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The Latest Breaking News from Intuit

S&P 500 and Nasdaq 100 Post Record Highs as Tech Stocks Rally

The S&P 500 Index ($SPX ) (SPY ) Wednesday closed up +1.02%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +1.09%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.09%. Stock indexes rallied Wednesday, with the S&P 500 and Nasdaq 100 posting new all-time...

Barchart

Intuit Announces AI-Focused Reorganization Plan, Laying Off 10% Workforce

Intuit announces reorganization plan focusing on AI, laying off 1,800 employees but planning to hire in 2025.

Top News

Stocks Hold Near Record Highs on Chip Stock Strength

The S&P 500 Index ($SPX ) (SPY ) today is up +0.22%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.11%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.28%. Stock indexes today are mildly higher, with the S&P 500 and Nasdaq 100 posting...

Barchart

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Exclusive: Intuit is laying off 1,800 employees due to AI transformation

But the maker of QuickBooks, Credit Karma, and TurboTax said in an internal email seen by Fortune it is also hiring for 1,800 new roles as part of the AI evolution.

Fortune

3 Cloud Computing Stocks Leading the Digital Transformation

Cloud computing drives market growth and digital transformation by streamlining operations with AI, storage, and database services, boosting the software applications market. Amid this backdrop, investors could consider buying cloud computing stocks, Intuit (INTU), Autodesk (ADSK), and Workday (WDAY) leading digital transformation. Read more.

StockNews.com

Intuit's CFO moves his employees to new roles every two years. Here's why

“I'll make sure my leaders are always feeling the brain hurt because that makes sure you're growing,” says Intuit CFO Sandeep Aujla.

Fortune

3 High-PE Tech Stocks Worth the Premium Price

The technology industry is undergoing rapid development driven by the rising demand for innovative tech products and services, growing spending among enterprises, and the integration of cutting-edge innovations. So, quality tech stocks Adobe (ADBE), Intuit (INTU), and Motorola Solutions (MSI) could be ideal investments worthy of their premium price. Continue…

StockNews.com

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Why Are Analysts So Bullish About This Growth Stock?

Intuit's increasing revenue and earnings, as well as its bold dividend increases, have earned it a spot on Wall Street's 'strong buy' list.

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5 'Strong Buy'-Rated Stocks That Institutional Investors Are Buying

Goldman Sachs flagged these top-rated AI stocks for attracting heavy buying from mutual funds during the first quarter of 2024.

Barchart

Ensuring customers have confidence, trust in AI models falls to AI chiefs

Data privacy and accountability in AI are crucial.

Fortune

Is Adobe (ADBE) or Intuit (INTU) Worth Chasing in May?

The software industry is poised to experience robust growth thanks to the growing adoption of enterprise applications and the increasing integration of cutting-edge technologies. So, let’s analyze Adobe (ADBE) and Intuit (INTU) to determine which software stock is worth chasing this month. Read on to find out.

StockNews.com

2 Growth Stocks With 20% to 40% Upside in 2024

Both of these companies’ innovative products present excellent long-term opportunities for investors seeking growth in the stock market.

Barchart

Intuit QuickBooks unveils new payroll tool to help UK businesses with a major headache

Bureau Payroll integrates with other services to let accountants manage payrolls from one single dashboard.

TechRadar

Ways to File Taxes for Free This Year

Tax season is in full swing, and if you’re looking to save money, there are several ways to file your taxes for free.

Kiplinger

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Kiplinger

Seven of the Best Budgeting Apps for 2025

If you're searching for a great budgeting app, here are our top picks.

International Business Times

Is TurboTax Really Free? FTC Clamps Down On Deceptive Advertising Practices

The FTC has barred Intuit from advertising its services as "free" unless they are genuinely free for all customers or if eligibility is explicitly disclosed.

WEKU

The FTC bars TurboTax maker Intuit from advertising 'deceptive' free services

Regulators say the company advertised "free" tax filing products and services that many Americans were ineligible for. Intuit called the opinion "deeply flawed."

TechRadar

Intuit told to stop promoting "free" software unless everyone can actually use them

TurboTax maker Intuit has been found guilty of misleading advertising; told to revise ads for “free” products and services.

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Fortune

HR leaders on how AI is changing recruiting and talent management

And how to balance recruiting for AI skills on the marketplace versus upskilling your existing team members.

StockNews.com

Intuit (INTU) Post-Earnings Assessment: A Software Stock to Watch?

Intuit (INTU) posted robust results for its fiscal first quarter, surpassing the top and bottom-line consensus estimates. Given the rising optimism, let’s analyze some key financial metrics to gauge its prospects better.

StockNews.com

3 B-Rated Software Stocks Promoting Gains

While macroeconomic challenges remain, technological breakthroughs in the software industry have boosted development and innovation. Therefore, fundamentally strong software stocks Microsoft (MSFT), Intuit (INTU) and Progress Software (PRGS) might be solid buys now. These stocks are rated B (Buy) in our proprietary rating system. Read on.

Chicago Sun-Times

Art Institute hopes to broaden its scope

The institute’s new small gallery announces big intentions.

Fortune

Business leaders share their best practices when implementing AI

Leaders from companies like Intuit and Nationwide will share the playbook they follow to implement AI and how they do this responsibly.

Fortune

Who is responsible for AI? It isn't always the CEO

Regardless of the structure, many say policies and frameworks should be in place to make sure employees aren’t going rogue.

Fortune

Future of Finance: TaxBit’s Argalas on the benefits of FinTech-TradFi collaboration, and how clear crypto rules would help everyone

Argalas ascended to the top position at TaxBit in June after previously serving as chief operating officer.

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