Name: Intuit Sinks 11% on Weak Outlook as Nvidia Earnings Loom | Closing Bell
Uploaded: 2026-08-25T20:25:42+00:00
Duration: 613 s

Speakers

Romaine Bostick — Anchor, Bloomberg

Emily Graffeo — Anchor, Bloomberg

Summary

This Closing Bell segment wraps a mostly green U.S. session with oil lower and yields down. After-hours software earnings were in focus: Intuit and Box fell on weak guidance or outlook, while Zoom was mixed. Moderna and Resolve AI rallied on company-specific catalysts, Dick's Sporting Goods collapsed on weak sneaker commentary, and Nvidia earnings loomed as the key AI read.

U.S. indices ended modestly higher, led by the Nasdaq.
Oil dropped about 5%, weighing on energy stocks.
Intuit shares fell after weak fiscal 2027 guidance.
Moderna rallied on a Wolfe Research upgrade after melanoma vaccine data.
Resolve AI surged on a Google Cloud infrastructure deployment.
Dick's Sporting Goods crashed 31% on sneaker market weakness.
Zoom and Box reported mixed-to-soft software results after hours.
Nvidia earnings due tomorrow were framed as the key AI industry check.

Ideas

Romaine Bostick Anchor, Bloomberg 2:25

Intuit guidance disappoints; shares sink.

Intuit's fiscal 2027 guidance disappointed: revenue of $23.28B-$23.51B was only at the low end of Street estimates, operating income of $8.06B-$8.15B was below the roughly $10B consensus, and EPS of $22.80-$23.12 was far below the roughly $27 expected. Shares dropped about 11% after hours, compounding a 46% year-to-date decline amid the SaaS slowdown.

Emily Graffeo Anchor, Bloomberg 3:54

Moderna upgrade on melanoma vaccine.

Moderna was the S&P 500's best performer, up 14%, after Wolfe Research upgraded it to Outperform from Underperform. The upgrade cited positive melanoma vaccine trial results that de-risk the company's mRNA platform.

Emily Graffeo Anchor, Bloomberg 4:28

Nvidia earnings key AI watch.

Nvidia is the key AI-industry report to watch. Shares rose 2.2% on the day and about 14% year-to-date, and the earnings report will test whether Nvidia remains at the center of the AI frenzy even as investors look for other ways to express the AI trade.

Emily Graffeo Anchor, Bloomberg 4:59

Resolve AI wins Google Cloud deployment.

Resolve AI shares rose more than 21% after Google selected its proprietary distributed database technology for deployment at the infrastructure level within Google Cloud. This marks the platform's first major commercial deployment, a significant validation for the roughly $2 billion market-cap company.

Emily Graffeo Anchor, Bloomberg 5:24

Dick's crashes on Foot Locker weakness.

Dick's Sporting Goods had its worst day ever, falling 31% to its lowest level since 2023, because the Foot Locker chain it acquired last year continues to struggle. The company said the footwear market has become increasingly promotional as brands discount on their own websites, while demand shifts to Uggs and Birkenstock. Nike also fell about 3% as a supplier exposed to both Dick's and Foot Locker.

Romaine Bostick Anchor, Bloomberg 8:17

Box guidance misses; shares fall.

Box reported second-quarter revenue above estimates, but its fiscal-year adjusted EPS guidance of about $1.54 came in below its prior view of about $1.56 and below the $1.58 consensus estimate. That bottom-line miss sent shares down roughly 6-8% after hours.

Intuit Sinks 11% on Weak Outlook as Nvidia Earnings Loom | Closing Bell

Summary

Ideas

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