Welcome to our dedicated page for Intuit news (Ticker: $INTU), a resource for investors and traders seeking the latest updates and insights on Intuit stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Intuit's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Intuit's position in the market.
Rhea-AI Summary
Intuit Inc. (INTU) announced financial results for the first quarter of fiscal 2024, ending October 31. The company's total revenue grew to $3.0 billion, up 15 percent, with Small Business and Self-Employed Group revenue increasing to $2.3 billion, up 18 percent. Online Ecosystem revenue grew to $1.6 billion, up 20 percent. Credit Karma revenue reported at $405 million, down 5 percent. Consumer Group revenue increased to $187 million, up 25 percent, and ProTax Group revenue grew to $42 million, up 24 percent. Operating income increased by 304% to $307 million, with non-GAAP earnings per share at $2.47, up 49%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.15%
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Rhea-AI Summary
Intuit Inc. (INTU) CEO Sasan Goodarzi to present at Nasdaq Investor Conference in London. The fireside chat will be available live via audio webcast on Intuit’s investor relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.68%
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Rhea-AI Summary
Intuit Inc. (INTU) announced that Marianna Tessel, EVP and GM of Small Business & Self Employed Group, will present at the UBS Global Technology Conference on November 29, 2023. The fireside chat will be available via audio webcast on Intuit’s investor relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.68%
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Rhea-AI Summary
Intuit Inc. (INTU) announces expanded experiences for small businesses and Spanish language filers with the latest evolution of its TurboTax Live Full Service offering, launching on November 30, 2023. The offering will match customers to a virtual tax expert or local Intuit TurboTax Verified Pro for virtual or in-person tax preparation. New GenAI-powered innovations will roll out across its TurboTax Online and TurboTax Live products and services, including Spanish language translations, increasing the ease of tax preparation for all taxpayers and small businesses.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.5%
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Rhea-AI Summary
Intuit (NASDAQ: INTU): Intuit QuickBooks survey reveals that Canadian consumers plan to increase total small business spend by 40 per cent year-over-year. The survey found that consumers are budgeting 33 per cent more for holiday purchases than last year, and 43 per cent expect to do at least half of their shopping at small businesses. The survey indicates a significant surge in the intention to support small businesses, driven by an average spending budget of $459 per shopper, a notable 37 per cent increase from last year's average of $334. Intuit QuickBooks has created a tailored Small Business Holiday Gift Guide to encourage Canadians to shop local, and help small businesses meet this season’s sales goals.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.39%
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Rhea-AI Summary
Intuit (NASDAQ: INTU) Unveils QuickBooks Platform Innovations at QuickBooks Connect Conference in Las Vegas. Introducing QuickBooks Ledger, QuickBooks Online Accountant improvements, and New QuickBooks ProAdvisor Program. The event focuses on fostering relationships, providing insights, and empowering small businesses and accounting professionals through AI-driven innovations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.39%
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Rhea-AI Summary
Intuit (Nasdaq: INTU) announces a strategic partnership with Allstate Health Solutions to provide expanded insurance options for QuickBooks Online Payroll customers, offering a seamless and affordable integrated experience. This partnership aims to simplify the process of selecting and managing employee benefits, saving time and minimizing errors for busy business owners. Allstate Health Solutions will offer a wide range of insurance options, including supplemental and voluntary benefits, with a dedicated agent network for expert guidance and personalized recommendations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.39%
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Rhea-AI Summary
INTU: Intuit Announces Enhanced Tax Preparation Software and Tools for Tax Year 2023, Including Intuit Tax Advisor, ProConnect Tax, Lacerte Tax, and ProSeries Tax, to Help Accounting Professionals Stay Ahead of the Curve
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.5%
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Rhea-AI Summary
Intuit Inc. announces new e-commerce innovations for QuickBooks Online to help small businesses manage inventory across sales channels. The features automate inventory accounting processes, sync products and orders across sales channels, spot growth opportunities, maintain accurate inventory quantity, seamlessly replenish low stock, and track costs and expenses.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.17%
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Rhea-AI Summary
A new survey commissioned by Intuit QuickBooks reveals that 42% of US consumers plan to increase their spending at small businesses this holiday season compared to last year. Total consumer spending at small businesses is expected to jump by 42% as well. Despite economic uncertainty, nearly 3 in 5 consumers believe shopping at small businesses offers a less stressful experience than shopping at big retailers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.17%
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Intuit Inc
Nasdaq:INTU
INTU Rankings
INTU Stock Data
175.60B
271.77M
2.87%
88%
1.21%
Software Publishers
Information
United States of America
MOUNTAIN VIEW
About INTU
Intuit Inc. is an American business software company that specializes in financial software. The company is headquartered in Mountain View, California, and the CEO is Sasan Goodarzi.