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Tempus AI stretches rally as co and SoftBank launch AI healthcare JV

BUZZ-Tempus AI stretches rally as co and SoftBank launch AI healthcare JV ** Shares of genetics testing firm Tempus AI TEM.O , backed by SoftBank 9984.T , up ~7% early Thurs, adding to ~10% gain in prior session ** SoftBank has launched joint venture with Tempus aiming to analyze personal medical data with artificial intelligence to come up with treatment recommendations, CEO Masayoshi Son told a briefing in Tokyo on Thurs ** The cos expected to each put $93 mln into the JV, which is anticipated
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SoftBank-backed Tempus AI sinks to new post-IPO lows

BUZZ-SoftBank-backed Tempus AI sinks to new post-IPO lows ** Shares of Tempus AI TEM.O , genetics testing firm backed by SoftBank 9984.T , down 2.7% at $24.63 on Tues and now off ~33% from IPO price ** Stock drops as much as 9.6% to $22.89 on the session ** TEM shares on track to fall for fifth time in past six days since closing up nearly 9% at $40.25 in their Jun 14 debut ** Tempus, founded in 2015 and has yet to turn a profit, raised ~$411 mln by selling 11.1 mln shares at $37 , top end of ma
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SoftBank-backed Tempus AI extends slump after strong listing

BUZZ-SoftBank-backed Tempus AI extends slump after strong listing Updates ** Shares of SoftBank 9984.T -backed Tempus AI TEM.O tumble as much as ~ 21 % to slump for the third straight session ** The genetics testing firm, led by Groupon GRPN.O co-founder Eric Lefkofsky, closed up 8.8% at $40.25 on its market debut on Friday, June 14 ** Shares fell 9.4% on Monday and 16.9% on Tuesday ** Tempus, which was founded in 2015 and is yet to post a profit, raised $410.7 mln by selling 11.1 mln shares at
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SoftBank-backed Tempus AI extends slump after strong listing

BUZZ-SoftBank-backed Tempus AI extends slump after strong listing ** Shares of SoftBank 9984.T -backed Tempus AI TEM.O tumble as much as 20% to slump for the third straight session ** The genetics testing firm, led by Groupon GRPN.O co-founder Eric Lefkofsky, closed up 8.8% at $40.25 on its market debut on Friday, June 14 ** Shares fell 9.4% on Mon
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SoftBank-backed Tempus AI tumbles well below IPO price

BUZZ-SoftBank-backed Tempus AI tumbles well below IPO price ** Shares of Tempus AI TEM.O , genetics testing firm backed by SoftBank 9984.T , down 16% at $30.65 on Tues in their third day of trading ** TEM, which shed ~9% on Mon, tumbles as low as $30.31 on the session ** Stock now >17% below $37 IPO price set late Thurs after co raised ~$411 mln by selling 11.1 mln shares ** TEM traded as high as $43.88 in debut on Fri before closing at $40.25 ** Co led by Groupon GRPN.O co-founder Eric Lefkofsk
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IBM settles lawsuit against Rakuten over e-commerce patents

IBM settles lawsuit against Rakuten over e-commerce patents By Blake Brittain June 17 (Reuters) - International Business Machines Corp IBM.N has settled a lawsuit accusing Japan's Rakuten 4755.T of infringing IBM patents related to e-commerce technology, Delaware federal court records showed on Monday. U.S. District Judge Gregory Williams said in an oral order that he was "pleased to hear that the parties have reached an agreement to settle this case," according to an entry on the court's docket
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Tempus AI prices US IPO at over $6 bln valuation

UPDATE 1-Tempus AI prices US IPO at over $6 bln valuation Updates with details in paragraph 2,3 and background in paragraph 4,5 June 13 (Reuters) - SoftBank Group-backed 9984.T Tempus AI set the pricing of its U.S. initial public offering at $37 per share on Thursday, aiming to raise $410.7 million. The genetics-testing company priced its IPO at the higher end of is targeted range of $35 to $37, valuing the firm at about $6.10 billion, based on the outstanding shares listed in its filing with th
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SoftBank-backed Tempus AI seeks up to $6.1 bln valuation in US IPO

UPDATE 2-SoftBank-backed Tempus AI seeks up to $6.1 bln valuation in US IPO Adds background and details on competitors, customers and funding in paragraphs 4-10 June 5 (Reuters) - Tempus AI, backed by Japanese tech investment firm SoftBank Group 9984.T , is targeting a valuation of up to $6.10 billion for its U.S. initial public offering, nearly three years after the genetics-testing company laid the ground for its listing.
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Precision-medicine IPO deserves Groupon discount

BREAKINGVIEWS-Precision-medicine IPO deserves Groupon discount The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Robert Cyran NEW YORK, May 31 (Reuters Breakingviews) - Personalized cancer treatments developed using genetic data crunched by artificial intelligence under the watch of a board that includes a Nobel laureate is the sort of business that should be an easy sell in today’s stock market.
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U.S. STOCKS H&R Block, McDonald, Groupon

BUZZ-U.S. STOCKS ON THE MOVE-H&R Block, McDonald, Groupon Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 U.S. stock indexes were mixed on Friday, but looked on track for weekly gains ahead of key inflation readings next week that could provide more clues on how soon the Federal Reserve will start cutting interest rates.
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Groupon shares surge 30% after qtrly report exceeds expectations

BUZZ-Groupon shares surge 30% after qtrly report exceeds expectations ** Shares of Groupon GRPN.O surge >30% on Fri, on track for biggest daily pct gain since Mar 2021, after e-commerce marketplace late Thurs reported Q1 rev above LSEG consensus expectations ** Stock last up 31% at $13.76 ** Rev in qtr of $123.1 mln, up 1% yr/yr, topped avg analyst
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Groupon Q1 Revenue USD 123.1 Million

BRIEF-Groupon Q1 Revenue USD 123.1 Million May 09 (Reuters) - Groupon Q1 adjusted EBITDA USD 19.5 million. Q1 gross profit USD 110.6 million Q1 billings USD 381.1 million Q1 net income USD -11.5 million
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Groupon Inc <GRPN.OQ> expected to post earnings of 5 cents a share - Earnings Preview

Groupon Inc expected to post earnings of 5 cents a share - Earnings Preview Groupon Inc GRPN.OQ GRPN.O is expected to show a fall in quarterly revenue when it reports results on May 9 for the period ending March 31 2024 The Chicago Illinois-based company is expected to report a 3.4% decrease in revenue to $117.45 million from $121.61 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.The company's guidance on March 15 2024, for the period ended March 31, was
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U.S. Berkshire Hathaway, Parker-Hannifin, Quaker Houghton

U.S. RESEARCH ROUNDUP- Berkshire Hathaway, Parker-Hannifin, Quaker Houghton May 6 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Berkshire Hathaway, Parker-Hannifin and Quaker Houghton, on Monday. HIGHLIGHTS * Berkshire Hathaway BRKa.N : KBW raises target price to $660,000 from $645,000 * Essex Property Trust Inc ESS.N : Piper Sandler raises target price to $315 from $291 * Parker-Hannifin Corp PH.N : Jefferies cuts
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면책조항: XM Group 회사는 체결 전용 서비스와 온라인 거래 플랫폼에 대한 접근을 제공하여, 개인이 웹사이트에서 또는 웹사이트를 통해 이용 가능한 콘텐츠를 보거나 사용할 수 있도록 허용합니다. 이에 대해 변경하거나 확장할 의도는 없습니다. 이러한 접근 및 사용에는 다음 사항이 항상 적용됩니다: (i) 이용 약관, (ii) 위험 경고, (iii) 완전 면책조항. 따라서, 이러한 콘텐츠는 일반적인 정보에 불과합니다. 특히, 온라인 거래 플랫폼의 콘텐츠는 금융 시장에서의 거래에 대한 권유나 제안이 아닙니다. 금융 시장에서의 거래는 자본에 상당한 위험을 수반합니다.

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이 웹사이트에 포함된 모든 의견, 뉴스, 리서치, 분석, 가격, 기타 정보 또는 제3자 사이트에 대한 링크와 같이 XM이 준비하는 콘텐츠 뿐만 아니라, 제3자 콘텐츠는 일반 시장 논평으로서 "현재" 기준으로 제공되며, 투자 조언으로 여겨지지 않습니다. 모든 콘텐츠가 투자 리서치로 해석되는 경우, 투자 리서치의 독립성을 촉진하기 위해 고안된 법적 요건에 따라 콘텐츠가 의도되지 않았으며, 준비되지 않았다는 점을 인지하고 동의해야 합니다. 따라서, 관련 법률 및 규정에 따른 마케팅 커뮤니케이션이라고 간주됩니다. 여기에서 접근할 수 있는 앞서 언급한 정보에 대한 비독립 투자 리서치 및 위험 경고 알림을 읽고, 이해하시기 바랍니다.

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