Rivian Stock Price Today: Layoffs and Tesla Comparisons – What We Know

Wall Street's Having a Bad Day? Tell Me Something I Don't Know.

So, the market took a nosedive yesterday. Big deal. Apparently, the Dow Jones got smacked, the S&P 500 took a worse beating, and the Nasdaq... well, let's just say it's probably hiding in a corner somewhere, sucking its thumb. And we're supposed to care? Give me a break.

The Usual Suspects: AMD, SMCI, and the Rest

Let's run through the list of "stocks to watch," shall we? AMD, Super Micro Computer, Upstart, Pinterest, Rivian. Sounds like a law firm specializing in screwing over the little guy. AMD, everyone's favorite Nvidia wannabe, dropped almost four percent. Lisa Su is out there saying they had an "outstanding quarter" with "record revenue and profitability." Translation: "We still can't touch Nvidia, but at least we made some money." The stock then promptly tanked even further in after-hours trading. Color me shocked.

Super Micro Computer (SMCI) missed its earnings estimates. Missed. As in, completely face-planted. Down almost ten percent after hours. Is anyone surprised? The 52-week range on this thing is wider than the Grand Canyon. It's basically a casino game disguised as a tech stock.

Upstart Holdings? More like Downstart Holdings, amirite? They beat earnings but missed on revenue and gave weak guidance. It's always something with these clowns. Always. They're projecting lower revenue in 2025. What a joke.

Pinterest? Oh, please. They're still around? I thought that was just a place where bored housewives shared pictures of cupcakes. They missed their earnings estimates. I guess those AI investments aren't "paying off" as much as CEO Bill Ready claims.

Rivian: Still Trying to Be Tesla, Bless Their Hearts

And then there's Rivian. The darling of the EV world... or at least, they were the darling before everyone realized that making cars is actually, you know, hard. Rivian stock price is still struggling. They beat revenue estimates, which is nice, but they still lost almost a dollar per share. And they're patting themselves on the back for the R2 model coming out in 2026? That's like bragging about winning a participation trophy. Tesla is laughing all the way to the bank. Speaking of, I wonder how much TSLA stock is doing today...

Benzinga's "Edge Stock Rankings" puts Rivian in the 58th percentile for momentum. 58th percentile. That's not momentum; that's barely above average. That's like saying "Hey, at least you're not failing completely!" AMD, Super Micro Computer, Upstart Holdings, Pinterest And Rivian: Why These 5 Stocks Are On Investors' Radars Today - Advanced Micro Devices (NASDAQ:AMD)

The AI Bubble: Is This Thing Gonna Pop?

And let's not forget the elephant in the room: the AI bubble. Michael Burry – yes, that Michael Burry, the guy who predicted the 2008 crash – is betting against Nvidia (NVDA stock) and Palantir (PLTR stock). Palantir stock, a favorite of the "apes" over at WallStreetBets, is a particular target. He thinks it's all overhyped. He might be right. Then again, maybe I'm the crazy one here. Maybe we are all going to be replaced by robots, and these companies will be worth trillions. But I doubt it.

The market's down because of "concerns over a potential AI bubble." Concerns? Concerns are what you have when you're deciding whether to order pizza or Chinese. This is full-blown panic. And honestly...I'm not convinced that this is the bottom.

So, What's the Real Story?

The real story is that Wall Street is a rigged game, the house always wins, and the rest of us are just along for the ride. These "analyst estimates" are pure fantasy, the CEOs are lying through their teeth, and the whole thing is about to come crashing down. Again. Of course, I could be wrong. But something tells me I'm not.