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Intuit INTU - News Analyzed: 6,772 - Today: 100 - Last Week: 100 - Last Month: 500

Intuit INTU Takes Market By Storm; Utilization of AI & Strong Q3 Results Fuel Growth Amid Rapidly Changing Holdings

Intuit INTU Takes Market By Storm; Utilization of AI & Strong Q3 Results Fuel Growth Amid Rapidly Changing Holdings
Oracle and Intuit compete as potential investments in enterprise software. A $100 investment in Intuit 20 years ago proves highly profitable today. Unsurprisingly, CLSA initiates coverage on Intuit with an outperform rating. Jim Cramer touts Intuit's innovative utilization of AI platforms. While Copeland Capital Management, Overbrook Management Corp, Bessemer Group and Sumitomo Mitsui Trust Group Inc. have reduced their positions, other firms, including Lecap Asset Management Ltd. and Mirae Asset Global Investments Co. Ltd., have invested. Intuit's Q3 results exceeded expectations, prompting a guidance raise and stock rally. Advancing their product offerings, Intuit Mailchimp debuted new AI-powered marketing tools at FWD: London. Despite some insider sales by certain executives, multiple wealth and asset management firms have taken or increased positions in Intuit, contributing to the stock's surge over 22% within a month. Lastly, Intuit's robust growth has landed it an outperform rating amid its promising financial health.

Intuit INTU News Analytics from Wed, 23 Apr 2025 07:00:00 GMT to Sat, 28 Jun 2025 12:32:34 GMT -

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