---
title: "U.S. stock night market fluctuations: Destiny Tech100 rose 10.02% in night trading, driven by the AI boom and SpaceX IPO boosting stock prices"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286177138.md"
description: "Destiny Tech100 rose 10.02% in the night session; Ares Capital rose 0.21% in the night session, with a trading volume of USD 17,600; BlackRock had a trading volume of USD 8,741; Innventure rose 3.08% in the night session, with a trading volume of USD 8,390"
datetime: "2026-05-13T01:21:39.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286177138.md)
  - [en](https://longbridge.com/en/news/286177138.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286177138.md)
---

# U.S. stock night market fluctuations: Destiny Tech100 rose 10.02% in night trading, driven by the AI boom and SpaceX IPO boosting stock prices

**U.S. Stock Night Market Movements**

Destiny Tech100 rose 10.02% in the night market. Based on recent key news:

1.  On May 11, Destiny Tech100's stock price increased by 9.8%, benefiting from the AI boom and strong demand for leading private tech companies. The company has become an agent for retail investors to access companies like SpaceX, Anthropic, and OpenAI, with market sentiment influenced by its portfolio companies and broader risk appetite. According to the Financial Times, Anthropic is considering a funding round that could value it above OpenAI; SpaceX is expected to go public in June, with a valuation potentially reaching $1.75 trillion, Reuters reported.
    
2.  On May 10, Destiny Tech100's stock price continued to rise, reflecting market optimism about the tech companies in its portfolio. The IPO plans of SpaceX and the funding news from Anthropic further propelled the stock price upward.
    
3.  On May 9, Destiny Tech100's stock price rose due to sustained market interest in AI and tech innovation. The company has increased by 78.3% year-to-date, demonstrating investor confidence in its future growth potential. The tech industry continues to be driven by the AI boom.
    

**Stocks with High Trading Volume in the Industry**

Ares Capital rose 0.21% in the night market. Based on recent key news:

1.  On May 11, Ares Capital released its latest financial report, showing a decrease in net asset value due to markdowns on valuations of software and other corporate loans. This news raised concerns in the market about the overall health of private credit funds, leading to stock price volatility.
    
2.  On May 11, Apollo Global Management announced that its direct lending fund, which includes investment-grade corporate loans, had a gross return of only 0.5%, significantly lower than 2.6% in the same period last year. This data reflects a decline in yields across the private credit industry, further impacting Ares Capital's stock price.
    
3.  On May 10, wealthy individual investors rushed to redeem funds due to concerns about the overall health of the funds. Many funds open to individual investors have limited redemption amounts each quarter to prevent runs, exacerbating investor anxiety and affecting Ares Capital's market performance. The private credit industry faces multiple challenges, with declining yields.
    

BlackRock, with a trading volume of $8,741. Based on recent key news:

1.  On May 12, BlackRock submitted a new application for a tokenized fund structure to the U.S. SEC, choosing Securitize to provide on-chain infrastructure support. This move is seen as BlackRock's further expansion following its success in BUIDL, driving market attention towards its tokenized financial products
    
2.  On May 12, BlackRock CEO Larry Fink expressed optimism about investing in Venezuela in New York, believing that the country is expected to return to its former glory. This optimistic outlook may boost market confidence in BlackRock's investments in emerging markets.
    
3.  On May 11, BlackRock disclosed changes in its shareholding during the transaction of shares in Fnac Darty, which may have affected the market's interpretation of its holding strategy. The surge in demand for AI infrastructure has driven the development of related industries.
    

Innventure rose 3.08% in after-hours trading. Based on recent key news:

1.  On May 11, Innventure's stock price broke through the previous 52-week high of $7.45, forming a new support level. This breakout may attract more buyers and drive the stock price higher. According to Benzinga data, the stock price rose 15.14% in pre-market trading.
    
2.  On May 11, technical indicators showed that the MACD was below the signal line, and the histogram was negative, indicating that upward pressure was weakening. If buyers cannot regain control, the stock price may face downward pressure.
    
3.  On May 11, investors are focused on the upcoming earnings report scheduled for May 14, with an expected loss of 35 cents per share and revenue projected at $1.64 million, a significant increase compared to last year. This expectation may influence market sentiment. Recent fluctuations in U.S. stocks have intensified, and risks need to be monitored

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- [DXYZ.US](https://longbridge.com/en/quote/DXYZ.US.md)
- [ARCC.US](https://longbridge.com/en/quote/ARCC.US.md)
- [BLK.US](https://longbridge.com/en/quote/BLK.US.md)
- [INV.US](https://longbridge.com/en/quote/INV.US.md)

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