CNBC Daily Open: AI might come for financial firms next — and a weak U.S. retail report weighs on stocks
Mădălin Mihai
Taken from CNBC’s Daily Open, our international markets newsletter — Subscribe today What can't artificial intelligence claim to do nowadays? Tech platform Altruist announced Tuesday a tool to help users carry out tax planning — an act, as everyone knows, more complex than quantum physics — within "minutes." Financial stocks wobbled on those claims as investors feared AI tools could replace — or at least lower the value of established advisory firms and banking names. LPL Financial lost 8.3%,
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