CLOSING BELL
🚛 Robots Stole My Truck

The market fell Thursday, the S&P 500 showing massive divergence, falling despite some bang-up earnings beats that would have shocked investors toward the green… if the software market was not cycling through a major AI sell off.

It wasn’t even just software stocks today, but only utilities and Consumer Staples were in the green, AI productivity fears hitting out at even real estate and logistics stocks today. That’s right, AI is coming for trucking, even though there are no AI-controlled trucks, or are there? 😕 

In another example of rash selling, AppLovin fell 18% today, but beat all expectations last night. Normally, CFO Matt Stumpf said software is valued by the Rule of 40 in software. He said the firm’s 66% revenue growth and 84% adjusted EBITDA margins are together a score of 150 and waited for applause. And the market said big whoop.

Cisco’s 12% drop on a lack of excitement over the future sent the whole internet of things market falling. Apple fell 5%.

Macro data released by the National Association of Realtors showed Jan home prices were tanking 8%, Investors are bracing for further volatility as tomorrow’s CPI data looms, adding macroeconomic pressure to an already spooked market.

AFTER THE BELL
Electric Cars, Bitcoin Sellers, and Gambling in the After-Market 🥇 🚘️ 🫰 

$COIN ( ▼ 7.91% ) reported adjusted earnings of $0.99 EPS on revenue of $1.84 billion, largely aligning with the revised $1.85 billion analyst consensus. The stock was positive, despite a 19.2% year-over-year revenue decline, and an overall quarterly loss of nearly $700M. Compared to 2024, Coinbase brought in 51% less in net revenue for 2025. Coinbase is down about 63% since Bitcoin’s ATH.

The Beat? Margins are tightening, and the “crypto winter” may be upon us. That means one thing, retail is no longer throwing money into Bitcoin, compared to last year’s surge. Transaction revenue was down 37% YoY to $982M.

“We have navigated all market conditions in the past, and we’re ready to navigate any market conditions that are thrown at us in 2026,” Alesia Haas, chief financial officer told WSJ.

The outlook hinges on the sustainability of the recent crypto rally and the potential for increased institutional inflows. It also features a political battle, Chief Brian Armstrong fighting openly with top bankers over a crypto-banking bill that is slowly making its way through the Senate Banking Committee.

DraftKings delivered a strong fourth quarter with revenue reaching $1.99 billion, a 43.2% surge that just met aggressive Wall Street targets. Shares were dumping like a downpour in July, down 15% at the time of writing after hours.

It was a record-breaking NFL season and rapid iGaming acceleration, but next year looks bleak. The firm expects $900-$700M in adjusted earnings in the coming year, way below estimates for $981M, according to Factset.

Enhanced parlay participation and high customer retention allowed the firm to offset unfavorable sports outcomes early in the quarter.

The Outlook is bright as $DKNG raises its fiscal 2025 revenue guidance to a range of $6.3 billion to $6.6 billion, and the market wanted $7.3B. Investors are now waiting for a potential impact of newly launched prediction markets on long-term market share.

Rivian reported a quarterly loss of -$0.67 EPS on revenue of $1.27 billion, narrowly beating estimates, but full-year revenue climbed to $5.39B, up 8% YoY. While the top line reflected a 26.3% year-over-year decline, the company successfully hit its annual delivery target of 42,247 vehicles.

Revenue contraction was called a “planned production slowdown” as the company optimized its manufacturing lines for the R2 platform. The stock was flying 14% post market. Sustained liquidity, bolstered by a $10 billion capital access pool including the Volkswagen joint venture, remains the company’s primary defense.

“In 2025 we focused on execution as we laid the foundation for dramatically scaling our business,” Rivian CEO RJ Scaringe said.

The Outlook: The firm hopes for a modest full-year gross profit in 2026, a goal complicated by current 3.32% margins. They are announcing new product details March 12.

SPONSORED BY VIRTUIX
VTIX Brings AI-powered 360-degree Treadmill to Europe Following 138% Growth

Virtuix Inc. (NASDAQ: VTIX) just announced the expansion of their “Peloton for gamers” into Europe, building on strong momentum of the Omni One gaming system.

Virtuix’s “Omni” 360-degree treadmills bring physical movement to AI worlds, for applications in the consumer, enterprise, and defense markets.

$VTIX is ready to scale:

Explosive Growth: 138% YoY revenue growth for the six months ended 9/30/2025, with production capacity in place for $100M annual revenues.

”Peloton for Gamers”: Omni One blends immersive gaming with physical activity, enabling users to burn up to 700 calories per hour.

Defense: Virtuix aims to combine high-volume consumer sales with high-margin defense contracts, with test units already purchased by Yokota Air Force Base and West Point.

With its international expansion beyond the U.S. and into defense, Virtuix is only getting started.

*3rd Party Ad. Not an offer or recommendation by Stocktwits. See disclosure here.

INDUSTRY NEWS
AI Panic Hits Trucking & Transport Stocks 🚛

The Dow Jones Transportation Average plunged over 5% on Thursday, marking its steepest one-day decline in nearly a year. A sudden “AI fear trade” ignited a massive rotation out of logistics and brokerage firms as investors weighed the threat of technological disintermediation. It came from a crazy source, and hit shipping giants:

• -21.6% C.H. Robinson Worldwide $CHRW

• -18.5% Landstar System $LSTR

• -14.1% Expeditors International ($EXPD

• -6.6% Russell 3000 Trucking Index

It was a Algorhythm Holdings $RIME ( ▲ 29.87% ) whose SemiCab AI unit reported scaling freight volumes by 300% without adding headcount. This efficiency milestone sent Algorhythm’s shares soaring 30% while simultaneously wiping billions from traditional logistics “middlemen” who rely on manual, labor-intensive brokerage models.

The press release took more value from the big boys than Algo is even worth. It used to be a karaoke machine seller before rebranding in 2024, according to Bloomberg.

Analysts at Jefferies and Baird noted that open-source automation agents could soon level the playing field for smaller operators, effectively dissolving the competitive moats and high-fee structures long held by giants.

The Outlook for the transport sector has shifted from “AI-resistant” to “AI-vulnerable” almost overnight. While stalwarts saw significant slides, the market is now demanding “proof of durability” from any firm involved in freight coordination. 🚒 

INDUSTRY NEWS
Saylor: ‘If my [Bitcoin] Becomes worthless, we’ll Just Refinance the Debt’ 😰 

Michael Saylor, from Strategy bitcoin treasury fame, has been in the news all week, leading a speaking tour to promote his stock while Bitcoin falls. He most recently, and flagrantly said to CNBC, if Bitcoin does the unthinkable and falls to below $10k a coin, his firm would be fine, they would just refinance.

Despite MicroStrategy shares plummeting 60% over the last year and current holdings sitting deep in the red, the company plans to continue its quarterly buying spree indefinitely. Saylor dismissed liquidity concerns by saying his firm is running on a 2.5-year cash reserve and framing Bitcoin’s extreme volatility as an intentional, performance-driving feature of the company’s capital structure. He basically said, ‘Yeah, but what if it goes back up?’

MicroStrategy’s debt load has ballooned to $8.2 billion in convertible notes and $8.3 billion in high-dividend preferred stock as the firm continues its “infinite” Bitcoin accumulation.

The real pressure mounts in 2028 when bondholders gain “put” rights to demand billions in cash repayments. With Bitcoin currently trading below the firm’s $76,056 average cost basis, the strategy hinges entirely on refinancing maturing debt or further diluting equity to avoid a liquidity crunch. So don’t worry out there, someone is hurting way more from the Bitcoin sell off.

IN PARTNERSHIP WITH PLUSAI
PlusAI is ready to revolutionize transportation with autonomous trucks

There is huge global demand for autonomous trucking today. Autonomous trucks can help address the global driver shortage, make our roads safer, and enhance the efficiency of our logistics network. Trucking plays a crucial role in moving over 70% of the goods we eat and use every day.

Our autonomous driving software technology is expected to be ready for commercialization in 2027. Our virtual driver, SuperDrive, is the software intelligence layer that enables autonomous driving.

We have secured scaled distribution with three of the world’s most trusted OEMs. We are supporting factory integration with TRATON’s Scania/MAN/International brands, IVECO, and Hyundai to prepare for industrial-scale deployment of autonomous trucks in the U.S. and Europe.

We have a sustainable and scalable business model. We earn recurring, usage-based software revenue as autonomous miles scale.

*3rd Party Ad. Not an offer or recommendation by Stocktwits. See disclosure here. 

TRENDING STOCKS
Winners and Losers

• $FSLY ( ▲ 72.29% ) Fastly: Shares are surging on heavy volume after the company reported a massive earnings beat and “shocking” 2026 revenue guidance of $700 million. Analysts highlight the company’s “breakaway gap” as it becomes a primary infrastructure play for the emerging “Agentic AI” boom.

• $EQIX ( ▲ 10.42% ) Equinix: Jumped +10.41% after forecasting 2026 sales of $10.12 billion to $10.22 billion, exceeding Wall Street estimates due to massive demand for AI-driven data center infrastructure.

• $AKAM ( ▲ 10.35% ) Akamai Technologies: Rose +10.35% ahead of its upcoming earnings report next week as analysts revise EPS estimates higher, citing strength in cloud security and edge computing services.

• $ZBRA ( ▲ 8.58% ) Zebra Technologies: Surged +8.58% after a “triple-threat” earnings performance featuring a Q4 revenue beat of $1.48 billion and aggressive 2026 guidance driven by industrial RFID and AI-integrated scanning demand.

• $MSI ( ▲ 7.67% ) Motorola Solutions: Climbed +7.67% following Q4 results that beat expectations with $3.38 billion in sales, fueled by record demand for mission-critical communications and video security.

Top Losers

• $APP ( ▼ 19.68% ) AppLovin: Plummeted -19.68% despite beating all Q4 estimates, as investors balked at a rich valuation and concerns over long-term AI disruption to the mobile adtech landscape.

• $ASTS ( ▼ 15.17% ) AST SpaceMobile: Trending heavily as retail sentiment builds around upcoming satellite launch milestones and potential partnership expansions for its space-based cellular broadband network.

• $CHRW ( ▼ 14.54% ) C.H. Robinson: Nosedived -14.54% amid fears of AI disruption in the brokerage sector after competitors claimed new automation tools could quintuple broker productivity.

• $ALB ( ▼ 9.41% ) Albemarle: Dropped -9.40% as lithium price volatility and oversupply concerns continue to weigh on the outlook for the battery materials leader.

ST MEDIA
Top Stocktwits Stories 🗞️ 

Why Decentralized Perpetuals Are About to Explode

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WHAT’S ON DECK
Tomorrow’s Top Things 📋

Macro: Retail Sales, Industrial Production, Michigan Consumer Sentiment. 📊

Pre-Market Earnings: $MRNA, $CCJ, $AAP, $WEN, $XAIR, $ENB, $MGA, $DJT. ☀️

After-Market Earnings: $NAKA, $TGL. 🌙

P.S. You can listen to all of these earnings calls on Stocktwits.

Links That Don’t Suck 🌐

📈 Want to build a portfolio you love? Then get 2 months of IBD Digital + Print for just $10*

🤑  A Crypto Love Story: Cardano & LayerZero 🫂

😨 ASTS Stock Is Falling Nearly 11% Today – Why Is Retail Not Happy With Its New $1B Fund Raising?

🏠️ Realtors report a ‘new housing crisis’ as January home sales tank more than 8%

💰️ Pinterest forecasts downbeat revenue as it battles for digital ad dollars; shares plunge

📺️ Michael Saylor downplays Strategy credit risk as bitcoin tumbles: ‘We’ll refinance the debt’

*3rd Party Ad. Not an offer or recommendation by Stocktwits. See disclosure here. 

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