Stocks making the biggest moves midday: Tesla, Verizon, Paramount, Coinbase and more
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Ark, which prides itself as an investor in disruptive innovation, increased its holdings of two AI plays and also resumed purchases of a Chinese EV stock. read more
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Tesla: Tesla's plan for affordable cars takes page from Detroit rivals
Elon Musk's new plan to use current product lines as the basis for new affordable vehicles - rather than springing for all-new models - follows the playbook of Tesla's old-school Detroit rivals, as some Tesla investors and analysts see it. The shift toward incremental improvement, mirroring a common strategy of Ford and General Motors, suggests the future of car-making that Musk has promised to disrupt may still look a lot like the past. Musk's new strategy followed an exclusive Reuters report...
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Innovate UK Fund Announces Six Organizations Funded by £1M Grant
The Innovate UK Fund has announced six winners to be awarded grant funding from the government totalling £1 million to jumpstart ‘AI in the music industry.’ Competition assessors agreed that AudioStrip would benefit and strengthen the UK music industry by saying “this is well planned, resourced, and researched innovation that can impact the business, market, […]