title: Charles Schwab Launches Spot Bitcoin and Ethereum Trading for Retail

description: Charles Schwab has begun a phased rollout of direct spot Bitcoin and Ethereum trading for retail investors, marking a significant expansion of Wall Street crypto access. This move introduces new demand-side pressure to the market, following similar initiatives by Fidelity and aiming to compete with platforms like Robinhood. The service is designed based on investor feedback to provide secure custody and trading capabilities.

Charles Schwab Corp

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name_wiki: Charles Schwab Corporation

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ticker_serp: SCHW

Robinhood Markets Inc

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Coinbase Global Inc

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title: Charles Schwab launches spot Bitcoin and Ethereum trading

snippets: Charles Schwab, a brokerage and investment company, announced on Thursday a phased launch of spot crypto trading offers, targeting its retail clients over the coming weeks. The offering under Schwab Crypto will provide direct access to Bitcoin (BTC) and Ethereum (ETH) trading in addition to educational and insights content from the company's research hub.

snippets: The brokerage firm will deliver spot market access for Bitcoin through its Schwab Crypto service. Individual investors will receive access through a staged deployment over the next several weeks. Trading functionality will appear across multiple platforms including Schwab.com, the Schwab Mobile application, and thinkorswim. Each transaction carries a fee of 75 basis points calculated on the dollar amount traded.

snippets: Schwab entering spot crypto trading follows moves by Fidelity, which has offered Bitcoin custody and trading since 2018, and Robinhood, which has long offered spot crypto for retail users. Traditional brokerages have been cautious about spot crypto due to regulatory uncertainty — the SEC's prior stance on crypto classification created compliance risk that has eased significantly since early 2025.

title: Charles Schwab posts record quarterly profit, set to launch spot crypto trading

description: Charles Schwab posts record quarterly profit, set to launch spot crypto trading

snippets: What's going on here? Charles Schwab capped a choppy start to 2026 with a record Q1: revenue rose 16% to $6.48 billion and net income climbed to $2.48 billion. What does this mean? Volatility often gets investors moving – and Schwab cashed in as market swings intensified, especially in March. With clients reassessing everything from AI winners and losers to private credit risk, many chose to hedge, rebalance, or simply trade more.

snippets: Looking ahead, Schwab teased plans to launch spot crypto trading – including bitcoin and ether – within the next few weeks, possibly to defend its flanks against the growing number of traditional financial firms now offering digital-asset access to clients.

description: Brokerage Charles Schwab on Thursday posted record first-quarter profit on the back of robust client growth and trading activity and said it would roll out spot crypto trading in coming weeks. ...

title: Charles Schwab launches spot crypto trading for retail clients

description: Charles Schwab launches spot crypto trading for retail clients

snippets: Charles Schwab announced the launch of Schwab Crypto, a spot cryptocurrency trading service that will begin rolling out to retail clients in the coming weeks. The service will initially offer direct trading in bitcoin and ethereum.

title: Charles Schwab reports record Q1 2026 revenue of $6.5B

description: Charles Schwab (NYSE:SCHW) posted Q1 2026 net income of $2.5 billion. Highlights include record trading engagement, a 2.88% NIM, and a 19% dividend...

snippets: Charles Schwab (NYSE:SCHW) today reported record financial results for the first quarter of 2026, driven by unprecedented client engagement and robust organic growth across its core business segments. The Westlake, Texas-based financial services leader posted net income of $2.5 billion, or $1.37 per diluted share. Excluding $143 million in pre-tax transaction-related costs, adjusted net income reached $2.6 billion, or $1.43 per share.

snippets: The Charles Schwab Corporation (NYSE: SCHW) reported its first quarter 2026 earnings results today. Net revenues grew 16% year-over-year to $6.5 billion. GAAP net income increased 30% to $2.5 billion, or $1.37 per share, compared to last year. Adjusted EPS rose 38% to $1.43. SCHW increased its quarterly dividend by 19% to $0.32 per share. The company also repurchased 24.3 million shares of its common stock for $2.4 billion during the quarter.

snippets: Schwab demonstrated its commitment to returning value to shareholders during the quarter through both share repurchases and dividend enhancements. The company bought back 24.3 million shares at a total cost of $2.4 billion. Additionally, management announced a 19% increase to the quarterly dividend, raising it to $0.32 per share.

title: Charles Schwab Introduces Direct Bitcoin and Ethereum Trading for Retail Investors

description: Charles Schwab debuts Schwab Crypto platform for retail clients, offering spot Bitcoin and Ethereum trading at 0.75% per trade with integrated account access.

snippets: For an opportunity to gain early access to Schwab Crypto, and to receive insights and education about cryptocurrency, visit Schwab.com/cryptocurrency. *An online survey of 460 cryptocurrency owners and intended owners aged 21 and over conducted July 31-September 1, 2025. About Charles Schwab At Charles Schwab, we believe in the power of investing to help individuals create a better tomorrow.

title: Charles Schwab begins rollout of spot bitcoin, ethereum trading platform

description: Brokerage and banking stalwart Charles Schwab is modernizing its offerings, beginning a rollout of its planned crypto trading platform and giving retail clients access to bitcoin and ethereum for the first time.The new offering, simply called Schwab Crypto, will be introduced in phases over the com…

title: Charles Schwab to Roll Out Bitcoin and Ethereum Trading in a Few Weeks

description: Charles Schwab has announced a phased launch of spot cryptocurrency trading for retail clients, with direct access to Bitcoin and Ethereum expected in the

snippets: Schwab said the product is designed for retail investors who want direct access to major cryptocurrencies while keeping those holdings within the same broader investing ecosystem they already use. The firm plans to charge 75 basis points, or 0.75%, on the dollar value of each crypto trade.

title: Schwab Launches Spot BTC And ETH Trading For Retail Clients

description: (MENAFN - Crypto Breaking) Charles Schwab, a heavyweight in the U.S. brokerage scene, plans to roll out spot cryptocurrency trading for ret

snippets: It also suggests a broader strategy: to render crypto trading part of a single, regulated, institution-backed suite of financial services rather than a separate crypto-only infrastructure. Investors will be watching how Schwab balances custody costs, regulatory compliance, and user experience as it expands beyond BTC and ETH to additional digital assets.

title: Charles Schwab Announces Rollout of Spot BTC and ETH Trading for Retail Clients

description: Charles Schwab announced the planned launch of its spot crypto trading platform, Schwab Crypto, in a press release today, April 16. The platform offers Bitcoin (BTC) and Ethereum (ETH) trading to Schwab's retail clients from within the existing platform, alongside traditional investments.

snippets: Schwab first announced that it would offer retail crypto trading a year ago, stating at the time that the platform would by mid-April 2026. The move marks a strategic shift from Schwab's previous indirect crypto exposure through ETFs, funds, and derivatives. In today's release, Schwab said that it plans to add more cryptocurrencies to the platform in the future.

description: The new platform, called Schwab Crypto, will roll out over the coming weeks and will only support bitcoin and ethereum at first.

snippets: Brokerage and banking stalwart Charles Schwab is modernizing its offerings, beginning a rollout of its planned crypto trading platform and giving retail clients access to bitcoin and ethereum for the first time. The new offering, simply called Schwab Crypto, will be introduced in phases over the coming weeks, confirming a previously stated timeline for a second-quarter launch following a waitlist phase earlier this month.

title: Charles Schwab launching direct bitcoin and ethereum trading

description: The brokerage, which manages more than $11 trillion in client assets, will charge a 0.75% fee per crypto trade

snippets: A new service called Schwab Crypto will give brokerage clients the ability to trade bitcoin and ether directly, Charles Schwab announced.

title: Charles Schwab to Launch Spot Bitcoin and Ether Trading for Retail Customers This Year

description: Charles Schwab CEO Rick Wurster has confirmed the brokerage will launch spot Bitcoin and Ether trading for retail customers by end of 2026, removing the need for third-party crypto exchanges to trade the two largest cryptocurrencies.

title: Charles Schwab to launch Spot BTC, ETH Crypto Trading for Retail Clients

description: $12 trillion asset manager Charles Schwab will launch spot Bitcoin and Ethereum trading for retail clients "in the coming weeks.".

snippets: JUST IN: $12 trillion Charles Schwab to launch spot Bitcoin and Ethereum trading for retail clients "in the coming weeks." — Watcher.Guru ( ) April 16, 2026

title: Charles Schwab Begins Rolling Out Spot Bitcoin and Ethereum Trading for Retail Clients

description: Charles Schwab has begun a phased rollout of Schwab Crypto, giving retail clients direct access to spot Bitcoin and Ethereum trading.

snippets: Still, the direction is clear enough. Schwab is no longer treating crypto as something its clients access only from the side. It is bringing spot trading into the core brokerage experience, even if the first version arrives with training wheels still on.

description: Charles Schwab to launch direct bitcoin, ethereum trading to compete with Robinhood IndiaVision India News & Information Charles Schwab is rolling out crypto trading, allowing clients to buy bitcoin and ether through a new arm called Schwab Crypto.

snippets: The decision by Charles Schwab to venture into direct cryptocurrency trading reflects a broader trend of institutional adoption and increasing investor demand. While the digital asset market has experienced periods of extreme volatility, its persistent growth and the underlying technological innovations continue to attract attention from both retail and institutional investors.

title: Charles Schwab begins phased rollout of Bitcoin, Ether trading for retail clients

description: Charles Schwab will begin a phased rollout of spot Bitcoin and Ether trading for retail clients, expanding its push deeper into crypto.

snippets: Schwab said the product is designed around what crypto investors say they want most from a trading platform, including low and transparent pricing, a trusted brand, and confidence that assets will be held securely. The company set pricing at 75 basis points on the dollar value of each trade and said clients will also get access to educational resources, research, and 24 by 7 support.

title: Charles Schwab Announces Details of Spot Crypto Trading Launch

description: Retail clients will have access to Schwab Crypto™ alongside the research, education, service and comprehensive investing, trading, wealth, and banking offers they already enjoy at Schwab Charles Schwab today announced Schwab Crypto™, a spot crypto trading offer that will begin a phased rollou...

title: Charles Schwab to roll out spot crypto trading product

description: Charles Schwab today announced Schwab Crypto, a spot crypto trading offer that will begin a phased rollout to retail clients in the coming weeks.

snippets: A holistic crypto investing experience At launch, Schwab Crypto will include: Direct trading in bitcoin and ethereum, two of the most well-known and established cryptocurrencies, which together represent approximately three-quarters of the crypto market capitalization.

title: Spot Crypto Trading Arrives at Charles Schwab

description: Charles Schwab, a leading name in everyday investing, is stepping directly into the world of cryptocurrencies. The firm plans to let retail clients buy and sell Bitcoin and Ethereum through a new service called Schwab Crypto, launching in the coming weeks. This move brings digital assets into the same trusted...

snippets: Until now, Schwab's crypto offerings were limited to futures, ETFs, and ETPs. Spot trading completes the picture, allowing investors to view all assets in one place. Early access is available at Schwab.com/cryptocurrency.

title: Charles Schwab opens spot Bitcoin and Ethereum trading to retail clients as Wall Street's crypto embrace enters a new phase

description: Charles Schwab is rolling out direct spot Bitcoin and Ethereum trading for eligible retail clients through its new Schwab Crypto service, with custody at

snippets: The structural effect of Schwab entering spot crypto is demand-side pressure that did not exist before. When a retail investor at Schwab buys Bitcoin through Schwab Crypto, that purchase is backed by actual Bitcoin held in custody at Schwab Premier Bank. It is not a derivative or a synthetic exposure. That means real buying in spot markets, which matters for price dynamics, liquidity depth, and the ongoing narrative around institutional adoption.

title: Charles Schwab to launch direct bitcoin, ether trading to compete with Robinhood

description: Charles Schwab is rolling out crypto trading, allowing clients to buy bitcoin and ether in the coming weeks.

snippets: Charles Schwab on Thursday introduced its long-awaited crypto investing product, making bitcoin and ether trading available to clients as the gap between traditional finance and digital assets narrows.

title: Charles Schwab Turned Market Chaos Into Record Q1 Profit

description: A volatile quarter drove record trading and strong client inflows, lifting revenue 16% and net income to $2.48 billion.

title: Charles Schwab (SCHW) Reports Impressive Q1 Performance with Revenue Up 16% and $11.7T in Total Assets

description: Charles Schwab (SCHW) reports strong Q1 2026 earnings with 16% revenue growth and record $11.77T in assets, despite pre-market stock pullback of 1.77%.

snippets: The brokerage reported earnings per share of $1.37, with adjusted EPS reaching $1.43 for the quarter. Profitability metrics strengthened significantly, as adjusted pre-tax profit margins expanded beyond 51%. Additionally, return on tangible equity climbed to an impressive 40%, signaling enhanced efficiency in capital deployment.

title: Charles Schwab (SCHW) Q1 2026 Earnings: Key financials and quarterly highlights

description: The Charles Schwab Corporation (NYSE: SCHW) reported its first quarter 2026 earnings results today. Net revenues grew 16% year-over-year to $6.5 billion. GAAP net income...

snippets: This press release contains forward-looking statements relating to the company's business momentum, client relationships, capital position, and through-the-cycle financial model. These forward-looking statements reflect management's expectations as of the date hereof. Achievement of these expectations and objectives is subject to risks and uncertainties that could cause actual results to differ materially from the expressed expectations.

title: Charles Schwab posts record quarterly profit on client growth, trading haul

description: Brokerage Charles Schwab posted record first-quarter profit on Thursday, lifted by robust client growth and trading activity. Markets navigated a tough landscape in the first three months of 2026, buffeted by renewed concerns aro...

snippets: • "Clients continue to turn to us for more of their financial lives, helping wealth and banking solutions reach record levels in 1Q," CEO Rick Wurster said.

title: Bitcoin & Ethereum Now Trading on America's Top Brokerage, Charles Schwab

description: Charles Schwab has launched Bitcoin and Ethereum trading to appeal to the crypto demand while diversifying its income.

snippets: America's top brokerage firm, Charles Schwab, has officially rolled out trading for Bitcoin (BTC) and Ethereum (ETH) on the Schwab Crypto platform through the Charles Schwab Premier Bank.

title: Schwab reports record Q1 revenue of $6.5 billion, up 16% year-over-year

description: Schwab reports record Q1 revenue of $6.5 billion, up 16% year-over-year

snippets: Charles Schwab Corporation (SCHW) reported first-quarter net income of $2.5 billion, or $1.37 per share, according to a company statement. Excluding $143 million in pre-tax transaction-related costs, adjusted net income reached $2.6 billion, or $1.43 per share. Net revenues for the quarter increased 16% year-over-year to $6.5 billion. The company added 1.3 million new brokerage accounts during the quarter, bringing total active brokerage accounts to 39.1 million and total client accounts to 47.2 million.

description: Brokerage Charles Schwab posted record first-quarter profit on Thursday, lifted by robust client growth and trading activity. Markets navigated a tough landscape in the first three months of 2026, buffeted by renewed concerns around AI disruption and private credit. Jitters intensified in March as the U.S.–Israeli war on Iran rattled investors, […]

snippets: This site is a proud member of Salem National, a subsidiary of. Other Salem National sites include:, ,, ,, , Copyright © 2026 SRNNews.com & Salem Media Group. All Rights Reserved. | |

title: Schwab posts 30% profit jump, flags RIA platform upgrades and crypto launch

description: Record trading activity and rising client assets drove the brokerage giant's strongest revenue quarter on record.


title: Meta Raises Quest 3 and 3S Prices Due to Global RAM Shortage

description: Meta is increasing prices for its Quest 3 and Quest 3S virtual reality headsets effective April 19. The company cites rising costs for RAM chips and other components as the primary driver. This move mirrors recent price hikes by Sony for the PlayStation 5. The changes reflect broader industry struggles with semiconductor supply constraints affecting consumer electronics globally.

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Sony Corp

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Alphabet Inc Class C

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title: Meta Raises Prices on Quest 3 and Quest 3S Due to RAM Shortage

description: Meta's latest virtual reality headset, the Meta Quest 3 (512 GB), will cost $100 more starting Sunday. You can blame the ongoing RAM shortage. Meta released the pricing update on Wednesday in a blog post calling out price increases for the Meta Quest 3 and 3S models . "The cost of building high-performance VR hardware has

snippets: Expect price bumps for refurbished Meta Quest headsets. Prices for Quest accessories will remain the same for now, though we're unsure whether this applies to games in the Meta store, or whether there'll be a change in the future.

snippets: Price hikes have been felt across the entire tech industry lately, and the Meta Quest 3 mixed reality headset is the next piece of premium hardware that's about to get more expensive. Meta has announced that its Quest 3 headset will increase from $500 to $600 for the 512GB model, while anyone looking to grab the entry-level Quest 3S headset can expect to pay an extra $50 for the 128GB and 256GB models when the new prices kick in on April 19.

snippets: This year has been such a bummer for tech fans. From gaming handhelds to PS5, the prices of just about everything with RAM or an SSD has been skyrocketing. That's because of the one-two punch of tariffs and AI data center demands. The latest tech products to get a price increase are the Meta Quest 3 and 3S. Meta announced that, starting Sunday, April 19, every model of the popular VR headset is going up between $50 and $100.

title: Meta Raises Quest 3 And Quest 3s Prices Due To Ram Shortage

description: Starting April 19, the price of the Meta Quest 3S (128GB) and Meta Quest 3S (256GB) will go up by $50 to $349.99 and $449.99, respectively. The price of the Meta Quest 3 is going up by $100 to...

snippets: Meta is raising the prices of its virtual reality headsets owed to the rising costs of representation chips, the institution announced connected Thursday. Starting April 19, the value of the Meta Quest 3S (128GB) and Meta Quest 3S (256GB) will spell up by $50 to $349.99 and $449.99, respectively. The value of the Meta Quest 3 is going up by $100 to $599.99. "We're making this alteration because the costs of building high-performance VR hardware has risen significantly," Meta wrote successful its blog post.

title: Meta raises Quest 3 and Quest 3S prices due to RAM shortage

description: Starting April 19, the price of the Meta Quest 3S (128GB) and Meta Quest 3S (256GB) will go up by $50 to $349.99 and $449.99, respectively. The price of the Meta Quest 3 is going up by $100 to $599.99.

snippets: We're making this change because the cost of building high-performance VR hardware has risen significantly," Meta said in its announcement. The company specifically cited a "global surge in the price of critical components—specifically memory chips" that has impacted nearly every consumer electronics category.

title: Meta Raises Quest Headset Prices Amid Global Chip Shortage

description: Global memory chip shortage is now impacting VR devices and consumer electronics. Meta raises Quest headset prices starting from 19th April.

snippets: Meta will increase the cost of Quest 3S (128GB) by $50 to sell at $349.99. The 256GB version will also increase by $50 to sell at $449.99. The biggest price jump will be for Quest 3, whose cost will hit $599.99 after a $100 increase.

title: Meta raises Quest 3 and 3S prices starting April 19, 2026

description: Meta has announced a price increase for its Quest 3 and Quest 3S virtual reality headsets, citing the rising cost of memory chips.

snippets: Meta is raising prices on its Quest 3 and Quest 3S VR headsets starting April 19, 2026, citing a global surge in memory chip prices. The Quest 3 jumps by $100 to $599.99, while the Quest 3S goes up $50 (now $349.99 for the 128GB version and $449.99 for the 256GB model).

title: Meta Quest headset prices are going up on April 19

description: Meta is blaming the increases on the RAM crisis.

snippets: The RAM crisis has prompted another company to jack up hardware prices. Meta says it will be increasing the price of Quest headsets on April 19. The Meta Quest 3 will get a $100 hike to $599, while the Quest 3S will be $50 more expensive at $350 (for a version with 128GB of storage) and $450 (256GB).

title: Meta blames RAM shortage for $100 Quest 3 price hike

description: Beginning April 19th, Meta's 128GB Quest 3S will cost $349.99, the 256GB Quest 3S will cost $449.99, and the Quest 3 will cost $599.99.

snippets: Meta is the next tech company to hike up hardware prices due to the global memory shortage. Beginning April 19th, Meta's 128GB Quest 3S VR headset will cost $349.99, the 256GB Quest 3S will cost $449.99, and the Quest 3 will cost $599.99. Those are increases of $50 for both Quest 3S models and $100 for the Quest 3.

title: Meta hikes Quest 3 price by $100 and Quest 3S by $50 amid RAM shortage

description: Meta has announced price hikes for its Meta Quest 3 and Meta…

snippets: Meta has announced price hikes for its Meta Quest 3 and Meta Quest 3S headsets, effective April 19, due to increasing RAM costs. The Quest 3S will see a $50 increase, while the Quest 3 (512GB) gets a $100 hike. According to the company, higher memory chip prices, driven by strong demand from AI and data centers, are forcing the change.

title: Meta Quest 3 and Meta Quest 3s prices to increase in the coming days

description: The Meta Quest 3 and Meta Quest 3s will be costlier soon. Meta says it was forced to increase prices due to the ongoing memory shortage.

snippets: This effectively inches ts the 512 GB Meta Quest 3 closer to its launch price of $650. At the time of writing, the Meta Quest 3S and Meta Quest 3 still start at $299 and $499, respectively. So, if you're in the market for a VR headset, now would be a very good time to purchase it.

title: Meta raises prices of Quest VR headsets on growing memory costs

description: Meta Platforms Inc. is boosting the prices of its virtual reality headsets because of rising memory chip costs, adding to an industrywide wave of recent increases.

snippets: Meta's Quest isn't the first VR headset or gaming device to be hit by the memory shortages. Valve's latest products have been delayed by the supply crunch, and the price of the Pico 4 Ultra headset is increasing in Japan in May. Sony Group Corp. has also hiked prices of its home consoles.

title: Meta Hikes Quest VR Prices Following PS5 Bump as RAM Shortage Rocks Tech World

description: In brief Meta is raising Quest VR headset prices by $50-$100 starting April 19, citing component shortages. Global memory chip constraints are affecting

title: Meta raises the price of its Quest VR headsets

description: The company attributed the increases to rising hardware costs, but the move may also point to a larger strategy to step back from its metaverse plans.

snippets: Meta attributed the change to rising hardware prices. As a result, the Meta Quest 3 unit will go from $500 to $599, while the Quest 3S 128GB version will go from $300 to $349. The 256 GB version of the Meta Quest 3S will also rise to $449.99.

description: Meta Quest headset prices are going up on April 19

title: Meta to raise Quest VR headset prices in US on rising component costs

description: Meta Platforms said on Thursday it would increase the prices of its virtual reality headsets from April 19 in the United States due to rising costs of memory...

snippets: Its entry-level Quest 3S headset with 128 gigabytes of storage will now cost $349.99, compared with $299.99 earlier, the Facebook parent said. The price of its higher-end Quest 3 headset with 512 gigabytes of storage will increase by $100 to $599.99.

title: Meta to Raise Quest VR Headset Prices in US on Rising Component Costs

description: Meta Platforms&ampnbsp;said on Thursday it would increase the prices of its virtual reality headsets from April 19 in the United States due to rising...

snippets: Last month, Sony also announced a second global price hike for its PlayStation 5 consoles in less than a year, including a $100 increase in the U.S., as the Japanese firm grapples with rising costs of key components. Meta said the new prices would also apply to refurbished Quest units, while accessories would retain current pricing.

title: Meta is Raising Quest 3 and Quest 3S Prices Amid Memory Cost Surge

description: Meta announced it's hiking prices for both Quest 3 and Quest 3S headsets, which includes both new and refurbished units, as the company cites the global surge in the price of memory as a main factor. Starting on April 19th, US-based consumers will see both Quest 3S variants (128 GB and 256 GB) bumped up …

snippets: This isn't the first time Meta has hiked prices for Quest. In 2022, the company raised the price of Quest 2 by $100 just months after launch, citing similar pressures around rising production and component costs—before later reversing the increase as market conditions stabilized.

title: Meta Quest 3 VR Headset Prices Are Increasing, Making Reality More Expensive To Escape

description: Expect to pay $50 - $100 more for a Meta Quest headset from next week.

title: Grab a Meta Quest 3 or 3S Before the Price Goes Up

description: Meta has announced price increases across the Meta Quest 3 and Meta Quest 3S line of virtual reality headsets. Here's where you can still buy one at today's lower prices.

description: The global RAM shortage claims another victim, with Meta boosting Quest 3 and Quest 3S prices following other gadget price hikes.

snippets: Meta announced it will raise prices on its Quest 3 and Quest 3S virtual reality headsets by $50 to $100 starting April 19, citing rising component costs that have squeezed the consumer electronics industry. The Quest 3S will jump to $349.99 for the 128GB model and $449.99 for 256GB, while the high-end Quest 3 with 512GB storage will cost $599.99.

description: Meta Platforms said on Thursday it would increase the prices of its virtual reality headsets from April 19 in the United States due to rising costs of memory chips. Its entry-level Quest 3S headset with 128 gigabytes of storage w...

title: Meta Quest 3, Quest 3S See Price Hike Due to RAM Shortage—Here's How Much They Cost Now

description: Meta's Quest 3 series has been affected by the ongoing RAM shortage, which has now led the company to increase prices.

snippets: Meta has announced the latest pricing update to its Quest 3 series as it hikes its selling price, with the company noting that this is a direct effect of the RAM shortage issues present in the industry.

title: Meta Quest 3 and 3S VR headsets are going up in price by up to $100

description: Even virtual reality headsets aren't safe from the hardware price hikes, with Meta today announcing price hikes across its Quest line.

snippets: While Meta Quest refurbished units will be seeing similar price hikes, the company confirmed that all accessories will stay at their current prices. A breakdown of the new prices for regions other than the US can be found in the announcement page over here.

title: The Meta Quest 3 is about to be hit with a major price hike — grab the VR headset before it's too late

description: The price hike will also affect refurbished units selling through Meta's store. It's definitely unfortunate, but the good news is that you still have a few days to grab your Meta Quest headset before it gets hit with the price increase.

title: RAM Crunch Claims Another Victim: Price Hike Coming to Meta Quest VR Headsets

description: New prices take effect on April 19, with Meta Quest 3 and 3S costs increasing by up to $100.

snippets: We're making this change because the cost of building high-performance VR hardware has risen significantly," Meta said in a blog post on Thursday. "The global surge in the price of critical components—specifically memory chips—is impacting almost every category of consumer electronics, including VR.

title: Grab This 512GB Quest 3 VR Headset Today For $499 On Amazon Before Meta Pushes Through With Its Price Hike

description: Meta's Quest 3 VR headset is about to succumb to the inevitable by increasing its prices in a matter of days amid memory-led cost pressures.

snippets: The Meta Quest 3 VR headset's new pancake lenses offer a 25 percent increase in central sharpness over the previous model, making any interaction with physical objects a literal breeze, without having to search for a sweet spot angle. Immersive audio and improved comfort round out the headset's salient features.

title: Meta's Quest Price Hikes Just Put VR in a Worse Spot

description: The Quest 3S and 3 are getting more expensive, and memory prices are to blame.

snippets: Meta's Quest 3 VR headsets aren't the most high-performance on the market, but if there's one thing they have going for them, it's the cost-to-quality ratio—a ratio that just got a little bit worse. Meta just announced in an official blog post that prices are rising across its Quest 3 lineup. The hikes are as follows:


title: EasyJet Warns of Deepening Losses Amid Middle East Conflict and Fuel Costs

description: British budget airline EasyJet forecasts a significant first-half loss driven by escalating fuel prices and reduced bookings due to the Iran war. The conflict in the Middle East has increased jet fuel costs by approximately £25 million in March alone. Additionally, legal bills and ongoing uncertainty are expected to further impact profits, with the airline cautioning travelers about the worsening situation affecting operations and financial performance.

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title: EasyJet warns of bigger first-half loss on surging fuel costs, legal bills

description: easyJet forecasts a first-half pre-tax loss of £540-560M due to rising Middle East fuel costs and legal bills, up from £394M loss last year.

snippets: easyJet warns of a much larger headline pre‑tax loss of £540‑560 million in its first half, hit by surging fuel costs triggered by the Middle East war and elevated legal provisions, compared to a £394 million loss a year earlier.

snippets: The figure stood at £394 million for the equivalent period in 2025/26. "Fuel costs in March were impacted by the escalation of the conflict in the Middle East, leading to approximately £25 million of incremental costs," the airline said in a trading update, adding its performance had been impacted by other factors including competition for customers. EasyJet publishes full first-half earnings on May 21.

snippets: EasyJet has announced that the conflict in the Middle East cost it about £25 million in higher jet fuel prices last month. The Luton-based airline said it expected to report a headline loss before tax of between £540 million and £560 million for the six months to the end of March.

snippets: British budget airline easyJet on Thursday warned of a bigger headline pretax loss for the first half of the year compared with a year earlier, as it grappled with surging fuel prices due to the Middle East war and higher legal provisions.

description: EasyJet expects to report a headline loss before tax of between £540 million ($732 million) and £560 million for the first half of its 2026 financial year.

snippets: EasyJet Expects Up To $759M First-Half Loss Amid Middle East Conflict is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.

title: EasyJet shares drop 9% as it suffers £25m higher fuel bill from Middle East war

description: The Luton-based airline said it expects to report a half-year headline loss before tax of between £540 million and £560 million.

snippets: EasyJet has announced the conflict in the Middle East cost it about £25 million last month in higher jet fuel prices (Gareth Fuller/PA)

title: Easyjet losses widen as airline takes a £25m hit on soaring fuel costs amid Iran war

description: Easyjet expects to make a hefty loss in its first half and said war in the Middle East added £25m to its fuel bill in March.

snippets: Easyjet expects to make a hefty loss in its first half as war in the Middle East added £25million to its fuel bill in March.

title: easyJet issues 'uncertainty' alert as it gives major fuel update

description: The Middle East conflict has already cost the airline millions, it said

title: EasyJet warns of bigger first-half loss, lower bookings as Middle East war upends business

description: British budget airline easyJet warned of a bigger first-half loss due to an Iran war-provoked fuel price surge and...

snippets: British budget airline easyJet warned of a bigger first-half loss due to an Iran war-provoked fuel price surge and higher legal provisions, while forward bookings were also lagging due to the conflict, Reuters reports.

title: EasyJet warns of impact on profits as Iran war hits bookings and fuel prices

description: Budget airline says passengers are leaving it later to book flights owing to economic uncertainty

snippets: It said it expected to report an increased pre-tax loss of £540-£560m for the six months to March, up from £394m in the first half of 2024-25. The carrier typically makes its money in the second half of the year which includes the peak summer period.

title: EasyJet shares fall on wider loss forecast amid Middle East tensions

snippets: In a trading update ahead of its formal half-year results, the British airline said it expects to report a headline loss before tax of between £540 million and £560 million for the six months ended March 31.

title: Lufthansa grounds planes, easyJet bookings lag as Iran war strains show

description: Britain's easyJet said on Thursday its bookings were lagging last year's, while Germany's Lufthansa became the first major carrier to ground planes due to high jet fuel costs as airlines counted the...

snippets: Investors warned easyJet, which said it expects a deeper first-half loss, might need to revise its outlook for the year as a whole amid concerns that uncertainty over jet fuel supplies and the wider impact of the war will prompt other revisions. Wizz Air has already said its annual net profit will take a 50 million euro ($59 million) hit, with Air France-KLM set to report its first-quarter results on April 30, after tacking a fuel surcharge onto its tickets.

snippets: Britain's easyJet (EZJ.L) warned of a bigger first-half loss on Thursday and said bookings were lagging last year's as a result of the Iran war, with some investors concerned the budget airline might need to revise its outlook for the financial year. EasyJet's rival Wizz Air (WIZZ.L) has already said its annual net profit will take a 50 million euro ($59 million) hit, while Lufthansa (LHAG.DE) announced it was withdrawing 27 CityLine aircraft from service due to rising fuel costs.

snippets: Wizz Air WIZZ.L has already said its annual net profit will take a 50 million euro ($59 million) hit, with Air France-KLM AIRF.PA set to report its first-quarter results on April 30, after tacking a fuel surcharge onto its tickets. Dutch carrier KLM, a subsidiary of Air France-KLM, said on Thursday it would cut 160 flights in the coming month due to fuel costs.

title: EasyJet says first-half loss to deepen on Mideast war

title: EasyJet CEO notes slow recovery for travel to Cyprus as demands shifts westwards

description: Britain's easyJet (EZJ.L) warned of a bigger first-half loss on Thursday and said bookings were lagging last year's as a result of the Iran war, with some ...

snippets: Our financial performance worsened year on year, impacted by the conflict in the Middle East and the competitive environment in some markets," group chief executive Kenton Jarvis said in Thursday's statement.

title: Airlines cut flights as Iran war sends jet fuel costs soaring

title: easyJet 'uncertainty' alert as major fuel update given

snippets: British no-frills airline EasyJet on Thursday said it expects to post a deeper first-half loss compared with one year earlier after the Middle East war sent jet fuel prices soaring. EasyJet said it expected a headline loss before tax of between £540 million and £560 million ($733 million and $760 million) for the six months to the end of March. The figure stood at £394 million for the equivalent period in 2025/26.

title: easyJet gives major update on fares and fuel 'uncertainty

description: The airline expects losses of up to £560m for the first half as Middle East conflict drives fuel costs up by £25m

snippets: Oil prices – which have a substantial impact on jet fuel costs – surged in response to Iran's grip on tankers navigating through the Strait of Hormuz. The conflict has created "near-term uncertainty around fuel costs and customer demand", according to easyJet.

title: EasyJet issues UK travellers £560 warning as situation 'worsens

description: EasyJet expects increased losses of up to £560m as Iran conflict drives up fuel costs and passengers delay booking summer holidays from Birmingham amid economic uncertainty

snippets: EasyJet has cautioned that its profits face a significant hit as the conflict in Iran impacts both bookings and fuel costs, with passengers increasingly delaying their flight reservations amid growing economic uncertainty. The budget airline, which operates flights from Newcastle and competes with the likes of Jet2, TUI, Wizz Air, British Airways and Ryanair,


title: Wipro Q4 Profit Slips 1.9% to Rs 3,502 Cr Amid Rs 15,000 Cr Buyback

description: Indian IT giant Wipro reported a 1.9% year-on-year decline in net profit to Rs 3,502 crore for the quarter ended March 31, 2026, despite a 7.7% revenue increase. The company announced a massive Rs 15,000 crore share buyback program to return value to shareholders. Adjusted net income grew 3.7% sequentially, while full-year margins expanded slightly to 17.2%.

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title: India's Wipro announces record buyback after revenue miss

description: Consolidated sales for India's fourth-largest software firm in the three months ended March 31 rose 7.7% to 242.36 billion rupees ($2.60 billion...

snippets: Three of Wipro's five business verticals recorded declines, with the energy segment leading the drop at 5.9%. Its banking vertical, which is the largest and contributes roughly one-third of total revenue, also fell by 0.5%.

description: Wipro Q4 profit slips 1.9 pc to Rs 3,501.8 crore; announces Rs 15,000 crore buyback - Mumbai, April 16 Wipro, a leading global end-to-end IT transformation, consulting and business process services provider, on Thursday ... - Latest News. Find Breaking Headlines, Current and Latest technology news at Lokmattimes.com

snippets: This translates into a sequential growth guidance of -2.0 per cent to 0 per cent in constant currency terms. The company's board also approved a share buyback of up to 60 crore fully paid-up equity shares, representing 5.7 per cent of its total paid-up equity capital, for an aggregate amount not exceeding Rs 15,000 crore at a price of Rs 250 per share, subject to shareholder approval.

snippets: Wipro Q4 Results 2026: IT major Wipro on Thursday reported a 1.9 per cent year-on-year (YoY) fall in its net profit to Rs 3,521 crore for the fourth quarter ended March 2026 (Q4FY26). However, its revenue from operations during January-March 2026 rose 7.7% YoY to Rs 24,236.3 crore, compared with Rs 22,504.2 crore in the year-ago period.

snippets: For the full year FY26, Wipro reported a net profit of Rs 12,130 crore, up from Rs 10,913 crore in FY25, while revenue from operations increased to Rs 71,345 crore from Rs 68,575 crore. The steady annual performance reflects consistent execution despite macroeconomic uncertainties.

description: Wipro reports 1.89% YoY profit dip in Q4 FY26, revenue rises; announces ₹15,000 crore share buyback and AI-focused strategy.

title: Wipro Announces Landmark Rs 15,000 Crore Share Buyback

description: In a significant financial maneuver Wipro the Bengaluru-based IT behemoth has unveiled a Rs 15000 crore share repurchase plan The board excuted this decision offering Rs 250 per share notably a 18 percent premium over the previous closing price

snippets: IT giant Wipro has announced a Rs 15,000 crore share buyback program, aiming to repurchase approximately 5% of its equity. The buyback offers a premium price per share, reflecting Wipro's commitment to returning value to its shareholders. The financial strategy aligns with Wipro's robust fiscal performance in FY26.

snippets: Wipro Buyback Price 2026: IT services major, Wipro, along with the earnings for the fourth quarter ended March 31, 2026, approved a share buyback worth Rs 15,000 crore today, April 16. This is the largest share buyback so far, even as the IT company's offer remains smaller than recent repurchases by peers Infosys and TCS, news agency PTI reported.

snippets: Wipro Chief Financial Officer Aparna Iyer, in an earnings call, said that the buyback is expected to be completed in Q1 2027, subject to shareholder approval. Separately, the Cyient board is scheduled to meet on April 23 to consider a share buyback proposal. PTI SP SP BAL BAL

title: Wipro Announces Rs 15,000 Crore Share Buyback At Rs 250 Per Share

description: (MENAFN - AsiaNet News) IT company, Wipro Limited, on Thursday announced a share buyback worth Rs 15,000 crore at a price of Rs 250 per

snippets: The buyback is aimed at enhancing shareholder value and reflects the company's confidence in its financial position and future outlook. The proposal will now be placed before shareholders for approval through a postal ballot process.

description: Wipro board approves Rs 15,000 crore share buyback, its largest ever, at Rs 250 per share. Details on the buyback plan and shareholder approval.

description: Mumbai, April 16 (IANS) Wipro, a leading global end-to-end IT transformation, consulting and business process services provider, on Thursday reported a 1.89 per cent year-on-year (YoY) decline in its

title: Wipro Approves ₹15,000 Crore Buyback Of 60 Crore Shares At ₹250 Price In FY26

description: Wipro Limited has approved a share buyback of up to 60,00,00,000 equity shares at Rs 250 per share, aggregating to Rs 15,000 crore. The decision, cleared by the board on April 16, 2026, represents 5.7 percent of total equity and is subject to shareholder approval.

title: Wipro Q4 Profit Slips 1.9 Pc To Rs 3,501.8 Crore; Announces Rs 15,000 Crore Buyback

snippets: Wipro, a leading global end-to-end IT transformation, consulting and business process services provider, on Thursday reported a 1.89 per cent year-on-year (YoY) decline in its consolidated profit after tax to Rs 3,501.8 crore for the fourth quarter of FY26, compared to Rs 3,569.6 crore in the same period previous financial year (Q4 FY25).

title: Wipro announces Rs 15,000 crore buyback at Rs 250 per share, board approves proposal

description: IT company, Wipro Limited on Thursday announced a share buyback worth Rs 15,000 crore at a price of Rs 250 per equity share, with the proposal approved by its Board of Directors, subject to shareholder approval.

snippets: IT company, Wipro Limited on Thursday announced a share buyback worth Rs 15,000 crore at a price of Rs 250 per equity share, with the proposal approved by its Board...

snippets: We have continued to invest in our clients, capabilities and people and maintained our margins in narrow band. Our cash conversion continues to remain strong with operating cash flows at 112.6 per cent of net income for FY'26," she said. "Additionally, in our recently concluded board meeting, the Board of Directors announced buyback of Rs 15,000 crore at a price of Rs 250, subject to shareholder approval," she said.

description: Mumbai (Maharashtra) [India], April 16 (ANI): IT company, Wipro Limited, on Thursday announced a share buyback worth Rs 15,000 crore at a price of Rs 250 per equity share, with the proposal approve…

description: Wipro's Board of Directors has approved a substantial share buyback program worth Rs 15,000 crore. The buyback will be executed at Rs 250 per equity share, which is a notable premium over the current market price. The company plans to repurchase up to 60 crore shares, representing 5.7% of its total equity, with a portion reserved for retail investors. The move is aimed at enhancing shareholder value and reflects confidence in the firm's strong financial performance and cash generation.

snippets: Wipro's board approves a Rs 15,000 crore share buyback at Rs 250 per share, a significant premium, to enhance shareholder value.

title: Wipro announces Rs 15,000 crore share buyback at Rs 250 per share

description: Wipro's board approved a Rs 15,000 crore share buyback at Rs 250 per share, a premium on its closing price. The IT firm plans to repurchase up to 60 crore shares, or 5.7% of its equity, via a tender offer, with 9 crore shares reserved for retail investors.

snippets: Wipro announced a share buyback worth Rs 15,000 crore at Rs 250 per share. The IT major will repurchase up to 60 crore shares via a tender offer, representing 5.7% of its equity capital, subject to shareholder approval.

title: Wipro Q4 profit slips 1.9% to Rs 3,501.8 crore; announces Rs 15,000 crore buyback

description: Wipro Q4 profit declines 1.9% year-on-year but rises sequentially. Company announces Rs 15,000 crore share buyback. Read full earnings report and guidance.

snippets: constant currency earnings per share IT services Q4 results revenue growth share buyback Wipro Wipro Q4 net profit

title: India's Wipro unveils record buyback after slight quarterly revenue miss

description: BENGALURU, April 16 : India's Wipro announced a record share buyback of up to 150 billion rupees ($1.61 billion) on Thursday after reporting a slight quarterly revenue miss, as clients held back tech spending in energy and banking sectors while business from key customer Estee Lauder slowed. Consolidated sales for India's fourth-largest software firm in the…

snippets: The buyback price of Rs 250 per share is significantly higher than the company's closing price of Rs 210.26 on Thursday, offering a premium to shareholders. The record date for determining shareholder eligibility for the buyback is yet to be announced.

description: India's Wipro announced a record share buyback of up to 150 billion rupees ($1.61 billion) on Thursday after reporting a slight quarterly revenue miss, as clients held back tech spending in energy and banking sectors w...


title: Allbirds Rebrands as NewBird AI, Stock Surges 600% on GPU Pivot

description: Struggling US footwear maker Allbirds pivots to AI infrastructure, rebranding as NewBird AI to offer GPU-as-a-Service. The company sold its shoe business for $39 million and secured $50 million in financing. Investors drove stock prices up over 600% as the firm shifts focus to leasing compute infrastructure under long-term agreements.

sentiment: positive

time_horizon: days

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title: Allbirds rebrands as NewBird AI, stock jumps 400 percent

description: Allbirds rebrands as NewBird AI, shifting from footwear to AI compute infrastructure. Stock surged over 400% following the announcement.

snippets: US sustainable footwear company Allbirds has announced a radical shift in corporate strategy, transitioning from a fashion retailer to an artificial intelligence (AI) compute infrastructure provider. The San Francisco-based firm, which recently divested its brand assets, intends to rename itself NewBird AI as part of a pivot toward the technology sector.

snippets: Allbirds, once valued at $4 billion in the apparel market, is undergoing a significant transformation by rebranding itself as NewBird AI, a company specializing in GPU-as-a-Service. This pivot reflects a strategic move to capitalize on the booming demand for AI computing resources. With this shift, Allbirds aims to reposition itself in a competitive tech landscape, marking a departure from its original business model.

snippets: In perhaps the biggest example of the AI boom, a struggling US shoe company saw its stock surge nearly 600 per cent in a single day after a bizarre pivot to AI data centres. Allbirds, an apparel and footwear brand, said it would execute a $50 million convertible financing agreement with an institutional investor and plans to use the proceeds to fund the acquisition of high-end graphics processing units (GPUs).

title: Allbirds rebrands as NewBird AI, shifting focus to GPU-as-a-Service

description: Allbirds, once valued at $4 billion in the apparel market, is undergoing a significant transformation by rebranding itself as NewBird AI, a company specializing in GPU-as-a-Service. This pivot reflects a strategic move to capitalize on the booming demand for AI computing resources. With this shift, Allbirds aims to reposition itself in a competitive tech landscape,…

snippets: The 800%+ stock surge reflects a well-documented phenomenon in current markets: investors will price almost any company as an AI company if it successfully rebrands. The pattern has repeated across sectors — biotech, energy, retail — with variable results. Allbirds has a listed shell, some cash, and a management team with no obvious AI infrastructure expertise. What it now has is a ticker and a story.

title: Allbirds Becomes NewBird AI in Sneaker-to-GPU Pivot

description: Allbirds, the B Corp founded to "reverse climate change," is renaming to "NewBird AI" and pivoting from wool shoes to GPU cloud. Stock popped 600%.

snippets: Allbirds Is Going Out of Business. They Just Don't Know It Yet. Allbirds, the eco-conscious wool sneaker brand your yoga instructor wore in 2019 (and this writer wears to this day) has officially decided humans don't deserve nice shoes anymore. What's next, Nike starts selling GLP-1s? Side note: is that why Tim Cook keeps buying Nike stock ? In a press release that reads like a hostage note,

title: Allbirds (BIRD) Stock Rockets 582% on Shocking AI Pivot Announcement

description: Allbirds (BIRD) stock jumped 582% after revealing plans to exit footwear and pivot to AI compute infrastructure, before dropping 25% in extended trading.

snippets: The company's market capitalization ballooned from approximately $10 million to roughly $140 million on the announcement. Carden attributed the surge to limited share availability, speculative momentum trading, and enthusiasm rather than underlying business fundamentals.

title: Allbirds Surges 582% Then Drops 31% After AI Rebrand Pivot

description: Stock swings sharply as NewBird AI shift drives massive volume spike and investor skepticism

snippets: From a fundamental standpoint, the response from market observers leans cautious. Adam Sarhan of 50 Park Investments framed the move as resembling a meme-stock setup, where price action is driven more by sentiment than by a clearly defined AI capability. That view was reinforced by William Blair analyst Dylan Carden, who described the rally as by any measure a Hail Mary, attributing it to a combination of shallow float, automated momentum, and elevated hype.

snippets: Sarhan said the speed of Allbirds's rally suggested investors were reacting more to the letters "AI" than to any concrete business plan: "That the market actually rewarded the stock yesterday when it doesn't seem to have any kind of actual AI edge tells me that froth, specifically AI froth, is picking up." The violent swing capped one of the strangest weeks in Allbirds' history.

snippets: This has the feel of a meme stock, where emotions take over and logic and reason get thrown out the window," said Adam Sarhan, chief executive of 50 Park Investments. "That the market actually rewarded the stock yesterday when it doesn't seem to have any kind of actual AI edge tells me that froth, specifically AI froth, is picking up.

title: Allbirds Stock Skyrockets 582% In A Day On Plan To Pivot From Sneakers To AI

description: Allbirds Inc., once a high-flying wool sneaker brand, has unveiled a dramatic last-minute pivot to artificial intelligence infrastructure

snippets: Allbirds went public in 2021 during a period of ultra-low interest rates and speculative enthusiasm, but its stock has declined every year since. By Tuesday, its market capitalisation had shrunk to around $22 million.

title: Allbirds stock soars 600% on AI pivot announcement, but experts see desperation

description: Allbirds, the eco-friendly shoe brand that was once a Wall Street darling and found its way onto the feet of tech CEOs and movie stars, is pivoting to artificial intelligence

snippets: The latest development marks a dramatic departure from when the company was founded in 2015 by former professional soccer player Tim Brown and renewable resources expert Joey Zwillinger. Its mission: to create footwear from natural material, not synthetics. A year later, Allbirds launched its iconic wool runner shoe. But the company overexpanded, like many dot.com brands that opened physical stores. And many consumers lost interest.

title: Allbirds soars after sneaker firm rebrands as AI stock

description: Allbirds Inc., the once-buzzy maker of wool sneakers valued at more than US$4 billion in its heyday, announced a pivot to AI. Read here now

snippets: And in a stock market that's reacted in knee-jerk fashion to just about anything related to artificial intelligence, it did just that — sending Allbirds shares up 582 per cent by the time the trading day ended Wednesday.

title: Sneaker company Allbirds plans to pivot to AI. Yes, AI.

description: After selling its business for US$39mil (RM154mil) last month, the company said it planned to buy powerful computer chips and rebrand itself NewBird AI.

snippets: After agreeing to sell all its assets last month for less than 1% of its previous US$4bil (RM15.7bil) valuation, the shoe company Allbirds announced Wednesday that it would "pivot its business" to artificial intelligence. The company, once the maker of Silicon Valley's favourite shoe (a Merino wool sneaker symbolised the venture capital boom of the 2010s), went public in 2021.

title: Allbirds stock surges 700% after the footwear brand bets its survival on biodegradable AI hardware

description: Allbirds has announced Project Wool.ai, a pivot from sustainable footwear to biodegradable AI server hardware, sending shares up 700% in a single session

snippets: The pivot arrives at a moment of genuine distress for Allbirds as a retail business. The company had been wrestling with inventory bloat, softening demand for casual footwear, and a stock price that had drifted dangerously close to Nasdaq delisting thresholds. Closing at $0.42 the day before the announcement, it was a brand in decline looking for a lifeline.

title: Shoe company Allbirds pivots to AI infrastructure, stock surges over 500% – Tech Newsday

description: It said the infrastructure would be leased to customers under long-term agreements, targeting demand that "spot markets and hyperscalers are unable to reliably service." The pivot follows a rapid unwind of Allbirds' original business. The company, once valued at more than $4 billion after its 2021 public listing, agreed last month to sell its intellectual property and other assets for $39 million to American Exchange Group, which will continue to operate the Allbirds brand in the accessories and retail space.

title: Shoe brand Allbirds announces hard pivot from footwear into AI

description: On Wednesday, Allbirds, Inc. announced it is leaving shoes behind for "AI compute infrastructure.

snippets: The announcement comes after Allbirds agreed to sell its brand and footwear assets to American Exchange Group, which owns brands like Born Concept, Ed Hardy, Mudd and NatureWell, in March. The brand shared in January that it was closing all of its full-price stores in the U.S. by the end of February, dedicating its efforts to online sales.

snippets: Wei Kan, branding consultant at Conduit Asia, likened the deal to a liquidation rather than a pivot, arguing that the business is effectively using its listed shell to move into an entirely unrelated category.

snippets: The Allbirds brand itself will not disappear entirely. Fashion conglomerate American Exchange Group, home to labels such as Ecko Unltd and Aerosoles, agreed in March to acquire it for $39m (c. £29m). Chief executive Joe Vernachio said the arrangement would allow the maker of the beloved Wool Runner trainer to "thrive in the years ahead".

title: Allbirds Exits Footwear, Pivots to AI Cloud Business as 'NewBird AI

description: Allbirds sells its footwear brand and pivots to AI cloud services as NewBird AI, sending shares soaring despite no prior experience in GPU infrastructure.

snippets: When a struggling sneaker brand can grow its market cap 7x simply by uttering "GPU-as-a-Service," it tells you the entire economy is now pricing assets on AI exposure, not fundamentals. The same week, VCs are flooding Anthropic with $800B offers and OpenAI's own backers are questioning its $852 billion valuation.

title: Allbirds ditches shoes to pivot to AI infrastructure; shares surge more than 700 percent

description: U.S. footwear maker Allbirds surged more than 700 percent in a single day after news it will exit shoes and pivot to an AI infrastructure business. It plans to rename itself NewBird AI and lease high-performance GPU resources to developers and corporate clients. The company previously sold its shoe brand for $39 million and has a roughly $50 million convertible-bond financing facility. Critics note it lacks operating experience in hardware, data centres or cloud services.

snippets: In the end, assessments say whether the surge fades as a temporary theme or leads to a real business transformation will depend, after shareholder approval, on securing GPUs and winning customers. Demand for AI computing is expanding, but it is still uncertain how competitive NewBird AI can become against large cloud companies investing billions of dollars.

title: Struggling footwear retailer Allbirds makes surreal pivot into AI tech

description: <div class="at-above-post addthis_tool" data-url=" shares rocketed on Wednesday after the struggling footwear brand unveiled plans to pivot into artificial intelligence and rebrand as NewBird AI. The San Francisco-based company said it had struck a $50m (£37m) deal to become an "AI compute infrastructure"business,

title: Allbirds shares sink as 582% AI surge comes to screeching halt

description: Allbirds Inc.'s surprising pivot from wool sneakers to artificial intelligence infrastructure is looking more like a flash in the pan for the stock than a driver of long-term gains.

title: From wool sneakers to GPUs: Allbirds' desperate AI pivot and 600% stock surge, explained

description: Phil Wahba 2026-04-15 16:22:00 fortune.com Many companies, from Walmart to United Airlines, have been heavily touting their use of artificial intelligence to…

snippets: Allbirds, maker of the once wildly popular wool sneakers favored by the Silicon Valley cognoscenti, announced recently that it was selling itself to a brand management company, American Exchange Group, for $39 million, about 1% of its 2021 peak market capitalization. It gave no indication at the time, however, that such a dramatic pivot was in the works.

title: Retail traders pile into Allbirds after odd AI pivot. History shows it won't end well

description: Sign on facade at shoe company Allbirds, Walnut Creek, California, August 25, 2025. Smith Collection | Archive Photos | Getty ImagesRetail traders stampeded into Allbirds after the troubled shoemaker slapped an artificial intelligence label on its business, a set-up that market history suggests rarely ends well once the initial hype fades.Shares of the company skyrocketed more than 800% at…

snippets: Retail investors were quick to embrace the new narrative, data from Vanda Research showed. Net purchases hit a record $5.2 million in a single day, surpassing even demand seen during the company's 2021 IPO.

snippets: Retail traders stampeded into Allbirds after the troubled shoemaker slapped an artificial intelligence label on its business, a set-up that market history suggests rarely ends well once the initial hype fades. Shares of the company skyrocketed as much as 582% on Wednesday after the firm detailed shocking plans to rebrand as NewBird AI and shift toward compute infrastructure. The surge added more than $100 million to its market value, which had been just $21 million a day earlier.

snippets: Allbirds BIRD is starting to look like a case study in how quickly AI-driven enthusiasm can both inflate and unwind. The company's plan to pivot from wool footwear into artificial intelligence infrastructure under a NewBird AI rebrand initially triggered a surge of more than 582%, accompanied by an extraordinary spike in trading volume to nearly 300 million shares versus a typical daily average just above 20 million. But the follow-through didn't hold.

description: This surge of speculative buying reflects a broader return of animal spirits among small traders.

snippets: William Blair analyst Dylan Carden called Wednesday's surge "by any measure a Hail Mary" for a stock that has lost about 96% of its value since it went public in 2021. He dismissed the spike to "some combination of a very shallow float, automated momentum, and unchecked hype." Carden dropped his coverage, seeing "limited utility" in continuing to follow the stock.

title: Allbirds Sells Shoe Business for $39M Then Pivots to Become an AI Compute Provider — Stock Jumps 800%

description: In one of the most dramatic corporate pivots of 2026, Allbirds — the eco-friendly shoe brand whose valuation collapsed from $4B to near zero — sold its footwear business for $39M and announced a rebrand as an AI infrastructure provider, sending its stock up more than 800%.

description: Allbirds NASDAQ:BIRD is starting to look like a case study in how quickly AI-driven enthusiasm can both inflate and unwind. The company's plan to pivot from wool footwear into artificial intelligence infrastructure under a NewBird AI rebrand initially triggered a surge of more than 582%, accompanie…

title: Struggling footwear brand Allbirds pivots from selling shoes to AI, stock jumps over 700 per cent

description: US sneaker maker Allbirds has announced that it is entering the world of AI compute infrastructure As part of the pivot the company is rebranding as NewBird AI with $50 million in new funding Following Allbirds039 announcement its stock saw a rise of over 700 per cent

snippets: US sneaker maker Allbirds has announced that it is entering the world of AI compute infrastructure. As part of the pivot, the company is rebranding as NewBird AI with $50 million in new funding. Following Allbirds' announcement, its stock saw a rise of over 700 per cent.

title: Allbirds Jumps 580% On AI Pivot

description: Allbirds is shifting from footwear to AI infrastructure, sending its stock up 580% as investors bet on future tech growth over current fundamentals.

snippets: The company's market capitalization jumped from about $21 million to roughly $148 million after shares surged over 580%, rising from under $3 to around $17. Such rapid gains reflect strong investor appetite for AI-linked businesses, even among struggling firms.

title: Shares in Allbirds shares soar on AI pivot

description: SAN FRANCISCO -Troubled footwear brand Allbirds is abandoning shoes for AI infrastructure in one of the most abrupt pivots ever seen in consumer markets. The business is rebranding as NewBird AI, a move which has triggered a huge rally in its stock.

title: Shoes to AI: What's going on with Allbirds

description: American Exchange Group entered an agreement to buy all the assets and liabilities of footwear maker Allbirds for $39 million.

snippets: On Wednesday, the San Francisco-based company Allbirds said it had signed a definitive agreement with an institutional investor for $50 million in financing to shift its business to AI infrastructure. It will also have a new name: NewBird AI. It plans to use the proceeds to purchase graphics processing units, known as GPUs. The transaction is expected to close during the second quarter of this year.

title: How Allbirds Transformed Its Business Model From Sneakers To AI Compute

description: Allbirds pivots from footwear to AI infrastructure, focusing on GPU-as-a-Service to meet the growing demand for AI hardware in a high-tech future.

snippets: To finance this transformation, Allbirds secured $50 million from an institutional investor. The capital will be used to acquire high-performance graphics processing units (GPUs), addressing the current shortage in the AI sector. This news sent Wall Street into a frenzy, with Allbirds' stock price jumping 876%, showing the market's enthusiasm for the company's new direction.

title: Allbirds leaves footwear behind and pivots to AI computing

description: Struggling footwear brand Allbirds, known for its distinctive "Wool Runner" sneakers, has announced that instead of closing down, it is pivoting to become Struggling footwear brand Allbirds, known for its distinctive 'wool runner' sneakers, has announced that the company pivoting away from the fashion industry altogether and is pivoting to become an AI computing business.

snippets: Allbirds explains that its somewhat strange reinvention is a response to the rise of AI development and adoption in the global market. With enterprise spending on AI services increasing, it says that it sees a gap in the market for specialised, high-performance computing services, especially as demand for data storage and processing outstrips current supply.

title: Allbirds drops sneakers, reinvents itself as an AI infrastructure company

description: Allbirds plans to rebrand as NewBird AI and acquire GPUs to provide AI compute infrastructure after selling its footwear brand for $39 million to American Exchange Group.

snippets: Over the long term, NewBird AI wants to provide GPUs as a service as well as AI-powered cloud solutions to its customers, including through the growth of its neocloud platform, while also evaluating strategic opportunities for mergers and acquisitions.


title: US Mortgage Rates Drop to 6.3% Amid Iran Ceasefire

description: US long-term mortgage rates fell to 6.3% on April 16, 2026, marking the second weekly decline. This drop correlates with easing market tensions following a persistent Iran ceasefire. While 30-year fixed rates hovered near 6.38%, economists warn that future rate stability depends on the durability of the Middle East peace agreement and sustained Treasury yield relief.

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event: Share Price Hit 52 Week Low

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title: Mortgage Interest Rates Today: Rates Drop to 6.30% as Iran Ceasefire Persists

description: The average rate on 30-year fixed home loans eased to 6.TK% for the week ending April 16 as U.S.-Iran ceasefire continues.

snippets: However, Realtor.com® senior economist Anthony Smith cautions that the durability of any rate decline hinges on whether the ceasefire in the Middle East persists and evolves into a more lasting resolution.

snippets: So, be sure to ask about your mortgage point options when researching your options, as the advantage secured by tacking them on could be the difference between refinancing now or waiting for a better rate in the future.The bottom lineThe average mortgage rate for a 30-year mortgage is 6.12% and it is 5.50% for a 15-year option as of April 16, 2026. The median refinance rate for a 30-year term, meanwhile, is now 6.61% and it is 5.72% for a 15-year alternative.

snippets: Average US long-term mortgage rate eases to 6.3%, its second weekly drop The average long-term U.S. mortgage rate declined again this week, easing borrowing costs for prospective homebuyers during what is typically the housing market's busiest time of the year. The benchmark 30-year fixed rate mortgage rate dropped to 6.3% from 6.37% last week, mortgage buyer Freddie Mac said Thursday. One year ago, the rate averaged 6.83%. […]

title: Mortgage Rates Today, April 16, 2026: 30-Year Rates Remain 6.38%

description: Get the latest mortgage rates, including current 30-year and 15-year fixed rates, and insights into market trends.

snippets: Rates have recently somewhat eased, but they're still above their February lows, when 30-year rates dipped below 6%. With the and inflation rising, it's unclear when mortgage rates will drop again.

snippets: Mortgage rates were averaging just 5.75% for 30-year terms as recently as March 2. But they increased significantly in the weeks that followed, driven in part by a series of uneven economic reports and heightened geopolitical tensions and overseas conflicts. At the same time, rates here have steadied a bit in the opening half of April, potentially giving borrowers a chance to lock in a rate before they rise again.And rates could increase this month,

snippets: It's always good to know why things are happening, especially when it comes to something as big as a mortgage. Recently, we saw mortgage rates jump up. A big reason for that was an increase in oil prices, pushing them close to $100 a barrel. This understandably sparked worries about inflation, which, in turn, tends to bump up interest rates, particularly the yields on government bonds like the 10-year Treasury.

title: Rates Drop Again but Economists Say Momentum Depends on Ceasefire

description: Economists continue to be cautious about the direction of mortgage rates, saying the spring market outlook remains unclear and further decreases could depend on weather the ceasefire in the Middle East remains intact. The average mortgage rate ticked down 7 basis points to 6.30%, down from 6.37% last week,

snippets: Freddie Mac provided some historic perspective, noting this week's average 30-year-fixed rate is much lower than last year. " Mortgage rates declined this week to a four-week low of 6.30%," said Sam Khater, Freddie Mac's chief economist. "Compared to one year ago when rates were at 6.83%, this is a meaningful improvement for homebuyers during what is typically the busy spring homebuying season.

title: What are today's mortgage interest rates: April 16, 2026?

description: Want to buy a home? Looking to refinance your current one? Here are the mortgage interest rates to know right now.

title: Mortgage Rates Today: 30-Year Holds at 6.3% as War Fears Ease

description: Mortgage rates are holding steady as of April 16, 2026, with the 30-year fixed rate hovering around 6.32% and showing only a slight daily increase. After

snippets: That relationship has become more pronounced in recent weeks. Geopolitical tensions, especially in the Middle East, have created a push-and-pull effect. Headlines about conflict tend to drive rates higher, while news of easing tensions pulls them back down.

title: Today's Mortgage Rates, April 16: Rates Hold Steady Around 6% After Volatility

description: Today's mortgage rates: On April 16, 2026, the 30-year fixed mortgage rate rose to 6.08%, while the 15-year fixed climbed to 5.58%.

title: Mortgage rates fall as Iran ceasefire eases market tensions

description: Mortgage rates fell this week, mortgage buyer Freddie Mac said Thursday.

snippets: The 10-year Treasury yield has eased from last week, and this relief has carried through to mortgage rates," said Realtor.com senior economist Anthony Smith. "However, the durability of this rate decline hinges on whether the ceasefire holds and evolves into a more lasting resolution. Until there is greater clarity on the geopolitical front, mortgage rate volatility is likely to remain elevated, and any improvement could prove temporary.

snippets: And rates could increase this month, especially considering that there's still a Federal Reserve meeting on the calendar for later in April. While a rate cut in that meeting appears unlikely, comments made post-meeting by Fed officials have the potential to cause rates to tick up yet again. Some lenders may even get ahead of that by raising rates in advance. To better determine if a mortgage rate lock makes sense in this setting, it helps to first know where mortgage rates stand right now, as of April 16, 2026.

snippets: The average mortgage rate for a 30-year mortgage is 6.12%, and it is 5.50% for a 15-year option as of April 16, 2026. The median refinance rate for a 30-year term, meanwhile, is now 6.61%, and it is 5.72% for a 15-year alternative. If these are higher than your budget can allow, but only marginally so, don't get discouraged. By shopping around for lenders, both online and in-person, you may still be able to find a rate low enough to support taking action.

title: Mortgage Rates Fall To 4-Week Low

description: (RTTNews) - Mortgage rates, or interest rates on home loans, continued to decline, falling to a four-week low, according to mortgage provider Freddie Mac. |

snippets: (RTTNews) - Mortgage rates, or interest rates on home loans, continued to decline, falling to a four-week low, according to mortgage provider Freddie Mac. The 30-year FRM averaged 6.30% as of April 16, 2026, down from last week when it averaged 6.37%. A year ago at this time, the 30-year FRM averaged 6.83%. The 15-year FRM averaged 5.65%, down from last week when it averaged 5.74%. A year ago at this time, the 15-year FRM averaged 6.03%.

snippets: Second, lenders typically extend lower rates to people with higher credit scores, lower debt-to-income (DTI) ratios, and considerable down payments. If you can save more or pay down debt before securing a mortgage, a lender will probably give you a better interest rate.

snippets: A 30-year mortgage is popular because it has relatively low monthly payments. But it comes with a higher interest rate than shorter terms, and because you're accumulating interest for three decades, you'll pay a lot of interest in the long run.

title: Mortgage Rates Fall To 4-Week Low

description: (RTTNews) - Mortgage rates, or interest rates on home loans, continued to decline, falling to a four-week low, according to mortgage provider Fred...

title: Mortgage Rates Dip for Second Week

description: Rates on 30-year mortgages dropped to 6.3% from 6.37% last week, and 15-year rates also eased, from 5.65% from 5.74% last week, Freddie Mac said.

snippets: Meanwhile, borrowing costs on 15-year fixed-rate mortgages, popular with homeowners refinancing their home loans, also eased this week. That average rate dropped to 5.65% from 5.74% last week. A year ago, it was at 6.03%, Freddie Mac said.

description: The average long-term U.S. mortgage rate declined again this week, easing borrowing costs for prospective homebuyers during what is typically the housing market's busiest time of the year. The benchmark 30-year fixed rate mortgage rate dropped to 6.3% from 6.37% last week, mortgage buyer Freddie […]

title: 30-Year Fixed Refinance Mortgage Rates Reach 6.30 Percent

description: Average 30-year fixed refinance mortgage rates stand at 6.30 percent as of April 16, 2026, according to recent data from real estate marketplace Zillow.

snippets: Average interest rates for a 30-year fixed-rate refinance mortgage reached 6.30 percent on Thursday, April 16, 2026. The latest figures provide a benchmark for homeowners seeking to adjust their monthly payments or access home equity through new loan terms.

snippets: The war has ratcheted up worries over higher inflation and the trajectory of the economy at a time when consumers are feeling less confident about the job market. That, plus the spike in mortgage rates much of the last seven weeks, has dampened the start of the spring homebuying season.

title: Mortgage rates fall to 4-week low as war worries fade: Mortgage and refinance interest rates today

description: The average 30-year fixed-rate mortgage fell seven basis points to 6.30% for the week ending Wednesday, according to Freddie Mac.

title: Mortgage Rates Fall To 4-Week Low

title: Mortgage rates today, April 16, 2026

description: Compare average mortgage rates on different types of home loans so you can pick the best mortgage for your needs as you house shop.

snippets: We ran the numbers through the mortgage calculator provided by the federal government's Office of Financial Readiness. At the current rate of 6.255%, on a 30-year mortgage where you borrow $300,000, you'd pay roughly $365,323.98 in interest over the life of the loan.

title: Average US Long-Term Mortgage Rate Eases to 6.3%, Its Second Weekly Drop

title: Average U.S. long-term mortgage rate eases to 6.3%, its second weekly drop

title: Mortgage Rates Fall To 4-Week Low

snippets: Mortgage rates declined this week to a four-week low of 6.30%," said Sam Khater, Freddie Mac's Chief Economist. "Compared to one year ago when rates were at 6.83%, this is a meaningful improvement for homebuyers during what is typically the busy spring homebuying season.

title: Mortgage rates hit 4-week low on Iran conflict news

description: This week's Freddie Mac mortgage rate survey shows rates at the lowest in four weeks, but homebuyers are giving mixed signals even with improved purchase power.

snippets: Brad Finkelstein is the originations editor of National Mortgage News. While he covers the entire process, Brad's specialty is loan production and... Read full bio