Intuit (INTU): Exiting Amid AI-Driven Business Model Uncertainty
Matrix Asset Advisors, an asset management company, released its Q3 2026 investor letter. The letter can be downloaded here. U.S. equities increased by 2.30% in Q3 and 12.75% year-to-date through September 30, despite challenges including volatility, high oil prices, inflation, and elevated interest rates. The Federal Reserve’s short-term rates rose to 3.75%–4.00%, with the 10-year […]
Matrix Asset Advisors, an asset management company, released its Q3 2026 investor letter. The letter can be downloaded here. U.S. equities increased by 2.30% in Q3 and 12.75% year-to-date through September 30, despite challenges including volatility, high oil prices, inflation, and elevated interest rates. The Federal Reserve’s short-term rates rose to 3.75%–4.00%, with the 10-year […]
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