The United States' macroeconomic environment was favorable to large-cap companies and unfriendly to small-caps through the first half of 2024. That changed in July.

Best Performers:These were the 10 best-performing small caps (defined as a market cap between $500 million and $10 billion) in July, according to data fromBenzinga Pro:

• Serve Robotics Inc(NASDAQ:SERV) shares surged an astonishing 803%.

Serve Robotics, the top performer of any publicly traded company, received attention from investors afterNVIDIA Corp disclosed a 10% stake in the company. The Uber-backed company developed an advanced, AI-robotics mobility platform, with last-mile delivery in cities...