DRIV News and Press, Global X Autonomous & Electric Vehicles ETF From 07/28/23

2023-07-28 11:00:57 ET Summary Tesla, Inc. stock has formed a rally and could be entering its last wave of an uptrend, but there is a possibility of a bearish scenario. The U.S. technology and consumer cyclical sectors have shown strong leadership in the stock market rally, with a...

2023-07-26 22:26:00 ET Summary Countries and companies are increasingly wary of possible shortages of raw materials going forward and seek to secure supply. Battery metal demand is also evolving as demand shifts between chemistries. Current interdependence is significant and a...

2023-07-26 12:03:00 ET Summary The dynamics of tightening supply and soaring demand for electric vehicle batteries are becoming increasingly fragile. Battery manufacturers are now looking into new technology with advanced chemistry compositions to ensure long-term metals supply, b...

2023-07-26 09:45:00 ET Summary Reaching net zero emissions will require massive amounts of critical raw materials, which are currently used in everything from solar panels to electric vehicles. For EVs, diversifying battery manufacturing and critical raw materials supplies will be...

2023-07-18 09:35:00 ET Summary The Consumer Price Index rose just 0.2% in June - and only 3% in the past 12 months - very close to the Fed’s 2% goal. Producer Price Index provided even better news, as it rose only 0.1% in June, the slowest rate in almost three years. Treasu...

2023-07-11 06:35:00 ET Summary Since there is an outspoken minority of doves on the Fed, I think the July FOMC decision will rest on the June inflation reports, especially the Consumer Price Index (CPI). As CPI surged 1.2% in June 2022, I am expecting that its annual pace this mon...

2023-07-10 09:20:00 ET Summary While pure-play electric vehicle stocks have lost some of the interest seen in 2020-2021, demand continues to grow for the overall future mobility market, including pure-play stocks like Tesla and Rivian. Pure-play EV companies were hit by production...

2023-06-30 11:30:12 ET Global X Autonomous & Electric Vehicles ETF ( NASDAQ: DRIV ) - $0.1752 . Payable Jul 10; for shareholders of record Jun 30; ex-div Jun 29. For further details see: Global X Autonomous & Electric Vehicles ETF declares semi-annual dis...

2023-06-21 03:20:00 ET Summary Both major US monthly inflation reports out last week reflected even lower rates than most pundits had expected. Following the two inflation reports and other indicators, the Fed decided to pause hiking key interest rates further, but the “dot...

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 ...