1. Allbirds Declares Itself an 'AI Company,' Stock Briefly Septuples in Peak AI Vibes Moment
The AI hype cycle hit a new level of absurdity this week as shoemaker Allbirds announced it was now an 'AI company,' a move that briefly sent its stock price soaring by a factor of seven. This 'Newbird AI' gambit is not an isolated incident but a glaring signal of a market gripped by what industry observers are calling...