Intuit suffers worst plunge since 2003 after announcing job cuts

Intuit Inc. suffered its worst stock decline in more than two decades after announcing plans to cut about 17% of its staff and reporting slower TurboTax sales than anticipated.

Intuit shares drop despite Q3 beat on TurboTax weakness

Intuit Inc (NASDAQ:INTU, XETRA:ITU) shares opened about 19% lower on Thursday despite the company posting fiscal third quarter results that topped Wall Street expectations, as investors focused on a weaker long-term outlook for TurboTax and plans to cut roughly 17% of its workforce.

California’s Intuit to slash thousands of jobs, cut workforce by 17%, internal memo shows

Tech giant Intuit is shuttering its Los Angeles-area office and slashing thousands of jobs worldwide in a sweeping shakeup that comes as Silicon Valley races to embrace artificial intelligence. The company behind TurboTax,

Intuit Stock Was Absolutely Hammered After a Beat-and-Raise Quarter. Time to Buy on the Dip?

Shares of financial software giant Intuit (INTU 19.98%) plunged 20% on Thursday after the company reported its latest quarterly results and outlined plans to cut about 17% of its

Intuit shares tumble after weaker TurboTax outlook despite stronger earnings guidance (INTU)

Intuit (NASDAQ:INTU) raised its full-year guidance and delivered third-quarter results ahead of expectations as the company continued to benefit from its AI-focused platform strategy. However, the financial software group also reduced its annual revenue outlook for TurboTax and announced plans to cut 17% of its workforce as part of a broader operational restructuring programme,

TurboTax offers free filing for any tax situation

Many tax-software companies have free tiers, but most only accept federal returns and a limited number of schedules. Through the end of February, TurboTax will process any state a
Yahoo

TurboTax wants to use your tax return to show you ads. You can say no.

Add Yahoo as a preferred source to see more of our stories on Google. FILE - This is a display of TurboTax on display in a Costco Warehouse in Pittsburgh on Thursday, Jan. 26, 2023. U.S. regulators have barred TurboTax maker Intuit Inc. from advertising ...

Intuit shares slide after earnings, and other early market movers

Here are some of the stocks making notable moves in Thursday's premarket action: Intuit shares are sliding 13% after the maker of TurboTax and QuickBooks delivered earnings and said a restructuring th
Business Wire

Intuit Supercharges Virtual Expert Platform with AI Enhancements to Streamline Expert-Assisted Tax Filing

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Intuit (Nasdaq: INTU), the global financial technology platform that makes TurboTax, Credit Karma, QuickBooks, and Mailchimp, has introduced artificial intelligence (AI) enhancements for its Virtual Expert Platform ...