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This Week's Forecast March 9-13, 2020
Monday, March 9, 2020 - 12:00pm | 405Image Sourced from Pixabay Construction outlook: Construction outlook:The Federal Reserve announced an emergency 50-basis-point (bps) rate cut last Tuesday, lowering its target Fed Funds range to 1-1.25% from 1.5-1.75%. The Fed cut is a reaction to the rising economic risk posed by the...
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E-Commerce Automotive Market Is The Next Big Thing And The US Auto Parts Network Is The Player To Pay Attention On
Monday, October 28, 2019 - 12:57pm | 1309The global e-commerce automotive market is forecasted to grow with the highest CAGR from 2020 to 2029, according to a latest industry study by Market.us. And one of the market's key players, U.S. Auto Parts Network, Inc. Common Stock (NASDAQ: PRTS) U.S. Auto Parts Network, Inc. is expected to...
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The Web Widens: Fiat Chrysler, BMW, Daimler Hitch Rides In Autonomy, Ride-Hailing Race
Thursday, August 17, 2017 - 1:34pm | 527There’s a lot of intermarrying going on in the automotive space. Amid pressure to match pace with accelerating developments in autonomous driving and ride sharing, a few major players either confirmed or were rumored to be exploring partnerships this week. Finally In The Driver’s Seat...
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Engine Troubles For The Auto ETF
Wednesday, August 3, 2016 - 9:22am | 582The First Trust NASDAQ Global Auto Index Fund (First Trust Exchange -Traded Fund II (NASDAQ: CARZ)), the lone exchange-traded fund dedicated to automotive manufacturers and related companies, needs to see a mechanic. CARZ is down nearly 11 percent year-to-date, while the largest consumer...