Intuit (INTU)

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Intuit Inc (NASDAQ:INTU) shares are plummeting on Tuesday after Oppenheimer cut its price target on the stock. Here's what you should know.

Shares of digital advertising platform Magnite (NASDAQ:MGNI) fell 14.5% in the afternoon session after disappointing fourth-quarter results from industry bellwether Gartner sparked widespread concerns about a slowdown in the sector. 

A number of stocks fell in the morning session after disappointing fourth-quarter results from industry bellwether Gartner sparked widespread concerns about a slowdown in the sector. The research and advisory firm reported that revenue in its Consulting segment fell 12.8%. This weak performance from a major industry player appeared to validate broader market fears about the health of the IT services and consulting industry. The negative sentiment spread quickly, with shares of other major companies like Accenture and Intuit also falling sharply. The market now seems concerned about a potential slowdown in the sector's growth rate, compounded by uncertainty over the long-term impact of artificial intelligence on existing business models.

Shares of performance marketing company QuinStreet (NASDAQ:QNST) fell 7.9% in the morning session after disappointing fourth-quarter results from industry bellwether Gartner sparked widespread concerns about a slowdown in the sector. 

A number of stocks fell in the morning session after disappointing fourth-quarter results from industry bellwether Gartner sparked widespread concerns about a slowdown in the sector. 

A number of stocks fell in the morning session after disappointing fourth-quarter results from industry bellwether Gartner sparked widespread concerns about a slowdown in the sector. 

A number of stocks fell in the morning session after a broad sell-off swept through the software sector, driven by growing concerns about the impact of artificial intelligence. 

SiteOne Landscape Supply distributes a broad range of landscape products to professional customers across North America.

BellRing Brands markets protein shakes and powders through Premier Protein and Dymatize, serving health-conscious consumers globally.

Serving bookmakers and media worldwide, Sportradar delivers sports data, analytics, and streaming solutions across the betting value chain.

The payments firm dived after bringing in a new CEO and missing Q4 views.

The firm’s review suggests the challenges impacting Affirm are likely temporary and should ease over time.

Intuit is still guiding for double-digit growth in fiscal 2026, but at a meaningfully slower rate than last year.

On Jan. 28, 2026, Fed caution barely moved markets as investors watch AI and tech earnings closely.