More market jitters hit stocks this month, and this time the damage is leaking into the financial services sector. As usual, AI disruption was the catalyst, and several of the largest finance-sector stocks dropped 10% to 20% over just a few days.AI disruption is certainly no surprise to investors anymore. Still, this way this reaction unfolded suggests it was more about profit-taking and high valuations than any actual AI-influenced obsolescence.If this selloff is overdone, several prominent finance stocks ...

Regardless of momentary or long-term pressures on stocks, metrics like the record client assets stand out to industry executives like Raj Bhattacharyya, the CEO of San Francisco-based registered investment advisory firm Robertson Stephens Wealth Management. His private equity-backed firm notched a 23% bump in its assets under management in 2025 to $8.7 billion thanks to two acquisitions, market appreciation and organic growth. In general for a highly correlated industry, bull-market gains in stocks have alw ...

You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. LPL Financial has expanded what it said was an ongoing relationship with artificial intelligence firm Anthropic, the creator of Claude, to work on AI integrations for its more than 30,000 financial advisors. LPL announced the expanded relationship on the same day Anthropic leadership reported it had expanded Claude AI “plug-ins” for wealth managers, investment bankers, equity research and priva ...

国家邮政局数据显示，2025年，我国快递业务量累计完成1989.5亿件，同比增长13.6%。随着行业规模 经济效应持续放大，快递企业主动适应新业态新模式需求，加大研发投入，增强创新能力，提升科技应 用水平。 全自动分拣出库、数智化创新应用、末端"无人"配送……如今，不少"黑科技"在快递企业仓储、运输、 派送等环节频频现身，大幅提升了生产效率，显著降低了错分、破损、遗失率以及揽派成本。 布局低空物流 连日来，许多快递网点"入编"的新员工都在紧张忙碌着：满载年货包裹的无人配送车，每天按照预设路 线奔赴各个驿站。面对年货寄递旺季、假日用工紧张的现实挑战，无人配送车与快递小哥协同发力，持 续提升运行效率，确保配送平稳有序。 如今，数智化在供应链中发挥着越来越重要的作用。对快递企业而言，效率与成本问题主要集中在前端 供应链环节，亟待整体性、结构性优化。其中，提升仓储库存周转率是关键之举。 前不久，位于山东省济南市中央商务区的中国人寿大厦迎来快递创新应用场景：无人机、无人车、楼宇 机器人组团来送快递。 随着一阵嗡嗡的螺旋桨声，一架无人机稳稳降落在大厦旁的无人机接驳柜。紧接着，快递小哥取出文件 包裹，交给楼宇机器人。机器人 ...

Key TakeawaysThe global alcohol industry has lost $830 billion in market value over the past four years, representing a 46% decline from its June 2021 peak as Gen Z and health-conscious consumers pivot away from traditional drinking.U.S. software and services sectors have shed approximately $2 trillion in value since October, driven by an "AI Scare Trade" where investors are selling firms perceived as vulnerable to rapid automation.Wealth management stocks like Charles Schwab (SCHW) and LPL Financial (LPLA) ...

ST. LOUIS, Feb. 20, 2026 (GLOBE NEWSWIRE) -- Sanford Heisler Sharp McKnight filed an ERISA class action Complaint today in the U.S. District Court for the Eastern District of Missouri that alleges retirement plan mismanagement by Stifel Financial, Corp. and other fiduciaries of the Stifel Financial Profit Sharing 401(k) Plan. According to the allegations in the Complaint, Stifel failed to remove two funds from its Plan – the American Century Large Cap Growth Fund and the Artisan Mid-cap Growth Fund – even a ...

Norwalk, Connecticut-based EMCOR Group, Inc. (EME) provides mechanical and electrical construction, industrial infrastructure, energy systems, and building and facilities services for commercial, industrial, utility and public-sector clients. It is valued at a market cap of $35.7 billion. This industrial company has significantly outperformed the broader market over the past 52 weeks. Shares of EME have soared 80.5% over this time frame, while the broader S&P 500 Index ($SPX) has gained 12.3%. Moreover, o ...

Core Insights - Automatic Data Processing, Inc. (ADP) has a market capitalization of $87.6 billion and specializes in cloud-based human capital management (HCM) solutions [1] - Over the past 52 weeks, ADP's shares have declined by 29.5%, significantly underperforming the S&P 500 Index, which gained 14.4% during the same period [1] - Year-to-date, ADP's stock is down 16%, while the S&P 500 has returned 1.4% [1] Financial Performance - In Q2, ADP's total revenue increased by 6.2% year-over-year to $5.4 billion, but this figure slightly missed Wall Street expectations [4] - The adjusted EPS for the same quarter rose by 11.5% to $2.62, surpassing consensus estimates of $2.58 [4] - For fiscal 2026, analysts project ADP's EPS to grow by 9.5% year-over-year to $10.96 [5] Analyst Ratings and Price Targets - Among 18 analysts covering ADP, the consensus rating is a "Hold," with three "Strong Buy," 12 "Hold," one "Moderate Sell," and two "Strong Sell" ratings [5] - The mean price target for ADP is $281.40, indicating a 32% premium to its current price, while the highest target of $332 suggests a potential upside of 55.7% [7] - Stifel Financial Corp. analyst David Grossman maintained a "Hold" rating and lowered the price target to $270, indicating a 26.6% potential upside from current levels [6]

Core Insights - The launch of Altruist's AI-powered tool, Hazel, has negatively impacted the stock prices of major wealth management firms, indicating market sensitivity to AI developments [2][6] - Experts suggest that the market reaction may be an overreaction, and the true impact of AI tools on wealth management firms will depend on their adoption rates [2][5] Group 1: AI Tool Launch and Market Reaction - Altruist introduced Hazel, an AI tool that creates tax strategies based on client documents, leading to stock declines for firms like LPL Financial and Charles Schwab [2][6] - The stock prices of LPL Financial and Charles Schwab fell by 5.7% and 4%, respectively, with other firms like Stifel Financial and Piper Sandler also experiencing declines [6] Group 2: Industry Expert Opinions - Bill Harris, CEO of Evergreen Wealth, emphasized that Hazel is part of a broader trend of AI tools that will transform the wealth management industry [3][4] - Kyle Mostransky, CEO of Mostransky & Associates, argued that while AI can optimize financial calculations, the human element remains crucial for interpreting financial decisions [5] - Harris noted that the introduction of AI tools could lead to a reduction in fees for human financial advisors, which currently average around 1% of assets [5]

Group 1 - Arko Petroleum Corp. raised $200 million in an upsized initial public offering, pricing at the bottom of the marketed range at $18 per share [2][3] - The company has a market value of approximately $830 million based on outstanding shares [3] - Arko Petroleum operates in over 30 US states, delivering fuel to more than 1,100 Arko convenience store gas stations and over 2,000 third-party gas stations [3] Group 2 - Net income attributable to Arko Petroleum decreased to $24.7 million on revenue of $4.27 billion for the nine months ended September 30, compared to $32.7 million on revenue of $4.92 billion a year earlier [4] - The firm delivered 1.5 billion gallons of fuel in the first nine months of 2025, down from 2.1 billion gallons in the full year of 2024 [4] - Arko Corp. is expected to maintain a majority of the voting power in Arko Petroleum after the IPO [4] Group 3 - The fuel unit plans to pay a quarterly dividend of $0.50 per share following the listing [5] - The offering is being led by UBS Group AG, Raymond James Financial Inc., and Stifel Financial Corp. [5] - Arko Petroleum is expected to begin trading on the Nasdaq Stock Market under the symbol APC [5]