Seeking Alpha author Kirk Spano joins Cheddar to discuss his view on the electric vehicle industry and how it relates to the demand for oil. He talks about fracking and the "peak" of the oil plateau.
Spano suggests that fracking is done accelerating and will most likely only produce 10-11 million barrels a day moving forward.
He believes the takeover of electric vehicles may not happen as soon as people expect. He doesn't see families giving up their cars and dropping everything to go electric. He predicts 1 billion EVs will hit the road by 2040. Additionally, Spano believes oil prices will rise a bit and worries that war may drive up the demand.
For video games, 2021 was about growth and the arrival of new frontiers, like the metaverse and NFTs. But, the sector also struggled with lingering problems that cast a pall over the entire industry, from supply chain constraints to the persistent issue of workplace misconduct.
Small businesses are finding a lifeline for marketing and sales in getting eyeballs on their products and services via TikTok and Instagram. Senior reporter Michelle Castillo reports.
While calls for more crypto education are common in an industry that is often explaining itself, the idea that everyone should be learning more about crypto is beginning to spread.
The U.S. has opened a formal investigation into the potential for Tesla drivers to play video games on a center touch screen while the vehicle is in motion.
Electric and hydrogen-powered truck startup Nikola has agreed to a $125 million settlement over charges that it defrauded investors after misleading them about its products, technical advances, and financial prospects.
Snapchat has become the focus of a police investigation after a number of flash mob robberies in the Bay Area allegedly were linked to the social media platform.
Ian Rogers, Chief Experience Officer, Ledger, joins Cheddar News to discuss innovation in crypto security, and why a hardware wallet is a critical tool for protecting digital assets.
Carlo and Baker cover the latest developments after a devastating tornado outbreak over the weekend, plus an eye on Omicron and inflation, and not even Spielberg can save the box office.