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Nvidia beats earnings estimates but shares dip; SpaceX files for IPO and Bitcoin steadies amid Fed rate concerns

Market News
21 May 2026
Blockonomi
View Source
Neutral
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Nvidia reported quarterly earnings that exceeded Wall Street expectations, driven by strong AI demand, but its shares fell about 1% in after-hours trading as investors sought clearer signs of sustained chip demand. SpaceX filed its S-1 registration with the SEC, providing rare insight into its finances ahead of planned investor presentations in June. Bitcoin rose slightly to around $77,576 after retreating from a recent peak above $82,000, as traders remain cautious amid Federal Reserve signals that interest rates may rise if inflation stays above 2%. Meanwhile, the European banking group Qivalis expanded to 37 members aiming to launch a euro-backed stablecoin by year-end, highlighting growing interest in digital currencies despite tightening monetary policies.

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