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MSCI’s New AI-Focused CTO and Silicon Valley Hub Could Be A Game Changer For MSCI (MSCI)
Simply Wall St.63d agoneutral
MSCI’s New AI-Focused CTO and Silicon Valley Hub Could Be A Game Changer For MSCI (MSCI)

In early June 2026, MSCI Inc. appointed former Intuit technology leader Kashi Kakarla as Chief Technology Officer and Head of Product Engineering, and confirmed plans to open a new Silicon Valley office to advance its AI and technology agenda. This move signals MSCI’s intent to embed AI more deeply into its indices, analytics and private markets offerings, potentially reshaping how investment professionals access and use its data and tools. We’ll now examine how Kakarla’s AI-focused remit...

Broader Market Settles Lower as Chip Stocks Sink
Barchart64d agoneutral
Broader Market Settles Lower as Chip Stocks Sink

The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed down -0.26%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.17%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.12%. June E-mini S&P futures (ESM26 ) fell -0.36%, and June E-mini Nasdaq futures...

Intuit  (INTU) Launches AI-Native QuickBooks Workforce Platform
Insider Monkey68d agoneutral
Intuit (INTU) Launches AI-Native QuickBooks Workforce Platform

Intuit Inc. (NASDAQ:INTU) is one of the most undervalued large cap stocks to buy according to analysts. On May 6, Intuit launched QuickBooks Workforce, an all-in-one, AI-native Human Capital Management/HCM solution for small and mid-market businesses. Integrated directly into QuickBooks Online and Intuit Enterprise Suite, this platform unifies the entire employee lifecycle (including payroll, hiring, […]

Intuit Faces TurboTax Probes As Market Share And Trust Come Under Focus
Simply Wall St.68d agobearish
Intuit Faces TurboTax Probes As Market Share And Trust Come Under Focus

Multiple law firms have opened investigations into Intuit over potential securities fraud tied to its TurboTax pricing strategy. The probes follow disclosures that Intuit lost market share among more price sensitive TurboTax filers during the 2026 tax season. The investigations increase legal and reputational risk for Intuit at a time of broader business changes and restructuring. For investors watching NasdaqGS:INTU, this legal scrutiny comes after a period of weak share price performance...

What Makes Intuit (INTU) a Strong Bet?
Insider Monkey68d agoneutral
What Makes Intuit (INTU) a Strong Bet?

Baron Capital, an investment management company, released its first quarter 2026 investor letter for its “Baron Financials EFT”. A copy of the letter can be downloaded here. The Fund fell 15.97% (NAV) compared with a 9.89% decline for the MSCI USA Financials Index (the Financials Index) and a 20.15% decline for the FactSet Global FinTech […]

Marvell Keep Surging After Nvidia CEO Calls It the Next Trillion-Dollar Company
24/7 Wall St.69d agoneutral
Marvell Keep Surging After Nvidia CEO Calls It the Next Trillion-Dollar Company

Jensen Huang has spent the last three years declaring various inflections, factories, and platforms, and the market has spent those same three years front-running every one of them. So when the NVIDIA (NASDAQ:NVDA) CEO reportedly called Marvell Technology (NASDAQ:MRVL) the next trillion-dollar company, traders treated the comment as gospel. Marvell shares have now shot up ... Marvell Keep Surging After Nvidia CEO Calls It the Next Trillion-Dollar Company

Stocks Retreat as US-Iran Peace Hopes in Doubt
Barchart70d agoneutral
Stocks Retreat as US-Iran Peace Hopes in Doubt

The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed down -0.74%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -1.21%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.29%. June E-mini S&P futures (ESM26 ) fell -0.78%, and June E-mini Nasdaq futures...

2 Large-Cap Stocks to Research Further and 1 We Turn Down
StockStory70d agoneutral
2 Large-Cap Stocks to Research Further and 1 We Turn Down

Large-cap stocks have the power to shape entire industries thanks to their size and widespread influence. With such vast footprints, however, finding new areas for growth is much harder than for smaller, more agile players.

Brown Advisory Global Leaders Strategy Sold Intuit (INTU) on AI Substitution Concerns
Insider Monkey71d agoneutral
Brown Advisory Global Leaders Strategy Sold Intuit (INTU) on AI Substitution Concerns

Brown Advisory, an investment management company, released its “Brown Advisory Global Leaders Strategy” for the first quarter of 2026 investor letter. A copy of the letter can be downloaded here. The strategy focused on delivering strong long-term performance by investing in a focused portfolio of companies that solve customer problems and provide good returns for […]

Investing.com71d agoneutral
Software stocks whipsaw amid AI fears, as Anthropic IPO looms

The software sector is currently caught in a tug-of-war between profound optimism and existential dread over the future of artificial intelligence. After a brief period of euphoria, reality—and algorithmic trading—bit back hard, sending major software stocks tumbling in a sudden reversal. The iShares Expanded Tech-Software Sector ETF fell 3%, wiping out half of the 6% gains it had recorded just a day prior. The bleeding was widespread across the industry’s biggest names: Atlassian plunged 8%, Hu

Here Are Tuesday’s Top Wall Street Analyst Research Calls: CoreWeave, Danaher, Hewlett Packard Enterprise, Intuit, Knight-Swift, Meta Platforms, Starwood Property Trust, Tripadvisor, and More
24/7 Wall St.71d agoneutral
Here Are Tuesday’s Top Wall Street Analyst Research Calls: CoreWeave, Danaher, Hewlett Packard Enterprise, Intuit, Knight-Swift, Meta Platforms, Starwood Property Trust, Tripadvisor, and More

Pre-Market Stock Futures: Futures are trading lower on Tuesday, but the technology tsunami continued on Monday, as all major indices dipped into the red early on news that Iran was halting the peace negotiations and would block the Strait of Hormuz. But that sell-off lasted until about noon, before a big reversal, which, by that ... Here Are Tuesday’s Top Wall Street Analyst Research Calls: CoreWeave, Danaher, Hewlett Packard Enterprise, Intuit, Knight-Swift, Meta Platforms, Starwood Property Tr

Investing.com71d agobearish
Intuit dips as Goldman cuts to Sell on heightened tax competition

Investing.com -- Goldman Sachs downgraded Intuit to Sell from Neutral on Tuesday and slashed its 12-month price target to $276 from $519, citing rising competitive threats to the company’s tax business that analysts warn could weigh on future results.

Goldman Sachs Downgrades Intuit as AI Tax Rivals Intensify Competitive Pressure (INTU)
InvestorsHub71d agobearish
Goldman Sachs Downgrades Intuit as AI Tax Rivals Intensify Competitive Pressure (INTU)

Intuit (NASDAQ:INTU) came under pressure on Tuesday after Goldman Sachs downgraded the stock to Sell from Neutral and sharply reduced its 12-month price target to $276 from $519, citing mounting competitive risks in the tax software market that could weigh on the company’s long-term growth outlook. The brokerage said increasing competition from emerging AI-driven tax preparation platforms may limit Intuit’s ability to sustain current growth expectations and profitability levels.