This Fund Exits Intuit (INTU) Amid Concerns of AI Disruption to TurboTax’s Moat
Guinness Global Innovators Fund flagged that Intuit’s TurboTax performance weakened its moat—TurboTax revenue grew 7% (below about 8% expectations) and paid DIY returns declined sharply, especially among price-sensitive, lower-income filers—prompting an exit amid “Saaspocalypse” AI-disruption worries.
Aug 24, 2026 ·
Yahoo Finance












