StoryIndustry·AI & FinanceHighThu, Apr 16, 12:17 PM
Wealth Management Firms Are Racing to Announce AI Tools. One Tax Startup Just Crashed a Stock.
A wave of AI product launches from Merrill, InvestCloud, and Arta Finance landed this week alongside a jarring counterpoint: an AI tax tool triggered a selloff in wealth management stocks, reminding markets that AI announcements cut both ways.