News
High-signal headlines only - macro events, earnings, M&A, regulatory. Listicles and analyst clickbait filtered out by default. Refreshed hourly.
Wall Street futures pointed moderately lower pre-bell Thursday as traders again weighed the odds of
Intuit (INTU) lifted its full-year outlook and reported fiscal third-quarter results above Wall Stre
Intuit (NASDAQ:INTU) raised its full-year guidance and delivered third-quarter results ahead of expectations as the company continued to benefit from its AI-focused platform strategy. However, the financial software group also reduced its annual revenue outlook for TurboTax and announced plans to cut 17% of its workforce as part of a broader operational restructuring programme, sending the stock down more than 13% in premarket trading on Thursday.
Intuit (NasdaqGS:INTU) is cutting about 3,000 roles, or 17% of its global workforce, as part of a broad restructuring focused on artificial intelligence. The company is closing certain offices and reshaping its operating model while highlighting new AI driven features such as QuickBooks Workforce and Enterprise Suite updates. The restructuring was announced alongside strong Q3 results and a raised full year outlook. For you as an investor, this move sits at the intersection of software,...
🔎 Nvidia (NVDA): The chip giant reported record sales and income that beat analyst expectations, driven by demand for data-center computing and the rise of AI agents. Shares flitted between small gains and losses premarket.
Intuit Inc. (NASDAQ:INTU) is one of the top tech stocks in billionaire Ken Fisher’s portfolio. On May 13, Intuit Inc. (NASDAQ:INTU) confirmed it has enhanced its Intuit Enterprise Suite with the inclusion of multi-entity close automation, dimensional reporting capabilities, and construction industry features. The suite will also come with an integrated Human Capital Management solution. […]
Intuit Inc (INTU) reports a 10% revenue increase and raises full-year guidance, while addressing challenges with a 17% workforce reduction and strategic focus on AI-driven platforms.
Intuit slashes 17% of its workforce, joining a tech layoff wave that has already eliminated 111,000 jobs this year.
Financial technology platform Intuit (NASDAQ:INTU) will be reporting results this Wednesday after market close. Here’s what you need to know.
The headline numbers for Intuit (INTU) give insight into how the company performed in the quarter ended April 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
At this time, I would like to welcome everyone to Intuit's Third Quarter Fiscal Year 26 Conference Call. With that, I will now turn the call over to Anne-Sophie Seigneurbieux, Intuit's Senior Vice President of Investor Relations. There are a number of factors that could cause Intuit's results to differ materially from our expectations.
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
Intuit (INTU) delivered earnings and revenue surprises of +2.59% and +0.45%, respectively, for the quarter ended April 2026. Do the numbers hold clues to what lies ahead for the stock?
The maker of TurboTax and QuickBooks will lay off nearly a fifth of its workforce as it makes artificial intelligence a centerpiece of its business.
The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed up +1.08%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +1.31%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.66%. June E-mini S&P futures (ESM26 ) rose +0.96%, and June E-mini Nasdaq futures...
Financial software firm Intuit late Wednesday beat expectations for its fiscal third quarter and with its Q4 guidance.
Financial technology platform Intuit (NASDAQ:INTU) met Wall Street’s revenue expectations in Q1 CY2026, with sales up 10.4% year on year to $8.56 billion. The company expects next quarter’s revenue to be around $4.27 billion, coming in 3.1% above analysts’ estimates. Its non-GAAP profit of $12.80 per share was 1.8% above analysts’ consensus estimates.
Intuit (INTU) reported fiscal Q3 adjusted earnings late Wednesday of $12.80 per diluted share, up fr
TurboTax parent Intuit raised its annual revenue and profit forecasts on Wednesday and announced it would trim 17% of its workforce, sharpening its focus on artificial intelligence-powered financial software amid robust demand. The reduction of nearly 3,000 roles globally, reported exclusively by Reuters earlier in the day, is expected to help simplify organizational structure and streamline key areas, including AI efforts, according to a staff memo sent by CEO Sasan Goodarzi. It had about 18,200 employees across seven countries as of July 31, 2025, according to its annual report.
Intuit reported better-than-expected financial results for its crucial tax season Wednesday, while also announcing a round of layoffs. Intuit said it’s reducing its full-time workforce by 17%. According to Layoffs.fyi, a website that tracks tech layoffs, 111,173 tech employees have lost their jobs in 2026.
Glassdoor Senior Economist Daniel Zhao joins Brooke DiPalma on Market Domination to discuss employee confidence as companies continue trimming headcount and accelerating AI-driven workplace changes. Zhao explains why workers who embrace AI tools and adapt their skill sets may be better positioned for long-term job security.
Tech stocks were higher Wednesday afternoon, with the State Street Technology Select Sector SPDR ETF
In a memo to employees, CEO Sasan Goodarzi said the layoffs are meant to reduce complexity, simplify the company's corporate structure, and deliver better AI products.
The TurboTax and QuickBooks maker is eliminating about 3,000 positions and closing 2 offices as it consolidates around AI
Investing.com -- Intuit (NASDAQ:INTU) shares fell 3.9% Wednesday after Reuters reported the company plans to lay off approximately 17% of its global workforce.