Key Highlights

  • Nebius shares surged after Nvidia disclosed a stake of over 9% in the company.
  • Bitcoin climbed above $66,000, its highest level in five weeks.
  • SpaceX shares rose around 7% after announcing its first quarterly earnings date for August 4.
  • The SpaceX earnings date will also trigger the expiration of share lock-ups.

Several other stocks and assets made notable moves during the session, led by Nebius shares surging after Nvidia disclosed that it owns a stake of over 9% in the company.

What Happened

Bitcoin climbed above $66,000, reaching its highest level in five weeks amid renewed risk appetite.

SpaceX shares rose around 7% after the company announced its first quarterly earnings date for August 4, which will also trigger the expiration of share lock-ups.

Market Reaction

These moves reflected continued interest in technology, crypto, and high-growth companies despite the mixed macro environment.

Outlook

SpaceX's August 4 earnings date, and the associated share lock-up expiration, represents a specific near-term event investors are likely to watch, alongside continued developments tied to Nvidia's disclosed stake in Nebius.

Why did Nebius shares surge?

Shares rose after Nvidia disclosed that it owns a stake of over 9% in the company.

How high did Bitcoin climb?

Bitcoin climbed above $66,000, its highest level in five weeks.

What is significant about SpaceX's August 4 date?

It marks the company's first quarterly earnings date, which will also trigger the expiration of share lock-ups.