CARZ ETF

For investors seeking momentum, First Trust S-Network Future Vehicles & Technology ETF CARZ is probably on the radar. The fund just hit a 52-week high and is up 34.3% from its 52-week low of $46.26 per share.

EV makers like Nio, Xpeng and Tesla were among the most actively traded stocks on May 21. While upbeat earnings from Xpeng boosted the stock.

The EV industry in 2024 is poised at a critical juncture, with growth opportunities tempered by economic and technological challenges. However, the slowing momentum should gain traction in the medium term.

Capitalize on the optimistic Q4 earnings of the automobile companies with these ETFs.

Powell expressed confidence in the economic growth and jobs market. Amid the strong economy, investors could be well served by ETFs from top-ranked sectors.

The year 2023 has proven to be an exceptional year for Wall Street. Now, let's see what ETF trends would be visible in 2024.

The November U.S. jobs report showed continued resilience in the labor market. U.S. non-farm payrolls grew by 199,000 last month, the Labor Department said Friday.

Recently, the electric vehicle (EV) market has experienced a deceleration in its previously rapid growth.

Sales are harder to be influenced in an income statement than earnings. A company can land up on decent earnings numbers by adopting cost-cutting measures that do not speak for its core strength.