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Introduction
Our Micro/Small Cap AI Stocks Portfolio went up 13.5% in July on top of a 3.2% increase in June but that strength has evaporated so far in August declining 13.8% MTD. Below are the performances of each of the constituents week-ending August 16th, in descending order, and MTD along with a description of the focus of each company, their market capitalizations, and the latest news, analyses and commentary where available.
This is an original article by Lorimer Wilson, Managing Editor of munKNEE.com, which was first posted on TalkMarkets.com where Lorimer is a prolific contributor (see here).
The munKNEE Micro/Small Cap AI Stocks Portfolio
- Evolv Technologies (EVLV): up 24.0% w/e August 16th; up 2.9% MTD
- EVLV screens people for threats without sacrificing the visitor experience.
- Market Capitalization: $562M
- Latest news, commentary and/or analysis:
- Rigetti Computing: (RGTI): up 13.9% w/e August 16th; down 12.6% MTD
- RGTI builds quantum computers and the superconducting quantum processors.
- Market Capitalization: $172M
- Latest news, commentary and/or analysis:
- D-Wave Quantum (QBTS): up 10.7% w/e August 16th; down 7.0% MTD
- develops and delivers quantum computing systems, software, and services worldwide.
- Market Capitalization: $187M
- Latest news, commentary and/or analysis:
- Applied Optoelectronics (AAOI): up 7.0% w/e August 16th; down 13.3% MTD
- AAOI provides fiber-optic access network products for the cable broadband, internet data center, telecom, and fiber-to-the-home markets.
- Market Capitalization: $339M
- Latest news, commentary and/or analysis:
- BigBear.ai (BBAI): up 4.1% w/e August !6th; down 16.6% MTD
- provides AI and machine learning to assist customers in aggregating, interpreting, and synthesizing data to enable real-time decision-making capabilities.
- Market Capitalization: $315M
- Latest news, commentary and/or analysis:
- SoundHound AI (SOUN): up 2.1% w/e August 16th; down 2.4% MTD
- SOUN offers voice AI solutions that let businesses offer conversational experiences to their customer in 25 different languages.
- Market Capitalization: $1,780M
- Latest news, commentary and/or analysis:
- Innodata (INOD): down 8.0% w/e August 16th; down 11.8% MTD
- INOD provides AI-enabled software platforms and managed services for AI data annotation, AI digital transformation, and industry-specific business processes.
- Market Capitalization: $495M
- Latest news, commentary and/or analysis:
- Digimarc Corporation (DMRC): down 8.4% w/e August 16th; down 18.5% MTD
- DMRC software provides digital identifiers designed to address counterfeiting, product authenticity, recycling accuracy, and supply chain traceability.
- Market Capitalization: $557M
- Latest news, commentary and/or analysis:
- Rekor Systems (REKR): down 9.7% w/e August 16th; down 28.0% MTD
- REKR leverages AI, machine learning, and holistic data to support the intelligent infrastructure for smart mobility.
- Market Capitalization: $116M
- Latest news, commentary and/or analysis:
- Verses AI (VRSSF): down 11.0% w/e August 16th; down 1.2% 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: $121M
- Latest news, commentary and/or analysis:
- None
Summary
The munKNEE Micro/Small Cap AI Stocks Portfolio was down 3.8% w/e August 16th and is now down 13.8% MTD. The average market capitalization of the 10 constituents is $459M.