As American software giant Intuit becomes S&P 500’s Worst Performer this year; CEO says: We bet the entire company on data AI and one of …
American software giant Intuit has become the worst-performing stock in the S&P 500 this year, as investors worry that a new wave of AI-powered tax services could challenge the company’s flagship TurboTax business. The company’s stock has fallen about 51% so far in 2026, even as CEO Sasan Goodarzi continues to defend the company’s AI-focused…