IDRV News and Press, iShares Self-Driving EV and Tech From 06/29/23

2023-06-29 10:20:00 ET Summary As the supply chain shifts, accelerated by pandemic disruptions and policy uncertainty, so too are previously dependable - and popular - data correlations. While the manufacturing sector remains resilient, there are simply not enough skilled workers ...

2023-06-23 01:45:00 ET Summary Copper is the wiring that connects the present to the future. Global demand for copper is expected to double by 20351 driven not only by traditional sources of demand such as construction and infrastructure, but also by the adoption of new technologies t...

2023-06-23 01:30:00 ET Summary Lithium is among the most important metals required for electric vehicles and energy storage; as a transition to a low-carbon economy accelerates, demand is expected to increase exponentially, and companies involved may benefit.1. The supply of lithi...

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 ...

2023-05-17 01:40:00 ET Summary We got two big data points on May 16th on the economy and both pointed to sluggish trends in growth. Retail sales and industrial production have a strong correlation with weak economic growth and both came in unusually weak last month. Industrial...

2023-05-16 11:56:04 ET Selling pressure hit pockets of the electric vehicle sector again on Tuesday as investors continue to digest the recent trips into the quarterly earnings confessional from companies big and small. Notable decliners in late morning trading included ( PEV ) -1...

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. ...

2023-05-04 15:47:00 ET Summary Why U.S. bank earnings suggest a modest recession? Potential impact of regional bank failures on the broader markets. When it comes to market uncertainty, is reality actually better than perception? The latest U.S. earnings seas...

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...