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The S&P 500 Index ($SPX ) (SPY ) today is up +0.54%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.70%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.53%. June E-mini S&P futures (ESM26 ) are up +0.50%, and June E-mini Nasdaq futures...
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 $12.80 per share was 1.8% above analysts’ consensus estimates.
There's been a notable change in appetite for Intuit Inc. ( NASDAQ:INTU ) shares in the week since its third-quarter...
The company is tapping into a “flywheel effect” with its customers and has seen higher revenue per users with customers using multiple products, CEO Sasan Goodarzi said.
The layoffs bludgeoning the tech industry continued this week as artificial intelligence reshapes the industry.
Intuit, Lucid Group, and e.l.f. Beauty declined to fresh 52-week lows on Thursday, even as Wall Street has raised concerns about the stocks.
The financial software giant just lifted its outlook, but the market still couldn't find a reason to buy.
Intuit (INTU) stock just dropped 20% on May 21 as of 1:24 PMET, but management’s latest comments suggest something much bigger is happening beneath the surface for the software industry. CEO Sasan Goodarzi said Intuit’s AI agents are already powering recommendations across the business, with AI now ...
The S&P 500 Index ($SPX ) (SPY ) on Thursday closed up +0.17%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.55%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.20%. June E-mini S&P futures (ESM26 ) rose +0.18%, and June E-mini Nasdaq futures...
(Bloomberg) -- Intuit Inc. suffered its worst stock decline in more than two decades after announcing plans to cut about 17% of its staff and reporting slower TurboTax sales than anticipated.Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaIran Says the US’s Latest Proposal Has ‘Narrowed the Gaps’Modi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockIran in Talks With Oman Over Permanent Hormuz Toll SystemDow Average Climbs to Record on US-Iran De
(Bloomberg) -- Intuit Inc. suffered its worst stock decline in more than two decades after announcing plans to cut about 17% of its staff and reporting slower TurboTax sales than anticipated.Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaIran Says the US's Latest Proposal Has 'Narrowed the Gaps'Modi's Toffee Gift to Meloni Ignites Rally in Wrong Indian StockIran in Talks With Oman Over Permanent Hormuz Toll SystemDow Average Climbs to Record on US-Iran De
(Bloomberg) -- Intuit Inc. suffered its worst stock decline in more than two decades after announcing plans to cut about 17% of its staff and reporting slower TurboTax sales than anticipated.Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaIran Says the US’s Latest Proposal Has ‘Narrowed the Gaps’Modi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockIran in Talks With Oman Over Permanent Hormuz Toll SystemDow Average Climbs to Record on US-Iran De
Tech stocks were higher late Thursday afternoon, with the State Street Technology Select Sector SPDR
INTU tops Q3 estimates as TurboTax, Credit Karma and QuickBooks Online fuel growth, prompting higher fiscal 2026 guidance.
Intuit (INTU) could face near-term pressure from softer TurboTax growth and AI concerns, but stronge
CFO Sandeep Aujla says Intuit is flattening management layers and reorganizing around AI, speed, and long-term growth.
Intuit (INTU) CFO Sandeep Aujla joins Market Catalysts to discuss the company's latest job cuts and Q3 earnings results.
Eagle Capital Management, an investment management company, released its first quarter 2026 investor letter. A copy of the letter is available to download here. The letter notes that individual stocks and subsectors are now more reactive to sentiments, reducing market efficiency but creating opportunities to add value. Over the last decade, multi-asset managers, or pods, […]
Investing.com -- The post-earnings share price decline for one major software name has been excessive given the limited nature of the miss, Jefferies told investors in a note Thursday, arguing that the stock's valuation has fallen to levels not seen since the 2008 global financial crisis.
Intuit Inc (NASDAQ:INTU, XETRA:ITU) shares opened about 19% lower on Thursday 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. The...
Intuit (INTU) stock currently trades at $332 in extended trading, representing a roughly 60% decline from its 52-week high of $813. Based on management's raised FY26 non-GAAP EPS guidance of $23.80 to $23.85, the stock now trades at approximately 14 times forward earnings. This multiple is a severe compression compared to its four-year historical average of over 30x. The market valuation currently reflects severe pessimism, pricing in worst-case scenarios and fixating heavily on DIY tax weakness
News of the day for May 21, 2026
The direction for US stocks on Thursday was constantly shifting ahead of the opening bell, as overnight optimism over US-Iran negotiations and another blockbuster quarter for Nvidia were not enough to set a clear path. Futures pointed down in the early hours, turned green and then back to...
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