Intuit is listed on the Nasdaq-100 index, and AI risk is affecting software stocks like Intuit and Nvidia. Intuit offers financial software including TurboTax and Credit Karma.

The entities involved

• Intuit →

  American business that specializes in financial software

  • Columbia Threadneedle Investments is managing a fund that focuses specifically on technology growth.Mon 04:03
  • Intuit offers services in the United States, enhancing Mailchimp with AI solutions, while Credit Karma is confirmed as a segment of Intuit. AppLovin also operates in the US.Sun 16:05
• Nasdaq →

  American fully electronic stock exchange

  • Apple Inc. stock is traded on Nasdaq, and Jefferies Financial Group restated a hold rating on the company.Mon 17:22
  • Vanguard Short-Term Inflation-Protected Securities ETF is disclosing its holdings to the SEC and trading on the Nasdaq electronic stock exchange.Mon 16:28
• Nvidia →

  American multinational technology company

  • Apple is utilizing TSMC for advanced chip manufacturing, a trend observed alongside market pricing pressures affecting sales volume.Mon 17:45
  • A market sell-off hit major chip companies (AMD, Intel, Micron, Samsung, Nvidia) as the AI trade cooled and investors entered risk-off mode.Mon 17:34

Related events

• Intuit provides financial management services including TurboTax, Mailchimp, and Credit Karma, alongside developing innovative medicines.Jun 7
• Intuit's services (TurboTax, Mailchimp, Credit Karma) were confirmed, and its shares underperformed peers CommVault and Autodesk.Jun 7
• Analyst Mark Murphy published research notes on August 26th discussing AI disruption risks to Intuit, specifically focusing on its flagship product, TurboTax.Aug 28
• Intuit utilizes Apple platforms for app distribution and relies on Amazon for its cloud services.Sat 15:38
• Analysts cited Reuters regarding market expectations for Intuit, noting that Credit Karma remains a key growth engine for the company.Aug 25