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.
The price of bitcoin has risen above $20,000 for the first time, as the speculative digital currency topped its previous peak reached shortly after it became tradable on Wall Street three years ago this month.
Amazon-owned Zoox has unveiled its first self-driving robotaxi that can seat up to four passengers, has no steering wheel, can run for 16 hours on a single charge, and can travel at up to 75 miles per hour.
It was an extraordinary year for the video game industry which culminated in, of course, the big launches of the anticipated next-generation consoles, the PlayStation 5 and the Xbox Series X/S.
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Amazon-owned Zoox Inc. unveiled its four-person “robo-taxi,” a compact, multidirectional vehicle it says was designed for dense, urban environments.
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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.
The porn industry in 2020 has come under scrutiny from media and politicians alike. Cheddar's Nora Ali takes a deep dive.
Weedmaps, a cannabis review site and software company, announced Thursday that it has agreed to go public through a merger with a special purpose acquisition company (SPAC).
Johanna Faries, a vice president at gaming company Activision Blizzard and commissioner of Call of Duty League, joined Cheddar to discuss esports in the era of the pandemic.
