Allbirds Stock Surges Over 900% After Pivot to AI Infrastructure Business
Allbirds shares skyrocketed after the struggling footwear brand announced a pivot to AI infrastructure, signaling a dramatic shift in its business model.
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AMD, Qualcomm, Arm Back Wayve With New Funding to Accelerate Driverless AI
AMD, Qualcomm, and Arm have invested in autonomous driving startup Wayve, reinforcing growing demand for AI-powered vehicle technology.
Snap to Cut 16% of Workforce, Targeting $500 Million Savings Amid AI Push
By
Emma Clarke
Snap will lay off about 1,000 employees, or 16% of its workforce, as part of a cost-cutting plan tied to AI-driven efficiency and profitability goals.
Allbirds Stock Surges Over 900% After Pivot to AI Infrastructure Business
Allbirds shares skyrocketed after the struggling footwear brand announced a pivot to AI infrastructure, signaling a dramatic shift in its business model.
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SEC Approves End of $25,000 Pattern Day Trader Rule
The SEC approved the removal of the $25,000 minimum requirement for pattern day traders, expanding access to active trading for retail investors.
Fed Nominee Kevin Warsh Discloses Crypto Investments Worth Over $100 Million
Federal Reserve nominee Kevin Warsh revealed over $100 million in assets, including stakes in crypto and tech ventures, raising questions about potential policy implications.
Novo Nordisk Partners With OpenAI to Accelerate AI-Driven Drug Discovery
By
Emma Clarke
Novo Nordisk has partnered with OpenAI to enhance its drug discovery efforts using advanced AI tools, aiming to accelerate identification of new treatments.
Amazon to Acquire Globalstar in $11.6 Billion Deal to Expand Leo Satellite Network
Amazon agreed to acquire Globalstar to strengthen its low Earth orbit satellite network and accelerate direct-to-device connectivity. The move intensifies competition with SpaceX’s Starlink.
Blue Origin Develops Technology to Extract Oxygen From Lunar Soil
By
Emma Clarke
Blue Origin has developed a system to extract oxygen from lunar soil, a breakthrough that could support future Moon bases. The technology also produces usable metals for construction.
Cocoa Prices Collapse Nearly 80% After Record Highs
By
Nathan Cole
Cocoa prices have plunged nearly 60% from 2025 highs, extending losses into 2026. The sharp decline follows a historic rally that peaked in late 2024.
Elon Musk to Launch XChat Messaging App With Encrypted Features
By
Emma Clarke
Elon Musk is set to launch XChat on April 17, introducing an encrypted messaging platform integrated with X. The app will include calls, file sharing, and enhanced privacy features.
Alibaba Reveals It Built Viral AI Video Model Leading Global Rankings
By
Emma Clarke
Alibaba confirmed it is behind a viral AI video model topping global leaderboards. The reveal highlights its growing role in the AI race.
Traders Bet Fed Will Hold Rates Through 2026 After Inflation Data
Traders are betting the Federal Reserve will keep interest rates unchanged through 2026 following the latest inflation data. CPI figures showed moderating but still elevated price pressures.