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Tempus AI's stock soars as major investors buy into the precision medicine company, despite financial losses.
Tempus AI, a company using AI for precision medicine in healthcare, saw its stock holdings increase by major investors, with Bartlett & CO. doubling its shares to 800, and Sumitomo Mitsui Trust Group buying 1,016,384 shares.
Despite a negative net margin and return on equity, Tempus AI's revenue rose 75.4% to $255.74 million, beating analyst expectations.
The company's market cap stands at $11.52 billion.
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Las acciones de Tempus AI se disparan a medida que los principales inversores compran la compañía de medicina de precisión, a pesar de las pérdidas financieras.