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The Latest Breaking News from Intuit

'AI Is Destroying Jobs Faster Than It Is Visibly Creating Them': Tech Layoffs Hit Record Highs

As major technology companies slash 63,000 jobs in June to fund massive investments in automation, the sector's redundancy rate hits a staggering twenty-year high amid rising Wall Street scepticism.

International Business Times UK

These 3 AI Winners Don’t Sell the Tech—They Use It

These 3 AI Winners Don’t Sell the Tech—They Use It

Intuit, Walmart and JPMorgan Chase are using AI behind the scenes to cut costs and boost efficiency, with strong recent earnings and analyst Buy ratings supporting each stock.

What to Expect From Intuit's Next Quarterly Earnings Report

What to Expect From Intuit's Next Quarterly Earnings Report

Intuit is scheduled to post its fourth-quarter results soon, and analysts predict a double-digit increase in the company’s bottom-line figure.

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Stocks Gain as Chipmakers Rebound

The S&P 500 Index ($SPX ) (SPY ) today is up +0.38%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.17%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.26%. September E-mini S&P futures (ESU26 ) are up +0.35%, and September E-mini Nasdaq futures...

The greatest startup in history: What we can learn from America’s founders at today’s AI frontier

On America's 250th anniversary, its founding blueprint of stability and adaptability offers a model for navigating the governance, trust, and collaboration challenges of the AI era.

TurboTax-Maker Intuit Leads 3 Cheap Tech Stocks That Pay You to Wait on the AI Boom

Three dividend-paying tech stocks, Accenture, Intuit, and Jack Henry, offer value, income, and AI-linked growth potential amid low RSI levels.

Despite his hectic schedule, Cisco CEO Chuck Robbins says he’s ‘the most responsive person in the company’—and looks for the same trait in new hires

Cisco CEO Chuck Robbins prides himself on his rapid-fire replies, and looks to hire talent who are just as driven as him: “I try to set that pace for people.”

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Is Intuit’s Stock Underperforming the S&P 500?

Is Intuit’s Stock Underperforming the S&P 500?

While Intuit has struggled to keep up with the broader S&P 500 Index over the past year, Wall Street analysts remain highly bullish about the stock’s prospects.

Michael Burry Vouches for Beaten-Down Adobe in Latest SaaS Analysis: 'The Stock Offers an Aggressive Moat'

Michael Burry Vouches for Beaten-Down Adobe in Latest SaaS Analysis: 'The Stock Offers an Aggressive Moat'

Why renowned investor Michael Burry is betting on Adobe, focusing on its AI technology, robust ecosystem, and value investing potential amidst competitive challenges in the creative industry.

International Business Times UK

Do Wall Street Analysts Like Intuit Stock?

Do Wall Street Analysts Like Intuit Stock?

Intuit stock has largely underperformed the broader market over the past year, yet analysts remain highly bullish about its prospects.

Intuit's Great SaaS Reset: Fired By AI

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.

Intuit CFO on why the company is simplifying its structure

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.

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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

The Economic Times

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…

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.

International Business Times UK

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.

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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

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’

“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

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 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

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

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.

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