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Stock impact report

CNBC Daily Open: Financial firms wobble on AI threats and disappointing U.S. retail sales [CNBC]

LPL Financial Holdings Inc. (LPLA) 
Last lpl financial holdings inc. earnings: 4/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.lpl.com
Company Research Source: CNBC
China's consumer inflation rose less than expected. The Dow notched another record close, but other major U.S. indexes fell. Buy the dip in gold: Wells Fargo. In this article Traders work at the New York Stock Exchange on Feb. 10, 2026. NYSE Taken from CNBC's Daily Open, our international markets newsletter — Subscribe today What can't artificial intelligence claim to do nowadays? Tech platform Altruist announced Tuesday a tool to help users carry out tax planning — an act, as everyone knows, more complex than quantum physics — within “minutes.” Financial stocks wobbled on those claims as investors feared AI tools could replace — or at least lower the value of established advisory firms and banking names. LPL Financial lost 8.3%, Charles Schwab tumbled 7.4% and Morgan Stanley dropped 2.4%. Investor sentiment was further depressed by downbeat U.S. economic data. In December, seasonally adjusted retail sales were flat month on month, falling short of the 0.4% increase Show less Read more
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