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The AI threat wrecked software stocks. Now financial stocks look next with LPL down 11%
Financial services firms tanked after the launch of a new AI-powered tax planning tool that promises to do the work "within minutes."
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cnbc.com
The AI threat wrecked software stocks. Now financial stocks look next with LPL down 11%
Financial services firms tanked after the launch of a new AI-powered tax planning tool that promises to do the work "within minutes."
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CNBC Daily Open: AI might come for financial firms next — and a weak U.S. retail report weighs on stocks
Financial stocks wobbled on those claims as investors feared AI tools could replace — or at least lower the value of advisory firms and banking names.
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CNBC Daily Open: Financial firms wobble on AI threats and disappointing U.S. retail sales
Financial stocks wobbled on those claims as investors feared AI tools could replace — or at least lower the value of advisory firms and banking names.
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Wealth stocks dropped on fears AI is coming for them next. Morgan Stanley and others say buy the dip
The sell-off in financial services stocks on new fears over artificial intelligence has created a buying opportunity, according to several Wall Street analysts.
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fortune.com
AI displacement trade rocks stocks again as Wall Street searches for next sector to price downward | Fortune
The AI worries have hit software stocks particularly hard, but they’re spreading to other industries and other markets.