Intuit, the maker of TurboTax tax filing software, has been found to have engaged in deceptive advertising practices, according to an Opinion and Final Order issued by the Federal Trade Commission (FTC).The commission ruled that Intuit violated the FTC Act by running ads for “free” tax products and services that were not available to many consumers, the FTC said in a Monday (Jan. 22) press release.“The Commission’s opinion finding that Intuit has engaged in a ‘broad, enduring and willful’ deceptive advertis ...

Intuit (INTU) ended the recent trading session at $635.82, demonstrating a +0.83% swing from the preceding day's closing price. This change outpaced the S&P 500's 0.29% gain on the day. Elsewhere, the Dow lost 0.25%, while the tech-heavy Nasdaq added 0.43%.The maker of TurboTax, QuickBooks and other accounting software's shares have seen an increase of 1.05% over the last month, not keeping up with the Computer and Technology sector's gain of 3.67% and the S&P 500's gain of 2.08%.Analysts and investors alik ...

ToplineThe Federal Trade Commission has found Intuit, the maker of TurboTax, used deceptive advertising techniques by promoting “free” tax preparation services that weren’t actually free for all customers, the FTC said Monday, issuing an order to rein in some of the company’s marketing practices.Intuit will appeal the decision. (Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via ... [+] Getty Images)SOPA Images/LightRocket via Getty Images Key FactsThe FTC found Intuit’s claims that TurboTax ...

One of the most impressive things about the technology sector is that it can adapt to any other existing sector. Without a doubt, a fundamental pillar for the evolution and improvement of our daily lives is the software companies that are constantly developing and implementing tools that facilitate our existence as a society and improve each of the processes that we need to execute. If you want to invest in companies that are constantly developing incredible applications and betting on our future, here are ...

The latest trading session saw Intuit (INTU) ending at $599.84, denoting a -0.66% adjustment from its last day's close. This change lagged the S&P 500's 0.56% loss on the day. Elsewhere, the Dow saw a downswing of 0.25%, while the tech-heavy Nasdaq depreciated by 0.59%.Shares of the maker of TurboTax, QuickBooks and other accounting software have depreciated by 2.84% over the course of the past month, underperforming the Computer and Technology sector's gain of 1.27% and the S&P 500's gain of 1.2%.The upcom ...

Every day for the next three weeks, we're going to highlight one of Schaeffer's top 12 picks for 2024. First up this week, we have fintech stock Intuit Inc. (NASDAQ:INTU). To access the entirety of the 2024 report, click here.Tax software stock Intuit (INTU) has outperformed the Nasdaq Composite Average (NDQ) over most measurable periods both short-and long-term. Even amid bouts of volatility, INTU carved out channels of higher highs all throughout 2023. Shorter term, the stock has consolidated above the 61 ...

Intuit (INTU) ended the recent trading session at $608.71, demonstrating no swing from the preceding day's closing price. This move was narrower than the S&P 500's daily loss of 0.07%.The maker of TurboTax, QuickBooks and other accounting software's stock has dropped by 0.25% in the past month, falling short of the Computer and Technology sector's gain of 2.5% and the S&P 500's gain of 3.98%.The upcoming earnings release of Intuit will be of great interest to investors. On that day, Intuit is projected to r ...

JHVEPhoto Investment action I recommended a hold rating for Intuit (NASDAQ:INTU) when I wrote about it the last time, as I expected headwinds from the macro environment to impact INTU's core customer base - small businesses and consumers. Based on my current outlook and analysis of INTU, I recommend a buy rating. My change in rating is primarily due to INTU performing much better than I expected in 1Q24, showing that it is not heavily impacted by the macro environment (which was my concern). Not only that, ...

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Intuit Inc. (Nasdaq: INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, will hold its annual stockholder meeting virtually on Thursday, January 18 at 8:00 AM Pacific time (11:00 AM Eastern time). Sasan Goodarzi, Intuit’s chief executive officer, will review the company's fiscal year 2023 results and discuss the company’s strategy for growth. The meeting will be webcast live on Intuit’s website at http ...

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Intuit Inc. (Nasdaq: INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, announced today that Credit Karma members and QuickBooks Online customers can prepare and file their 2023 taxes through TurboTax within the Credit Karma and QuickBooks Online product experiences. Combining Intuit’s AI-platform capabilities and the tax knowledge engine powering TurboTax with a filer’s personal and financial data alre ...