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NYSE:AFRM 4 February 2026

Intuit stock drops 11% after-hours as AI disruption fears spread — what investors watch next

Intuit stock drops 11% after-hours as AI disruption fears spread — what investors watch next

Intuit shares plunged 10.9% to $434.09 in after-hours trading Tuesday, after falling 11% during the session. The S&P 500 software and services index dropped 3.8%, with Salesforce, Datadog, Adobe, Synopsys, and Atlassian also down sharply. The Nasdaq Composite lost 1.4%. Analysts cited aggressive repricing of software stocks as AI offerings from Anthropic raised concerns over future growth and competition.
4 February 2026
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Stock Market Today

  • Wall Street Challenges ASX for Leadership in Critical Minerals Sector
    April 6, 2026, 3:33 PM EDT. Wall Street is emerging as a major rival to the Australian Securities Exchange (ASX) in listing speculative mining companies, particularly in the critical minerals sector. This shift is driven by increased financial backing from the U.S. government, which is prioritizing critical minerals-such as rare earth elements essential for semiconductors and defense technology-in its efforts to secure supply chains amid geopolitical tensions with China. The ASX, long recognized for supporting mining ventures with its deep investor pools and local expertise, now faces competition as U.S. policies boost demand for American-listed critical minerals plays. This development signals a significant realignment in global mining finance and underscores the growing strategic importance of critical minerals.
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