IAI: AI May Be Coming After Broker-Dealers (Rating Downgrade)
Seeking Alpha·2026-02-23 23:38
Financial Sector Overview - The financial sector has experienced a downturn after a strong performance from 2023 through much of 2025, indicating a shift in market dynamics [1] - Major banks have stalled in their growth, and Berkshire Hathaway's stock has traded sideways, reflecting a broader trend of stagnation in the sector [1] - Broker-dealer equities are currently in decline, suggesting potential challenges for firms operating in this space [1] ETF Focus - The article revisits the iShares US Broker-Dealers & Securities Exch ETF, highlighting its relevance in the current market context [1]