About Raymond James Financial, Inc. Common Stock (RJF)
Raymond James Financial is a diversified financial services company that provides a range of investment and wealth management solutions. The firm offers services such as financial planning, asset management, investment banking, and capital markets support, catering to both individual and institutional clients. Through its network of financial advisors and professionals, Raymond James aims to deliver personalized strategies and guidance, helping clients navigate their financial goals and market complexities. The company is also involved in various sectors including equity and fixed income, further solidifying its presence in the financial landscape. Read More
Shares of financial services giant Charles Schwab (NYSE:SCHW) fell 6.9% in the afternoon session after the launch of a new artificial intelligence tool by financial software provider Altruist sparked concerns about disruption in the wealth management sector. The tech platform announced a new AI-powered tax planning tool, which triggered a selloff across several wealth management stocks. The news raised worries that artificial intelligence could upend the traditional business models of financial services firms. Other companies in the sector, including Raymond James Financial and Stifel Financial, also saw their stock prices fall as investors reacted to the potential competitive threat posed by new technology.
Shares of financial services firm Raymond James Financial (NYSE:RJF) fell 8.8% in the afternoon session after concerns grew that new artificial intelligence tools could disrupt the traditional financial advisory business.
The selloff in SCHW stock came after technology platform Altruist on Tuesday launched a new AI-powered tax planning tool within its Hazel platform causing a stir among investors over the firm's advisory practice.
Shares of fast-food chain Wingstop (NASDAQ:WING)
fell 4.9% in the morning session after the company received downgrades from at least two analyst firms due to concerns about its future sales and financial pressure on its core customers. Brokerage TD Cowen lowered its rating on the stock to "Hold" from "Buy" and cut its price target to $285 from $310. The firm explained that its survey data showed that Wingstop's key customers, who are typically younger and have lower incomes, remained under financial pressure. As a result, TD Cowen expected same-store sales to fall by 0.5% in 2026, which was well below the growth that analysts had previously projected. Adding to the negative sentiment, Raymond James also cut its rating on the stock to "outperform" from "strong buy.".
Large-cap stocks usually command their industries because they have the scale to drive market trends.
The flip side though is that their sheer size can limit growth as expanding further becomes an increasingly challenging task.
Raymond James delivered fourth-quarter results that saw sales rise year-on-year, though revenue slightly missed Wall Street’s expectations. Management pointed to robust adviser recruiting and retention as significant contributors to the quarter’s growth, with net new asset inflows reaching one of the highest levels in company history. CEO Paul Shoukry emphasized continued success in attracting high-quality advisers, stating, “The recruiting activity is robust...and the retention of our existing advisers remains very strong.” While capital markets performance was impacted by lower M&A and advisory revenues, the private client and asset management segments remained resilient.
Shares of diversified bank holding company Merchants Bancorp (NASDAQCM:MBIN) jumped 16.3% in the afternoon session after the company reported fourth-quarter 2025 results that surpassed Wall Street's expectations for both earnings and revenue.
Financial services firm Raymond James Financial (NYSE:RJF) fell short of the markets revenue expectations in Q4 CY2025, but sales rose 5.6% year on year to $3.74 billion. Its non-GAAP profit of $2.86 per share was 1.1% above analysts’ consensus estimates.
Financial services firm Raymond James Financial (NYSE:RJF) missed Wall Street’s revenue expectations in Q4 CY2025, but sales rose 5.6% year on year to $3.74 billion. Its non-GAAP profit of $2.86 per share was 1.1% above analysts’ consensus estimates.
Shares of regional bank Provident Financial Services (NYSE:PFS) jumped 6.7% in the afternoon session after the company reported fourth-quarter 2025 earnings and revenue that surpassed Wall Street's expectations.
As the market approaches the end of January 2026, the narrative surrounding the technology sector has undergone a seismic shift. Alphabet Inc. (NASDAQ: GOOGL), once plagued by concerns that it was falling behind in the generative AI race, has emerged as the clear darling of Wall Street. A flurry of
St. Petersburg, Fla., Jan. 27, 2026 (GLOBE NEWSWIRE) -- Building on its service-focused, long-term artificial intelligence (AI) strategy, Raymond James announced the launch of its proprietary digital AI operations agent, dubbed Rai. Rai leverages natural language processing and generative AI to provide immediate, curated natural language answers and guidance to operational questions based on multiple firm knowledge bases while intelligently evolving based on user activities and preferences.
A number of stocks fell in the afternoon session after the Dow Jones Industrial Average fell as much as 0.7%, reflecting lingering uncertainty, and capping off a volatile week which saw stocks enjoy some relief as President Donald Trump reduced tensions with European allies by backing off his threat of imposing new tariffs.
