The sell-off at Zoom (NASDAQ: ZM) is not an isolated event; it is the latest tremor in a broader structural realignment known as the "SaaSpocalypse." As of February 27, 2026, over $2 trillion in market capitalization has been wiped from the software-as-a-service (SaaS) sector since the start of the year.
The high-octane artificial intelligence rally that defined the previous two years hit a significant roadblock in February 2026, as investors abruptly pivoted away from expensive growth stocks toward the stability of "old economy" sectors. While the tech-heavy Nasdaq reeled from a valuation reset, the Utilities Select Sector SPDR Fund (NYSE:
Intuit Inc. (NASDAQ:INTU) reported a blowout second quarter for fiscal 2026, delivering a non-GAAP earnings per share (EPS) of $4.15—a 25% increase year-over-year that handily beat Wall Street expectations of $3.68. The results, released as the peak tax season kicks into high gear, underscore the company’
Sen. Warren and Rep. Sherman's Direct File Act aims to make IRS's free online tax filing permanent. Bill requires state integration & prohibits commercial restrictions. Intuit's lobbying led to Trump's cancellation. Direct File had low usage but easier for taxpayers.
Financial technology platform Intuit (NASDAQ:INTU) reported revenue ahead of Wall Street’s expectations in Q4 CY2025, with sales up 17.4% year on year to $4.65 billion. The company expects next quarter’s revenue to be around $8.54 billion, close to analysts’ estimates. Its non-GAAP profit of $4.15 per share was 12.7% above analysts’ consensus estimates.
A number of stocks jumped in the afternoon session after Nvidia CEO Jensen Huang dismissed fears that artificial intelligence would cannibalize the enterprise software sector.
MOUNTAIN VIEW, CA — As the 2026 tax season enters its most critical window, Intuit Inc. (Nasdaq: INTU) reported its fiscal second-quarter earnings today, February 26, 2026, revealing a business in the midst of a profound technological pivot. The financial software giant posted a 15% year-over-year revenue increase to $4.53
Date: February 26, 2026 Introduction Intuit Inc. (Nasdaq: INTU) has long been the undisputed titan of the financial software industry, but its latest second-quarter fiscal 2026 earnings report has solidified its position as a pioneer in the "Generative AI" era. Reporting a significant beat on both the top and bottom lines, Intuit has successfully navigated [...]
Despite Intuit’s weak performance relative to its peers over the past year, Wall Street analysts remain moderately optimistic about the stock’s prospects
March S&P 500 E-Mini futures (ESH26) are down -0.05%, and March Nasdaq 100 E-Mini futures (NQH26) are down -0.09% this morning, pointing to a muted open on Wall Street as investors digest earnings from AI bellwether Nvidia, while nuclear talks betwee...
In a move that has sent ripples of relief through the technology sector, Anthropic, the San Francisco-based AI powerhouse, has successfully recalibrated the market’s perception of artificial intelligence from a disruptive threat to a collaborative tool. After weeks of intense volatility that saw billions of dollars in market capitalization
As the sun sets on February 25, 2026, the global financial community has fixed its collective gaze on a single data point: the fourth-quarter earnings report from Nvidia (NASDAQ:NVDA). Scheduled for release after the closing bell today, the report arrives at a precarious juncture for the technology sector. With
