Good morning. Earlier this week, I had the opportunity to go with intuit CEO Sasan Goodarzi and play with four AI power agents that will launch QuickBooks online next week. This is the first time I have seen agents deploy so effectively while helping humans improve productivity. (I do like to see Cognizant’s Babak Hodjat creates multi-agent system on the spot At the Fortune COO Summit earlier this month, but many of us will deploy agents instead of creating them. )
Intuit has four topic agents – one client that can identify potential customers in email, draft emails and track interactions to point of sale; one for simplifying and speeding up payments for the process; the other for finance, analyzing and helping you improve your business health; and the fourth for accounting, reconciling fees and satisfying your bookkeeper. If I had this ten years ago, I might still be an entrepreneur.
“That’s by far the most important launch event in our history because it’s end-to-end,” Goodarzi told me. “From managing prospects to making sure you get payments and accounting done, it’s a virtual team that can do a lot of work, and it’s a combination of AI and humans doing this work. It’s been six years since it’s done.”
“It has nothing to do with the workflow,” he said. It’s about a commercial product that provides everything to the customer while always controlling it. It’s not only about technology; it’s about human expertise, because in our world, even millennials, they want a guarantee for humanity. “When I asked Goodarzi to reflect on what this means for companies that interact with taxes and taxes, because what he said was, “I’m because of what we declare, and we’re because of how we work, because of how we work, and because of how we help us.”
More news below.
Contact CEO every day through Diane Brady diane.brady@fortune.com
Top news
United States – China Trade Agreement
The United States and China have a “understanding” about the trade in which China will provide rare earth minerals to the United States, and in return, “we will beat our countermeasures”, U.S. Secretary of Commerce Howard Lutnick Tell Bloomberg.
Trump’s son is considering a dynasty
Eric Trump told FT that he or Donald Jr., Ivanka or his wife, Lara, may continue their father’s legacy in politics. “I think I can do it.” Eric Trump says. “By the way, I think other members of our family can do it too.”
The dollar did not pay $100 million to those people
Lucas Beyer is one of three OpenAI researchers leading the Zurich office of Sam Altman Say on X They didn’t get $100 million in compensation to join Mark Zuckerberg’s company. “No, we didn’t get a 100m login, it’s fake news,” he said.
Analysts say Citi stock is worth $100.
Citi chief Jane Fraser suffered months of negative headlines, but yesterday she got some good news. Bank of America analyst Ebrahim Poonawala Rate stocks as “buy” The price target is $100 and says Fraser’s reform is running. Stocks closed last night at $84.37.
Two senior executives left Tesla.
Omead Afshar, head of sales and operations in North America and Europe, Jenna Ferrua, Head of Human Resources, North America, Have quit TeslaAfter a tough time in the company: Vehicle delivery fell 13% in the first quarter and profits fell 71%.
Trump v. Judge
The White House sued all 15 federal judges in Maryland to oppose his eviction plan. The normal way to file a judicial decision is to appeal the decision. Suit Therefore, the Trump administration conducted a legal collision course with the judiciary, and government branches have high powers.
Real estate developers in New York, panic
If Zohran Mamdani wins the New York City Mayor’s game, it’s “will be the death penalty for the city,” Gaia Real Estate CEO Danny Fishman, Tell WSJ. “Miami and Palm Beach are the best things to do since the Twelve Islands.” Mamdani prefers rent control, and New York’s Moguls is organizing nearly everyone who can beat him.
Bill Ackman makes a promise
Hedge Fund Manager Bill Ackman is looking for funds Candidates who can beat Democratic leader Zohran Mamdani in the New York City mayoral election. He shared that he and his colleagues were ready for “hundreds of millions of dollars” and that once they found people to work, “the funds would flood in.”
Not made in the United States
Trump Organization no longer claims T1 phone It will now be made in the United States, and now opt for a more vague description of the product on its website, such as “taking into account American values.” The company announced its new brand less than two weeks after it made the conversion less than two weeks after it announced.
market
- The third day in a row, investors will pay attention today to see if it is S&P 500 It can break its history. index closure Yesterday’s 6,141 points were a few points lower than the February record (6,144.15). Standard & Poor’s Futures This morning it rose 0.24% to $6,209.50, above the index’s all-time high. Stoxx Europe 600 Early trading rose 0.85% this morning. Japanese Nikkei 225 This morning it was up 1.43%. Main index South Korea,,,,, Hongkong and China Everyone refused.
From the analyst
- Ey-Parthenon on “Tariff Shock”: “What we witness is an economy that temporarily buffers due to the manipulation of smart logistics, active pricing strategies and offers from some foreign exporters. These adaptations have taken time, but they are limited. With the thinning of inventory buffers, as the goods are thinner, the effects of bonded warehouse time and cost absorption may be exhibited, and may also be exhibited. Erosion of demand and complex resistance to actual activity.”
- Oxford Economics’ first quarter GDP number on revisions: “The GDP declined more in the first quarter than previously thought, but the details were more disturbing due to the final sale of the economy engine to domestic buyers,” Ryan Sweet.
- Macquarie on “Shadow” feeding: “Trump’s desire to “will” the Fed’s desire to use the designated bench Jay Powell is not a good way to promote the perception of integrity and autonomy in U.S. policymaking and extends to the dollar’s reserve currency state. Some of the narratives in this narrative penetrate into our perception of USD and contribute to the sales this week,” he said.
- JPMorgan Chase of Retail Stock Traders: After weeks of silence, retail activities have been meaningfully gained as charity chases new all-time highs. As of Wednesday’s closure, the retail investor network purchased $3.2B, which marked a higher average of last week with an average of +0.8z (vs. -0.5z) (last week was -0.5z) (last week’s process).
Around the water cooler
Can AI help the United States make things again? Jeremy Kahn
Hinge CEO says Sydney Lake
The frank Pinterest stock decision makes it a Gen Z winner Massimo Marioni
Trump administration takes a big step towards considering crypto assets during home loan application Catherine McGrath
CEO Daily by Nina Ajemia and Jim Edwards.
