Intuit (INTU) stock rose nearly 2% as its TurboTax, Credit Karma, QuickBooks, and Mailchimp apps became available within ChatGPT, marking a rebound for software stocks after an AI-fueled selloff. Investors are now keenly focused on Intuit’s upcoming Q2 earnings report and outlook on February 26th, which will provide crucial insight into the impact of AI on revenue growth, customer retention, and cross-selling. The company is navigating the balance between leveraging AI to enhance workflows and maintaining control over customer data and margins.
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Intuit stock rises nearly 2% as ChatGPT apps go live — what INTU investors watch next
Intuit (INTU) stock rose nearly 2% as its TurboTax, Credit Karma, QuickBooks, and Mailchimp apps became available within ChatGPT, marking a rebound for software stocks after an AI-fueled selloff. Investors are now keenly focused on Intuit’s upcoming Q2 earnings report and outlook on February 26th, which will provide crucial insight into the impact of AI on revenue growth, customer retention, and cross-selling. The company is navigating the balance between leveraging AI to enhance workflows and maintaining control over customer data and margins.