Today: 10 June 2026
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NASDAQ:INTU 12 February 2026 - 23 May 2026

Intuit Slashes 3,000 Jobs as TurboTax Faces New AI Threats

Intuit Slashes 3,000 Jobs as TurboTax Faces New AI Threats

Intuit will cut about 3,000 jobs, or 17% of its workforce, and close offices in Reno and Woodland Hills as it restructures to focus on artificial intelligence. The company expects $300 million to $340 million in charges, mostly in the fiscal fourth quarter. Intuit raised full-year revenue guidance but lowered its TurboTax outlook, citing pressure from low-cost AI tools. Shares last traded at $319.94 after a volatile week.
23 May 2026
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Intuit’s Q3 Numbers Land as Shares Down 39%

Intuit’s Q3 Numbers Land as Shares Down 39%

Intuit will report fiscal third-quarter results after U.S. markets close Wednesday, following a 39% stock drop over the past year. Analysts expect earnings of $12.57 per share on $8.54 billion revenue, both up from last year. The quarter covers peak tax season for TurboTax and QuickBooks. Intuit shares closed at $399.71 Tuesday, down 0.9%.
20 May 2026
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Nasdaq slips as Wall Street rally faces yield jolt

Nasdaq slips as Wall Street rally faces yield jolt

U.S. stocks fell Tuesday morning, with the Nasdaq down 1.05% and the S&P 500 off 0.69%, as rising Treasury yields and firm oil prices pressured markets. The U.S. 10-year yield neared 4.61%, while Brent crude traded at $110.67 a barrel. Materials and consumer discretionary sectors led declines. Investors await Nvidia’s earnings and Federal Reserve minutes due Wednesday.
19 May 2026
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Anthropic Launches Claude for Small Business to Take On Payroll, Invoices and Marketing

Anthropic Launches Claude for Small Business to Take On Payroll, Invoices and Marketing

Anthropic launched Claude for Small Business on Wednesday, integrating its AI assistant with apps like QuickBooks, PayPal, HubSpot, and Canva. The product offers 15 preset workflows and skills for tasks such as payroll, invoicing, and campaign management. U.S. small businesses number 36.2 million and employ 62.3 million people, according to the SBA. PayPal and Canva are among launch partners.
13 May 2026
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Intuit Inc. Expands Credit Karma and QuickBooks AI Push as INTU Stock Slips

Intuit Inc. Expands Credit Karma and QuickBooks AI Push as INTU Stock Slips

Intuit’s Credit Karma opened its platform to Americans with no credit history, targeting about 17 million “credit invisible” adults. Shares fell 4.4% to $388.85 Friday morning after the move and the launch of a new QuickBooks workforce product. Intuit reports fiscal Q3 results May 20, following a quarter that included the peak U.S. tax season.
8 May 2026
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Intuit Stock Rebounds After AI Selloff as TurboTax Owner Nears Earnings Test

Intuit Stock Rebounds After AI Selloff as TurboTax Owner Nears Earnings Test

Intuit shares rose 3.3% to $395.95 on Friday, recovering part of Thursday’s AI-driven losses. The company’s fiscal third-quarter results, covering the peak U.S. tax season, are due after April 30. Investors are watching TurboTax and QuickBooks growth as AI competition pressures software valuations. Intuit forecasts about 10% revenue growth and non-GAAP EPS of $12.45 to $12.51 for the quarter.
25 April 2026
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Intuit stock jumps to $409 after earnings — what matters before Monday’s open (INTU)

Intuit stock jumps to $409 after earnings — what matters before Monday’s open (INTU)

Intuit shares rose 3.7% to $409.03 Friday on heavy volume, then dropped about 4% after hours following a third-quarter profit forecast below Wall Street estimates. The company reported second-quarter revenue up 17% to $4.651 billion and raised its quarterly dividend to $1.20 per share. CFO Sandeep Aujla said higher spending targets growth in assisted tax and QuickBooks.
28 February 2026
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Intuit stock drops after hours as TurboTax maker flags heavier tax-season spending

Intuit stock drops after hours as TurboTax maker flags heavier tax-season spending

Intuit shares dropped 5.3% to $373.48 in after-hours trading Thursday after forecasting third-quarter profit below Wall Street estimates. The company cited increased marketing and support spending to compete in assisted tax and QuickBooks. Earlier, the stock closed up 3.46% at $394.42. Intuit reported second-quarter revenue of $4.65 billion, up 17%, and raised its quarterly dividend 15%.
27 February 2026
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Intuit stock jumps today as Anthropic AI tie-up puts earnings in focus

Intuit stock jumps today as Anthropic AI tie-up puts earnings in focus

Intuit shares jumped 4.2% to $397.21 by late morning Thursday, ahead of its fiscal Q2 earnings report after the bell. The stock extended Wednesday’s rally, trading between $387.96 and $406.46. Investors are watching for updates on AI partnerships with Anthropic and signs of tax-season demand at TurboTax. CEO Sasan Goodarzi is scheduled to speak at a Morgan Stanley conference March 2.
26 February 2026
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Intuit stock price jumps on Anthropic AI deal as earnings loom — what investors watch Thursday

Intuit stock price jumps on Anthropic AI deal as earnings loom — what investors watch Thursday

Intuit shares rose 6.3% to $381.23 on Wednesday after announcing a multi-year AI partnership with Anthropic. The stock remains down 46% year-to-date amid a broader software selloff. Wells Fargo cut its price target to $425 from $700. Investors await Intuit’s earnings report Thursday for signs of AI-driven demand.
26 February 2026
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Stock Market Today

  • India Stocks Set for Flat Open Amid Rising Iran Tensions
    June 9, 2026, 10:46 PM EDT. India's Nifty 50 futures edged close to Tuesday's finish as oil prices rose slightly, reflecting renewed tensions in Iran. Investors are cautious ahead of upcoming U.S. inflation data, which could influence global markets. The modest oil price increase signals geopolitical risks while traders await economic indicators. Market participants remain on hold, balancing the impact of geopolitical uncertainties and key inflation figures.

Latest articles

Nasdaq Sees More Moves After Hours Following U.S. Strike on Iran

Nasdaq Sees More Moves After Hours Following U.S. Strike on Iran

10 June 2026
U.S. stock futures fell after hours and oil rose as U.S. strikes on Iran fueled risk-off sentiment, deepening losses in tech shares and raising investor caution ahead of Wednesday’s key inflation report, with fears of Fed rate hikes and volatility from the upcoming SpaceX IPO adding pressure.
Keel Slides After $458 Million AI Data-Center Debt Deal Launch

Keel Slides After $458 Million AI Data-Center Debt Deal Launch

10 June 2026
Keel Infrastructure shares plunged 4.24% to $5.42 after closing a $458 million convertible debt sale, reviving investor fears of future dilution even as the company boosts funding for AI-focused data-center projects; shares slipped further to $5.32 after hours on more than double average volume, reflecting concerns over execution risks and the impact of new financing.
Super Micro sinks after $7B AI server plan; dilution a risk

Super Micro sinks after $7B AI server plan; dilution a risk

10 June 2026
Super Micro Computer plans to raise $7 billion through equity and equity-linked financing to fund soaring AI server orders, sending shares down about 9% in after-hours trading as investors focused on dilution risk; the company reported $39 billion in recent AI server orders, but noted these are not firm commitments and cited ongoing legal and regulatory risks.
American Airlines Stock Rises on Google Fuel Deal, Market Watches for Fuel Shock

American Airlines Stock Rises on Google Fuel Deal, Market Watches for Fuel Shock

10 June 2026
American Airlines surged to $14.09, up 48.5 cents, after announcing a three-year sustainable aviation fuel deal with Google covering 35 million gallons, as investors focused on surging fuel costs that jumped 78% in April to $6.5 billion; the stock rose in line with airline peers amid a drop in crude prices, while American’s 2026 outlook remains pressured by higher fuel expenses and a narrowed profit forecast.
Nokia Drops 7% After Nvidia 6G Chatter Hits AI Stocks

Nokia Drops 7% After Nvidia 6G Chatter Hits AI Stocks

10 June 2026
Nokia shares plunged 6.99% to 11.970 euros in Helsinki after reports of Nvidia’s push into future mobile-network tech raised fears over Nokia’s AI-driven growth story, with investors questioning whether Nokia can maintain its edge as competition intensifies and its forward P/E more than doubles this year.
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