Intuit Stock Plunges 24% in 2026 as AI Threatens TurboTax's Grip on Tax Season
Intuit shares have cratered 24% in 2026 as investors fear AI tools could disrupt TurboTax's dominance in tax preparation. Here's what it means for shareholders.
538 articles found for "tax"
Treasury Secures Historic Global Tax Exemption for U.S. Multinationals
The Trump administration has secured an exemption for U.S.-headquartered companies from the OECD's global minimum tax, reversing a key Biden-era policy initiative.
Waymo Raises $16 Billion at a $126 Billion Valuation and Begins Deploying Sixth-Generation Robotaxis as the Autonomous Vehicle Race Enters Its Most Critical Year
Waymo closed a $16 billion funding round at a $126 billion valuation and has begun deploying its sixth-generation Ojai robotaxi fleet as the company targets one million weekly paid rides by year-end.
Rivian Reports Q4 Tonight as the EV Startup Confronts Life Without the $7,500 Tax Credit and a Market That Has Lost Patience With Unprofitable Growth
Rivian reports Q4 2025 earnings tonight with Wall Street expecting a $568 million EBITDA loss and roughly 2% gross margin. The stock is down 25% in 2026 as the EV tax credit elimination reshapes the industry.
The SEC Is Building a 'Token Taxonomy' That Could Redefine How America Regulates Digital Assets
The SEC's 'Project Crypto' initiative aims to create a formal token taxonomy distinguishing securities from commodities, potentially ending years of regulatory ambiguity for the crypto industry.
Detroit's $53 Billion EV Retreat: How the Loss of the Federal Tax Credit Unraveled America's Electric Vehicle Ambitions
Ford, GM, and Stellantis have recorded a combined $53 billion in EV-related writedowns and charges since the $7,500 federal tax credit expired in September 2025.
MarketAxess Posts Record $846 Million Revenue as Electronic Bond Trading Revolution Enters a New Phase
MarketAxess reports record revenue of $846 million for 2025 as electronic bond trading volumes surge, with portfolio trading up 126% and emerging markets hitting all-time highs.
Ford Slashes F-150 Lightning Prices by $4,000 After Losing Federal Tax Credit
Ford cut 2026 F-150 Lightning prices by up to $4,000 on Flash and Lariat trims after the electric truck lost access to the $7,500 federal EV tax credit. Buyers face a complicated value calculation.
Tesla's Robotaxi Goes Fully Driverless in Austin as Seven-City Expansion Looms
Tesla removes all human safety monitors from its Austin robotaxis, marking a historic milestone as the company prepares to launch in Dallas, Houston, Phoenix, and four more cities.
America's EV Dream Stalls: Tax Credit Death Triggers 46% Q4 Collapse as BYD Dethrones Tesla Globally
US electric vehicle sales plunged 46% in Q4 after the $7,500 federal tax credit expired, while China's BYD overtook Tesla as the world's largest EV maker for the first time.
Tesla Posts First Annual Revenue Decline in Company History as Musk Pivots to Robotaxis and Robots
Tesla's Q4 2025 EPS of $0.50 beats estimates, but the company's first-ever annual revenue decline and 61% net income plunge underscore a painful transition from growth to robotaxi ambitions.
Tesla Q4 Earnings Face High-Stakes Test Amid Declining Deliveries and Robotaxi Delays
Tesla reports Q4 2025 results after market close with analysts expecting a 30% EPS decline. Declining deliveries, robotaxi setbacks, and BYD's rise loom over the electric vehicle pioneer.