‘No Reasons to Own': Software Stocks Sink on Fear of New AI Tool [Yahoo! Finance]
Intuit Inc. (INTU)
Last intuit inc. earnings: 2/24 04:01 pm
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Source: Yahoo! Finance
The release of a new artificial intelligence tool from startup Anthropic on Jan. 12 rekindled fears about disruption that weighed on software makers in 2025. TurboTax owner Intuit Inc. tumbled 16% last week, its worst since 2022, while Adobe Inc. and Salesforce Inc., which makes customer relationship management software, both sank more than 11%. Most Read from Bloomberg Seattle Is Building Light Rail Like It's 1999 E-Bike Boosters Ask: Is It All Downhill From Here? NYC's New Comptroller Sounds Alarm on Two-Year Deficit of $12.6 Billion Millionaire Tax in Rhode Island Gets Governor's Support Summit $451 Million Deal for Bankrupt NYC Buildings Approved All told, a group of software-as-a-service stocks tracked by Morgan Stanley is down 15% so far this year, following a drop of 11% in 2025. It's the worst start to a year since 2022, according to data compiled by Bloomberg. “The Anthropic news we got underlines how difficult it is to assess what growth can look like going
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INTU
News
- Wells Fargo Downgrades Intuit (INTU) as “Impossible” 2025 Comparisons Cloud 2026 Growth Outlook [Yahoo! Finance]Yahoo! Finance
- Intuit Announces Annual Stockholder MeetingBusiness Wire
- Intuit TurboTax Opens NYC Flagship, Uniting AI and Human Expertise to Reinvent In-Person Tax Filing NationwideBusiness Wire
- Goldman Sachs Assumes Coverage of Intuit (INTU) Stock [Yahoo! Finance]Yahoo! Finance
- Intuit (NASDAQ:INTU) was upgraded by analysts at The Goldman Sachs Group, Inc. to a "hold" rating.MarketBeat
INTU
Earnings
- 11/20/25 - Beat
INTU
Sec Filings
- 1/12/26 - Form 8-K
- 1/9/26 - Form 4
- 1/8/26 - Form 4
- INTU's page on the SEC website