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Intuit Stock Sinks 12% Despite Earnings Beat as AI Fears Cloud 2027 Guidance
2+ week, 3+ day ago (225+ words) Intuit beat fiscal fourth-quarter estimates on both earnings and revenue, but shares plunged as much as 12% after management guided fiscal 2027 revenue growth to just 9-10%, down from 14%. Executives pointed to softer Mailchimp growth, a shrinking Desktop business, deliberate TurboTax price cuts,…...