Our Micro/Small Cap AI Stocks Portfolio Went Down 5% In August


An IntroductionThe artificial intelligence and related (AI&R) sector is going to play a major role in the future of technology and investing in it should generate fantastic returns over the next decade. That being said, however, most investors focus on the mega/large cap AI&R stocks that trade for hundreds of dollars per share yet there are a few less expensive, and potentially more explosive, micro- and small- cap AI&R stocks (i.e., stocks with market capitalizations above $100M but less than $2B) that will get you wider exposure to that growth with less money invested.To that end, MunAiMarkets.com has created a portfolio of 10 such stocks which it will monitor on a bi-weekly basis to keep you informed of their stock performances (weekly, MTD, YTD) and latest pertinent news, analyses and/or commentary under the Micro/Small Cap AI Stocks Portfolio banner. The Micro/Small Cap AI Stocks Portfolio

  • Applied Optoelectronics (AAOI): UP 18.8% in August

    • AAOI provides fiber-optic access network products for the cable broadband, internet data center, telecom, and fiber-to-the-home markets.
    • Market Capitalization: $464M
    • Latest news, commentary and/or analysis:
      • Applied Optoelectronics Reports Second Quarter 2024 Results
  • Evolv Technologies (EVLV): UP 13.5% in August 

    • EVLV screens people for threats without sacrificing the visitor experience.
    • Market Capitalization: $621M
    • Latest news, commentary and/or analysis:
      • Evolv Technology Reports Second Quarter Financial Results
  • BigBear.ai (BBAI): UP 5.3% in August

    • provides AI and machine learning to assist customers in aggregating, interpreting, and synthesizing data to enable real-time decision-making capabilities.
    • Market Capitalization: $398M
    • 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
  • D-Wave Quantum (QBTS): UP 1.0% in August

    • develops and delivers quantum computing systems, software, and services worldwide.
    • Market Capitalization: $203M
    • Latest news, commentary and/or analysis:
      • D-Wave Quantum Reports Strong Q2 2024 Results
  • SoundHound AI (SOUN): DOWN 3.9% in August

    • SOUN offers voice AI solutions that let businesses offer conversational experiences to their customer in 25 different languages.
    • Market Capitalization: $1,750M
    • Latest news, commentary and/or analysis:
      • SoundHound AI Second Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags
  • Digimarc Corporation (DMRC): DOWN 10.3% in August

    • DMRC software provides digital identifiers designed to address counterfeiting, product authenticity, recycling accuracy, and supply chain traceability.
    • Market Capitalization: $613M
    • Latest news, commentary and/or analysis:
      • Digimarc Second Quarter 2024 Earnings: Beats Expectations
  • Rigetti Computing: (RGTI): DOWN 10.7% in August

    • RGTI builds quantum computers and the superconducting quantum processors.
    • Market Capitalization: $175M
    • Latest news, commentary and/or analysis:
      • Rigetti Introduces Novel Chip Fabrication Process For Scalable, High Performing QPUs
  • Innodata (INOD): DOWN 10.7% in August 

    • INOD provides AI-enabled software platforms and managed services for AI data annotation, AI digital transformation, and industry-specific business processes.
    • Market Capitalization: $501M
    • Latest news, commentary and/or analysis:
      • Innodata Reports Second Quarter 2024 Results
  • Verses AI (VRSSF): DOWN 20.7% in August

    • 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: $98M
    • Latest news, commentary and/or analysis:
      • Verses announces completion of a research collaboration with NASA Jet Propulsion Laboratory
  • Rekor Systems (REKR): DOWN 33.1% in August

    • REKR leverages AI, machine learning, and holistic data to support the intelligent infrastructure for smart mobility.
    • Market Capitalization: $110M
    • Latest news, commentary and/or analysis:
      • Rekor Secures SOC2 Type II Certification, Setting Standard for Roadway Data Protection
  •  SummaryOur Micro/Small Cap AI Stocks Portfolio went DOWN 5.4% in August and the average market capitalization of the 10 constituents is now $467M.More By This Author:Largest Cannabis Stocks Are Down +10% In Last Two Days: Here’s Why
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