That’s why this medical AI stock surged 35 percent on Tuesday.

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Tempus AI CEO Eric Lefkofsky shakes hands with Tempus AI COO Ryan Fukushima, Chairman and CEO of Masayoshi Son SoftBank Center, as they appear at the monitor during a news conference on June 27, 2024 in Tokyo, Japan.

  • Tempus AI shares had their best day on record on Tuesday after the company launched its AI-powered health hub.

  • The stock got a boost from former House Speaker Nancy Pelosi, who disclosed the company’s stake in a stock trading announcement on Tuesday.

  • Some analysts expect software companies like Tempus to be the main adopters of AI this year as they roll out AI agents — digital assistants with more autonomous capabilities than chatbots.

Tempus AI (TEM) stock had its best day on Tuesday after the medical tech company launched an AI-powered health clinic and former House Speaker Nancy Pelosi announced she was bidding on the stock.

Tempus on Tuesday morning launched Olivia, an AI-enabled personal healthcare app designed to bring patients’ health-related information into one central location and provide actionable insights using advanced AI.

The app can integrate with Apple Watch and Google Fitness to track a user’s day-to-day health, summarize their clinical history and book doctor’s appointments, according to the press release. Eric Lefkofsky, CEO of Tempus, said, “Olivia emphasizes more than just organizing information; it’s an active partner that patients navigate through their health and care.”

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

The market’s reaction to Olivia may point to the AI ​​narrative on Wall Street. As of 2022, the Magnificent Seven and other companies essential to building an AI infrastructure are the main users of the AI ​​frenzy. In November, Goldman Sachs analysts predicted an AI revolution. Enter “Step 3”. This year, a wide variety of companies will see artificial intelligence meaningfully contributing to their top and bottom lines. Software companies in particular expect to benefit from AI agents like Olivia – digital assistants with more autonomous capabilities than chatbots like ChatGPT.

Tempus stock got a higher than normal stock trading announcement on Jan. 14 from former House Speaker Nancy Pelosi, who bought 50 call options expiring in Jan. 2026. strike price 20 dollars. Tempus stock closed below $32 during Pelosi’s trading day and closed at $47.64 on Tuesday.

Pelosi, whose husband owns a venture capital firm, is one from Washington. Very successful traders. In 2023, the ETF, which tracks investments by congressional Democrats, was launched under the symbol “NANC” in Pelosi’s name.

Pelosi’s disclosure on Tuesday shows that she has purchased call options Look (VSTShares rose 8 percent Tuesday, as did cybersecurity firm Palo Alto Networks (PANW) showed a growth of more than 3%. Pelosi’s other investments include a stake in AlphabetGOOG)(GOOGLE), Amazon (AMZN), and Nvidia (NVDA). She sold some of her shares in Nvidia and Apple (APL) on the 2024 deadline.

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