AI Bias Analysis
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Allbirds, the once-buzzy maker of wool sneakers, announced a new business plan just days before it planned to close down for good: AI computing infrastructure. Ed Ludlow explains the move. (Source: Bloomberg)
Source
Bloomberg Markets
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The index on Wednesday tallied its first intraday and closing record highs since the start of the Iran conflict.
Portal Innovations CEO John Flavin provides a look into the 2026 biotech M&A pipeline and breaks down Eli Lilly’s purported acquisition of CrossBridge Bio for up to $300 million, bolstering its oncology segment. He talks with Katie Greifeld and Romaine Bostick on “The Close.” (Source: Bloomberg)
The departure was announced alongside Ford detailing a new restructuring that includes the establishment of a "Product Creation and Industrialization" unit.
Goldman's identity as a trader's firm — one expected to perform in turbulent markets — makes any stumble in the division notable.
