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."

# 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." **Read the full article:** [CNBC](https://www.cnbc.com/2026/02/10/the-ai-threat-wrecked-software-stocks-now-broker-stocks-look-next-with-lpl-down-11percent.html) *This article was originally published by CNBC. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*