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Shoe Brand Allbirds Pivots To AI, Changes Name To NewBird AI, Stock Rips More Than 360%

Shoe Brand Allbirds Pivots To AI, Changes Name To NewBird AI, Stock Rips More Than 360% Just when you thought you’d seen the last of the AI pivot idiocy… Allbirds (yes, the wool sneaker people) is mooning—up as much as 360%—after announcing it’s ditching shoes and pivoting to, of course, AI. This comes just weeks after agreeing to sell off its brand and footwear business for $39 million, according to Sherwood News. The plan? Rebrand as “NewBird AI,” raise $50 million, and reinvent itself as a GPU-as-a-Service / AI cloud company. Translation:...
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Apr 14, 2026 / Tyler Durden
DEI Practices Reduce Productivity, Cost $94 Billion Annually: White House Economic Report
DEI Practices Reduce Productivity, Cost $94 Billion Annually: White House Economic Report Authored by Travis Gillmore via The Epoch Times, Diversity, equity, and inclusion practices negatively impacted the U.S. economy, according to the 2026 White House Economic Report released April 13.  Researchers calculated that DEI policies reduced output and lowered the country’s gross domestic product by about $94 billion each year, amounting to approximately $1,160 per year for families with two working adults.  “These estimates imply that DEI promotion has led to inefficient management, raising the cost of doing business,” the report reads. “These...
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Mar 31, 2026 / Tyler Durden
One Man Thinks He Knows "Why Everything Sucks"
One Man Thinks He Knows "Why Everything Sucks" Authored by Matt Van Swol via X, I think I know why everything sucks... ...and it's because everything is fake We are getting fake college degrees that cost 4 years and six figures that teach you fake education and get you fake jobs. We are eating fake food, with fake ingredients, funded by fake research. We are scrolling through fake lives, with fake relationships, who take fake, curated vacations to promote brands that make fake products. We are voting for fake candidates, who run on fake...
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Apr 28, 2026 / Tyler Durden
Vegas Casino Stocks Hit A Cold Streak As Visitor Growth Muted
Vegas Casino Stocks Hit A Cold Streak As Visitor Growth Muted Las Vegas casino stocks have been largely mixed year to date on New York exchanges, as soaring costs for alcohol, parking, food, hotel rooms, bottled water, and other basic items have deterred cash-strapped visitors from the Strip. Visitor volumes have been under pressure for more than a year, with Canadian travel down sharply in 2025. Major operators such as MGM and Caesars have reported revenue declines in Sin City, according to Bloomberg. The latest data from the Las Vegas...
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