3 Software Stocks

Analysts say the software selloff is an opportunity for investors.

Down 47%, Here's Why Intuit Will Survive the SaaS-Pocalypse.

Intuit’s entrenched market position and proactive AI integration have turned investor panic into a compelling buying opportunity for a fundamentally strong franchise.

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The average American teacher makes $72,000, but one in three are so broke they’re taking on side hustles like Uber driving

Teaching is seen as an AI-proof career by Gen Z—but with the American Dream becoming more out of reach, educators have turned to second jobs to make ends meet.

1 Bold Expert Says Software Stocks Have Bottomed: 5 Top Names to Buy Now

Fundstrat’s Tom Lee argues the “AI scare trade” in software is nearing exhaustion and that leaders like Microsoft, Palantir, Oracle, Salesforce, and Intuit now offer a bottoming‑phase entry into durable AI platforms rather than the start of another leg down.

As Intuit Partners with Anthropic, Should You Buy, Sell, or Hold INTU Stock?

Intuit is facing major long-term threats from AI and anxious investors. Its valuation is also not especially low.

AI vs. software? Intuit’s CFO says that’s the wrong fight

AI anxiety has hit software stocks, but Intuit’s CFO says the company is leaning into the technology.

AI Is Separating Software Winners From Losers, 2 Experts Explain

Get a clear framework for the software sell-off: which companies may benefit from AI, which face disruption, and what Uniform Accounting implies.

How Is Intuit's Stock Performance Compared to Other Software Application Stocks?

Despite Intuit’s weak performance relative to its peers over the past year, Wall Street analysts remain moderately optimistic about the stock’s prospects

Stocks Muted Before the Open as Investors Digest Nvidia Earnings, U.S.-Iran Talks in Focus

March S&P 500 E-Mini futures (ESH26) are down -0.05%, and March Nasdaq 100 E-Mini futures (NQH26) are down -0.09% this morning, pointing to a muted open on Wall Street as investors digest earnings from AI bellwether Nvidia, while nuclear talks between the U.S. and Iran have begun.

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