Latest news with #TEM
Business Wire
08-08-2025
- Business
- Business Wire
Deadline Soon: Tempus AI, Inc. (TEM) Investors Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz About Securities Fraud Lawsuit
LOS ANGELES--(BUSINESS WIRE)-- The Law Offices of Frank R. Cruz reminds investors of the upcoming August 12, 2025 deadline to participate as a lead plaintiff in the securities fraud class action lawsuit filed on behalf of investors who acquired Tempus AI, Inc. ('Tempus' or the 'Company') (NASDAQ: TEM) common stock between , inclusive (the 'Class Period'). IF YOU ARE AN INVESTOR WHO LOST MONEY ON TEMPUS AI, INC. (TEM), CLICK HERE TO PARTICIPATE IN THE SECURITIES FRAUD LAWSUIT. What Happened? On May 28, 2025, Spruce Point Capital published a report alleging, among other things, that Tempus' AI capabilities were overstated, and that Company's recent financial guidance revision revealed weakness in its core operations. On this news, Tempus' stock price fell $12.67, or 19.2%, to close at $53.20 per share on May 28, 2025, thereby injuring investors. What Is The Lawsuit About? The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) Tempus inflated the value of contract agreements, many of which were with related parties, included non-binding opt-ins and/or were self-funded; (2) the credibility and substance of the joint venture with SoftBank was at risk because it gave the appearance of 'round-tripping' capital to create revenue for Tempus; (3) Tempus-acquired Ambry had a business model based on aggressive and potentially unethical billing practices that risked scrutiny and unsustainability; (4) AstraZeneca had reduced its financial commitments to Tempus through a questionable 'pass-through payment' via a joint agreement between it, the Company and Pathos AI; (5) the foregoing issues revealed weakness in core operations and revenue prospects; and (6) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times. If you purchased or otherwise acquired Tempus securities between August 6, 2024 and May 27, 2025, the deadline to seek appointment as the lead plaintiff in the securities fraud class action is August 12, 2025. Contact Us To Participate or Learn More: If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact us: Frank R. Cruz The Law Offices of Frank R. Cruz, 2121 Avenue of the Stars, Suite 800, Century City, California 90067 Email us at: info@ Call us at: 310-914-5007 Visit our website at Follow us for updates on Twitter: If you inquire by email, please include your mailing address, telephone number, and number of shares purchased. To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Black America Web
08-07-2025
- Politics
- Black America Web
Texas Politician Called Out For Fleeing After Heavy Floods
Source: X / x Last Friday (July 4th), catastrophic floods surged through central Texas, devastating towns and leaving a death toll that currently stands at least 89 people including many from a private girls' summer camp. The focal point of that flooding lies in Kerr County, northwest of San Antonio. Dalton Rice, the city manager of Kerrville, spoke briefly to reporters on Sunday (July 5) before dashing out to avoid further questions, a move that earned him scorn his abrupt departure, a reported asked Rice: 'One of the questions that still hasn't been answered three days into this is despite TEM's warning on July 2nd and July 3rd that something like this could have happened, that the threat existed, why that information didn't get down at the camps and why they weren't evacuated?'Rice replied, 'We want to make sure that we continue to focus — we still have 11 missing children that we want to get reunited with their families,' the city manager replied. 'Until we can get reunited with our families, we are not going to stop until we do.' As he turned to leave, he added, 'So, thank you.'The reported shouted, 'Sir, was any emergency alert given out on the 4th that morning of?', 'adding, 'Did anyone get an alert?' As Rice and others exited, the reporter shouted, 'Sir, there are families who deserve better than that!' Rice also came under fire for claiming that he saw no issue after jogging in one of the flooded areas at 3 A.M. before the rains came. The lack of response from Kerr County was compounded by the fact that they do not have an enhanced flood warning system, despite residents pushing for one. According to the Texas Tribune, there was a bill in the state legislature to establish such a system, but it was defeated due to cost concerns from fiscal conservatives. Even if it was passed, the system was not expected to take effect until after September 1. The Trump administration is also under fire for needlessly dismantling parts of the National Weather Service as well as FEMA. According to reporting by CNN, Secretary of Homeland Security Kirsti Noem appeared on Fox & Friends on Monday (July 7) and stated that she didn't see any breakdown in local emergency warning systems, and that Texas' response is 'what President Trump has envisioned for FEMA, is immediately allowing the state to do the response and supporting them every way that they can.' 1. CBS News Texas 2. Toofpick Will 3. Rudy Koski 4. FunWithTheTheoBros 5. Charlie The Texan 6. Pam Gillespie 7. BeGreatSaints SEE ALSO Texas Politician Called Out For Fleeing After Heavy Floods was originally published on
Yahoo
02-07-2025
- Business
- Yahoo
Tempus AI (TEM) Falters on $400-Million Debt Issue
Tempus AI, Inc. (NASDAQ:TEM) is one of the . Tempus AI dropped for a second day on Monday, shedding 4.48 percent to close at $63.54 apiece following the announcement of a $400-million debt issuance. In a statement, Tempus AI, Inc. (NASDAQ:TEM) said that it plans to raise the funds through a convertible senior notes issuance to qualified institutional buyers. The notes have a tenor of five years and will mature in July 2030. Tempus AI, Inc. (NASDAQ:TEM) also granted an overallotment option of up to $60 million, which can be exercised within a 13-day period beginning on the date the notes are first issued. The notes will be general unsecured obligations and will accrue interest payable semiannually in arrears unless earlier converted, redeemed, or repurchased. Upon conversion, the company will either pay in cash or a combination of cash and shares for its Class A common shares. Tempus AI, Inc. (NASDAQ:TEM) said proceeds from the offer will be used to repay $274.7 million worth of outstanding senior secured term loans, including any unpaid premium and interest, strategic acquisitions, and general corporate purposes, among others. A technician in a lab coat standing in a cleanroom with energy storage systems in the background. If the buyers exercise their overallotment option, the company said proceeds from the overallotment will be used to purchase additional notes and for other general corporate purposes. While we acknowledge the potential of TEM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
24-06-2025
- Business
- Yahoo
Tempus AI, Inc. (TEM): A Bull Case Theory
We came across a bullish thesis on Tempus AI, Inc. on Make Money, Make Time's Substack by Oliver | MMMT Wealth. In this article, we will summarize the bulls' thesis on TEM. Tempus AI, Inc.'s share was trading at $65.65 as of June 23rd. A healthcare professional holding a device with innovative technology developed by the medical technology company. Tempus AI (TEM) is a high-growth healthcare technology company that has captured investor attention, particularly due to its association with artificial intelligence. However, despite its positioning in the market, TEM is not yet a pure AI play, with approximately 75% of its revenue still derived from its core genomics business. While the company has a compelling long-term vision and remains high on watchlists, its current fundamentals raise concerns. TEM is unprofitable, and although it enjoys a strong retail investor base and impressive growth, this alone is not enough to justify a large investment position. Valuation remains a sticking point: the stock trades at 9.4x next-twelve-month (NTM) sales and an extremely stretched EV/EBITDA multiple of 450x. These levels suggest the stock price may have outpaced the underlying business fundamentals, fueled in part by speculative sentiment and the publicity surrounding notable investor interest, including trades linked to Nancy Pelosi. Despite these valuation concerns, TEM does exhibit several attractive characteristics—chief among them, its visionary leadership and the optionality embedded in its evolving AI-driven healthcare model. In the near term, the stock is expected to experience significant volatility, which could create tactical trading opportunities for investors. However, until profitability improves and the AI narrative becomes more embedded in its actual revenue mix, TEM remains a speculative play with more questions than answers. For now, it's a stock better suited for watchlists than core portfolios, but one that could become much more compelling as the business matures and valuation becomes more grounded in reality. Previously, we covered a on Tempus AI, Inc. by Oliver | MMMT Wealth in April 2025, which highlighted the company's diversified model, strong growth, and undervaluation at 6.0x NTM sales. The stock has appreciated approximately 52% since our coverage. The thesis still stands. In this new thesis, Oliver | MMMT Wealth emphasizes the long-term potential and warns investors about short-term volatility. Tempus AI, Inc. is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 21 hedge fund portfolios held TEM at the end of the first quarter which was 17 in the previous quarter. While we acknowledge the risk and potential of TEM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
24-06-2025
- Business
- Business Wire
Law Offices of Howard G. Smith Encourages Tempus AI, Inc. (TEM) Investors To Inquire About Securities Fraud Class Action
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Tempus AI, Inc. ('Tempus' or the 'Company') (NASDAQ: TEM) common stock between , inclusive (the 'Class Period'). Tempus investors have until August 12, 2025 to file a lead plaintiff motion. IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN TEMPUS AI, INC. (TEM), CONTACT THE LAW OFFICES OF HOWARD G. SMITH TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT. Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at howardsmith@ by telephone at (215) 638-4847 or visit our website at What Happened? On May 28, 2025, Spruce Point Capital published a report alleging, among other things, that Tempus' AI capabilities were overstated, and that Company's recent financial guidance revision revealed weakness in its core operations. On this news, Tempus' stock price fell $12.67, or 19.2%, to close at $53.20 per share on May 28, 2025, thereby injuring investors. What Is The Lawsuit About? The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) Tempus inflated the value of contract agreements, many of which were with related parties, included non-binding opt-ins and/or were self-funded; (2) the credibility and substance of the joint venture with SoftBank was at risk because it gave the appearance of 'round-tripping' capital to create revenue for Tempus; (3) Tempus-acquired Ambry had a business model based on aggressive and potentially unethical billing practices that risked scrutiny and unsustainability; (4) AstraZeneca had reduced its financial commitments to Tempus through a questionable 'pass-through payment' via a joint agreement between it, the Company and Pathos AI; (5) the foregoing issues revealed weakness in core operations and revenue prospects; and (6) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times. Contact Us To Participate or Learn More: If you purchased Tempus common stock, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us: Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020, Telephone: (215) 638-4847 Email: howardsmith@ Visit our website at: This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
