Stocks to Watch: Ventyx Surges on Eli Lilly Rumors, Mobileye Expands into Robotics, HIVE Boosts Bitcoin Output
Premarket trading was cautious ahead of a key U.S. jobs report, but several individual stocks moved sharply. Ventyx Biosciences (VTYX) jumped about 67% on takeover speculation after rumors of interest from Eli Lilly, driving a surge in volume and short-covering. Mobileye Global (MBLY) rose after announcing the acquisition of Mentee Robotics and unveiling a broader ‘Mobileye 3.0’ strategy to expand beyond autonomous driving into humanoid robotics and physical AI—a strategic shift that could diversify revenue and R&D focus. HIVE Digital Technologies (HIVE) posted a near-tripling of bitcoin production thanks to higher hashrate and improved fleet efficiency, and announced plans to expand renewable power capacity; its shares rose roughly 5%. The report also notes overall market caution as investors digest macro data and position ahead of the jobs release. Key trading takeaways for crypto traders: HIVE’s operational improvements and capacity expansion strengthen its BTC production profile and revenue outlook, potentially improving investor sentiment toward bitcoin-mining equities and related crypto exposure. Watch for volatility in names tied to M&A rumors (VTYX) and strategic expansions (MBLY), which can spill into sector peers. Primary keywords: Ventyx, Mobileye, HIVE, bitcoin production, acquisition; secondary/semantic keywords: Eli Lilly rumors, Mentee Robotics, Mobileye 3.0, hashrate, renewable power, market volatility.
Bullish
Net impact is mildly bullish for crypto-related markets, driven primarily by HIVE’s material operational gains. A near-tripling of bitcoin production, higher hashrate and improved fleet efficiency directly improves miner revenue per BTC and reduces unit costs, which can increase investor appetite for mining equities and indirectly support BTC demand. HIVE’s announced expansion of renewable power capacity also addresses energy and ESG concerns, improving long-term viability. M&A speculation around Ventyx is equity-specific and creates short-term volatility but does not materially affect crypto markets. Mobileye’s move into robotics is strategically significant for the company but has limited direct impact on cryptocurrencies. Historically, strong operational reports from miners (higher production, efficiency gains, capacity expansion) have correlated with positive performance in mining stocks and modest positive sentiment for BTC prices in the short to medium term. Short-term: expect increased volatility in mining stocks and occasional spillover into BTC spot and derivatives as traders reprice miner fundamentals. Long-term: sustained higher production coupled with capacity built from renewable sources strengthens the investment case for miners, supporting sector consolidation and potential inflows from institutional investors focused on cleaner mining — a constructive backdrop for crypto-market stability and gradual upside.