Intuit Slides 10% as QQQ Starts New Trade Date Lower
U.S. EQUITIES · LIVE OVERNIGHT SESSION
Intuit’s outlook shock meets a cautious new trade date
Updated August 26, 2026 at 12:06 a.m. EDT (UTC−4)
Blue Ocean ATS active
8:00 p.m.–4:00 a.m. EDT
Broad ETFs ease; single-stock earnings risk stays loud
QQQ and SPY are fractionally below Tuesday’s closes in overnight trading. Intuit is the outlier: its 24-hour quote is down 10.2% from the regular close after fiscal-2027 guidance missed expectations. Semtech holds a post-earnings gain, while Nvidia is little changed before Wednesday’s results.
24-hour prices observed at 12:06 a.m. EDT on August 26 via Robinhood pages; Blue Ocean executions use direct venue feeds and are not carried by the consolidated SIP. Thin overnight liquidity can widen spreads. Session rules · QQQ · SPY · INTU · SMTC
Tuesday close
4:00 p.m. EDT · final
| S&P 500 | 7,677.28 | +0.32% |
|---|---|---|
| Nasdaq Composite | 26,151.30 | +0.66% |
| Dow Industrials | 53,577.40 | +0.30% |
| Russell 2000 | — | +0.50% |
Tech led the rebound before Nvidia; lower oil and Treasury yields helped duration-sensitive shares. Reuters · AP
Participation
Tuesday close · final
Cap-weighted gains outran the average stock; the session was constructive, not broad. Close attribution
Movers & catalysts
latest verified
- IntuitFiscal-2027 revenue growth guided to 9%–10% versus 14% in fiscal 2026; Mailchimp and TurboTax monetization remain pressure points.
- SemtechHeld a 4.0% extended-hours gain after quarterly results and guidance topped expectations.
- Nvidia$213.70 in the 24-hour market, about 0.3% above its $213.05 close; options imply a 5.4% post-earnings move.
- DICK’SClosed down 30.7% after cutting forecasts; the day’s sharpest verified large-cap drawdown.
Cross-asset pulse
10:17 p.m. EDT · latest available
Oil fell more than 2% as markets priced some hope for a temporary Strait of Hormuz shipping channel. Lower energy pressure also pulled the 10-year yield down after Tuesday’s 6.5-basis-point decline.
Wednesday decision points
all times EDT (UTC−4)
Soft PCE, firm auction demand and Nvidia guidance above the market’s high bar could turn Tuesday’s narrow tech rebound into broader participation.
Sticky inflation or weak duration demand would push yields back up; a Nvidia miss would hit the market’s most concentrated leadership.
QQQ $710.72 close, S&P breadth above 50%, the 10-year near 4.63%, and whether Intuit can hold above its overnight low.
![US Stock Market Today 08/26/2026 [UPDATE: 00:14 EDT] [Intuit Slides 10% as QQQ Starts New Trade Date Lower]](https://ts2.tech/wp-content/uploads/2026/08/US-market-dashboard-2026-08-26-0006-480x384.jpg "US Stock Market Today 08/26/2026 [UPDATE: 00:14 EDT] [Intuit Slides 10% as QQQ Starts New Trade Date Lower]")
