Wall Street Wrap-Up: AI Disrupts Markets, Rivian Surges, and a Potential Government Shutdown Looms
Key TakeawaysAI "Scare Trade" Hits Logistics: A former karaoke company, AlgoRhythm Holdings Inc., sparked a sell-off in the trucking sector after announcing AI-driven efficiency gains, causing the Russell 3000 Trucking Index to drop 6.6%.Rivian's Strong Outlook: Rivian Automotive Inc. (RIVN) shares jumped after reporting a smaller-than-expected Q4 loss and forecasting strong vehicle deliveries for 2026.Nvidia's Nevada Expansion: NVIDIA Corp. (NVDA) will lease a 200-megawatt data center in Nevada, financed i ...