If you followed crypto throughout the previous bull market in 2020 and 2021, you almost certainly came across Dogecoin (DOGE). The token gained traction on social media and quickly became one of the most discussed cryptocurrencies. DOGE survived the bear market of the past few years and has seen a strong comeback in 2024. DOGE was created over a decade ago but only picked up steam in 2020. It shot up to all-time highs (ATHs) of nearly $0.75, at which point it had a market cap of about $100 billi...

Tesla shares rose after Elon Musk said late Friday that the EV maker would unveil its self-driving Robotaxi in August. The stock was up nearly 5% Monday, cutting into its steep losses in 2024 so far. Meantime, Musk is preparing for a jury trial regarding Tesla's semiautonomous Autopilot offering...

Tesla's robotaxi is coming in August...

Elon Musk recently took to X to announce that the company's long-awaited Robotaxi project will be unveiled on August 8. ARK Invest Analyst Tasha Keeney joins Yahoo Finance Live to discuss the significance of this announcement. Keeney acknowledges that there has been "a lot of progress" in Tesla's self-driving software in recent years. While she admits the autonomous driving technology is "not perfect," she notes that consumers have shown it works. Keeney expresses confidence that in five years Robotaxi technology will drive significant gains for Tesla. However, Keeney emphasizes that the release of the Robotaxi will depend on when the software will be ready. She explains that Tesla's current vehicles can become fully autonomous once the necessary software updates are made. Despite potential delays in unveiling the Robotaxi prototype, Keeney believes the announcement demonstrates the company's confidence in the progress of its Robotaxi network. Furthermore, Keeney highlights Tesla's "unparalleled data advantage" over its competitors in the autonomous driving space. She believes the company has more than enough data mileage to "train their models," underscoring that "data is key" in this rapidly evolving industry. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. Editor's note: This article was written by Angel Smith...

The benchmark S&P 500 and the Nasdaq struggled for direction in early trading on Monday after Treasury yields gained on rising bets that the U.S. Federal Reserve could delay interest-rate cuts this year. Hawkish commentary from central bank officials last week and stronger-than-expected manufacturing and jobs reports pointed to a resilient U.S. economy, easing the pressure on the Fed to cut interest rates quickly. U.S. stocks recorded weekly losses on Friday as traders scaled back expectations on the timing of rate cuts...

A number of stocks are on the move Monday morning. Tesla (TSLA) jumped at the open after CEO Elon Musk said the company's robotaxi will be unveiled on August 8.  Boeing (BA) is under the microscope again. This time, it's after an engine cover blew off a Boeing 737-800. The Federal Aviation Administration is investigating the incident that occurred on a Southwest Airlines (LUV) flight from Denver to Houston.  Coinbase (COIN) shares are popping thanks to the rise in bitcoin (BTC-USD), which surpassed $72,000. Analysts at Barclays also raised their price target on the stock to $179 from $146. Yahoo Finance's Alexandra Canal breaks down some of the biggest movers at the market open. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. Editor's note: This article was written by Stephanie Mikulich...

Stock Market Today: The Dow Jones rose Monday as Tesla stock rallied on Elon Musk's robotaxi comment. Nvidia reversed lower...