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‘Peak Euphoria’ Seen as Small Companies Jump on the AI Bandwagon
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‘Peak Euphoria’ Seen as Small Companies Jump on the AI Bandwagon

Bloomberg Tech · May 8, 2026, 11:32 AM

A tiny pharmaceutical company in danger of being delisted from the Nasdaq stock exchange went from celebrating new patents for cancer treatments to re-branding as an AI company in the period of two months. The move rescued its share price in the process, albeit briefly.

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