NASDAQ:LPLA

LPL Financial (LPLA) stock steadies premarket after 8% drop on Altruist AI tax-planning shock

LPL Financial shares hovered near $360.60 in premarket trading Wednesday after plunging 8.3% Tuesday, as Altruist’s new AI tax-planning tool triggered a selloff in brokerage stocks. Raymond James, Charles Schwab, and Ameriprise also dropped sharply. Traders are watching for further declines. Altruist’s Hazel platform can now automate personalized tax strategies for advisers.

11 February 2026

NASDAQ:LPLA·NASDAQ:SCHW·NYSE:AMP·NYSE:CFG·Stock Market

Charles Schwab stock price sinks about 7.5% as Altruist’s Hazel AI tax tool spooks brokers

Charles Schwab shares fell 7.5% to $99.25 in after-hours trading Tuesday, following a broader selloff in brokerage stocks after Altruist launched AI-powered tax-planning tools. LPL Financial dropped 8.2%, Raymond James 8.8%, and Morgan Stanley 2.5%. Altruist’s Hazel platform can read tax documents and generate personalized strategies in minutes. Investors await Schwab’s January activity report, due Feb. 13.

10 February 2026

NASDAQ:LPLA·NYSE:MS·NYSE:RJF·NYSE:SCHW·Stock Market·Technology

Morgan Stanley stock slides as AI tax tool spooks wealth managers

Morgan Stanley shares dropped 3.7% to $175.58 Tuesday as a tech-driven selloff hit wealth-management stocks, following fintech Altruist’s launch of an AI tax-planning tool. Charles Schwab, LPL Financial, and Ameriprise fell more sharply. Traders are watching U.S. jobs and inflation data later this week for rate signals.

10 February 2026

Artificial Intelligence·NASDAQ:LPLA·NYSE:AMP·NYSE:MS·NYSE:SCHW·Stock Market

Bitcoin price hovers near $90,000 as Fed decision looms and dollar steadies

Bitcoin rose 2.5% to around $89,600 ahead of the Federal Reserve’s policy decision Wednesday. The dollar steadied after a steep drop, while gold hit fresh record highs above $5,300 an ounce. Analysts flagged $90,000 as a key level for renewed Bitcoin buying, with risks of a drop if breached. Ether also gained 2.5%, trading near $3,011.

28 January 2026

Bitcoin·Cryptocurrency·Federal Reserve·NASDAQ:LPLA