| 2024-11-19 | -5.1 % |
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| 2024-11-15 | -1.84 % |
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| 2024-11-14 | -0.78 % |
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| 2024-11-13 | +0.97 % |
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| 2024-11-12 | +0.3 % |
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| 2024-11-08 | +1.49 % |
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| 2024-11-05 | -0.03 % |
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| 2024-11-01 | +1.87 % |
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| 2024-10-31 | -1.74 % |
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| 2024-10-30 | -0.42 % |
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| 2024-10-29 | +1.9 % |
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| 2024-10-28 | +0.46 % |
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| 2024-10-25 | +0.88 % |
- Intuit Inc. (NASDAQ:INTU) experienced a 0.88% increase in stock value due to positive quarterly earnings results that exceeded analysts' expectations, along with a boost in the annual dividend, fueling investor confidence.
The stock's rise can be attributed to its strong earnings performance, which reported an EPS of $1.99 against expectations of $1.85, and a revenue of $3.18 billion, surpassing the $3.08 billion forecast, along with an increased dividend payout, which signifies financial stability and commitment to returning value to shareholders.
- The article discusses the recent performance of Nvidia's stock and its potential future trajectory, highlighting the competitive landscape and the impact of monetary policy on the tech sector; Intuit's (INTU) stock rose by 0.88% likely due to positive investor sentiment and market dynamics favoring tech companies amid a backdrop of lower interest rates, which generally enhance growth prospects in the technology sector.
- Intuit Inc. (NASDAQ: INTU) stock rose by 0.88% despite Brighton Jones LLC reducing its position by 37.0% in the third quarter, indicating potentially positive market sentiment or other factors influencing investors.
- Intuit Inc. (NASDAQ: INTU) stock rose by 0.88% following significant institutional investor activity, including a notable stake increase by International Assets Investment Management LLC, as well as positive analyst ratings and strong earnings performance showing revenue growth and exceeding EPS estimates.
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| 2024-10-24 | +0.33 % |
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| 2024-10-23 | -1.24 % |
- The article notes that Intuit Inc. (INTU) saw a decrease of 1.24% in its stock price, despite Sequoia Financial Advisors LLC increasing its holdings in the company by 9.0% during the third quarter. The decline in Intuit's stock could be attributed to market fluctuations or investor sentiment rather than the actions of a single investor.
- Intuit Inc. (INTU) stock decreased by 1.24% amid insider selling by executives and mixed ratings from analysts, despite a recent increase in institutional holdings and positive earnings performance.
The drop in Intuit's stock can be attributed to recent insider selling by executives, which may raise concerns among investors, along with varying price targets and ratings from analysts, indicating uncertainty in the stock's outlook.
- Intuit (INTU) stock fell by 1.24%, likely due to investor concerns following recent news involving the company's Chief Commercial Officer requesting edits to an interview, which may have raised questions about transparency and public relations challenges. Additionally, external content unrelated to Intuit, such as controversies surrounding McDonald's, illustrates a broader context of corporate scrutiny that might have implications for overall market sentiment.
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| 2024-10-22 | -0.71 % |
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| 2024-10-21 | +0.1 % |
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| 2024-10-18 | +0.67 % |
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| 2024-10-17 | -0.03 % |
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| 2024-10-16 | -1.38 % |
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| 2024-10-15 | +0.12 % |
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| 2024-10-14 | +0.08 % |
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| 2024-10-11 | -0.42 % |
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| 2024-10-10 | -0.37 % |
- Intuit (INTU) stock declined by -0.37%, likely due to broader market trends or investor sentiment rather than any specific adverse company news covered in the article.
- The article discusses AMD's launch of its third-generation AI-enabled mobile processors, the Ryzen AI PRO 300 Series, designed for enhanced business productivity, but it does not address the decline of Intuit (INTU) stock, which was down by 0.37%.
The decline in Intuit (INTU) stock could be attributed to various market factors, but specific reasons weren't mentioned in the provided text. Potential influences might include overall market volatility, company-specific challenges, or investor sentiment.
- Intuit Inc. (INTU) stock saw a decline of 0.37% after Artemis Investment Management LLP reduced its holdings in the company by 74.6% in the third quarter, as reported in their recent SEC filing.
- The article discusses the launch of AMD's new Ryzen AI PRO 300 Series mobile processors, designed to enhance business productivity with advanced AI capabilities and improved battery life.
As for Intuit (INTU) stock's decline by -0.37%, the article does not provide specific reasons related to Intuit, but potential factors could include general market volatility, investor sentiment, or competition in financial software; further details from related news or market analysis might be needed for precise reasoning.
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| 2024-10-09 | +1.34 % |
- Intuit Inc. (NASDAQ: INTU) stock rose by 1.34% as investors reacted positively to the company’s recent strong quarterly earnings report, which exceeded analyst expectations, and the announcement of an increased dividend.
- Intuit (INTU) stock rose 1.34% due to increased institutional investor interest, with several hedge funds buying shares and positive analyst reports raising target prices and improving ratings for the stock.
- Intuit Inc. (INTU) stock rose 1.34% as institutional investors, including Hoxton Planning & Management LLC, increased their holdings in the company, reflecting growing confidence in its financial performance, which has seen positive earnings and revenue growth.
- Intuit (INTU) stock rose by 1.34% likely due to positive sentiment following strong quarterly earnings that exceeded analyst expectations, as well as increased institutional investment and favorable ratings from research analysts.
- Intuit Inc. (INTU) stock rose by 1.34% despite Chesley Taft & Associates LLC reducing its holdings by 52.7% in the third quarter, indicating that investor sentiment may be influenced by overall market dynamics or positive developments surrounding the company's performance.
- The article discusses a recent 1.34% increase in Intuit (INTU) stock, reflecting positive market sentiment. The stock likely rose due to strong performance expectations amid ongoing consumer interest in products such as TurboTax during the Prime Day sale, signaling robust business activity.
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| 2024-10-08 | +1.82 % |
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| 2024-10-07 | -1.35 % |
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| 2024-10-04 | +1.14 % |
- Intuit Inc.'s stock (INTU) rose by 1.14% following CFO Sandeep Aujla's sale of 775 shares, likely indicating investor confidence despite insider selling, as such transactions can signal strong financial performance or positive outlook for the company.
- Intuit Inc. (INTU) stock rose 1.14% following Sanctuary Advisors LLC's disclosure of acquiring 19,377 shares in the company during the second quarter, indicating institutional confidence in the stock.
- The article discusses various leadership appointments across multiple advertising and marketing agencies, including the promotion of Dawn Terrazas and Amy Adams at AFG&, and other personnel changes at firms like Allen & Gerritsen, Archer, and Havas, while also mentioning Intuit's stock (INTU) which increased by 1.14%. Intuit (INTU) stock likely rose due to positive market sentiment and possibly strong performance metrics or developments within the company that boosted investor confidence.
- Intuit Inc. (INTU) stock rose 1.14% following news of CFO Sandeep Aujla selling 775 shares, which may indicate confidence in the company's performance as such transactions can often signal positive market sentiment.
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| 2024-10-03 | -0.57 % |
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| 2024-10-02 | +0.16 % |
- Intuit (INTU) stock's slight increase of 0.16% may be attributed to the positive developments and leadership changes at PayPal under CEO Alex Chriss, a former Intuit executive, as he shifts focus towards innovative commerce solutions and emphasizes cost savings, which indicate potential growth for the fintech sector as a whole.
- Intuit Inc. (INTU) stock rose by 0.16% following a report that Northwestern Mutual Wealth Management Co. increased its holdings in the company by 7.6%, indicating positive investor sentiment.
- The article discusses the importance of merger control in supporting economic growth and competition policy in the UK, emphasizing its subtle yet critical role in maintaining a productive and innovative economy. Intuit (INTU) stock may have increased by 0.16% due to positive expectations regarding its performance or broader market trends reflecting confidence in competitive practices and economic resilience.
- The article discusses the significant stock sales by tech billionaires, including Amazon's Jeff Bezos, amid a favorable market environment and potential tax implications, while also noting that Intuit (INTU) shares rose by 0.16% in response to overall positive market conditions driven by optimism around artificial intelligence and high valuations in big tech.
Intuit (INTU) stock likely rose due to investor optimism stemming from broader positive market trends, including advancements in artificial intelligence and a general increase in tech stock valuations, which prompted tech billionaires to cash out some of their holdings.
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| 2024-10-01 | -2.37 % |
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| 2024-09-30 | +0.32 % |
- The article discusses rising stars on Wall Street, highlighting young professionals who are making significant impacts in finance, particularly in areas like clean energy and artificial intelligence, demonstrating hard work and innovation.
Intuit (INTU) stock rose by 0.32% likely due to optimistic market sentiment towards companies driving innovation and engaging their employees, as reflected in the trends highlighted by the profiles of successful young finance professionals who exemplify leadership and transformative strategies in their respective fields.
- The article reflects on the author's experiences with their Hyundai Elantra N, contrasting it with a challenging period during a recent tour where they contracted Covid, leading to feelings of despair and frustration. Intuit (INTU) stock rose by 0.32% likely due to positive market sentiment or performance metrics that boosted investor confidence.
- The Intuit (INTU) stock rose 0.32%, likely due to positive momentum benefiting from its expansion into sports with the new Intuit Dome for the Los Angeles Clippers, which signals strong brand visibility and potential financial growth. Additionally, the article discusses Judy Faulkner's plans for her health data company Epic Systems to remain private, emphasizing her commitment to maintaining control over its operations.
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| 2024-09-27 | -2.8 % |
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| 2024-09-26 | +0.33 % |
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| 2024-09-25 | -0.54 % |
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| 2024-09-24 | -0.59 % |
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| 2024-09-23 | -0.47 % |
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| 2024-09-18 | -1.82 % |
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| 2024-09-17 | -0.22 % |
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| 2024-09-16 | -1.38 % |
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| 2024-09-09 | +1.93 % |
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| 2024-09-06 | -1.02 % |
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| 2024-09-05 | -0.26 % |
- The article discusses Lenovo's announcement of new AI PC devices at the Lenovo Innovation World 2024 but does not directly address the decline in Intuit (INTU) stock, which was down by 0.26%. The drop in Intuit's stock could be attributed to general market trends, company performance issues, or investor sentiment, but the specifics are not covered in the provided text.
- Intuit (INTU) stock decreased by 0.26% amid news that PayPal is expanding its in-person payment options, intensifying competition in the payments industry as it integrates its debit card with Apple's mobile wallet and offers cashback rewards.
The decline in Intuit's stock is likely related to the competitive pressure posed by PayPal's new strategy that could potentially impact Intuit's market position and customer base in the financial technology sector.
- Intuit (INTU) stock declined by 0.26% due to the competitive pressures highlighted by UBS's upgrade of Sage, which is seen as a challenge given the strong competition in the accounting and ERP sectors.
- Intuit Inc (NASDAQ:INTU) experienced a 0.26% decline in stock value due to ongoing regulatory challenges, cybersecurity risks, and the intense competition in the financial technology market, despite demonstrating strong revenue growth and investments in AI.
- Intuit (INTU) stock dropped by 0.26% as the company faces competitive pressures from PayPal's new in-person payment initiatives, including cash-back offers, which may impact market dynamics.
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| 2024-08-30 | +1.2 % |
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| 2024-08-15 | +2.42 % |
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| 2024-08-14 | -1.41 % |
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| 2024-08-13 | +2.94 % |
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| 2024-08-12 | -0.44 % |
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| 2024-08-09 | +0.65 % |
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| 2024-08-07 | -0.46 % |
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| 2024-08-05 | -3.36 % |
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| 2024-08-01 | -1.47 % |
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| 2024-07-31 | +1.82 % |
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| 2024-07-23 | -1.15 % |
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| 2024-07-17 | -1.09 % |
- The article discusses various undervalued stocks including Intuit (INTU) which is believed to be trading below its estimated fair value, showing a discount of approximately 23.8%. Despite its undervaluation, INTU stock declined by 1.09% last night due to various factors such as overall market conditions, economic indicators, and investor sentiment impacting stock prices.
- The article discusses the concept of 'money dysmorphic' and the pressure to match lavish lifestyles seen on social media, leading to financial insecurities and overspending. The drop in Intuit (INTU) stock is likely due to factors specific to the company's performance or market conditions, rather than being directly related to the content of the article.
- The article provides insight into Intel (INTC) stock, with Cantor Fitzgerald reissuing a neutral rating and setting a $40.00 target price, while various other analysts have also shared their ratings and target prices on the stock. The stock opened at $34.34 on Tuesday, with a 12-month low of $29.73 and a high of $51.28, and reported quarterly earnings results that missed estimates. Due to the underperformance in earnings and mixed analyst ratings, Intel stock likely went down by -1.09% last night.
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| 2024-07-16 | +1.21 % |
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| 2024-07-15 | +2.53 % |
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| 2024-07-12 | +1.99 % |
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| 2024-07-11 | -0.54 % |
- Intuit (INTU) stock went down last night due to the company's announcement of cutting 1,800 employees, aimed at elevating performance expectations, realigning resources towards growth areas like AI and international markets, which will include hiring new employees in the future while focusing on restructuring rather than cost-cutting measures.
- The article discusses Alphabet Inc.'s decision to abandon its plans to acquire HubSpot Inc., causing HubSpot's stock to fall more than 11%, with reasons for the breakdown in the talks not provided, potentially affecting Intuit (INTU) stock, which last night was down -0.54%, as the acquisition could have impacted Google’s revenue and cloud infrastructure growth.
- The article discusses how Google's parent company, Alphabet Inc., has decided to abandon its acquisition plans of HubSpot Inc., resulting in HubSpot's stock falling by more than 11%, and this decision may have contributed to the decline in Intuit(INTU) stock as analysts previously saw potential for Google's revenue growth through the cloud infrastructure and business software acquisition.
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| 2024-07-10 | -2.7 % |
- Intuit (INTU) stock was down 2.7% following the company's announcement of plans to lay off about 10% of its workforce, as part of wider market movements driven by anticipation of crucial inflation data and second-quarter earnings later in the week.
- The article discusses how Intuit Inc.'s (NASDAQ:INTU) stock was down by -2.7% last night despite maintaining an Outperform rating and $700.00 price target from BMO Capital due to a recent company restructuring and strategic refocusing on investment areas aimed at enhancing growth and innovation, with a focus on artificial intelligence, Live product offerings, and customer engagement. The stock's downward movement could be attributed to broader market conditions, competitive pressures, or profit-taking by investors reacting to the recent price gains.
- Intuit (INTU) stock dropped 2.6% following news of the company planning to lay off 10% of its workforce as part of the reason why its stock fell, as well as potential rotation from semiconductor stocks into software industry, and tech sector outperforming.
- The article discusses the bullish trend in the stock market and the positive outlook for the S&P 500 index, supported by economic data and earnings reports. It highlights two stock recommendations by Oppenheimer analysts: Braze (BRZE), a cloud software company, and Clearwater Analytics Holdings (CWAN), a fintech company. The article also mentions that despite strong results, Intuit (INTU) stock was down 2.7% last night, with analyst Brian Schwartz attributing it to investors avoiding customer engagement software suppliers in the current operating environment.
- The article covers multiple stock movements, including Intuit (INTU) shares decreasing by -2.7% due to the company's announcement of laying off 10% of its employees and focusing on AI ambitions.
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| 2024-07-09 | -1.39 % |
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| 2024-07-08 | -1.37 % |
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| 2024-07-03 | +0.56 % |
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| 2024-07-02 | +0.84 % |
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| 2024-06-28 | +0.89 % |
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| 2024-06-27 | +2.19 % |
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| 2024-06-26 | +1.11 % |
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| 2024-06-21 | +2.61 % |
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| 2024-06-20 | +1.05 % |
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| 2024-06-17 | +1.14 % |
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| 2024-06-14 | +0.18 % |
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| 2024-06-13 | +0.41 % |
- The article discusses Bendigo and Adelaide Bank's partnership with MongoDB to modernize its core banking technology using generative AI, resulting in a 0.41% increase in Intuit (INTU) stock price; the stock likely went up due to successful modernization initiatives and automation leading to improved efficiency and innovation within the banking sector.
- The article discusses Intuit Inc. (INTU) acquiring technology from Zendrive to enhance Credit Karma's usage-based auto insurance feature, which contributed to a 0.41% increase in INTU stock; the stock went up due to Intuit's strategic move to leverage its strong financial standing, deepen its services, and potentially drive customer growth and retention through the acquisition of Zendrive's technology.
- The article discusses how Scott D. Cook, the founder of Intuit Inc. (INTU), sold over $101 million worth of shares through a prearranged trading plan between June 10 and June 12, 2024, possibly impacting the stock price of INTU. Despite the significant sell-off, INTU stock went up 0.41% last night. The increase could be attributed to Intuit's strong financial performance in Q3 2024, positive outlook from Wall Street firms, and the company's consistent revenue growth and shareholder returns.
- The article discusses how Intuit's stock (INTU) was up by 0.41% last night, and the reason for the increase is due to Intuit previewing its new revenue intelligence technology, which will provide marketers with predictive AI models to help increase revenue by offering personalized content and timing recommendations based on vast industry-specific financial data inputs.
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| 2024-06-12 | +4.4 % |
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| 2024-06-10 | -1.16 % |
- The article discusses the recent decline in Intuit Inc. (INTU) stock, attributing its decrease to Shell Asset Management Co. trimming its position in the company by 20.7% during the fourth quarter, along with other institutional investors buying and selling shares, leading to a decrease in the stock value; providing insights into INTU's financial performance, such as beating earnings per share estimates, and dividend details; and mentioning insider transactions and analyst ratings on the stock.
- The article discusses how the Biden administration has been reaching out to CEOs and corporate leaders for feedback and collaboration, with the goal of understanding their needs and driving investment, ultimately showing a willingness to work with the business community; the decrease in Intuit (INTU) stock may be attributed to broader market conditions, political factors, or specific company performance issues.
- The article discusses President Joe Biden's approach to corporate America and how his administration has been reaching out to business leaders to discuss economic policies, including tax breaks and workforce development. Intuit (INTU) stock went down, possibly due to the broader market sentiments influenced by discussions around corporate tax policies, inflation concerns, and potential impacts on businesses from political decisions such as tariff hikes and regulatory changes.
- Summary: The article discusses how both President Joe Biden and former President Donald Trump are actively engaging with business leaders to garner support for their economic policies, with the Biden administration emphasizing collaboration on driving investment. Intuit(INTU) stock went down by -1.16% due to general market fluctuations and economic concerns raised by both political parties impacting investor sentiment towards certain sectors, including tech companies like Intuit.
Reason for Intuit(INTU) stock going down: The general market fluctuations and investor sentiment impacted by economic concerns raised by both political parties likely contributed to the -1.16% decrease in Intuit(INTU) stock price.
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| 2024-06-07 | +0.22 % |
- The article reports that Capital International Investors increased its stake in Intuit Inc. (INTU) by 0.0% in the fourth quarter, leading to a boost in Intuit's stock value, with several large investors also adding to their stakes. The rise in INTU stock value could be attributed to increased investments by institutional investors like Capital International Investors, Atria Wealth Solutions Inc., D.A. Davidson & CO., AMG National Trust Bank, Burney Co., and Pathstone Family Office LLC. Additionally, positive quarterly earnings performance, with higher than expected EPS and revenue, as well as favorable analyst ratings, contribute to the upward trend in INTU stock value.
- The article discusses a discounted price on the Wacom Intuos Pro small pen tablet, highlighting its features and benefits, including pressure sensitivity, multi-touch support, and compatibility with creative software applications. The intuit (INTU) stock went up last night by 0.22%, possibly due to factors such as positive market sentiments, company performance, or economic conditions, but the article does not directly link the stock increase to the content discussed about the Wacom tablet.
- The article discusses how Intuit's stock (INTU) has recently increased by 0.22% due to its rising revenue, earnings, and consistent dividend increases, resulting in a 'strong buy' rating from Wall Street.
- The article discusses Belpointe Asset Management LLC increasing its holdings in Intuit Inc. (INTU) by 4.8% during the 4th quarter, leading to a rise in the stock price. The increase in stock price may be attributed to several large investors buying and selling shares of Intuit and insider transactions, including sales of shares by company insiders. Additionally, positive earnings results and analysts' high ratings for Intuit may have contributed to the stock price increase.
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| 2024-06-06 | -0.28 % |
- Summary: The article discusses the concept of slow shopping as a way to combat impulse buying and overspending, emphasizing mindfulness in purchases to make informed decisions and avoid buyer's remorse.
Reason for Intuit(INTU) stock going down: The article does not provide direct information on why Intuit(INTU) stock specifically went down, as it mainly focuses on consumer spending and the concept of slow shopping. Stock prices can be influenced by various factors such as company performance, market conditions, economic indicators, and investor sentiment.
- Intuit(INTU) stock was down -0.28% last night, and the article discusses the roller-coaster ride of PayPal (NASDAQ: PYPL), which saw its stock price drop significantly after a peak during the pandemic due to overly euphoric investors and changes in e-commerce demand. The reason for the drop in Intuit(INTU) stock could be influenced by broader market sentiment, company-specific news, or sector trends.
- The article discusses three S&P 500 stocks to consider for purchase, mentioning Intuit (INTU) as the worst-performing stock on May 24 with a more than 8% loss after its Q4 2024 EPS outlook was announced at $1.83, which was at the midpoint of its guidance, possibly leading to the stock's downturn.
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| 2024-06-04 | +0.85 % |
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| 2024-05-31 | +2.39 % |
- The article discusses the recent stock activity of Intuit Inc. (INTU), where on May 31st, 2024, the stock was up by 2.39%, attributed to an executive vice president selling shares, positive earnings results, declaration of a quarterly dividend, and actions by institutional investors and equity analysts. The rise in stock price could be influenced by the positive earnings report, dividend announcement, and strong performance indicators of the company.
- The recent increase in Intuit's (INTU) stock price may be attributed to Chair of the Executive Committee Scott D. Cook selling a significant number of shares in the company, with prices ranging from $562.96 to $588.46 per share, with insider trading patterns being watched closely by investors for potential insights into company performance.
- Summary: Intuit Inc. (NASDAQ: INTU) stock dropped 4.7% after an insider sold shares, but rebounded by 2.39% the following day due to positive quarterly earnings that beat analysts’ estimates and several analysts issuing buy ratings and price target upgrades. Additionally, the company announced a quarterly dividend and has seen positive stock performances influenced by steady revenue growth, financial stability, and strong market ratings.
Reason for Stock Increase: Intuit's stock went up due to positive quarterly earnings results, with the company beating analysts’ EPS estimates, strong revenue growth, buy ratings and price target upgrades from several analysts, and the announcement of a quarterly dividend payment.
- Summary: Steward Partners Investment Advisory LLC increased its stake in Intuit Inc. (INTU) by 6.3% in the 4th quarter, other institutional investors have also adjusted their holdings, leading to Intuit stock rising 2.39% last night.
Reason for Intuit(INTU) stock increase: The rise in Intuit(INTU) stock can be attributed to the increased stake by Steward Partners Investment Advisory LLC and other institutional investors adjusting their holdings based on positive analyst ratings and the company's strong quarterly earnings beat, resulting in a moderate buy rating and an increased target price on the stock.
- The IRS has extended and expanded its Direct File option for the 2025 tax filing season, prompting an increase in Intuit (INTU) stock as IRS offers more free options for tax filers directing to a potential decrease in demand for paid third-party services like TurboTax.
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| 2024-05-30 | -5.9 % |
- The article discusses the growth and key factors influencing the global inventory management software market, forecasting significant growth in the coming years due to various trends and sectors driving demand. Intuit (INTU) stock went down due to factors beyond the inventory management sector, such as overall market conditions, company-specific news, or economic indicators impacting the stock price.
- The IRS announced the expansion and permanence of the Direct File program, causing Intuit Inc., the parent company of TurboTax, to see a significant drop in its stock price by 5.9%, as the Direct File program offers taxpayers a free alternative to tax filing that may impact Intuit's business model that relies on paid tax software services.
- The article discusses various topics ranging from environmental cleanup efforts in Everett to updates on tax preparation initiatives. The summary sentence is: Last night, Intuit(INTU) stock was down by -5.9%, and the drop in the stock price could be due to investors reacting to Salesforce announcing slower sales growth, concerns about the software company's future competitiveness, and challenges faced by other retail companies like Best Buy and Kohl's.
- The article discusses an insider sale of Intuit Inc (INTU) stock by Mark Notarainni, the Executive Vice President of the Consumer Group, and highlights the company's position as a leading provider of financial software. The stock went down -5.9% last night. The decrease in stock value may be attributed to the trend of insider sales within the company and the stock being considered fairly valued based on valuation metrics.
- The article discusses that last night, Intuit Inc. (INTU) stock was down by -5.9%, and this decline in stock value might be linked to the recent selling of shares by the company's CFO, Sandeep Aujla, as well as other factors such as market sentiment, profit-taking by investors, or changes in analysts' recommendations.
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| 2024-05-29 | -0.29 % |
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| 2024-05-28 | -1.15 % |
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| 2024-05-24 | -8.35 % |
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| 2024-05-23 | -1.2 % |
- The article discusses how Nvidia's strong quarterly results boosted tech stocks, with the Nasdaq 100 hitting a new all-time high, while other sectors lagged behind. Intuit (INTU) stock went down by -1.2% as broader market sentiment turned cautious due to inflation concerns and rising Treasury yields.
- Summary: Intuit (INTU) posted a rise in third-quarter revenue and raised its annual forecasts due to demand for its tax filing software TurboTax and other financial products, leading to a positive outlook for the company's financial performance.
Reason for stock going down: Despite the positive financial performance and raised annual forecasts, Intuit (INTU) stock may have gone down due to broader market factors, profit-taking by investors following the recent gains, or concerns about future growth and competition in the sector.
- The article discusses Intuit Inc.'s financial results for the third quarter of fiscal 2024, highlighting growth in revenue, operating income, and earnings per share. The stock of Intuit (INTU) went down by -1.2% last night, potentially due to various factors like market conditions, investor sentiment, or broader economic influences.
- The article discusses the monthly operating report (MOR) filed by Ebix, Inc. and its affiliated debtors in Chapter 11 bankruptcy cases, providing unaudited financial information. The article does not directly mention the reason for Intuit (INTU) stock going down by -1.2%, as it focuses on specific details related to the bankruptcy filings of Ebix, Inc.
- Summary: Nvidia's impressive earnings beat caused a surge in stock futures, lifting S&P500 and Nasdaq 100 futures, while U.S. Treasury and equity market volatility decreased; despite hints of possible rate hikes, the Fed is seen maintaining rates for now, impacting Treasury yields cautiously as market focus shifts to jobless numbers and business surveys. In the UK, steady core inflation data delays rate cut expectations, amidst surprise election news, affecting sterling volatility; meanwhile, geopolitical tensions in Asia and concerns over China's industrial capacity loom.
The Intuit (INTU) stock likely went down due to a combination of market factors, including Nvidia's strong performance leading investors to shift focus from other stocks, the overall state of the economy and interest rates, and geopolitical tensions affecting global markets, possibly diverting attention from Intuit's performance.
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| 2024-05-21 | -0.35 % |
- The article primarily discusses the wealthiest individuals in various states and their sources of wealth, including key figures like Jim Walton and Mark Zuckerberg. The decline in Intuit (INTU) stock could be due to a variety of reasons, including market volatility, economic factors, or company-specific news impacting investor sentiment.
- The article highlights that Intuit Inc. awarded three small businesses $20,000 each as part of the Intuit QuickBooks and Mailchimp Small Business Hero Day, recognizing the impactful contributions of small businesses to their communities; however, despite this positive news, the stock of Intuit(INTU) was down by -0.35%, possibly influenced by various market factors and fluctuations.
- The article discusses a new integration between CallRail and Intuit Mailchimp that aims to personalize customer engagement based on lead attributes and AI-identified conversation insights, ultimately driving lead conversion; the decrease in the Intuit (INTU) stock price could be influenced by factors such as market trends, company performance, economic news, or investor sentiment.
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