{"id":58427,"date":"2026-02-12T20:08:28","date_gmt":"2026-02-13T00:08:28","guid":{"rendered":"https:\/\/stockmarketwatch.com\/stock-market-news\/wall-street-wrap-up-ai-disrupts-markets-rivian-surges-and-a-potential-government-shutdown-looms\/58427\/"},"modified":"2026-02-12T20:08:28","modified_gmt":"2026-02-13T00:08:28","slug":"wall-street-wrap-up-ai-disrupts-markets-rivian-surges-and-a-potential-government-shutdown-looms","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wall-street-wrap-up-ai-disrupts-markets-rivian-surges-and-a-potential-government-shutdown-looms\/58427\/","title":{"rendered":"Wall Street Wrap-Up: AI Disrupts Markets, Rivian Surges, and a Potential Government Shutdown Looms"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wall-street-wrap-up-ai-disrupts-markets-rivian-surges-and-a-potential-government-shutdown-looms\/58427\/#Key_Takeaways\" >Key Takeaways<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wall-street-wrap-up-ai-disrupts-markets-rivian-surges-and-a-potential-government-shutdown-looms\/58427\/#Market-Moving_Headlines\" >Market-Moving Headlines<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wall-street-wrap-up-ai-disrupts-markets-rivian-surges-and-a-potential-government-shutdown-looms\/58427\/#AI_Fears_Roil_Logistics_Sector\" >AI Fears Roil Logistics Sector<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wall-street-wrap-up-ai-disrupts-markets-rivian-surges-and-a-potential-government-shutdown-looms\/58427\/#Rivians_Positive_Outlook_Drives_Stock_Higher\" >Rivian&#39;s Positive Outlook Drives Stock Higher<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wall-street-wrap-up-ai-disrupts-markets-rivian-surges-and-a-potential-government-shutdown-looms\/58427\/#Tech_and_Finance_Giants_Make_Moves\" >Tech and Finance Giants Make Moves<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wall-street-wrap-up-ai-disrupts-markets-rivian-surges-and-a-potential-government-shutdown-looms\/58427\/#Political_and_Economic_Headwinds\" >Political and Economic Headwinds<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wall-street-wrap-up-ai-disrupts-markets-rivian-surges-and-a-potential-government-shutdown-looms\/58427\/#Government_Shutdown_Threat\" >Government Shutdown Threat<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wall-street-wrap-up-ai-disrupts-markets-rivian-surges-and-a-potential-government-shutdown-looms\/58427\/#Saks_Fifth_Avenue_Navigates_Financial_Troubles\" >Saks Fifth Avenue Navigates Financial Troubles<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wall-street-wrap-up-ai-disrupts-markets-rivian-surges-and-a-potential-government-shutdown-looms\/58427\/#International_Developments\" >International Developments<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wall-street-wrap-up-ai-disrupts-markets-rivian-surges-and-a-potential-government-shutdown-looms\/58427\/#NYC_Transit_Initiatives\" >NYC Transit Initiatives<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Key_Takeaways\"><\/span>Key Takeaways<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>AI &quot;Scare Trade&quot; Hits Logistics:<\/strong> A former karaoke company, <strong>AlgoRhythm Holdings Inc.<\/strong>, sparked a sell-off in the trucking sector after announcing AI-driven efficiency gains, causing the Russell 3000 Trucking Index to drop <strong>6.6%<\/strong>.<\/li>\n<li><strong>Rivian&#39;s Strong Outlook:<\/strong> <strong>Rivian Automotive Inc.<\/strong> (<a href=\"\/stock\/RIVN\">RIVN<\/a>) shares jumped after reporting a smaller-than-expected Q4 loss and forecasting strong vehicle deliveries for 2026.<\/li>\n<li><strong>Nvidia&#39;s Nevada Expansion:<\/strong> <strong>NVIDIA Corp.<\/strong> (<a href=\"\/stock\/NVDA\">NVDA<\/a>) will lease a <strong>200-megawatt<\/strong> data center in Nevada, financed in part by a <strong>$3.8 billion<\/strong> junk-bond sale.<\/li>\n<li><strong>Citigroup CEO Pay Raise:<\/strong> <strong>Citigroup Inc.<\/strong> (<a href=\"\/stock\/C\">C<\/a>) raised CEO <strong>Jane Fraser&#39;s<\/strong> 2025 compensation by <strong>22%<\/strong> to <strong>$42 million<\/strong> following a <strong>66%<\/strong> surge in the company&#39;s stock.<\/li>\n<li><strong>Homeland Security Shutdown Risk:<\/strong> A partial shutdown of the <strong>Department of Homeland Security<\/strong> looms as Senate Democrats, led by <strong>Charles Schumer<\/strong>, blocked a funding bill over disagreements on immigration agent restrictions, with a Saturday deadline approaching.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Market-Moving_Headlines\"><\/span>Market-Moving Headlines<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"AI_Fears_Roil_Logistics_Sector\"><\/span>AI Fears Roil Logistics Sector<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>A surprising announcement from <strong>AlgoRhythm Holdings Inc.<\/strong>, a company that previously focused on karaoke equipment, sent shockwaves through the logistics industry. The company&#39;s claim that its AI platform could dramatically increase freight volume without additional headcount triggered an &quot;AI scare trade,&quot; leading to a sharp sell-off in trucking stocks. The <strong>Russell 3000 Trucking Index<\/strong> fell by <strong>6.6%<\/strong>, with major players like <strong>C.H. Robinson Worldwide Inc.<\/strong> (<a href=\"\/stock\/CHRW\">CHRW<\/a>) and <strong>Landstar System Inc.<\/strong> (<a href=\"\/stock\/LSTR\">LSTR<\/a>) experiencing significant declines.<\/p>\n<p>This development has heightened concerns about AI&#39;s disruptive potential, a sentiment echoed by a recent <strong>UBS<\/strong> warning that credit markets are underpricing the risks of AI-driven disruption. The investment bank noted that leveraged loans are particularly vulnerable to this emerging trend.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Rivians_Positive_Outlook_Drives_Stock_Higher\"><\/span>Rivian&#39;s Positive Outlook Drives Stock Higher<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>In more optimistic news, <strong>Rivian Automotive Inc.<\/strong> (<a href=\"\/stock\/RIVN\">RIVN<\/a>) saw its shares jump after posting a fourth-quarter adjusted loss of <strong>54 cents per share<\/strong>, beating analyst estimates. The electric vehicle maker also surpassed revenue forecasts and provided a robust 2026 delivery guidance of <strong>62,000 to 67,000 vehicles<\/strong>. The company confirmed that its upcoming <strong>R2 SUV<\/strong> is on schedule for a second-quarter launch.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Tech_and_Finance_Giants_Make_Moves\"><\/span>Tech and Finance Giants Make Moves<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>NVIDIA Corp.<\/strong> (<a href=\"\/stock\/NVDA\">NVDA<\/a>) is set to expand its infrastructure by leasing a new <strong>200-megawatt<\/strong> data center in Nevada. The project is being partly financed by a <strong>$3.8 billion<\/strong> junk-bond sale led by <strong>Tract Capital<\/strong>, with <strong>JPMorgan Chase &amp; Co.<\/strong> and <strong>Morgan Stanley<\/strong> managing the transaction.<\/p>\n<p>Meanwhile, <strong>Citigroup Inc.<\/strong> (<a href=\"\/stock\/C\">C<\/a>) announced a significant pay increase for its CEO, <strong>Jane Fraser<\/strong>. Her 2025 compensation will rise by <strong>22%<\/strong> to <strong>$42 million<\/strong>, a move that follows a <strong>66%<\/strong> surge in the bank&#39;s stock price and places her compensation near that of peers like <strong>Jamie Dimon<\/strong>.<\/p>\n<p>In the artificial intelligence space, <strong>OpenAI<\/strong> has raised concerns with U.S. lawmakers about <strong>DeepSeek<\/strong>, a rival company. OpenAI alleges that DeepSeek used &quot;distillation and other evasive methods&quot; to train its R1 chatbot by extracting output from U.S. models, prompting business and national security concerns.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Political_and_Economic_Headwinds\"><\/span>Political and Economic Headwinds<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Government_Shutdown_Threat\"><\/span>Government Shutdown Threat<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>A partial shutdown of the <strong>Department of Homeland Security<\/strong> is possible as a Saturday funding deadline approaches. <strong>Senate Democrats<\/strong>, under the leadership of <strong>Charles Schumer<\/strong>, have blocked funding bills due to disagreements with Republicans and former President <strong>Donald Trump<\/strong> over restrictions on immigration agents.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Saks_Fifth_Avenue_Navigates_Financial_Troubles\"><\/span>Saks Fifth Avenue Navigates Financial Troubles<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Luxury retailer <strong>Saks Fifth Avenue<\/strong> is in negotiations with its lenders and some suppliers to address financial concerns. The talks aim to resolve issues surrounding inventory on consignment and to prevent objections to the company&#39;s bankruptcy loan.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"International_Developments\"><\/span>International Developments<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Venezuela&#39;s<\/strong> acting President <strong>Delcy Rodriguez<\/strong> told NBC that the date for the country&#39;s next election will be determined through political dialogue, committing to holding free and fair elections. This follows a period of political uncertainty in the nation.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"NYC_Transit_Initiatives\"><\/span>NYC Transit Initiatives<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>In New York City, <strong>Zohran Mamdani<\/strong> plans to reinstate bus and protected bike lanes that were previously scrapped by <strong>Eric Adams<\/strong>. This includes projects like offset bus lanes on Fordham Road and a two-way protected bike lane on Ashland Place as part of a broader effort to improve city transit.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways AI &quot;Scare Trade&quot; Hits Logistics: A former karaoke company, AlgoRhythm Holdings Inc., sparked a sell-off in the trucking 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