A $3 Million Karaoke Company Just Triggered a Global Logistics Selloff + The 3 Categories That Tell You Whether to Panic or Buy
A former karaoke company just triggered a selloff that erased roughly $17.4 billion from the Dow Jones Transportation Average in a single session. It’s the latest in a string of sector-wide panics—SaaS, private credit, insurance, wealth management, real estate, and now logistics—that have rolled through the market in under two weeks. And the real disruption isn’t AI—it’s what happens when your CEO watches the stock drop 15% and decides your team is the budget for the “AI strategy” the board just demanded.