Allbirds shares soar 580% after pivot from shoes to AI

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https://www.bbc.co.uk/news/articles/c98mrepzgj7o

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Damn, the market is an idiot.

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I once made a CEO a bit unhappy by describing the stock market as socially acceptable gambling, every day I’m proven more and more right.

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That’s a hard pivot. And building more AI infrastructure is a bad idea. But they might make some short term money given the AI hype.

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Thats all they care about

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