Allbirds Stock Soars 670% On Sneaker To AI Pivot

Allbirds Inc. (NASDAQ:BIRD) stock went parabolic on Wednesday, ripping as much as 670% intraday after the onetime eco-sneaker company said it is reinventing itself as an AI compute infrastructure play backed by a new $50 million financing facility.  BIRD stock is...

Why Is Xanadu Quantum Stock Surging Wednesday?

Xanadu Quantum Technologies Ltd. (NASDAQ:XNDU) shares are trading sharply higher Wednesday. A sector-wide rally in quantum computing stocks was sparked by Nvidia Corp.’s (NASDAQ:NVDA) rollout of new open-source AI models tailored for quantum applications. On Tuesday,...