Stocks Came Roaring Back -- Now They're Flashing Warning Signs

Markets have rallied hard this summer, with the S&P 500 reaching a new all-time high and several stocks bouncing more than 30% off 2026 lows. But the article warns these rebounds are uneven and may be masking weaker fundamentals. It highlights Intuit, where APRU rose 11% and paid online units rose 2% while total online units fell 2%, with DIY customers under $50,000 losing share. TurboTax Live now accounts for over 50% of franchise revenue, and the company cut 17% of its workforce. The piece notes Intuit reports Q4 2026 results on Aug. 25, with expectations for EPS of $1.43 and revenue of $4.28 billion. It also flags MGM Resorts for deal-risk signals after shares fell below the buyout offer price and Leidos Holdings for stock strength not supported by guidance, with additional details beginning but not completed in the excerpt.