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Google-backed Tempus AI debuts on Nasdaq, gains 9% on first day of trading
Tempus AI is a diagnostics company that uses artificial intelligence (AI) to interpret medical tests, aiming to help doctors provide more accurate treatment options for patients. On Friday, the company debuted on the Nasdaq under the ticker “TEM”, and its stock price rose as much as 15% after the opening. Tempus AI issued 11.1 million shares at $37 per share on Thursday, at the high end of its initial target range of $35 to $37. The company raised $410 million through the IPO, with a total valuation of more than $6 billion. Although the stock price rose in early trading…- 1.8k
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Nvidia's market value surged by $1.35 trillion overnight, reaching a total market value of $2.8 trillion
On May 28th, local time, the U.S. stock market once again showed a mixed trend, with the three major indexes showing different performances after closing. Among them, the Nasdaq Composite Index (Nasdaq) rose against the trend by 0.59%, successfully breaking the historical record; while the Dow Jones Industrial Average (Dow) fell slightly by 0.55%; the S&P 500 rose slightly by 0.02%, maintaining a relatively stable market. The technology sector performed well, and most of the popular technology stocks rose. Nvidia became the focus of the market, with its stock price soaring by more than 7%, setting a new high again. This strong performance has caused Nvidia's market value to surge by US$187 billion...- 1.2k
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