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JPMorgan's Craig on Trading Opportunities in AI Selloff

Bloomberg Technology
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An AI-powered tax strategy tool triggered a February 2026 selloff in wealth-management stocks, as investors feared automation could disrupt traditional advisory services. JPMorgan’s Kerry Craig identified persistent trading opportunities in AI and tech despite the market volatility, urging investors to focus on long-term sector growth rather than short-term fluctuations. The selloff highlights growing concerns about AI’s potential to replace high-margin financial services, accelerating shifts toward algorithmic advice and cost-efficient automation. Craig emphasized that while wealth management faces disruption, broader AI applications—like enterprise software and cloud infrastructure—remain resilient investment targets. The episode underscores how rapid AI adoption is reshaping industries, forcing investors to distinguish between vulnerable legacy models and emerging tech-driven opportunities.
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Feb 11th, 2026JPMorgan's Craig on Trading Opportunities in AI SelloffAn AI tool aimed at creating tax strategies sparked a selloff in wealth-management stocks as investors fear the business could be at risk from automated advice. Despite the turmoil, JPMorgan Asset Management Global Market Strategist Kerry Craig says there are still opportunities for traders to make good investments in the AI and tech sectors.Duration:4:42Why Ford Is Well-Positioned for 2026Duration:2:16Hammack Says Fed Rates May Be on Hold for 'Quite Some Time'Duration:2:34Why China Is Urging Banks to Limit US Treasury HoldingsThe China ShowDuration:0:25Lutnick Says He Met Epstein Three Times Over 14 YearsDuration:1:35What an Era of Jobless Growth Means for the US EconomyDuration:7:06Barclays CEO Venkat Says Bank 'Firing on All Cylinders'The Opening TradeDuration:2:35What's Next for UK's Starmer After PM Wins Reprieve?Duration:3:08Ferrari Sets New Targets for 2026, Reassuring InvestorsAvailable on:Listen onApple TVListen onRokuListen onSamsung TVListen onFire TVListen onAndroid TVListen onRakuten TVListen onHaystack NewsWatch BTV in your area:Channel Finder

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Source: Bloomberg Technology

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