Here’s Why This Medical AI Stock Soared 35% on Tuesday

• Shares of Tempus AI had their best day on Tuesday after the company launched an AI-powered health watch.

• The stock also received a boost from former House Speaker Nancy Pelosi, who revealed the company’s stock in a stock trading disclosure on Tuesday.

• Some analysts expect software companies such as Tempus to be the main beneficiaries of AI this year as they introduce AI agents, digital assistants with greater autonomy than chatbots.

Tempus AI (DIOCESEStocks had their best day on Tuesday after a medical technology company launched an artificial intelligence-powered healthcare center and former House Speaker Nancy Pelosi revealed she was betting on the stock.

On Tuesday morning, Tempus launched olivia, “an AI-enabled personal healthcare concierge app designed to empower patients by bringing their health data into one central location and using advanced AI to deliver actionable insights.”

The app, according to a press release, can be integrated with Apple Watch and Google Fit to track the user’s daily health, summarize his clinical history and transcribe doctors’ appointments.Tempus CEO Eric Lefkofsky emphasized that Olivia “goes beyond organizing information.” . it’s an active partner” to patients navigating their health and care.

Tempus shares jumped 35.5% on Tuesday, the biggest one-day jump since the shares debuted in June.

The market’s reaction to Olivia may reflect the changing story of AI on Wall Street. Since 2022, the Magnificent Seven and other companies vital to the creation of artificial intelligence infrastructure have been major beneficiaries of the AI ​​frenzy analysts predicted that the artificial intelligence revolution would take place enter “Phase 3” this year, in which a wider range of companies will see artificial intelligence significantly contribute to their top and bottom lines. They expect software companies in particular to benefit when they deploy AI agents like Olivia, digital assistants which can have more autonomy than chatbots like ChatGPT.

Tempus shares also received a boost from a routine stock trading disclosure by former House Speaker Nancy Pelosi, who on Jan. 14 bought 50 call options expiring in January 2026. strike price from $20. Tempus shares closed just below $32 on Pelosi’s day of trading and closed at $47.64 on Tuesday.

Pelosi, whose husband owns a venture capital firm, is one Washington firm most prolific traders. The ETF, which tracks investments by congressional Democrats, launched in 2023 under the ticker “NANC,” a nod to Pelosi’s credentials.

Pelosi’s disclosure on Tuesday showed that she also bought call options View: (VST:), whose shares rose 8% on Tuesday, as well as cybersecurity firm Palo Alto Networks (PANW:), which advanced by more than 3%. Pelosi’s other investments included shares of Alphabet (GOOG:)(GOOGLE:), Amazon (AMZN:), and Nvidia (NVDA:) He sold some of his shares in Nvidia and Apple (AAPL:) on the last day of 2024.

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