Intuit reports Q2 revenue up 17% YoY to $4.65B, vs. $4.53B est., and forecasts Q3 revenue growth of ~10% and EPS below expectations
The company's profit guidance for its third quarter - which overlaps with peak tax season - came in short of Wall Street's expectations
Software stocks in the State Street ETF lost $1.6T in combined market cap in 2026 due to AI fears; Microsoft, AppLovin, Intuit, and Salesforce each lost $50B+
Software stocks rebound as Anthropic announces partnerships integrating its AI tools with enterprise apps, including Slack, Intuit, Docusign, and FactSet
Annie Palmer /CNBC:
Software stocks rebound as Anthropic announces partnerships integrating its AI tools with enterprise apps, including Slack, Intuit, Docusign, and FactSet
Annie Palmer /CNBC:NEW
OpenAI and Intuit sign a multiyear deal, set to generate $100M+ in OpenAI revenue, in which Intuit will deepen its use of OpenAI models and launch ChatGPT apps
Intuit sees the opportunity to expose its products, such as TurboxTax and QuickBooks, to a broader range of potential users on ChatGPT
The IRS open sourced most of its Direct File tax software on GitHub last week, fulfilling a legal requirement under the SHARE IT Act, despite Intuit pressure
The IRS open sourced much of its incredibly popular Direct File software as the future of the free tax filing program is at risk … Bluesky: @daphnek . Mastodon: @jbhall56@infosec.exchange and @jasonko...
Intuit stock jumps 9%+ after reporting Q3 revenue up 15% YoY to $7.8B with FY 2025 guidance of $18.72B to $18.76B, up from $18.16B to $18.35B
Ashley Capoot / CNBC :
Sources: the Trump administration plans to eliminate the IRS' free Direct File tax program, after IRS staff were told in mid-March to stop working on it
apnews.com/article/irs-... Representative Seth Magaziner / @magaziner.house.gov : So instead of using technology to make government more efficient, DOGE is canceling technology to make big corporation...
Q&A with Intuit CEO Sasan Goodarzi on AI, tax, and more; in a follow-up, an exec said “at the very least the end portion of your interview should be deleted”
We declined. … Today's episode of Decoder, well — it's a ride. I'm talking to Intuit CEO Sasan Goodarzi … Threads: @reckless1280 . Mastodon: @GossiTheDog@cyberplace.social . Forums: Hacker News , r/t...
Intuit plans to cut 10% of its global workforce, or ~1,800 employees, and rehire the same number, primarily in its engineering, product, and sales divisions
Intuit CEO Sasan Goodarzi sent the following note to Intuit employees today: Sheryl Estrada / Fortune : Exclusive: Intuit is laying off 1,800 employees as AI leads to a strategic shift Brandon Vigliar...