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NASDAQ:DXYZ 21 May 2026

Destiny Tech100 Gains Pre-Market as SpaceX IPO Buzz Mixes With AI Stock Warnings

Destiny Tech100 Gains on IPO Hopes for SpaceX

Destiny Tech100 Inc. shares surged 18.1% to $57.40 midday Thursday after SpaceX’s IPO filing drew attention to the fund’s 14.5% exposure to the rocket company. DXYZ traded at 2.3 times its March 31 net asset value of $24.56. The fund also holds stakes in Anthropic and OpenAI, with cash making up 31.4% of assets. DXYZ remains volatile, still below its May 11 high near $71.

Stock Market Today

  • Jim Cramer Dismisses AI Impact Concerns on Shopify, Calls Stock a Bargain
    May 21, 2026, 1:20 PM EDT. Jim Cramer defended Shopify Inc (NASDAQ:SHOP), emphasizing the company's strong quarterly performance despite market fears about AI replacing its software. Highlighting Shopify's 15 consecutive quarters of exceeding revenue estimates, Cramer described the stock as undervalued despite trading at 55 times earnings and a 29% expected growth in earnings this year. He argued Shopify isn't an "AI displacement victim" and labeled it a bargain below $100 per share. Cramer urged investors to view recent price declines as buying opportunities, confident the stock will not halve again. Shopify provides a commerce platform for businesses managing products, orders, payments, and customer relations. The commentary underscores ongoing investor concerns over AI's potential impact on software companies but affirms Shopify's resilience and conservative outlook.

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Destiny Tech100 Gains Pre-Market as SpaceX IPO Buzz Mixes With AI Stock Warnings

Destiny Tech100 Gains on IPO Hopes for SpaceX

21 May 2026
Destiny Tech100 Inc. shares surged 18.1% to $57.40 midday Thursday after SpaceX’s IPO filing drew attention to the fund’s 14.5% exposure to the rocket company. DXYZ traded at 2.3 times its March 31 net asset value of $24.56. The fund also holds stakes in Anthropic and OpenAI, with cash making up 31.4% of assets. DXYZ remains volatile, still below its May 11 high near $71.
FuelCell Energy Shares Surge Again as AI Data Center Bet Drives Wall Street Action

FuelCell Energy Shares Surge Again as AI Data Center Bet Drives Wall Street Action

21 May 2026
FuelCell Energy shares soared 23.5% to $24.98 Thursday, extending a rebound as investors targeted fuel-cell firms amid rising AI data center power demand. The company named John Livingston to its board and set its next earnings call for June 8. Peer stocks Bloom Energy, Plug Power, and Nebius also rallied after Bloom and Nebius announced a 328 MW AI infrastructure fuel-cell deal.
Ondas Shares Slip After $196.6M AI Defense Contract

Ondas Shares Slip After $196.6M AI Defense Contract

21 May 2026
Ondas shares dropped 3.5% to $9.04 after closing its $196.6 million all-stock acquisition of Israel-based Omnisys. The deal registered 3.1 million shares for resale, raising concerns about increased stock supply. Ondas reported Q1 revenue of $50.1 million, up from $4.3 million a year earlier, but posted a $42.7 million operating loss.
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