Saxo Market Call AI disruption grenades continue to go off. JPY rattles its cage.
19 snips
Feb 12, 2026 Sharp sell-offs in wealth and tax software names from AI disruption fears. A contrast between companies that face AI risk versus those that may benefit. Strong moves in data-center and semiconductor hardware suppliers. A chunky JPY rally and the mechanics behind a possible yen revaluation. A deep dive into the January US jobs report and why it may not tell the full labor-market story.
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AI Sparks Sudden Stock Disruptions
- AI advances are causing sudden, severe valuation drops in companies seen as easily disintermediated by AI.
- John Hardy highlights recent sharp falls in Raymond James and Charles Schwab as examples of this risk.
Check AI Vulnerability Before Investing
- Watch if a company's service or software can be disintermediated by AI before investing.
- Compare relative valuations and await reversal signals rather than buying into hype, says John Hardy.
Stretched Valuations Amid AI Fears
- Valuations for some large software names look stretched despite ongoing growth.
- Hardy questions whether extreme multiples already price in rapid, deep AI disruption.