Dimon Sees Rivals Doing ‘Dumb Things’ in Credit, AI Scare Trade Returns |The Opening Trade 2/24/2026

From Bloomberg Markets and Finance.

JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon, asked about fierce competition across the financial industry, said he’s starting to see parallels to the era before the 2008 financial crisis, when a rush to make loans ended disastrously.

Stocks staged a cautious rebound after fears about the disruptive impact of artificial intelligence sparked an indiscriminate selloff across broad swathes of the market. The so-called AI scare trade has become a dominant theme for stocks, with selling spreading beyond software to hit insurance brokers, private credit, cybersecurity and even real estate services.

Chapters:
00:00:00 – The Opening Trade – 2/24/2026
00:00:54 – AI Scare Trade
00:03:24 – Trump’s 10% Global Tariff
00:05:27 – Russia-Ukraine Conflict Enters Fifth Year
00:08:24 – Daybook
00:10:00 – Need To Know: UK Police Releases Mandelson on Bail: PA
00:13:39 – Citrini Report Fuels AI Scare Trade
00:26:00 – EU Foreign Ministers Meet Today in Brussels
00:39:14 – MLIV
00:42:59 – Stocks To Watch
00:47:38 – The Market Open
00:49:51 – AI Fear Hits Delivery, Payment, Software Stocks
00:58:23 – Core 6
01:03:08 – StanChart Unveils $1.5B Buyback As Profit Misses
01:06:48 – Dimon Sees Parallel to Pre-Crisis Era
01:13:53 – Need To Know: State of the Union
01:16:05 – Citrini Report Fuels AI Scare Trade
01:19:46 – Enterprise Britain Launches Today
01:28:14 – Trump’s 10% Global Levy Takes Effect
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