In the last few years, one of the areas that is becoming more and more popular is investment in advanced transport technologies. Auto corporations are investing billions in the race to win a large part of the market. There is an opinion that this direction will definitely become large-scale for electric and autonomous cars in the next decade. In this article, we will analyze the companies that claim to be the leader in this competition.
NVIDIA
Let's start with the NVIDIA enterprise. You've definitely heard about this technological monster and know its products: electronic chips, video cards, AI.
The company's products are the level of the gold standard, and NVIDIA has few competitors here. The development of artificial intelligence remains a promising direction of the enterprise and NVIDIA is doing very well in this area. For example, this company recently took part in MLPerf (measuring AI performance in various tasks) test trials. Here the company set a record in all categories.
How are AI and road transport related? It is very crowded, because the car of the future will not be driven by a person.
The company recently joined Terra Incognita, a developer of software for drones. NVIDIA has developed a special platform NVIDIA DRIVE, which simulates different scenarios for those who are engaged in the development of autonomous cars. Nvidia is also developing applications that allow the car to adapt the data received from car sensors, respond to the environment and drive the car independently. Last year, Navigant Research rated NVIDIA's AV platform as an industry leader.
Audi, Nio, Mercedes-Benz, Volvo and Toyota companies are already using NVIDIA solutions. We believe that the company will not only serve these car manufacturers with its software, because it provides the best solutions in its class.
According to NVIDIA's forecast, the company will receive more than $8 billion from this direction in six years. The market itself will have a capitalization of $60 billion in 8 years.
You can buy shares of a company without paying attention to their level, because this drawdown is low and short-lived. We believe that the $ 900 threshold may become a target for buyers over the next six months.
General Motors
General Motors is a car manufacturer that is well known both in America and abroad. For 77 years, the company has remained a leader in its field, repeatedly showing an innovative approach and setting trends in the automotive industry.
Of course, she also went into the topic of unmanned vehicles, and also began to build her own electric cars. By 2025, the company plans to create thirty models.
In addition to electric cars, GM is also engaged in autonomous cars. Thanks to this experience, the company has become a big player in the field. The automaker has already acquired a startup for the production of drones and taxis under the Cruise brand.
Last winter, GM showed the public its first drone. It is offline, and the user only needs to enter the arrival point in the app to get to the destination. So far, only employees of the company are its passengers, and the driver must also be in the car.
In the summer of this year, the management decided that it was necessary to invest more in the direction of unmanned vehicles. GM plans to spend $35 billion, which is 30% more than it planned at the end of 2020. This amount will be invested until the end of 2025.
As a result, GM is a paper that you need to have in your portfolio. Now there is a growing momentum in the market. If buyers manage to break through the level of $60.30 and above, the increasing movement of the security will continue. After that, we will be interested in the limit of 85-90 dollars.
Ford
Ford is another US company with a long successful history. Ford is known for the level of quality and reliability of its products and remains one of the leaders of the automotive industry to this day.
Thanks to many innovations, this car manufacturer has always been ahead of other companies in this field. Like GM, Ford saw the potential of a new trend and the company entered the race.
Now the issuer plans to say goodbye to the gasoline engine forever and make the transition to electrification. The Mustang Mach E car has already been released. Another model of the Ford E-Transit will be released on the market at the end of this year, and after a while it will be available on the territory of the Old World.
The company develops software for autonomous cars. They will be equipped with sensors that allow you to track the exact location using information from GPS. LiDAR will help the car to navigate, in addition, the drone will be equipped with a complex set of radars and cameras.
This car will have a fourth-generation autopilot system, which means that it is possible to move independently in certain areas if there are normal weather conditions.
If you are planning to buy Ford securities, then this will not just be an investment in the field of autonomous cars or electric vehicles, it is an investment in a company that has proven itself in the global automotive industry.
Analyzing the weekly chart, you will see a bullish trend. The paper is steadily growing after the drawdown, where it was from the beginning of the year to May. It is worth waiting for the closing of the level of $3,070, and then buy the asset in the direction of $3,350.
Alphabet
Alphabet is one of those enterprises that can surprise with its appearance in this list. How are the global search engine and transport related? It's so easy! Google uses an AI system in search, and it also controls the machine.
Alphabet has subsidiaries, among them Waymo, which produces technologies for autonomous cars. It is the subject of our analysis. Using Waymo systems, Alphabet plans to launch an autonomous taxi service, such as Tesla's RoboTaxi.
The company started developing autonomous cars in 2009. At first, until 2016, it was a division of Google, so Alphabet separated it into a separate enterprise.
The Waymo taxi service has already been available in four cities in Arizona for four years.
If you decide to buy Alphabet shares, you will not make an investment in an enterprise that will occupy a significant part of the driverless car market in the future. You will receive a share in a technological enterprise that has proven its success in a highly competitive direction that requires regular innovations.
At the moment, this promotion is worth $2,450. Buyers froze, but we believe that this time-out will be short-lived, and soon the company's securities will continue to grow. The purchase goal is $2,550.
Tesla
Tesla pays great attention to electric vehicles. In addition, Elon Musk plans to create an autonomous car. Since 2016, Tesla models have been equipped with the latest autopilot and navigation technologies-there is a radar, eight cameras and 12 ultrasonic sensors.
For six years, the company has been collecting autopilot data. Now she has almost 3 billion kilometers of data on real driving. To understand the scale of the data collected, as of March last year, Waymo did not have even 20 million miles of data. This is less than the Tesla company by 150 times.
With this information, Tesla has a huge advantage over its rivals. Yes, you can have a powerful AI system that has neural network technology, you can have radars and other necessary sensors, but before the AI starts making any decisions, you must teach it to drive a car, which will require a lot of information and data.
Tesla uses high-level computers to analyze information. In the middle of this month, the company presented to the public a new part of the supercomputer that trains future Tesla AI.
According to Kathy Wood of Ark Invest, in terms of market potential, autonomous vehicles will bring in more than $1 trillion a year by 2030. Elon Musk is now planning to get an autopilot license, which allows the company to enter the market. If this does not happen, Katie Wood believes that by 2030, Tesla will bring $250 billion in profit.
Investments in Tesla cause controversy. We believe that you can only trade speculatively here, but if you invest for a long time, there will be no large investments. In many ways, Musk's behavior and his not infrequent taunts on Twitter support the growth of this action.
We recommend that those who want to buy this paper wait for the $ 700 limit to break through, and then buy it for $900.
After yesterday's report on consumer inflation in the United States, which showed an increase from 7.9% to 8.5% over the month, the probability of a Fed rate hike in May by 50 basis points in the futures market increased to 90%, and analysts assume that there will be 3 such aggressive increases in 2022.Nevertheless, despite the record rate of inflation, many experts believe that it has begun to slow down, as the monthly growth rate was 0.3% with a forecast of 0.5%. Maybe the Fed will soon have to abandon aggressive tightening of monetary policy.Inflation in the G7 countriesLael Brainard has already announced the first signs of a slowdown in consumer price dynamics, noting that the Federal Reserve will continue raising rates in any case, but it may start reducing the balance sheet not in May, but in June. Her words became a lifeline for the EUR/USD bulls. Assumptions about the later start of the balance sheet reduction reduced the yield of treasuries and supported euro buyers.It is possible that Christine Lagarde's team will also support the euro. There are more and more hawkish voices in the ECB Council calling for a tightening of monetary policy. The heads of the Central Banks of Slovenia, Austria and Belgium believe that two increases in the deposit rate should take place in 2022. This attitude will help EUR/USD to find the bottom and return above 1.09. Nevertheless, trading from forex levels shows that when the day closes below 1.083, the downtrend continues.Indeed, the European currency has a lot of problems, and even a slight decrease in interest in the dollar does not indicate a change in the direction of movement of EUR/USD. 
Data from the Comex exchange indicate a decrease in the cost of copper. By 5 a.m.GMT, the price of a pound of metal dropped to $4,7105, or 0.75% compared to its value at the close of trading the day before. Yesterday, trading on the London Stock Exchange ended with a rise in the price of industrial metals. The cost of copper rose to $10,367.50 cents, or 0.5%. Aluminum rose to $3,551, or 3.4%. The price of zinc rose to $4,149, or 3%. One of the factors that has a significant impact on the markets is the US currency exchange rate. Its growth makes it unprofitable to purchase raw materials for investors with other currencies, including metals. Today, the dollar index is showing growth. It has already risen by 0.13% to 97.91 points. Statistics from China also contribute to the fall in the price of copper. Economic activity in this country is declining due to the deterioration of the epidemiological situation. In this regard, a reduction in demand for copper is expected. 
In order to limit the supply of Russian gas, the European Commission intends to gradually increase the volume of liquefied natural gas purchased in the United States. According to the plans discussed in 2021 on the import of American LNG, it was assumed that this year its volumes would be at the level of 22 billion cubic meters. Now the EU has agreed with the United States to increase this figure by 15 billion cubic meters. In total, the gas purchased in the United States in 2022 will replace 10% of Russian annual gas supplies. Thus, the abandonment of Russian gas will be carried out gradually. The European Commission plans that in 2023 additional gas supplies will grow to 35 billion cubic meters, which will be possible thanks to the diversification of gas supplies, which are currently being negotiated with international partners. The EU's efforts to enhance energy efficiency and develop renewable energy sources will also contribute to reducing dependence on supplies from the Russian Federation. 
Cryptocurrency Forecast for today. Consolidation and uncertainty of trading in the range of 48051 – 46810 dollars are visible. It is possible that market participants are waiting for US labor market data.The capitalization of the cryptocurrency market by the end of Wednesday amounted to 2.15 trillion US dollars against 1.90 on Tuesday. A negative news background can increase short positions on digital assets.The Norwegian company Opera has added support for Bitcoin, Solana, Polygon and other cryptocurrencies to the browser.Integration of multiple blockchains and second-level development solutions was called a key strategy and part of Opera's mission, which is to introduce millions of users to Web 3.0.Solana and Bitcoin are currently available only in Opera for Android. Their support in the "Crypto Browser Project" will appear in the coming months.The dollar and the cryptocurrency market will be sensitive to the release of the number of initial applications for unemployment benefits, the price index of personal consumption expenditures. The focus will also be on the business activity index (PMI) in Chicago, the unemployment rate and the index of business activity in the manufacturing sector (PMI) from ISM. 
Gold exchange rate forecast for today. The banking metal is still very sensitive to the dollar. The next signal for the market is the US unemployment rate for March. If the current value comes out better than the forecast, then there will be an additional reason for the Fed to reduce the purchase of securities.The US stock market ended Wednesday trading lower on the back of negative dynamics from the consumer services, technology and finance sectors. At the close on the New York Stock Exchange, the Dow Jones fell by 0.19%, the S&P 500 index fell by 0.63%.At the same time, there is an increase in inflation. Consumer prices in Germany, harmonized with EU standards, increased by 7.6% in annual terms in March, according to preliminary data from the country's Federal Statistical Office (Destatis).Analysts surveyed by Bloomberg, on average, predicted a rise of 6.8%. Trading Economics experts expected growth of 6.7%. In February, inflation in the country was 5.5%.As for Japan, retail sales in February decreased by 0.8% compared to the same month last year, according to data from the country's Ministry of Economy, Trade and Industry. The drop was recorded for the first time since September last year. Analysts on average expected a decline of only 0.3%. 
Forex. Pound/Dollar (GBP/USD) forecast for today. The pair gained a foothold in the area above the European support of 1.3127. At the moment, there is a strong resistance at the level of 1.3202.The yield of 10-year UK bonds is near the March maximum values at 1.668%.This time, the US dollar was under pressure against other world currencies. The US economy in the fourth quarter of 2021 increased by 6.9% in terms of annual rates, according to the final data of the US Department of Commerce. Earlier, a 7% rise was announced.Experts on average expected an upward revision of the indicator to 7.1%, according to Trading Economics.According to the revised data of the Ministry of Trade, consumer spending, which accounts for two-thirds of US GDP, increased by 2.5% in the fourth quarter, not 3.1%, as previously reported.Exports soared by 22.4%, imports increased by 17.9% - instead of the previously announced 17.6%.On Tuesday, market participants are likely to wait for the reaction of the pound after the publication of UK GDP, housing price index, business investments, investments of commercial enterprises. The US labor market data will also affect the course of trading. 
Forex. Euro/Dollar (EUR/USD) forecast for today. Positive trading dynamics was observed throughout the trading environment.The yield on 10-year US bonds has declined from the March highs and is now at 2.351%.The bidding process is still influenced by the hope that the war in Europe will end soon. The recent negotiations between the Ukrainian and Russian sides have created optimism in the financial markets.Meanwhile, the composite index of business and consumer confidence in the eurozone in March fell to 108.5 points against 113.9 points a month earlier, according to data from the European Commission. The indicator value turned out to be the lowest since March last year.Experts on average predicted a more moderate decline, up to 109 points, according to Trading Economics.The decline in the composite index is mainly caused by a decline in European consumer confidence due to rising inflation and events in Ukraine. The indicator of consumer confidence in the eurozone in March collapsed to minus 18.7 points against minus 8.8 points last month, coinciding with the consensus forecast.Today, the focus will be on the data of the Eurozone and the US labor market — the change in the number of unemployed in Germany, the unemployment rate of the Eurozone and the number of initial applications for unemployment benefits in the US. 
Cryptocurrency Forecast for today. Now the digital asset is trading in the range of 48051 – 46820 dollars. After sharp movements in the market, market participants adhere to a wait–and-see position - soon US GDP and labor market data. Financial markets, including digital assets, can react strongly to these events.The capitalization of the cryptocurrency market by the end of Tuesday amounted to 2.11 trillion US dollars against 2.13 on Monday.According to media reports, MacroStrategy, a subsidiary of MicroStrategy, took out a loan for $205 million secured in bitcoins. The loan was issued by Silvergate Bank. According to the terms of the agreement, the loan funds will be used to purchase cryptocurrencies.At the same time, the US Treasury Department proposed to extend to cryptocurrencies the requirements for informing the IRS Tax Service about foreign accounts of citizens with assets over $50 thousand. The relevant document is published on the official website of the department. If adopted, the new requirements will come into force in 2023.Representatives of the Hong Kong Stock Exchange announced the launch of a platform for trading tokenized assets called Diamond. The trading service will use smart contracts, blockchain and cloud computing technologies, thanks to which it will be able to work around the clock.