1. Allbirds Stock Soars 400% on Radical Rebrand to AI Compute Firm 'NewBird AI'
Sustainable footwear company Allbirds has triggered a market frenzy, with its stock price skyrocketing over 400% following an announcement of a complete corporate pivot. The firm is abandoning its core shoe business to rebrand as 'NewBird AI' and enter the high-stakes GPU-as-a-service market. This radical shift from a ...