No. They are not solving that hard of engineering problems. They have a great business , but tax and accounting software isn’t that challenging in comparison to other problems being solved at FAANG companies.
What technology does intuit produce that is used by other tech companies to build new solutions. How does Intuit innovate outside of tax? What percent of engineers at Intuit could get a job at FAANG? Intuit’s stock is doing well so it’s rocking it’s own niche, but it’s core tech or people are not at the scale of the other companies.
In a sense yes. I don’t think so other than google and amazon any other company is solving any big or new problems. Microsoft is sucker in last 10 years and just copy the trends. Don’t even want to talk about apple and Netflix has nothing new to offer so if they can be part of faang then why not Intuit. Anyway FYI Faang name was coined due to stock price sudden increase but not their technology advancement