Tempus AI (TEM, Financial) just set the market on fire, surging more than 64% in the past five days, after dropping two game-changers: a high-profile bet from none other than Nancy Pelosi, and its new AI-powered healthcare app, Olivia. Olivia consolidates patient health records fromover 1,000 healthcare systems and digital health devices into a single, AI-driven platform, giving users an interactive timeline, summaries, and instant insights. CEO Eric Lefkofsky called it essential in patient care, making health data more accessible and actionable than ever. With AI's role in healthcare expanding fast, investors are paying close attention.
Previously, a new disclosure revealed that the former House Speaker scooped up 50 call options for Tempus AI stock at a $20 strike price, worth between $50,000 and $100,000. Pelosi's trades have outpaced the market, delivering a 70.9% return in 2024—crushing the S&P 500's 25% gain. Naturally, traders are jumping on board, hoping to ride the wave. When someone with her track record makes a move, the market listens.
Even with today's monster rally, Tempus AI is still down nearly 35% from its November peak, highlighting the sector's volatility. But with AI healthcare heating up and Pelosi making bold bets, the stock has fresh momentum. Whether it can sustain the hype depends on execution, but for now, Tempus AI is back in the spotlight, and investors are taking notice.