Trucking and real estate stocks struggle to gain momentum in premarket after becoming latest victims of AI fears [CNBC]
Algorhythm Holdings, Inc. (RIME)
Company Research
Source: CNBC
On Thursday, a sell-off of commercial real estate companies entered its second day. Software stocks — which were at the center of a historic sell-off just last week — also got caught up in Thursday's drawdown, but were mixed on Friday morning. In an aerial view, trucks line up to enter a shipping berth at the Port of Oakland on Aug. 26, 2025 in Oakland, California. Justin Sullivan | Getty Images Investors are anxious heading into the final trading session of the week, after AI concerns gripped equity markets again to trigger a fresh sell-off — this time, hitting the logistics and real estate sectors. Here's how some of the worst-hit stocks were faring in premarket trading on Friday. Trucking and logistics On Thursday, logistics stocks became the latest victims of the AI fear trade, thanks to a new tool from AI firm Algorhythm Holdings . The tool, called SemiCab, touts itself as “the world's most well-orchestrated transportation platform.” Logistics giants C.H. Robinso
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News
- SemiCab Awarded Pilot with Coca-Cola IndiaGlobeNewswire
- Algorhythm Holdings Strengthens Balance Sheet with $9.5 Million Capital Infusion, Fully Capitalized for 2026 Growth PlanGlobeNewswire
- Market Outlook: AI scare trade fuels volatility as investors turn defensive [BNN Bloomberg (Canada)]BNN Bloomberg
- C.H. Robinson is the disruptor, 'not the disrupted': CEO [Yahoo! Finance Canada]Yahoo! Finance Canada
- Algorhythm Holdings, Inc. [CNN]CNN
RIME
Sec Filings
- 2/23/26 - Form 8-K
- 2/17/26 - Form SCHEDULE
- 1/23/26 - Form 8-K
- RIME's page on the SEC website