Meta's Muse AI Rattles Brokers, Schwab Drops 6%

Meta's new Muse AI assistant, which handles tasks for users, sparked fears that automated agents will erode brokerages that lean on customer habit. Investors sold the old guard and bought the disruptor: The Charles Schwab Corporation (SCHW) fell 6% while Robinhood climbed to a new high. AI Financial Backbone holds Schwab long.