Intuit's Stock Takes a Hit Following Cautious Outlook Amid AI Innovations

Intuit Inc., the financial software giant known for TurboTax and QuickBooks, saw its shares drop significantly after the company provided an underwhelming forecast despite announcing new advancements in its artificial intelligence (AI) capabilities. The dip in share price has raised concerns among investors about the company's short-term growth prospects amidst its continued push into AI technologies.

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