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Is OpenAI Coming for Intuit Next?
Motley Fool78d agoneutral
Is OpenAI Coming for Intuit Next?

The ChatGPT maker just rolled out a personal finance tool. But its relationship with the financial software company is more tangled than a simple rivalry.

Intuit (INTU) Is Down 20.0% After Deep Job Cuts And Bigger AI Bet - What's Changed
Simply Wall St.78d agobearish
Intuit (INTU) Is Down 20.0% After Deep Job Cuts And Bigger AI Bet - What's Changed

In May 2026, Intuit reported higher third-quarter and nine‑month revenue and earnings, raised full‑year guidance, announced a 17% workforce reduction with an estimated US$300–US$340 million restructuring charge, affirmed a US$1.20 quarterly dividend, and completed US$12.57 billion of share repurchases under its long‑running buyback program. At the same time, Intuit accelerated its push into AI-powered financial software for mid‑market businesses with new Enterprise Suite enhancements and a...

Intuit (INTU) to Cut 17% of Workforce in Strategic Pivot Toward AI Integration
Insider Monkey79d agoneutral
Intuit (INTU) to Cut 17% of Workforce in Strategic Pivot Toward AI Integration

Intuit Inc. (NASDAQ:INTU) is one of the cheap NASDAQ stocks to buy right now. On May 20, Reuters reported that Intuit announced plans to lay off approximately 17% of its global workforce, amounting to roughly 3,000 employees. CEO Sasan Goodarzi stated that the restructuring is intended to reduce organizational complexity and sharpen the company’s focus […]

Why The Trade Desk (TTD) Stock Is Up Today
StockStory81d agoneutral
Why The Trade Desk (TTD) Stock Is Up Today

Shares of digital advertising platform The Trade Desk (NASDAQ:TTD) jumped 3.1% in the afternoon session after Treasury yields cooled and risk-on rotation lifted AI-linked growth names, helping the sector recover from the previous day's Intuit-driven sell-off.

Here is Why Intuit (INTU) is One of the Cheap AI Stocks to Buy According to Analysts
Insider Monkey81d agobullish
Here is Why Intuit (INTU) is One of the Cheap AI Stocks to Buy According to Analysts

Intuit Inc. (NASDAQ:INTU) is one of the cheap AI stocks to buy according to analysts. On May 20, Intuit announced financial results for FQ3 2026, reporting total revenue of $8.6 billion, a 10% increase year-over-year. Driven by strong segment performance, with Consumer revenue rising 8% to $5.3 billion and Global Business Solutions growing 15% to […]

Here’s What Jim Cramer Said About Intuit (INTU) Before The Stock’s Crash
Insider Monkey81d agobearish
Here’s What Jim Cramer Said About Intuit (INTU) Before The Stock’s Crash

We recently published Jim Cramer Took A Side On Biggest AI Debate & Discussed These 13 Stocks. Intuit Inc. (NASDAQ:INTU) is one of the stocks discussed by Jim Cramer. Intuit Inc. (NASDAQ:INTU) is a productivity software provider. Its shares are down by 53% over the past year and by 51% year-to-date. May 21st was a […]

Why Intuit (INTU) Shares Are Trading Lower Today
StockStory81d agoneutral
Why Intuit (INTU) Shares Are Trading Lower Today

Shares of financial technology platform Intuit (NASDAQ:INTU) fell 20.3% in the afternoon session after the company reported underwhelming first quarter financial results and announced plans to cut 17% of its global workforce, or about 3,000 jobs, as part of an 'aggressive AI efficiency push.'

StockStory81d agobearish
Asana, Atlassian, and BlackLine Shares Are Falling, What You Need To Know

A number of stocks fell in the afternoon session after Intuit's plunge spread across the sector and reignited the thesis that generative AI is structurally undermining the legacy SaaS business model. Intuit Inc (NASDAQ:INTU) shares opened about 19% lower despite the company posting fiscal third quarter results that topped Wall Street expectations, as investors focused on a weaker long-term outlook for TurboTax and plans to cut roughly 17% of its workforce.

Intuit earnings put Morgan Stanley stock forecast to the test
TheStreet82d agoneutral
Intuit earnings put Morgan Stanley stock forecast to the test

Intuit’s latest earnings report gave investors fresh evidence for the bull case Morgan Stanley laid out before the company’s fiscal third-quarter results, while also leaving some of Wall Street’s biggest concerns around TurboTax and artificial intelligence unresolved. The company reported fiscal ...

50-year-old outdoor retailer liquidating all stores
TheStreet82d agoneutral
50-year-old outdoor retailer liquidating all stores

When you see huge tech companies like Meta and Intuit lay off thousands of people making top-tier salaries, it makes many Americans worry about their own jobs. Even if you're making a good living and have discretionary income, it's reasonable to think that maybe you should cut back a little, or ...