DRIV News and Press, Global X Autonomous & Electric Vehicles ETF From 09/02/21

The global auto sector is entering an extremely challenging, arguably existential, phase, but well-positioned players should thrive. Historically, industries have been ripe for disruption when facing both rapid technological advancements and broad policy support — which aptly d...

I've been dead-wrong on VICR since my initial Seeking Alpha coverage started in September of last year with a "Neutral" rating. I kept thinking the stock was overvalued and I could wait for a better entry point. There were a couple of opportunities, but I missed them. Vicor manufa...

Despite all the attention ARK's flagship Innovation and Genomics ETFs receives, the oft-overlooked ARKQ Autonomous & Robotics ETF is ARK's best performing actively managed fund over the past year (+42.5%). However, ARKQ appears overly concentrated in a handful of names and the ris...

Global EV registrations grew by 40% last year and it is a market that is expected to grow at a CAGR of 22%+ through 2027. The leaders in EV market development include semiconductor companies, companies that have expertise in AI and software, and - of course - Tesla and the EV Makers. ...

Wedbush Securities says its Green Tidal Wave thesis is still in play as it forecasts EVs will represent 10% of total automobile sales by 2025 and rise to 20% by 2030. The confidence follows a rough patch for EV stocks as some of the euphoria over the U.S. election and prospects for EV support...

Senator Joe Manchin (D-WV) is “deeply concerned” about the Fed’s easy money policy and urged the Fed to curtail its aggressive intervention in the bond market. This raises questions about whether or not the Fed might taper sooner than expected. I believe the Fed w...

Supply chain disruptions continue to hit new vehicle sales. Auto makers are already investing a lot of money in EV production. Hencic: Once we are past the worst of the supply chain issues, the need to rebuild inventories should support production in the longer term. For fur...

On August 10th, 2021, the U.S. Senate passed the $1.2T Infrastructure Investment and Jobs Act across bipartisan lines (69-30), after months of deliberation. The next stop for the Infrastructure Investment and Jobs Act is the U.S. House of Representatives, where it could be subject to ...

Industrial production rose 0.4 percent in June, the eighth gain in the last nine months. However, manufacturing output, which accounts for about 75 percent of total industrial production, decreased 0.1 percent. All other industries combined (total excluding energy, high-tech, and moto...

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%...