Intuit is betting its 40 years of small business data can outlast the SaaSpocalypse
via cnbc.com
Short excerpt below. Read at the original source.
Intuit has lost more than 40% of its market cap since the beginning of the year. It’s not alone. Many established SaaS players have seen their stock prices fall in recent months, including Adobe and IBM — the latter experiencing its most significant one-day drop (roughly $40 billion) with Anthropic’s announcement that Claude could now […]