DRIV News and Press, Global X Autonomous & Electric Vehicles ETF From 08/27/22

Summary We might have had areas that were a bit of a bubble, like in the SPAC space or meme stocks, but that doesn’t mean the whole market is. Metaverse is going to be much more like augmented reality, and we will use it in different ways that we had not considered. It&...

Summary Equities rebounded in recent weeks as investors considered the prospects of a possible pivot by major central banks, especially after China’s central bank unexpectedly cut interest rates. Similar to Europe, core inflation and services inflation are expected to rise ...

In early June, C3.ai provided weaker-than-expected FY23 guidance, which may ultimately prove to be conservative. The company reports FQ1 results at the end of the month, which likely results in a beat and raise quarter. However, their underlying profitability largely results from ...

On 12 August 2022, the House passed the landmark Inflation Reduction Act, a reconciliation package that represents the United States government’s largest-ever investment in combatting climate change. We expect significant growth opportunities to emerge across a wide range of cl...

A climate mitigation policy mix of carbon taxes, green subsidies, and infrastructure investment could reduce global balances by a quarter by 2027. Global interest rates are also likely to fall in the longer term because of the decline in investment in fossil fuels, following an initia...

Consumer appetite for EVs is high. A recent survey revealed that 7 out of 10 U.S. drivers would be interested in buying when EV charging infrastructure expand and EV costs drop. It’s likely that the push into EVs would have pressured production in certain areas. As the firs...

The Russian war in Ukraine has had a massive impact on the European energy market, a result of which is runaway inflation across the continent. Nigeria’s substantial resource wealth and geographic proximity to Europe make it a very attractive partner for meeting the continent&#...

The Senate has passed the Inflation Reduction Act; amid its multifaceted, approximately $370b of energy-related spending, both the clean energy theme and the electric vehicle theme are key components of the bill and the primary focuses of this commentary. If the bill becomes law, the ...

The global autonomous vehicle market is expected to reach US$327b by 2030, representing a revised 2020-2030 CAGR of 22.6%. Statista quotes a faster adoption with US$396b by 2025. An update on the leading global autonomous vehicle companies with a focus on commercial advancements. Seve...

Elevated inflation, slowing global economic growth expectations, and reduced central bank liquidity remain the key economic considerations. The policy interest rate divergence between the U.S. and Europe is likely to increase amid heightened recession risk in Europe. We expect mar...