AI Tool Fears Spark Selloff, Elliot Builds Stake in LSEG | The Opening Trade 2/11/2026

Wealth Management and software firms such as SAP and Dassault Systemes plunged at the European market open. This followed a similar move on Wall Street after a tax-strategy AI tool rolled out Altruist sent shares of financial services firms and wealth managers lower in US trading hours. Elsewhere, sources said Elliot Investment Management has built a stake in London Stock Exchange Group as the FTSE 100 index owner grapples with disruption from artificial intelligence and a plunge in listings. LSEG rose as much as 8.4% in early London trading Wednesday, the biggest intraday gain in more than three months. Chapters: 00:00:00 - The Opening Trade 00:00:22 - Market Check 00:02:30 - AI Fears 00:04:30 - US Jobs Report 00:06:40 - Bitcoin Lower 00:09:41 - Paramount's Warner Bros 00:10:12 - Trump Tariffs 00:10:39 - China Factory Deflation 00:15:22 - Wall Street Sells Stock at Risk of AI Disruption 00:33:22 - Bain Capital's Jonathan Lavine on Markets 00:36:36 - Heineken CEO Dolf Van den Brink 00:46:57 - Stocks to Watch: Dassault Systemes LSEG 01:02:41 - Dassault Shares Plummet 01:17:40 - Siemens Energy CEO Christian Bruch 01:28:26 - European Council President Antonio Costa 01:31:47 - US January Jobs Report -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X:   / bloombergtv   Facebook:   / bloombergtelevision   Instagram:   / bloombergtv   Connect with Bloomberg Business on: X:   / business   Facebook:   / bloombergbusiness   Instagram:   / bloombergbusiness   TikTok: https://www.tiktok.com/@bloombergbusi... Reddit:   / bloomberg   LinkedIn:   / bloomberg-news   More from Bloomberg: Bloomberg Radio:   / bloombergradio   Bloomberg Surveillance:   / bsurveillance   Bloomberg Politics:   / bpolitics   Bloomberg Originals:   / bbgoriginals   Watch more on YouTube: Bloomberg Technology:    / @bloombergtechnology   Bloomberg Originals:    / @business   Bloomberg Quicktake:    / @bloombergquicktake   Bloomberg Espanol:    / @bloomberg_espanol   Bloomberg Podcasts:    / @bloombergpodcasts