AI disruption fears rattle stocks
CNBC Television
|
February 11, 2026 at 05:31 PM UTC
Bearish
95% Confidence
Watch on YouTube
Key Points
- AI disruption fears are causing underperformance in brokerage and software stocks, with the iShares Expanded Tech-Soft ETF (IGV) down over 3%.
- A viral post by an AI startup CEO suggests AI can autonomously complete technical work, implying reduced need for human labor and traditional software.
- The launch of an AI tax planning tool by Autoturist led to billions being wiped off wealth management stocks like Charles Schwab (SCHW) and LPL Financial (LPLA).
- Software companies like Salesforce (CRM) and Workday (WDAY) are cutting jobs, while AI companies are driving significant market disruption with smaller workforces.
AI Summary
The video discusses the growing fear of AI disruption rattling brokerage and software stocks, with examples of companies experiencing significant declines. It highlights a viral post from an AI CEO claiming AI can perform technical work, leading to concerns about job displacement and a shift in market value towards AI-native companies.
Model Analysis Breakdown
| Model | Sentiment | Confidence |
|---|---|---|
| Gemini 2.5 Flash | Bearish | 95% |
| Consensus | Bearish | 95% |