Electric vehicles are the future, as the world moves from gas-guzzling ICE vehicles to their green energy counterparts. Ancillary beneficiaries of the growing EV adoption are companies that moved to an advanced driver assistance system (ADAS) technology, which has now come to be the core of self-driving and EVs.
U.S. indices were trading lower Thursday as stocks continue September weakness. Initial jobless claims came in higher than expected, which has added to economic concerns while investors continue to weigh uncertainty related to the COVID-19 Delta variant and Fed tapering policy.