Destiny Tech100 Gains on IPO Hopes for SpaceX

Destiny Tech100 Inc. surged 18.1% at midday Thursday, picking up new buyers after SpaceX’s IPO filing brought attention to one of the fund’s largest holdings. DXYZ last traded at $57.40, pulling back from a high of $58.56. The SPDR S&P 500 ETF and Invesco QQQ both edged lower.

MicroAlgo Shares Surge 40% as Quantum Release Drives MLGO Spike

MicroAlgo Shares Surge 40% as Quantum Release Drives MLGO Spike

MicroAlgo Inc. stock surged 39.95% Wednesday after the Shenzhen-based algorithm developer announced a proposed quantum image edge-extraction algorithm for noisy images. The news fueled heavy trading in MLGO, a small-cap name known for big swings. Shares finished the day at $5.36 after hitting $6.87 earlier, then dipped to $5.22 in after-hours trading, which means trades after the closing bell.
Meta kicks off 4 a.m. layoff emails as AI drive leads to 8,000 job cuts

Meta kicks off 4 a.m. layoff emails as AI drive leads to 8,000 job cuts

Meta Platforms started sending layoff notices to employees early Wednesday, kicking off a planned reduction of about 10% of its global workforce, or close to 8,000 jobs. The company, which owns Facebook and Instagram, is moving staff and budgets toward artificial intelligence. Layoff notifications went out in waves starting at 4 a.m. local time in different regions. U.S. workers were told to stay home, according to Business Insider.
San Antonio’s New Battery Bet Comes Just as CPS Outages Get Longer

San Antonio’s New Battery Bet Comes Just as CPS Outages Get Longer

OCI Energy and CPS Energy have started construction on a 120-megawatt battery storage project in southeastern Bexar County, moving a long-planned grid resource into the build phase as San Antonio’s public utility deals with longer outages and rising power demand. The Alamo City Battery Energy Storage System, or BESS, is meant to charge when power is available and discharge when electricity demand is high.
20 May 2026
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US Stock Market Today Updates

AI PORTFOLIO

Top Stock Picks

Today’s highest-ranked model selections.

#1 STRONG BUY

Kodiak Gas Services

NYSE:KGS • Energy infrastructure 88/100 • ★★★★☆
#2 STRONG BUY

Neurocrine Biosciences

NASDAQ:NBIX • Healthcare 87/100 • ★★★★☆
#3 STRONG BUY

Alphabet Class A

NASDAQ:GOOGL • Communication services 85/100 • ★★★★☆
#4 BUY ON WEAKNESS

Applied Materials

NASDAQ:AMAT • Semiconductor equipment 84/100 • ★★★★☆
#5 ACCUMULATE

JPMorgan Chase

NYSE:JPM • Financials 80/100 • ★★★★☆
View full portfolio
Editorial model selection. Not personalised advice.
MARKET CALENDAR

Key Events Today

The catalysts most likely to move markets.

#1

Consumer Confidence • 10:00 ET

A large surprise can reset expectations for household spending and near-term growth, with read-through to Treasuries, USD and cyclical stocks.

#2

New Home Sales • 10:00 ET

Housing remains highly rate-sensitive; the print can move homebuilders, mortgage-sensitive names and the long end of the Treasury curve.

#3

Intuit earnings • After close

Guidance can influence software multiples and sentiment around U.S. small-business activity.

View full calendar
Times and estimates may change. Verify before trading.