The Latest Breaking News from Intuit

INTU is betting stablecoins can deepen its platform moat, though high multiples leave little room for missteps.

“A business is trying to get more customers. They’re trying to manage their customers, sell them more services.”

Intuit Dome also announced Friday that it is the latest ‘founding partner’ for Los Angeles Olympics

Carolyn Dewar told Fortune that CEO succession is so difficult that Intuit’s Brad Smith invited Steve Young in to talk about succeeding Joe Montana.

The company aims to bring personalized financial advice directly into ChatGPT.

In a bid to strengthen the artificial intelligence (AI) infrastructure in the United States, OpenAI has partnered with the Taiwanese electronics giant Foxconn Technology Group, also known as Hon Hai Precision Industry Co., Ltd (OTC:HNHAF).

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.