London Stock Exchange Shares Rebound as JPMorgan, Goldman Downplay AI Risk

The London Stock Exchange Group Plc headquarters in the City of London. 

Photographer: Chris Ratcliffe/Bloomberg

London Stock Exchange Group Plc shares partially rebounded from their biggest two-day drop in almost five years as analysts at JPMorgan Chase & Co. and Goldman Sachs Group Inc. downplayed the impact of artificial intelligence on the firm’s data and analytics business.

The stock gained as much as 7.4% on Thursday amid a broader rebound in shares seen at risk of AI disruption. JPMorgan reiterated a buy rating on LSEG, saying there’s “confusion” in the market around the impact of AI.