DRIV News and Press, Global X Autonomous & Electric Vehicles ETF From 10/22/22

Summary Every day that the Nord Stream pipeline doesn’t run as expected deepens an energy standoff between Russia and the EU. The EU in May ratified a huge policy initiative to accelerate its clean energy transition and increase Europe’s energy independence from Russ...

Summary Resource equities continued to exhibit remarkable resiliency during the quarter, with the S&P Global Natural Resources Index outpacing global equities and global bonds over the 3-month period. Macroeconomic themes mostly continued to dominate all resource equity-relate...

Summary Energy infrastructure companies continue to make strides with clean energy initiatives – announcing new partnerships, projects, and acquisitions. From renewable fuels to carbon capture to hydrogen, the provisions in the Inflation Reduction Act support clean energy i...

The electric vehicles sector got jolts of positive news on Monday and broke higher along with the rest of the stock market. Canoo ( GOEV ) soared 15.12% after update on a new vehicle order. Proterra ( PTRA ) gained 7.27% after BTIG issued a strong bull call...

Summary The biggest challenge for OEMs rolling out new battery electric vehicles (BEVs) is rising input costs, which are affecting cost parity with traditionally powered vehicles. S&P Global Mobility does not expect the pricing pressures to have much impact on vehicle sales at...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips These cheap electric vehicle (EV) stocks are wildly oversold. However, that may not be the case for much longer. Remember, global leaders are demanding millions of EVs on the roads in an effort to reduce emissions. Presid...

Summary Investors have a lot to digest these days trying to navigate recession fears, interest rate hikes, inflation, consumer strength, and corporate earnings. Conflicting reports on the health of the economy have markets unsure whether to focus more on the Fed’s hawkishne...

Summary Climate Week NYC 2022 recently convened climate leaders across government, business, civil society, and science under the theme of “Getting It Done”. The event, now in its 14th year, covered a wide swathe of topics, including energy, nature, transport, enviro...

Summary One of the key points I’ve been discussing for the past two years is that the commodity markets are facing a unique set of policy-driven imbalances. When it comes to shortages across the fossil fuel space, the multi-year low in oil inventories has been only temporar...

Summary The growing global commitment to the transformation of the economy to Net-Zero Emissions by 2050 is intensifying demand for critical minerals. A supply-demand gap is likely to open up, leaving businesses and governments scrambling to close it to achieve climate goals. ...