News
DXYZ
16.94
+5.61%
0.90
Weekly Report: what happened at DXYZ last week (0506-0510)?
Weekly Report · 1d ago
Meta's Chief AI Scientist Clashes With Early OpenAI Investor Vinod Khosla: 'Clearly...Can Profit Financially From A Closed Source Approach To AI'
Chief AI Scientist of Meta Platforms, Yann LeCun, disagrees with Vinod Khosla's support of closed-source AI. He thinks the investor is worried about China getting its hands on the technology. Lecun says Khsla's financial motivations are the main reason for his support of openAI.
Benzinga · 1d ago
Meme Fund Mania: Is DXYZ Stock Your Ticket to the Hottest Private Companies?
The Destiny Tech100 fund enables access to otherwise uninvestable preferred stocks. DXYZ stock can get indirect exposure to SpaceX, OpenAI and other tech-focused businesses. The fund is called a meme fund because it invests in unusual, high-risk assets. The key is to only hold a small number of DXyZ stock shares.
Investorplace · 5d ago
Weekly Report: what happened at DXYZ last week (0429-0503)?
Weekly Report · 05/06 12:58
DXYZ And The Fakers Dozen, 13 Stocks With Huge Downside Risk
Traditional investment strategies are no longer effective in modern markets. Algorithms make investing more like a voting machine. Most buy ratings are unreliable. The market doesn't care what investors think. Investing has gone mainstream in a way long-termers could never have imagined.
Seeking Alpha · 05/03 19:36
OpenAI's Sam Altman Says 'We're Making AGI' And It Will Be 'Worth It:' 'Don't Care If We Burn $500M Or $50B'
OpenAI CEO Sam Altman has expressed a commitment to the development of artificial general intelligence. Altman says he doesn't care if the project costs $500 million or $50 billion a year. Microsoft Corp. Has poured $13 billion into the AI startup. The company's primary goal is to advance AI research.
Benzinga · 05/03 09:58
Sam Altman's OpenAI And Amazon-Backed Anthropic Face Serious Competition From These Chinese Startups Backed By Alibaba, Xiaomi And More
Zhipu AI, Moonshot AI, MiniMax, and 01.ai are among four Chinese AI start-ups valued at $1 billion or more. The companies are now set to compete with U.S. Giants like Microsoft-backed OpenAI and Amazon-backed Anthropic.
Benzinga · 05/03 09:23
3 Surprising Ways to Hedge Against Inflation
Investing in private equity and precious metals can provide a hedge against inflation. Fine art and rare collectibles can also provide a way to profit during inflationary surges. Some of the largest gains in these asset classes are in the art and jewelry markets. Inflation has cooled but is still above the Federal Reserve's target range of 2%.
The Motley Fool · 04/30 10:15
Weekly Report: what happened at DXYZ last week (0422-0426)?
Weekly Report · 04/29 13:06
BUZZ-U.S. STOCKS ON THE MOVE-Chevron, Intel, Alphabet
Dow Jones Industrial Average was up 0.65% on Friday. Alphabet pushed its market value over $2 trillion. Top three S&P 500 percentage losers: Chevron, Intel, Alphabet and Exxon Mobil. The Nasdaq Composite was up 2.31%. Wall Street's main indexes advanced after robust quarterly results.
Reuters · 04/26 18:04
BUZZ-U.S. STOCKS ON THE MOVE-HCA Healthcare, ResMed, LyondellBasell
Dow Jones Industrial Average was up 0.24% on Friday. Alphabet pushed its market value over $2 trillion. Most growth stocks rose after robust quarterly results from Alphabet. HCA Healthcare, ResMed, LyondellBasell were among the top stocks on the NYSE.
Reuters · 04/26 16:02
NYSE HALT DSTNY TCH100 ORD <DXYZ.N> ADD INFO LST $19.540000
Reuters · 04/26 13:33
Destiny Tech100: Why I Wouldn’t Touch DXYZ Stock With a 10-Foot Pole
Investorplace · 04/25 10:00
CORRECTED-UPDATE 1-Fund offering 'venture capital' exposure sends investors on meme-like ride
Shares of Destiny Tech100 are up some 200% since its March 27 launch. The fund allows shareholders access to privately owned technology companies. Morningstar and competitor ARK Investment Management have criticized the fund's structure and fees. Destiny Tech 100 owns stakes in about 25 private technology and growth companies.
Reuters · 04/23 22:55
Fund offering 'venture capital' exposure sends investors on meme-like ride
Fund offering 'venture capital' exposure sends investors on meme-like ride. Shares of Destiny Tech100 DXYZ.N are up some 200% since its March 27 launch. The fund allows shareholders access to privately owned technology companies. Morningstar and competitor ARK Investment Management have criticized the fund.
Reuters · 04/23 14:15
BUZZ-U.S. STOCKS ON THE MOVE-AZZ, Vanda Pharma, Matterport
U.S. Stocks rose on Monday in choppy trading. The Dow Jones Industrial Average was up 1.01% at 38,371.51. The top three S&P 500 percentage gainers were Ford Motor Co, Nvidia and Vanda Pharma. The market is looking ahead to major tech earnings and a key inflation print this week. AZZ, Vanda Pharmaceutical and Matterport are up on the day.
Reuters · 04/22 18:10
NYSE HALT DSTNY TCH100 ORD <DXYZ.N> ADD INFO LST $26.790000
Reuters · 04/22 13:36
BUZZ-U.S. STOCKS ON THE MOVE-Verizon, Tesla, Vista Outdoor
U.S. Stocks poised to open higher on Monday. Easing Middle East tensions buoyed risk appetite. Dow e-minis up 0.56% at 38,421.75. Top three NYSE percentage gainers: Brunswick Corp, KB Financial, Vista Outdoor. Tesla down 4.3% premarket.
Reuters · 04/22 13:24
Weekly Report: what happened at DXYZ last week (0415-0419)?
Weekly Report · 04/22 12:46
Exploring ARK and Destiny's Rival Approaches to Private Market Investments
ARK Investment Management and Destiny Tech100 engage in a public rivalry over access to private investments for retail investors. ARK criticized Destiny's DXYZ fund for its high premium and lack of investor liquidity. The two firms aim to bridge the gap between public and private markets.
Barchart · 04/18 14:26
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About DXYZ
Destiny Tech100 Inc. (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is to maximize the portfolio’s total return, principally by seeking capital gains on equity and equity-related investments. Under normal market conditions, the Fund will invest at least 80% of its total assets in equity and equity-linked securities of companies principally engaged in the technology sector. The Fund will invest in the equity and equity-linked securities of what it believes to be rapidly growing venture-capital-backed emerging companies, located in the United States. The Fund may also invest on an opportunistic basis in select United States publicly traded equity securities or certain non-United States companies that otherwise meet its investment criteria. It concentrates its investments in companies operating in one or more industries within the technology group of industries. Destiny Advisors LLC serves as the investment adviser to the Fund.