Intuit Plunges on Weak Guidance; Nvidia Rises Ahead of Earnings

Today's AI insights from 7horns.ai: In today's financial news, Intuit plummeted 11.64% to $315.84 in pre-market trading due to soft fiscal year 2027 revenue guidance of 9% to 10%, easily overshadowing strong quarterly earnings. Meanwhile, chipmaker Nvidia climbed 0.32% ahead of its high-stakes report, and Oklo rose 3.68% amid surging AI electricity demand. Our stock market analysis indicates this divergence highlights crucial trading insights for your market outlook, emphasizing why data-driven investing and AI-powered analysis are vital as investors await PCE inflation data and key corporate earnings. AI insights powered by 7horns.ai. Visit 7horns.ai for your free daily AI market analysis.

You are listening to Seven Horns A I — your A I-powered market update. Good morning. Today is Wednesday, August twenty-sixth, twenty twenty-six, and we are tracking the action ahead of the opening bell in New York. Overnight, Asian markets finished on a strong note, providing a supportive backdrop for global sentiment. The Nikkei two twenty-five closed up zero point seven percent, while South Korea's Kospi gained one point two percent. Hong Kong's Hang Seng index also finished higher, climbing zero point eight percent. This overnight strength in Asia is offering a stable handoff to Western markets as we head into a major trading session. Moving over to Europe, where markets are currently open, the developed international equity exchange traded fund is showing some weakness, down zero point five five percent in early trading. In the United States, however, major index exchange traded funds are pointing to a quiet, essentially flat open. The S&P five hundred proxy is ticking down just zero point zero three percent, while the Nasdaq one hundred proxy is down zero point twelve percent, and the Dow Jones proxy is up zero point zero nine percent. Investors are clearly in a holding pattern, pausing ahead of major catalysts scheduled for later today. The biggest corporate story of the morning belongs to Intuit. The software company is tumbling eleven point sixty-four percent in pre-market trading, down to three hundred fifteen dollars and eighty-four cents. Although the company beat fourth-quarter revenue and earnings expectations, its revenue guidance for fiscal year twenty-seven of nine to ten percent growth came in below consensus estimates, sparking a sharp sell-off. Meanwhile, chipmaker Nvidia is up zero point thirty-two percent in pre-market trading, building on Tuesday's gains of two point nineteen percent. Investors are positioning themselves ahead of Nvidia's highly anticipated earnings report, which drops after today's close. Another area of intense interest is the nuclear power space, driven by A I electricity demand. Oklo is up three point sixty-eight percent this morning, following a major eleven point fifty-four percent surge on Tuesday. Today's session is packed with potential market movers. First, at eight thirty AM Eastern Time, the government will release the latest P C E inflation data, which is the Federal Reserve's preferred inflation gauge. Yields have eased slightly ahead of the print, with the ten-year Treasury yield sitting at four point sixty-three percent. Finally, keep an eye on oil prices, which slid on Tuesday and continue to drift lower this morning, down one point thirty-six percent in pre-market. And of course, everyone is waiting for Nvidia after the bell. That's your pre-market briefing from Seven Horns A I. Good luck out there today. Visit seven horns dot a i for more.