Meta's AI launch shakes brokerage stocks; Schwab falls, Robinhood rises amid AI-driven competition fears.

Meta's introduction of its AI product Muse has triggered a sharp market reaction, with Charles Schwab's shares dropping over 8% since the announcement, hitting lows not seen since July. Meanwhile, Robinhood's stock climbed to a year-to-date high, supported by its recent AI agent launch that can trade and manage portfolios for users. Other financial firms like LPL Financial and Raymond James also saw stock declines. The AI advancements threaten traditional brokerage models by automating tasks typically done by financial advisors, potentially disrupting fee-based services. Schwab is responding by developing AI tools for advisors, but market sentiment shows increased bearish bets on Schwab and bullish bets on Robinhood, reflecting shifting investor confidence in how AI will reshape the brokerage landscape.

Following Meta's AI product launch stirring market fears, Charles Schwab's shares on Pluang show resilience, trading at USD 100.49 with a slight 0.14% gain as of Sep 23, 2026 19:01 WIB, despite the article noting an 8% drop. Robinhood, mentioned as gaining from AI developments, is priced at USD 122.15 but down 1.69% on Pluang at the same time, contrasting with its reported year-to-date high. Raymond James holds steady at USD 159.75, up 0.23%, reflecting mixed investor responses to AI's impact on brokerages.