Intuit Inc Surges 9.63% with $1.665 Billion Trading Volume Ranking 94th as TurboTax Integrates Google Cloud AI
On April 9, 2025, intuit inc. (INTU) saw a trading volume of $1.665 billion, ranking 94th in the day's stock market activity. The company's stock price surged by 9.63%.
Intuit Inc. has enhanced its TurboTax platform by integrating google Cloud's AI capabilities. This integration improves the autofill feature, reducing the need for manual data entry and increasing the accuracy and efficiency of tax return processing. The collaboration with Google Cloud allows TurboTax to expand its "done-for-you" autofill feature to cover the ten most common U.S. tax forms, including 1099 and 1040.
Intuit has also incorporated Google Cloud's Document AI and Gemini models into TurboTax, further streamlining the tax filing process. This integration aims to simplify tax preparation for millions of TurboTax users by leveraging generative AI capabilities. The enhanced autofill feature is designed to make the tax filing experience more efficient and user-friendly, aligning with Intuit's goal of providing innovative solutions for its customers.
