“Stock Market Update | The Closing Beat | 08/26/2026”
Uncertainty about Intuit's ability to compete against AI-driven alternatives following a miss on earnings and revenue.
I was joking the other day about some of these software companies that do we need them anymore because of AI. Into it comes out here today. Uh earnings and revenue uh both for their case below expectations.
Well, Nothing against Turboax or uh money, what is it called? Budget money or whatever they just bought, you know, before. Okay, fine. But do we need it anymore? If I'm able to spend $10 in AI tokens and generate the same thing as soon as we get past the security issues, man, I just don't know if that's some I I don't know how they fight through that, to be honest.