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The Latest Breaking News from Intuit

Intuit CEO's letter to employees announcing layoffs goes viral

The financial software company has just made a tough decision that impacted thousands of employees.

The Street

Intuit's CEO continues to 'bet the company on AI and data'

AI is beginning to fundamentally change business.

Fortune

Quicken's CEO Made Software The Photoshop Of Personal Finance

Got a question for the CEO of Quicken, the market leading personal finance software? Just ask him. Eric Dunn's email address is easy to guess.

Investors Business Daily

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read the most diverse news in one place.

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

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

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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

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.

Barchart

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

Nasdaq Makes Record Closing High As Microsoft Nears Buy Point; Two Software Leaders Crater

Stocks rose after a sharp sell-off on Thursday. Workday and Intuit triggered sell signals, while eBay broke out. Durable goods orders for April exceeded views.

Investors Business Daily

Dow Jones Futures: What To Do After Ugly Market Day Despite Nvidia; Deckers Jumps

The stock market had an ugly session, despite Nvidia surging on earnings. Deckers spiked late, signaling a breakout.

Investors Business Daily

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news in one place.

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Investors Business Daily

TurboTax Maker Intuit Beats Quarterly Goals After Busy Tax Season

Financial software firm Intuit beat Wall Street's targets for its fiscal third quarter but offered mixed guidance for the current period.

Fortune

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

Data privacy and accountability in AI are crucial.

StockNews.com

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.

Barchart

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.

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news in one place.

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TechRadar

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.

The Street

FTC accuses H&R Block of 'unfair' and 'misleading' practices

The Federal Trade Commission has filed a complaint against the company for costing customers "time and money."

Investors Business Daily

Stock Market Today: Dow Jones Rises As Nvidia Surges To More Record Highs

Stock Market Today: The Dow Jones rose Friday, as Nvidia stock jumped to more record highs. Carvana stock soared on earnings.

Investors Business Daily

TurboTax Maker Intuit Beats Earnings Goal But Disappoints With Outlook

Financial software firm Intuit beat estimates for fiscal Q2 earnings but guided below views for earnings in the current quarter.

Kiplinger

Six of the Best Budgeting Apps

The best budgeting apps allow you to declutter your finances, set savings goals and make sure you're on the same financial page as your spouse.

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."

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