Intuit Inc. (INTU) stock rose 1.48% to $659.73 following the launch of new AI agents on its All-in-One QuickBooks platform. These agents automate key business functions—accounting, finance, customer management, VAT compliance, and project tasks—aiming to save businesses up to 12 hours monthly. The redesigned QuickBooks interface features customizable widgets and real-time insights, enhancing user experience. A report titled “The Growth Gap” reveals that UK SMBs lose 58% of growth potential due to inefficiencies, underscoring the need for AI integration. The report indicates that optimizing execution could increase SMB revenues by 7.9% annually. Despite mixed performance results—5.90% YTD and -5.02% over the past year—Intuit maintains a robust 91.14% return over five years. Businesses can leverage these AI advancements to streamline operations and boost productivity. For live updates and stock insights, visit KnockoutStocks.com.
Source link
Share
Read more