Smartbird

We've seen this film before...

Nasdaq hit its 12th straight record close while companies with 0 AI expertise rebrand overnight and rip 200-600%

26 years ago, it was a similar script with ".com"

Then (1998-2000):

• April 9, 1998: K-Tel announced a pivot to online music sales and stock ripped +900%

• March 29, 1999: Computer Literacy rebranded to Fatbrain com and stock ripped +322%

• March 21, 2000 Goldman Sachs told clients to go 90% stocks

• April 17, 2000: Nasdaq had its biggest one-day point gain in history.

In 2026:

• April 2, 2026: Goldman Sachs told clients the worst of the selling is behind us

• April 15, 2026: Allbirds rebranded to NewBird AI to rent GPUs and stock ripped +582%

• April 16, 2026: Myseum rebranded to Myseum AI and stock ripped +200% pre-market

• April 16, 2026: Nasdaq closes at a new all-time high

The Nasdaq crashed 78% and bottomed 30 months after that April 17, 2000 rally...

Cerebras soon to IPO at $35B+ valuation.

This is the holy grail of OpenAi contagion.

-> $8.1B valuation few months ago

-> Sam Altman hints at $20-30B deal over 3 years.

-> $23B valuation.

-> Now it’s $35B+ to the public.

If OpenAI promises $Smartbird(BIRD.US) $5 trillion in orders, does it suddenly make it a $6 company?

Might be fine for a year… but this is not going to end well if OpenAi goes down.

Source: Serenity

I’m at a loss for words. wtf is this

$Smartbird(BIRD.US) is up 572% after:

“Allbirds executed a $50M convertible financing facility… to fund a pivot into GPU-as-a-Service and AI cloud infrastructure”

This is a shoe brand?

Source: Serenity

$Smartbird(BIRD.US)

Allbirds, the footwear brand, is selling all of its assets and raising $50M in convertibles to buy GPUs and begin offering AI infrastructure.

Well, that’s one way to pivot a business 😂

I guess bullish Nvidia…

Source: amit