So, was that the sign? Allbirds? Seriously?
As a reminder, the maker of wool shoes (can you imagine the smell?) pivoted from selling the aforementioned shoes to becoming a company that provides Nvidia-powered servers to AI companies.
Makes sense, right?
Anyway, BIRD is down over 50% from yesterday at this exact same time.
Good morning, everyone. Well, folks, this is what we’re dealing with. I’ve been doing this since 1987, and I’ve never seen anything like it. Not even close.
As always, I’m relieved to see that Tim didn’t make the cut of the most common names. Plus, no one ever accused me of being a Karen.
Here is a graph even scarier than that of the NASDAQ 100: the acceleration of AI in various fields toward human-level proficiency and far beyond.
