#intuit

#intuit

Infrastructure Solutions Group revenue grew 73% to $19.6 billion, the clearest sign yet that AI server demand is moving from backlog to billings. Management issued a bullish FY27 outlook. Dell also disclosed a $43 billion AI server backlog, providing concrete visibility into next year's ramp.

I know that sounds like a no-brainer to some of the people reading this column. However, American taxpayers like you and me have been conditioned, for decades, to believe that a professional CPA isn't necessary when you can simply do them yourself. This train of thought was incepted into the popular consciousness by retail accounting giants Intuit, the makers of TurboTax, and H&R Block.

"Hundreds of millions of people are engaging with large language models every week,"

A financial move doesn't begin with a new credit product or a dazzling fintech app. It starts with a payment: A contractor waiting for an invoice to clear A restaurant owner sending same-day pay to a delivery driver A corporate treasurer watching how quickly suppliers get paid These seemingly minor exchanges now serve as the fulcrums driving broader financial solutions. Challenges that financial firms, particularly banks, once tackled from the top down - such as cash flow, employee retention, client engagement, and growth strategy - are increasingly being addressed with payments as the starting point.

Sen. Elizabeth Warren criticized Intuit's lobbying against Direct File, asserting that it enables taxpayers to file taxes easily and for free, contrasting it with the interests of powerful corporations.