DRIV News and Press, Global X Autonomous & Electric Vehicles ETF From 06/16/23

2023-06-16 08:00:00 ET Summary Future mobility ETFs are global, but many have large allocations to U.S. stocks. For future mobility ETFs, auto stocks — which are part of the consumer discretionary sector — are only about 1/5th of the holdings, on average. Out of ...

2023-06-11 09:45:00 ET Summary The Fed’s anti-inflation fight has been helped by the fall in oil and energy pricing. We think most of the benefit of the oil price decline is behind us. Furthermore, the strategic outlook is for higher, not lower, oil prices. Though, we c...

2023-06-07 10:07:23 ET Defiance ETFs announced that they intend to launch a new exchange traded fund aimed at the electric vehicle space, looking to provide a very narrow focus on the sector. The company filed a prospectus with the U.S. Securities and Exchange Commission for the Defianc...

2023-05-31 11:43:40 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips We’re all well aware of the electric vehicle boom. We know about most of the top EV stocks all over the world.  And we know global leaders want millions of them on the roads to ...

2023-05-15 08:00:00 ET Summary China is the most important car market, about as big as the US and Europe combined. It is an essential market for several brands. EVs have a 25% market share of new Chinese sales, and, except Tesla, Western manufacturers play almost no role here. ...

2023-05-03 09:39:18 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips By now, we’re all aware of the electric vehicle (EV) boom.  We know global leaders are racing to put millions of them on the roads by 2030 to battle climate issues, and global sales...

2023-05-02 06:05:00 ET Summary Slowing consumer spending was cited as the primary reason for decelerating GDP growth in Q1, but the most depressing component was that gross private domestic investment fell 12.5%, driven by declines in business equipment and residential housing. Th...

2023-04-26 12:31:00 ET Summary Sustainable investment managers are often scrutinized for their supposed lack of investment in the energy sector. The transmission and distribution of electricity will be key to the coming energy transition. We see our approach to energy opportun...

2023-04-25 08:50:00 ET Summary The G7 nations pledged to accelerate a gradual phase out of fossil fuels and shift to renewable energy. But I do not believe that many G7 countries will meet net-zero carbon dioxide emissions by 2050. While the Fed should at least “pauseȁ...

2023-04-25 06:30:00 ET Summary Despite tougher rules for tax credits, US electric vehicle sales (including plug-in hybrids) are expected to grow to 1.4mn in 2023, accounting for 10% of total light-duty vehicle sales. This puts the US EV market in a better position to achieve the 2...