Hindenburg Research Company released a short report on Block, an American payment company, on Thursday, which caused the company's share price to plummet by nearly 15%, and once fell by more than 20% in intraday trading.However, this did not affect Cathy Wood's view of Block. Her Ark Investment Management Company bought more than 338,000 Block shares that day, which was worth $20.9 million at the closing price.Wood's three funds-Ark Innovation ETF, next Generation Internet ETF and Financial Technology Innovation ETF-made purchases. Block shares rank among the top five in the weight of these three funds.Wood's fund also sold more than 139,000 shares of Tesla (192.22, 1.07, 0.56%) on Thursday, worth more than $26.8 million. The sale sparked curiosity because the Ark Fund had been buying Tesl

$General Motors(GM)$It is planned to develop a virtual assistant based on ChatGPT for future electric vehicles. Scott Miller, vice president of software-defined vehicles and operating systems at GM, confirmed that GM is using the AI model behind the popular ChatGPT chat robot to develop a virtual personal assistant.

More than a year ago, everyone was still discussing whether the extended program technology is a backward technology. This proposition was first put forward by Li Ruifeng, CEO of Wei Brand under Great Wall at that time, and Huawei Yu Chengdong was fighting with it from a distance. But with the ideal$Li Auto(LI)$$LI AUTO-W(02015)$Huawei's extended range models are selling well, and more and more automobile enterprises choose this technical route to implement them, and the view of "extended range lags behind" is not broken.Today, in 2023, who is right and who is wrong seems to be no longer important. Here we have to answer several questions:Why is the extension program considered to be backward in the previous his

Is pure tram the ultimate form of new energy vehicles?Recently, I worked as a transportation consultant for the government here in the Middle East, and found that most GCC countries are laying out the transformation of transportation electrification and hydrogen energy at the same time, which is quite interesting.Saudi Arabia, for example, aims to become the world's largest exporter of hydrogen energy. Saudi Arabia is now a very important oil exporter in the world. If they integrate hydrogen economy into the oil industry, it is really reasonable. Because Saudi Arabia originally exported oil, it changed to export hydrogen energy in the future, which can well maintain the current economic and political rights structure. But imagine, if the traffic in the future is pure trams powered by batte

This year, domestic power battery enterprises are facing a sharp change in the situation. From last year, prices soared all the way to this year, because of overcapacity, Ningwang took the lead in reducing prices, and other enterprises made profits for market share, even to the point of fighting for survival. But the situation of foreign enterprises is completely different.According to different data caliber in 2022, we selected ten power battery enterprises to see the future market development, and made some systematic summary of the situation of these enterprises in the past few years. In this inventory series, we start with overseas battery companies that are not particularly controversial.LG: The radical cost reduction strategy on Volkswagen MEB does not have a particularly big return.