Allbirds officially changes its name to Smartbird and appoints former AWS executive as CEO

格隆汇2026/06/18 01:49

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Glonghui, June 18 — Formerly a popular sneaker manufacturer, Allbirds has officially rebranded as Smartbird and appointed former AWS executive Nadia Carlsten as Chief Executive Officer, marking the company’s complete shift from footwear to artificial intelligence (AI) infrastructure services. Carlsten has also joined the company’s board of directors and taken on the roles of President and CEO, succeeding the departing Joe Vernachio. In March this year, the company sold its brand and footwear assets to American Exchange Group for $39 million. After announcing its transformation to AI infrastructure computing in April, the company’s stock price surged more than fivefold at one point. Smartbird stated that it now positions itself as an AI infrastructure provider, offering AI infrastructure services in the form of managed services, enabling enterprises to avoid bearing significant upfront equipment costs. The company said it is actively negotiating with potential clients and designing the first deployments of AI infrastructure clusters. The company also announced it has expanded its convertible financing arrangement from $50 million to $100 million. The funds will be used to purchase graphics processing units (GPUs) to support its AI infrastructure business.

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Monnalisa’s delisting from trading on Euronext Growth Milan took effect today. The company is preparing a shareholder buyback process led by Modamet and Jafin Due for investors seeking to sell. Further details are due in coming days on the purchase window and a single settlement date for the transactions. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Monnalisa S.p.A. published the original content used to generate this news brief on October 06, 2026, and is solely responsible for the information contained therein.

Bitget•2026/10/06 16:04

ICE brings futures trading to London’s $190 billion-a-day physical gold market

Kitco•2026/10/06 15:18

BUZZ - Sphere Entertainment shares drop as BTIG lowers price target, citing slowing bookings

On October 6th, Sphere Entertainment (SPHR.N) shares fell over 6% to $104.04. BTIG lowered its price target from $190 to $160, which still represents a 44% upside from the latest closing price. The broker reduced its third-quarter revenue forecast for the Sphere Experience business from $123 millions to $110 millions, and its fourth-quarter forecast from $164 millions to $148 millions, both below Wall Street estimates of $123 millions and $164 millions. Based on its analysis of ticket sales, a slowdown in “The Wizard of Oz” bookings at the end of Q3, and booking trends in early October, it expects reduced ticket sales and lower revenue per performance. Among 13 brokers, 11 rate the stock as “buy” or higher, and 2 rate it as “hold,” with a median target price of $178.50, according to data compiled by LSEG. Including daily price fluctuations, the stock is up 10.50% year-to-date.

路透社•2026/10/06 15:18