What’s News in Markets: AI Jitters, Robinhood’s Slide and the Rotation Trade

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Speaker 10:28

Hey, listeners, Your Money Briefing is on a break, but it will be back with more personal finance information for you in the future. Until then, here's the news moving markets this week.

Hannah Erenlang· Host0:37

[upbeat music] Hey, listeners, it's Saturday, February fourteenth. I'm Hannah Erenlang for the Wall Street Journal, and this is What's News in Markets, our look at the biggest stock moves of the week and the news that drove them. So let's get into it. We got a pair of economic reports this past week on the jobs market and inflation. More on that later in the show. But first, concerns about the future for artificial intelligence rippled through markets this week, but not necessarily in the way you'd expect. We've seen these periodic waves of AI jitters weigh on stocks for some time now. Typically, the focus has been on the big tech companies leading the AI investing boom, Amazon or Alphabet, for example, and whether those, quote-unquote, "hyperscalers" are spending too much money trying to get ahead in the AI arms race.