The AI threat wrecked software stocks. Now financial stocks look next with LPL closing 8% lower
Traders work at the New York Stock Exchange on Feb. 10, 2026. NYSE Shares of financial services firms tanked Tuesday after the launch of a new tax planning tool powered by artificial intelligence that promises to do the work “within minutes.” LPL Financial closed 8.31% lower after tumbling 11% in midday trading, while Charles Schwab … Read more