Noble Capital Markets has maintained its ‘Outperform’ rating on First Phosphate Corp. (CSE:PHOS, OTCQX:FRSPF, FRA:KD0, OTC:FPHOY) following the company’s...

Allbirds Becomes NewBird in Pivot From Shoes to AI

11:39am, Wednesday, 15'th Apr 2026
Allbirds made a name for itself with its shoes fashioned from merino wool. Now, it wants to be known as an AI company.
Shares of Allbirds surged more than five-fold on Wednesday after the footwear maker said it was raising capital and pivoting towards AI computing infrastructure.
It's not unprecedented for struggling companies to latch onto the hot trend of the moment. Remember the blockchain hype cycle?
Shoe company Allbirds (NASDAQ: BIRD) stunned everyone on Wednesday, April 15, announcing a dramatic strategic shift away from footwear and into artificial intelligence (AI).
AI compute demand has exploded.
Allbirds Inc (NASDAQ:BIRD) shares flapped over 200% higher after announcing a hard pivot from woollen sneakers to artificial intelligence infrastructure, enabled by a new $50 million convertible fin

Bet on 5 Top-Ranked Stocks With Rising P/E

09:31am, Wednesday, 15'th Apr 2026
Tap five stocks with increasing P/E ratios to try out an out-of-the-box approach. These stocks include Keurig Dr Pepper, Purple Innovation, H&R Block, Peloton Interactive and Allbirds.
Allbirds announces stunning pivot from shoes to AI, stock explodes 175%
SAN FRANCISCO, April 15, 2026 (GLOBE NEWSWIRE) -- Following its prior announcement that it has entered into a definitive agreement to sell the Allbirds brand and footwear assets to American Exchange G
Nike, Allbirds, and other leading sneaker makers are struggling. They'll face tough competitive and macro headwinds for the foreseeable future.
Inspired by nature's vibrant palette, the collection features 14 colors, including eight striking shades curated by Pantone Inspired by nature's vibrant palette, the collection features 14 colors, inc
Allbirds, Inc. (BIRD) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
The former shoe brand that was all over social media, Allbirds (NASDAQ:BIRD) signed a definitive agreement to sell all of its assets and intellectual property substantially to American Exchange Group
Allbirds was once worth as much as $4 billion. Its collapse offers lessons in mismanagement and IPO timing.
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE