Futures on the S&P 500 climbed 0.42% in early Tuesday trading, driven by a 6% rise in Nebius after Nvidia acquired a stake in the company and a 4% jump in TSMC shares following plans to increase prices. Bitcoin also surged, reaching a premarket level of $66,174.
Nebius's gain was triggered by Nvidia's investment, signaling growing confidence in the company’s technology and market potential. Meanwhile, TSMC’s decision to raise prices bolstered investor optimism about the chipmaker's ability to maintain strong revenue growth amid supply chain constraints.
The cryptocurrency market tracked an upward trajectory alongside equities, with Bitcoin’s advance contributing to a generally positive sentiment among investors. This movement reflects renewed appetite for risk assets in early trading hours.
