Intuit

Internal memo: Intuit is laying off ~17% of its workforce, or ~3,000 employees worldwide, to streamline operations and sharpen its focus on key bets, like AI

Internal memo: Intuit is laying off ~17% of its workforce, or ~3,000 employees worldwide, to streamline operations and sharpen its focus on key bets, like AI

Intuit (INTU.O) is laying off about 17% of its workforce, or about 3,000 employees worldwide, to streamline operations and sharpen focus …

The Fifth Circuit Court of Appeals throws out a 2024 FTC order barring Intuit from advertising TurboTax products as “free” when many taxpayers are ineligible

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 :