Shoemaker Allbirds suddenly says it’s an AI company… stock jumps 800%
The former shoemaker said it would pivot and rebrand itself “NewBird AI.”
Stocks
New bill wants lawmakers banned from trading on prediction markets
A proposed bill would bar members of Congress, the president and other executive branch officials from trading on political events.
Dow, S&P 500 and Nasdaq rebound in ‘relief rally’—as gold prices stumble
The major U.S. stock indexes on Monday rose from their lowest level this year, after President Donald Trump claimed earlier in the day the U.S. held “productive” talks with Iran, resulting in a “relief rally” for stocks that also prompted a decline in oil and gold prices.
Oil, interest rates, and why Australia is burning through its new fuel safety net
More than 700 million litres of fuel has been released from Australia’s stockpile, in order to get petrol and diesel into the hands and vehicles of rural customers. Here’s how long our reserves can last.
Software stocks—Oracle, Intuit, more—fall as Anthropic’s latest Claude model fuels AI concerns
The Google- and Amazon-backed AI startup fueled a global selloff in software stocks earlier this month.
Sergey Brin becomes world’s third-richest —overtakes Jeff Bezos, Larry Ellison after Alphabet hits US$4 trillion
The Google parent’s stock hit a new record after a new AI deal with Apple, pushing its market value above $4 trillion.
Inside the billionaire bubble: Why 2025 was the best year in history for billionaires
Surging AI stocks, big IPOs and Elon Musk fueled a billionaire bonanza this year.
Billionaires predicted the stock market’s performance in 2025. Most were wrong
Forbes asked 34 billionaires in early 2025 how they thought the S&P 500 would fare. Turns out, not even billionaires can see the future.
What Australia’s wealthiest are doing with their money
Australia’s high-net-worth population is growing – fast – and the wealthiest of those saw their portfolios rise across 2025 despite episodes of volatility, a new LGT Wealth Management Report shows.
It’s not just an AI bubble. Here’s everything at risk
Stocks are soaring, gold is too, and risk looks cheap everywhere. These charts trace the signs of what could be the everything bubble taking shape.