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Bitcoin Surges Past $59,000, Apple Reportedly Cancels Car Project: Yahoo Finance Live
Bitcoin (BTC-USD) The rally continues this morning, with the cryptocurrency hitting a new two-year high above $59,000. The latest surge comes on top of bitcoin’s recent gains, with the asset up more than 40% year-to-date. In the tech sector, Apple (AAPL) has reportedly abandoned plans to get into the electric car business. The tech giant was developing an autonomous electric vehicle but has scrapped those plans and will move many employees involved in the project to its AI division, according to Bloomberg. Trending stocks on Yahoo Finance include Beyond Meat (BY), Viking Therapeutics (VKTX), and Baidu (BIDU).
Key guests include:
9:40 AM ET – Scott ChronertStrategist and Managing Director of U.S. Equities at Citi
10:15 AM ET – Neil BlumenthalWarby Parker Co-Founder and Co-CEO, and Dave GilboaWarby Parker Co-Founder and Co-CEO
10:30 AM ET – Aaron FordNevada Attorney General
10:40 AM ET – Daniel SchreiberCEO of Lemonade
11am ET – Yung-Yu MaChief Investment Officer, BMO Wealth Management USA