Amazon's Betting Big on This Unknown AI Company

Amazon has just made a stunning $144 million investment in one small AI company. Why? Because this under-the-radar firm holds the key to unleashing the full potential of next-gen AI... Its technology is crucial for the most advanced AI chips, including Nvidia's latest breakthrough.

Trump Media & Technology And Grindr Were Among The 10 Biggest Mid-Cap Stock Gainers Last Week (June 23 - June 29): Are These In Your Portfolio?

Lekha Gupta
June 30, 2024

These mid-cap stocks were the best performers in the last week. Are they in your portfolio?

    1. Tempus AI, Inc. (NASDAQ:TEM) shares jumped 30.43% after the company announced it received U.S. FDA 510(k) clearance for its Tempus ECG-AF device, which uses AI to help identify patients who may be at increased risk of atrial fibrillation/flutter.
    2. Enovix Corporation (NASDAQ:ENVX) shares jumped 29.70% after it signed a Memorandum of Understanding (MOU) with Elentec Co, a consumer electronic battery pack manufacturing company in Asia
    3. Grindr Inc. (NYSE:GRND) stock escalated 27.50% after the company raised its full-year revenue guidance ahead of its first investor day.
    4. Trump Media & Technology Group Corp. (NASDAQ:DJTWW) equity warrant stock gained 18.33% after the company said that it expects to receive over $69.4 million from the cash exercise of warrants on June 20 and 21, 2024.
    5. Credo Technology Group (NASDAQ:CRDO) shares increased 18.30% after TD Cowen upgraded the stock from Hold to Buy and raised its price target from $24 to $35.
    6. Tecnoglass Inc. (NYSE:TGLS) stock grew 17.90% after the company announced that its Board of Directors is reviewing the company’s strategic alternatives. Also, the company reiterated its FY24 guidance.
    7. STAAR Surgical Company (NASDAQ:STAA) shares are up 16.55%.
    8. RXO Inc. (NYSE:EXO) shares gained 16.22% last week following the announcement of Coyote Logistics’ acquisition from UPS.
    9. Global-E Online Ltd (NASDAQ:GLBE) stock gained 16.21% last week.
    10. SentinelOne Inc (NYSE:S) shares gained 15.47% after DA Davidson maintained a Neutral rating on the stock and raised its price forecast from $17 to $18.5.

    Read Next:

    • Moderna And Walgreens Boots Alliance Were Among The 10 Biggest Large Cap Losers Last Week (June 23 – June 29): Are These In Your Portfolio?
    • Rivian Automotive And Carvana Were Among The 10 Biggest Large Cap Gainers Last Week (June 23-June 29): Are These In Your Portfolio?

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