Allbirds Stock Surges 700% on AI Hype: A New Dotcom Bubble?
In April 2026, the footwear brand Allbirds announced a dramatic strategic pivot away from its core business of sustainable sneakers toward becoming an AI compute infrastructure provider, triggering a surge in its stock price that echoed past market frenzies. The company revealed it had secured a $50 million convertible financing facility to support its transition … Read more