Intuit’s latest earnings report gave investors new evidence of the bullish case Morgan Stanley made ahead of the company’s fiscal third-quarter results, while leaving some of Wall Street’s biggest concerns around TurboTax and artificial intelligence unresolved. The company reported tax third quarter revenue of $8.56 billion, up 10% from a year ago, while GAAP diluted…
Quick reading This strategy works for investors with 7-15 year horizons willing to live on 1-2% returns today, but fails for retirees who need immediate cash flow regardless of dividend growth. Are you ahead or behind in your retirement? SmartAsset’s free tool can connect you with a financial advisor in minutes to help you answer…
Recent announcements from OpenAI, creator of ChatGPT, will transform the way the financial industry works. Financial services providers, who thrive on helping customers improve their businesses, now have to deal with a new threat in the form of ChatGPT. The AI chatbot will soon help people and businesses get personalized answers related to tax, business,…
Will artificial intelligence make financial advisors obsolete? It may be too early to tell, but two-thirds of Americans are already using generative AI for financial advice, according to a study. Intuit credit karma survey published in September. Nearly as many say they use GenAI “often” for financial guidance, and 75% of respondents say they feel…
