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Investing.com29d agobullish
Premarket movers: Nvidia in focus, Intuit slides and Semtech surges

Investing.com - U.S. stock futures hovered around the flatline on Wednesday, as investors remained cautious ahead of the latest U.S. inflation data and Nvidia’s quarterly results, with both events likely to offer fresh clues on the outlook for interest rates and the durability of the artificial intelligence trade.

Intuit shares plunge as cautious fiscal 2027 guidance falls short of forecasts
InvestorsHub29d agobearish
Intuit shares plunge as cautious fiscal 2027 guidance falls short of forecasts

Intuit (NASDAQ:INTU) shares dropped sharply in premarket trading on Wednesday after the financial software company issued fiscal 2027 guidance below Wall Street expectations as it adjusts its strategy to “accelerate customer growth, increase market share, and strengthen the long-term durability” of its growth model. The stock was down 11.

Stocks to Watch: Nvidia, Intuit, Meta
The Wall Street Journal29d agoneutral
Stocks to Watch: Nvidia, Intuit, Meta

↘️ Intuit (INTU): The company, known for its tax-preparation and accounting software, forecast slower sales growth in the year ahead as it navigates declines in its desktop business. Shares dropped more than 11% premarket.

Intuit Q4 Earnings Call Highlights
MarketBeat30d agoneutral
Intuit Q4 Earnings Call Highlights

Intuit (NASDAQ:INTU) reported fiscal 2026 revenue growth of 14% and said it is shifting investment and execution in fiscal 2027 toward acquiring more new customers, after results showed slower growth in parts of its QuickBooks and TurboTax businesses. For the full year, GAAP and non-GAAP diluted ea

Intuit (NASDAQ:INTU) Posts Better-Than-Expected Sales In Q2 CY2026 But Full-Year Sales Guidance Slightly Misses Expectations
StockStory30d agobearish
Intuit (NASDAQ:INTU) Posts Better-Than-Expected Sales In Q2 CY2026 But Full-Year Sales Guidance Slightly Misses Expectations

Financial technology platform Intuit (NASDAQ:INTU) reported Q2 CY2026 results beating Wall Street’s revenue expectations, with sales up 13.7% year on year to $4.35 billion. On the other hand, next quarter’s revenue guidance of $4.31 billion was less impressive, coming in 1.3% below analysts’ estimates. Its GAAP profit of $1.34 per share was 75.1% above analysts’ consensus estimates.

Intuit Stock Falls Following Slowdown in Growth Forecast
The Wall Street Journal30d agobearish
Intuit Stock Falls Following Slowdown in Growth Forecast

Intuit stock is falling about 7% in late trading. Investors are souring on the software company after it guided for growth to slow this fiscal year, forecasting revenue up 9% to 10%, compared with 14% growth in the latest year.