DRIV News and Press, Global X Autonomous & Electric Vehicles ETF From 07/04/21

June sales for the auto industry overall fell to 1.30 million vehicles, down 14.2% from June 2019, after a strong March, April, and May. The average transaction price and average per-unit gross profits have spiked to records in June. Ford’s total sales in June plunged 26.9%...

SPDR S&P Kensho Smart Mobility ETF tracks returns of firms specializing in growing trends in mobility. Yet unlike its peer group, the ETF depends on known industrial staples playing catch-up rather than ambitious tech-focused unknowns. With smallish assets under management, th...

The Vanguard International High Dividend Yield ETF is a decent investment, but it is not a vehicle to achieve "high yield". According to my math, the LTM distributions equate to a 2.88% yield. But before you turn away, VYMI's one-year total returns are an impressive 45.5% (yes, as...

There's been a lot of hype around cryptocurrencies over the past year. Even a few that began as a joke are now being valued in billions, like Dogecoin (market cap of $42 billion). For those who can stomach their heavy volatility and high risk, some of these digital currencies may hold g...

The demand for copper is booming and is being driven by the renewable energy, EV, and construction sectors. Meantime, copper supply last year took a hit due to mine closures as a result of the global pandemic. Investments in future production were also delayed. So far, copper is u...

The Global X Autonomous & EV ETF is avoiding the arguably sky-high valuations of most EV makers. Instead, it is more heavily invested in the software and hardware technology enablers. As a result, the #1 and #2 holdings are Alphabet and Nvidia. The rest of the top-10 holdings will...

Tesla is the current market leader in the EV space, and it generates strong growth rates. Those will slow down over the coming years, however. Competitive pressures are growing, and it is highly questionable whether Tesla will indeed dominate the EV market forever. Investors shoul...

Despite being negatively affected by the global semiconductor chip shortage the electric vehicle industry is expected to generate solid growth in the coming years fueled by governmental support worldwide. So, we think investors looking to capitalize on the industry’s growth in a relati...

With production backlogs forming due to the disruptive nature of COVID-19, the industries depending on an uninterrupted supply chain of semiconductors are feeling the pain. In this piece, we’ll discuss both the reasons for the underlying shortages and how securing semiconductor...

After Britain rejected Yellen’s call for a 21% minimum tax rate, the Treasury Department on Thursday officially proposed a radically lower global minimum corporate tax of 15%. Last week was a big week for housing statistics. Availability is tight, so the volume of sales is decl...