In a nearly across the board sweep, nineteen price gainers and one unchanged stock drove the D20 to new heights this week. The D20 jumped 5.2 percent, closing at a record high of 223.51. The D20 easily outpaced the Dow, which gained 1 percent and the S&P 500 which added 1.4 percent and closed at 2459.27.
As the D20’s leading price percentage gainer this week, NVIDIA (NVDA) continues to hit new records and stun the market with its meteoric price rise. Its partnership with Baidu continues to enchant the market causing its price to rise 12.4 percent this week and closing at $164.95 per share. Because of its staggering share price run, gaining 625 percent since August 2015, NVIDIA is now 24% of the total value of the D20. This week’s 12.4 percent gain accounted for the more than half of the D20’s 5.2 percent increase.
The lone non-gainer of the week was Nissan (NSANY). It remained unchanged at $20.23 per share.
Visit the Driverless Transportation D20 Stock Index page to learn more about it and its component stocks.
Up and Comers:
Cortica, founded in Israel, is building AI systems based on analysis of how human and animal cortical networks process natural stimuli. Cortica is now applying those AI methods to “teach” autonomous vehicles with unsupervised learning.