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.
Venmo will allow users to buy and sell cryptocurrencies on its app, the latest mainstream financial platform to wade into alternative currency like Bitcoin.
Despite a measurable impact that the COVID-19 pandemic made on carbon emissions throughout 2020, researchers are warning that to hold back climate change, nations need to keep pushing for reductions.
Garry Kasparov is launching an online platform called Kasparovchess that will allow chess fans to play and learn online.
Apple said it has an agreement to reinstate Parler, the social network popular with supporters of former President Donald Trump it kicked off its app store in January over ties to the deadly siege on the U.S. Capitol.
Two federal agencies are sending teams to investigate the fatal crash of a Tesla near Houston in which local authorities say no one was behind the wheel.
NASA's experimental Mars helicopter has taken flight. The little 4-pound helicopter named Ingenuity rose into the thin air above the dusty red surface of Mars on Monday, achieving the first powered flight by an aircraft on another planet.
Ezra Kucharz, chief business officer at DraftKings, talked to Cheddar about the online sportsbook's deal with the NFL and the future of legal sports gambling in the U.S.
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
Herald Chen, president and CFO of mobile games technology company AppLovin, spoke to Cheddar about the company's aims after its public debut on the Nasdaq.
After a union battle at an Alabama warehouse, Amazon founder Jeff Bezos said that as executive chairman he will focus on making the company a better place to work.
