美股IPO·2026-02-13 03:27Core Viewpoint - The logistics sector in the U.S. experienced a significant sell-off due to fears surrounding the disruptive potential of AI, triggered by a small company, Algorhythm Holdings, which recently transitioned from a karaoke business to an AI logistics platform [1][2][5]. Group 1: Market Reaction - The Russell 3000 freight index plummeted by 6.6% following the announcement of Algorhythm's AI platform, with major logistics companies like Robinson Logistics and Landstar Transportation seeing declines of 15% and 16% respectively [2][5]. - The market's panic reached a level described as a "Category 5 hurricane," indicating a fundamental shift in sentiment from previous enthusiasm for AI technology to fear of its potential impacts [5][6]. - The sell-off extended beyond logistics, affecting pharmaceutical distribution stocks like McKesson and Cardinal Health, which both fell approximately 4% [2]. Group 2: Algorhythm Holdings - Algorhythm Holdings, formerly known as The Singing Machine Company, rebranded in 2024 to focus on AI logistics, claiming its SemiCab platform could increase freight capacity by 300%-400% without additional staffing [9][10]. - Despite reporting revenues of less than $2 million and a net loss of nearly $3 million for the quarter ending September 30, the company's stock surged by 30% to $1.08 following the announcement, with intraday gains reaching 82% [10]. Group 3: Broader Implications - The AI panic has led to a reevaluation of various sectors, including real estate and software, with fears that AI could disrupt traditional business models across industries [5][6]. - Analysts have noted that the market's reaction may be an overreaction, with some suggesting that the actual risks posed by AI are being exaggerated [11]. - The ongoing turmoil in the stock market has not yet translated into macroeconomic impacts, but there are concerns that prolonged fear could influence Federal Reserve policy discussions [12][13].