Latest news technology

Why air quality and ventilation are so important to health

It's something that is important to health, but often overlooked: air quality. As part of Yahoo Finance's Healthcare Week, senior reporter Anjalee Khemlani speaks with Director of Harvard's Healthy Buildings Program, Joseph Allen, on the growing awareness of indoor air quality's impact on health, spotlighted by COVID-19. For the first time in history, the CDC has created a health-based target focused on air quality control. Allen says the pandemic revealed the need to address airborne risks, which go beyond COVID-19 to other viruses and health/cognitive impacts. Respiratory pathogens like the flu and the rise in wildfires demonstrate why air quality matters. He notes clean air's invisibility makes monitoring essential, referencing technologies like CO2 monitors which help enable individuals to properly asses their immediate environment. Allen believes more widespread adoption of sensors is important for awareness and accountability. He highlights a new system deployed across Amazon's facilities (AMZN) to ensure healthy air quality for workers. While the pandemic awakened interest, Allen stresses that sustaining consistent momentum will require ongoing education and technology adoption to empower individuals and organizations to make indoor air quality protection a top priority. "We've been in the sick-building era for forty years because we've designed our buildings without health-based targets, and that era is over." Allen tells Yahoo Finance. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.


0 Like 0 Share finance.yahoo.com markets
Cathie Wood talks spot bitcoin ETF approval, Tesla, & the Fed

ARK Investments Founder, CEO, and Chief Investment Officer Cathie Wood is known for big, bullish bets on investments such as Tesla (TSLA) and bitcoin (BTC-USD). Now she's teaming up with 21shares on new crypto-based ETFs. Wood is bullish on bitcoin, with a base case of $600,000-$650,00, though she believes it could go even higher if a spot bitcoin ETF is approved. On the topic of a spot bitcoin ETF, something ARK Invest has applied for, Wood believes "something has changed," because the Securities and Exchange Commission followed up to their latest application with questions instead of rejecting it outright. For Wood, this is a sign that the odds of approval "have gone up." When asked by Yahoo Finance's Julie Hyman about the economy, Wood argues that weakness in the housing and auto markets are showing signs of a recession, adding that based on what she has heard on earnings calls "you'd think we're in a recession." Wood says the Federal Reserve is paying attention to lagging indicators, one of which is the Consumer Price Index, which she thinks will "turn negative before all is said and done." For a long time, Tesla was the top holding in the ARK portfolio. It has now dropped to third. Wood explains that it had more to do with rebalancing the portfolio than the stock. When it comes to Tesla's price cuts, Wood says “all that Tesla’s price cuts have done is offset the interest rate hit. So really, the monthly payments haven’t gone anywhere. Tesla will continue to cut prices because it can, its technology costs are falling and it’s profitable.” Wood goes on to say "you'll notice that the GM (GM) and Ford (F) have basically pulled back on their EV strategy and said, 'we can't, we can't do this unless it's profitable.' Well, this is chicken and the egg. It can't be profitable for them, just like it wasn't for Tesla until they scale. So if they're not gonna scale, they won't be profitable." Key video moments: 00:00:25 Wood on the new ETFs, why "the monetary system is bitcoin" 00:04:25 Why "something has changed" when it comes to the approval of a spot bitcoin ETF 00:07:38 Wood's bullish case for bitcoin 00:11:12 Wood on commodities, inflation, recession 00:15:58 Wood discusses what is driving the markets right now 00:18:45 Wood talks about ARK Invest's 2024 strategy 00:19:50 Why Wood is still bullish on Tesla 00:22:35 Wood explains why she isn't betting big on Nvidia


0 Like 0 Share finance.yahoo.com markets