What Allbirds’ ‘Hail Mary’ Says About AI Trading Right Now
Allbirds’ (BIRD) surprising pivot to artificial intelligence last week provided another reminder that the AI ​​hype is real. On Wednesday, the sustainable sneaker company once known for making Silicon Valley’s favorite shoe announced it would become an artificial intelligence company. The stock, which hovered around $3 earlier this week, rose nearly 600% on Wednesday and…