Intuit Falls After Giving Tepid Outlook Despite New AI Tools.

Intuit Inc., the company behind TurboTax, saw its stock drop after providing a sales and profit outlook for the current quarter that fell below analysts' expectations. Despite this, the company reaffirmed its fiscal year forecast. Intuit is focusing on integrating artificial intelligence features into its software, including launching an AI assistant tool for QuickBooks. The company's stock declined after reports of a potential government mobile app for tax filing, but sales in the first quarter rose 10%, driven by Credit Karma. [Extracted from the article]