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HBO to develop Game of Thrones spinoff, diesel prices skyrocket, Instagram tests new layout

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Yahoo Finances Allie Canal, Brian Sozzi, and Brad Smith discuss three news stories of interest.

Video Transcript

BRAD SMITH: Welcome back to Yahoo Finance Live, everyone. We want to turn now to the stories that we cut for time here, three headlines influencing markets in one way or the other, all delivered in three minutes. Starting with Allie, what are you watching?

ALEXANDRA CANAL: So Kit Harington, a.k.a. Jon Snow, he is reprising his role for a new "Game of Thrones" sequel.

BRAD SMITH: Ah.

ALEXANDRA CANAL: Now this sequel is going to take place immediately after the events of "Game of Thrones," so many people thought this was going to be an ironclad ending. But I guess that's not the case. I do love when sequels bring back original characters. I think it keeps the integrity of the show. And it also means that we could potentially see some other characters pop up for "Game of Thrones." I don't know if you guys are fans of this--

BRAD SMITH: I am.

ALEXANDRA CANAL: --series. OK, great.

BRAD SMITH: I am a fan.

ALEXANDRA CANAL: So I am going get trolled for this. I watched the final season because I wanted to be a part of the water cooler conversation. But I did not watch--

BRAD SMITH: You haven't seen the seasons before?

ALEXANDRA CANAL: --anything else!

BRAD SMITH: I knew where this was going!

BRIAN SOZZI: That's good. That's a life hack.

ALEXANDRA CANAL: Now I was basically bugging my roommate the whole time. Like, OK, so I had literally a notebook. Like, who's this? What's that? She goes, I am going to kill you. I wanted to enjoy this final season, and you ruined it for me.

BRAD SMITH: My word.

ALEXANDRA CANAL: I know.

BRAD SMITH: OK, well, I'm a fan--

ALEXANDRA CANAL: It's time.

BRAD SMITH: --and I'm not even looking forward to this.

ALEXANDRA CANAL: It's a lot of effort, though.

BRAD SMITH: Like, why can't we just leave some things? Like, just have it be done. We don't need a reboot of it.

ALEXANDRA CANAL: And there's prequels.

BRAD SMITH: We don't need prequels, the sequels.

ALEXANDRA CANAL: There's multiple prequels in the works, too.

BRAD SMITH: Yeah, we're on Jurassic Park 17 by this point.

ALEXANDRA CANAL: Oh, and the last one is the worst reviewed in the franchise, so I don't know.

BRIAN SOZZI: That's a good thing. It's coming at a good time for Discovery, post merger and acquisition. Good for them.

BRAD SMITH: Jon Snow moving markets. There we go.

BRIAN SOZZI: As for me, energy woes mean higher gas prices, but the rising cost of diesel also leading to increased prices. And I've got to give a shoutout to our very own Ken Underwood. He's on the other side of the camera today, working very hard for us. He reminded me that that shock when you go to the gas station, you walk up there, and you see $6.50, and you realize, wow, that's my gas price right now? No, it's actually diesel prices.

And that was my take or reaction last week when I would fill up my car, and diesel prices were actually $6.40. And diesel prices across the country have gone through the roof, now at $5.72 a gallon, up 75% year over year. Now, that has major ramifications for, of course, the economy. Truck drivers, people that drive large SUVs. I mean, I've seen TikToks, and people-- cost to fill up an average truck, 150 bucks right now. It's just amazing.

BRAD SMITH: It trickles down to the consumer, too, though.

BRIAN SOZZI: Absolutely.

BRAD SMITH: Because when companies talk about this being factored into the price that you are paying, this is exactly what they're talking about-- how much operational expenses the truckers are taking on, and thus, us in order to get that product. And for even those that are opting up to freight, they might be opting up to freight or air freight as well. And we're still going to see all those costs at the end of day.

ALEXANDRA CANAL: And truckers are the backbone of the American economy, right? That's how we get our Amazon packages, our groceries, our furniture. It's crazy to think about this ripple effect. And it's really going to impact these smaller truckers, too, and those smaller, like, fleets. So I think it's really devastating.

BRIAN SOZZI: I'm really happy I do not drive a Mercedes diesel.

BRAD SMITH: No, yeah, I 100% agree with you.

BRIAN SOZZI: I am a Mercedes fan, though.

BRAD SMITH: I am a Mercedes fan. Newfound respect for-- well, of course, always respect for truckers, who navigated throughout this entire pandemic in more ways than one. My grandfather was a truck driver. They do a ton of great work out there on roads.

All right, guys, also, we've got to talk about Instagram. The IG testing out a new layout that actually brings Compose back to the center of the navigation bar, thank goodness. That place currently occupied by access to its TikTok competitor, Reels.

Now, the changes also include a new full screen feed, similar to TikTok. All right, so we're taking a look at, I think, some of the changes that are going to be taking place here. But I don't know if you guys are even on TikTok all like that, but I don't know if I'm ready for yet another change. I'm just finally getting used to it.

ALEXANDRA CANAL: I was just going to say that. Can we stop updating Instagram? I'm over it.

BRAD SMITH: Done.

ALEXANDRA CANAL: The layouts, it's confusing. They seem to do it, and people complain. What is the reason?

BRIAN SOZZI: I just want a simpler Instagram. Maybe it's me now being a middle-aged male. Whatever it is, I need--

ALEXANDRA CANAL: It's not user-friendly.

BRIAN SOZZI: I need something easier to use. I can't keep track of all this stuff. And I'm still trying to figure out how to make a great TikTok.

BRAD SMITH: I don't think I've ever made a Reel. I have made two TikToks before.

BRIAN SOZZI: Really?

BRAD SMITH: And that's it. That's all I've done.

ALEXANDRA CANAL: I haven't made a Reel either. But I'm curious. I want to do it.

BRIAN SOZZI: Just make it easier for us, not easier for you to make more money there, Meta. Please, make it easier for us.

ALEXANDRA CANAL: It's hard to even do a Boomerang story, let alone make a Reel. I'm like, where's the Boomerang button? I can't figure it out. I'm over the updates and the layouts.

BRAD SMITH: Oh, man, we really--

ALEXANDRA CANAL: It's too much.

BRAD SMITH: We really sound like geriatric millennials here.

ALEXANDRA CANAL: Oh, giving away our age here.

BRIAN SOZZI: All right, let's leave it there.