Tempus AI (TEM) saw its stock soar 5.14% in pre-market trading on Monday, continuing its upward momentum from overnight trading. This surge comes as part of a broader rally in AI-related stocks, with several tech giants and AI-focused companies showing significant gains.
The pre-market jump follows Tempus AI's 4% increase in overnight trading, as reported in the latest market updates. This rise aligns with the performance of other AI application software companies, with AppLovin also seeing a notable 3.2% increase during the same period.
The rally in AI stocks appears to be driven by positive sentiment in the tech sector, particularly around artificial intelligence. Major tech companies like Tesla, Meta, Nvidia, Amazon, and Alphabet all saw gains, with Tesla leading the pack with a 3% increase. The optimism in the AI sector is further bolstered by recent developments, such as Nvidia's strong outlook for its Blackwell architecture and increased orders from major cloud providers.
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