Will Invidia’s Stock Price Go up This Week? And Will Trump Win? By Gene W. Edwards. Posted 7/21/2024.

I think it will. Last week was a bad week for NASDAQ, one day in particular when it dropped over 500 points! Invidia, in particular, has had many down days since June 11, and its price right now of about $120 a share is what it was on June 11, 40 days ago.

I wrote you a column about how market investors and speculators are looking, instead, for small A.I. and small high-tech companies that seem to be on the growing edge. In short, they are trying to flee Nvidia’s hold on the whole A.I. marketplace and find startups that could become giants, their stock climbing, and climbing, and climbing.

I wrote you in particular about Serve Robotics’ meteoric stock rise on Friday, 7/19! But let’s look at a bigger picture.

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I researched what all those allegedly marvelous new A.I. companies are all about. Yahoo Finance listed 11 of them. Here are their stock symbols: DUOT; DRIO; CXAI; INOD; BBAI; SOUN; MITK; LMND; PERI; FSLY; VRNT. Go to “Yahoo Finance,” type-in the stock symbol for each on the search line — and then get ready to be underwhelmed! The trend line on most of them looks like a yoyo. Most are not steadily-climbing in stock price but are now midrange or all over the place, whereas NVIDIA invented the mousetrap and is catching clients left and right — and bought into Serve Robot to consolidate its trajectory. That’s why I suspect the immediate bet is on NVIDIA.