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.
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.
Cyprus-based Nexters, maker of the mobile game "Hero Wars", has gone public in a deal with Russian media mogul Ivan Tavrin's blank-check company, Kismet Acquisition One.
As consumer wearables gain purchase, the use of wearables in the workplace, a category broadly referred to as enterprise wearables, has struggled to make lift-off.
It took just one tweet from Rihanna to anger the Indian government and supporters of Prime Minister Narendra Modi’s party.
Brian Murphy, ReliaQuest CEO, spoke with Cheddar about what his firm faces in securing Super Bowl LV in Tampa Bay, Florida.
Co-founder and CEO Sharat Sharan spoke with Cheddar about how the webinar platform delivers digital engagement and data leading to its successful IPO.
Super Bowl champion and New Jersey native Victor Cruz recently launched a new fitness program called UNDRAFTED on the Ladder app.
Amazon has revealed plans for the next phase of its headquarters redevelopment in Virginia.
Jeff Bezos announced he is stepping down as CEO of Amazon.
Robinhood CEO Vlad Tenev called for real-time settlement of trades in a letter posted on the trading app's website on Tuesday.
