Katie Martin

They are things nonetheless that could happen, but they haven't happened yet.

So vibes are good, which is why you get really, really stupid things happening in markets.

Now, here's a stupid thing.

Rob, you quite often have incorrect views about footwear.

However, please tell us about a company called Allbirds, which I'm not familiar with.

So have you ever worn these trainers?

Oh, they must be dreadful then.

If you know Robin Wigglesworth, you'll know what I'm talking about.

Yeah, and the stock is down like 99% or was down 99% from when it listed.

Well, then let me tell you the statement they put out yesterday.

They said, we are pivoting, and I quote, to AI compute infrastructure with a long-term vision to become a fully integrated GPU as a service and AI native cloud solutions provider.

What manner of nonsense is this?

Yeah, they're changing the name to New Bird AI.

Now, you, Robert Armstrong, hear this, and I, Katie Martin, hear this and think, this sounds ridiculous.

However, the stock market goes, hooray, AI, sounds fantastic.

So the stock closed 600% higher on Wednesday as a result of this, whatever this is.

Selling trailers that not even Robin Wigglesworth buys anymore.

I've heard it.

I'll tell you what's going on here.

We have seen this movie before.