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News
Intuit Slashed Its Long-Term Guidance. Here’s Where the Stock Could Go From Here
2+ day, 14+ hour ago (463+ words) @sasirin pamai's Images via Canva, @Jakub Zerdzicki from Pexels via Canva The fear is that artificial intelligence is compressing the pricing power in the parts of Intuit investors long assumed were untouchable, and management’s own guidance now leans into that…...
Intuit FY 2026: Revenue $21.45B, EPS $16.46— 10-K Summary
3+ day, 23+ hour ago (182+ words) TradingView Intuit FY 2026: Revenue $21.45B, EPS $16.46— 10-K Summary Intuit Inc. reported fiscal 2026 results with revenue of $21.45B and diluted EPS of $16.46, versus $18.83B and $13.67 in the prior year, as net income rose to $4.57B — a year-over-year improvement driven by strength across its small-business and…...
Intuit Drops 5.2% Amid Sector-Wide Selling
5+ day, 4+ hour ago (220+ words) AlphaStreet AlphaStreet Newsdesk powered by AlphaStreet Intelligence Intuit shares tumbled 5.2% on Tuesday, falling to $315.35 as a broad selloff swept through software and application stocks, dragging the financial software giant down alongside its sector peers. Trading volume reached 835,288 shares on the…...
IVIX lays off 10% of staff as it pivots toward AI financial investigator
1+ week, 4+ day ago (282+ words) calcalistech.com Israeli fintech and artificial intelligence company IVIX, which develops technology that helps governments around the world combat financial crime at scale, is expanding into a new area with a product designed to function as an AI financial investigator…...
Intuit cuts 17% of workforce in restructuring aimed at AI platform scalability
2+ week, 2+ day ago (378+ words) The TurboTax parent is spending up to $340 million on severance as it consolidates teams and doubles down on AI partnerships with OpenAI and Anthropic. Intuit just told roughly 3,100 employees that their roles are being eliminated, a move the company says…...
Intuit Shares Fall as Management Targets Slower Customer Growth With a Strategic Reset
2+ week, 3+ day ago (439+ words) Intuit Inc. (NASDAQ:INTU) shares traded lower on Wednesday after the company reported a fourth-quarter earnings beat on Tuesday. Management used Tuesday’s earnings call to acknowledge shortcomings in customer acquisition and reset priorities to focus on winning new users. The…...
53% of Laid-Off Workers Believe AI Played a Role in Their Job Loss — But Most Were Never Told
2+ week, 3+ day ago (248+ words) Workers Are Split on AI’s Role in Their Layoffs More than half of laid-off workers (53%) believe AI or automation played a role in their job loss: Workers who suspect AI was involved outnumber those who received direct confirmation by 9 percentage…...
Intuit Q4 Revenues Rise: Can Double-Digit Growth Continue?
2+ week, 4+ day ago (433+ words) Intuit Inc. INTU ended fiscal 2026 on a strong note, with fourth-quarter revenues rising 13.7% to $4.35 billion. The metric also topped the $4.27 billion Zacks Consensus Estimate by 1.9%. Global Business Solutions revenues also grew 13.6% to $3.42 billion, while Consumer revenues climbed 13.7% to $930 million. Meanwhile,…...
Intuit: Big Bets Grow 34% To 30% Of Revenue As Full-Year Sales Top $21 Billion
2+ week, 4+ day ago (281+ words) Intuit’s strategic growth initiatives are becoming a much larger part of the financial technology company’s revenue base, with its Big Bets collectively growing 34% during fiscal 2026 and representing 30% of full-year revenue. Total fiscal 2026 revenue increased 14% to $21.4 billion, taking Intuit above $20 billion…...
Intuit Crosses $20 Billion Revenue Mark, Posts $21.45 Billion in FY2026 on AI Push
2+ week, 4+ day ago (533+ words) QuickBooks, TurboTax and Credit Karma all post double-digit growth as Intuit's "Big Bets" strategy drives 34% expansion; company to break out Mailchimp as separate segment starting FY2027 Intuit has broken through the $20 billion revenue ceiling. The financial software giant reported $21.45 billion for…...