Our Micro/Small Cap AI Stocks Portfolio Jumped 11.5% Last Week


person using MacBook Pro on tableImage Source: UnsplashIntroductionOur Micro/Small Cap AI Stocks Portfolio went up 11.5% last week and below are the performances of each of the constituents, last week and MTD, along with a description of the focus of each company, their market capitalizations, and the latest news, analyses and commentary where available. Keep in mind that percentages of a very small company may look bigger but involve much less money that the same percentage of a much larger company.The munKNEE Micro/Small Cap AI Stocks Portfolio

  • BigBear.ai (BBAI): up 36.5% last week; up 13.9% MTD

    • provides AI and machine learning to assist customers in aggregating, interpreting, and synthesizing data to enable real-time decision-making capabilities.
    • Market Capitalization: $430M
    • Latest news, commentary and/or analysis:
      • BigBear.ai and Concept Solutions team awarded shared IDIQ contract with U.S. Federal Aviation Administration to provide IT solutions and emerging tech
  • Applied Optoelectronics (AAOI): up 17.3% last week; up 1.7% MTD

    • AAOI provides fiber-optic access network products for the cable broadband, internet data center, telecom, and fiber-to-the-home markets.
    • Market Capitalization: $397M
    • Latest news, commentary and/or analysis:
      • Applied Optoelectronics Reports Second Quarter 2024 Results
  • D-Wave Quantum (QBTS): up 15.1% last week; up 7.0% MTD

    • develops and delivers quantum computing systems, software, and services worldwide.
    • Market Capitalization: $216M
    • Latest news, commentary and/or analysis:
      • D-Wave Quantum Reports Strong Q2 2024 Results
  • Evolv Technologies (EVLV): up 14.0% last week; up 17.3% MTD 

    • EVLV screens people for threats without sacrificing the visitor experience.
    • Market Capitalization: $641M
    • Latest news, commentary and/or analysis:
      • Evolv Technology Helps to Protect European Events This Summer
  • Innodata (INOD): up 12.2% last week; down 1.1% MTD 

    • INOD provides AI-enabled software platforms and managed services for AI data annotation, AI digital transformation, and industry-specific business processes.
    • Market Capitalization: $555M
    • Latest news, commentary and/or analysis:
      • Innodata Reports Second Quarter 2024 Results
  • Digimarc Corporation (DMRC): up 10.5% last week; down 9.9% MTD

    • DMRC software provides digital identifiers designed to address counterfeiting, product authenticity, recycling accuracy, and supply chain traceability.
    • Market Capitalization: $615M
    • Latest news, commentary and/or analysis:
      • Digimarc Second Quarter 2024 Earnings: Beats Expectations
  • Rigetti Computing: (RGTI): up 7.8% last week; down 5.8% MTD

    • RGTI builds quantum computers and the superconducting quantum processors.
    • Market Capitalization: $185M
    • Latest news, commentary and/or analysis:
      • Rigetti Introduces Novel Chip Fabrication Process For Scalable, High Performing QPUs
  • Rekor Systems (REKR): up 6.9% last week; down 23.1% MTD

    • REKR leverages AI, machine learning, and holistic data to support the intelligent infrastructure for smart mobility.
    • Market Capitalization: $124M
    • Latest news, commentary and/or analysis:
      • Rekor Secures SOC2 Type II Certification, Setting Standard for Roadway Data Protection
  • SoundHound AI (SOUN): up 1.2% last week; down 1.2% MTD

    • SOUN offers voice AI solutions that let businesses offer conversational experiences to their customer in 25 different languages.
    • Market Capitalization: $1.8 Billion
    • Latest news, commentary and/or analysis:
      • SoundHound AI Revenue Forecasts Just Upgraded By Industry Analysts 
  • Verses AI (VRSSF): down 7.4% last week; down 8.5% MTD

    • VRSSF offers a voice and text-based personal AI assistant designed to learn about its users in order to better organize, manage, and optimize their digital life.
    • Market Capitalization: $115M
    • Latest news, commentary and/or analysis:
      • Verses announces completion of a research collaboration with NASA Jet Propulsion Laboratory
  • SummaryThe munKNEE Micro/Small Cap AI Stocks Portfolio was up 11.5% last week compared to going down 3.8% the previous week and is now only down 3.9% MTD and down 5.7% YTD. The average market capitalization of the 10 constituents is $508M.More By This Author:Largest Psychedelic Compound -Based Clinical-Stage Drug Stocks Up 6% Last Week
    Hype In Cannabis Stocks Has Waned: Down 7%, On Average, This Week
    Semiconductor Sector Flat This Week; Down MTD; Here Are The Details Of 7 Segments

    Reviews

    • Total Score 0%
    User rating: 0.00% ( 0
    votes )



    Leave a Reply

    Your email address will not be published. Required fields are marked *