Shares of Tempus AI (TEM), a healthcare AI company, surged 31% in Tuesday's intraday trading session. This significant price movement was driven by two key factors.
Firstly, reports emerged that former Speaker of the House Nancy Pelosi executed bullish options trades on Tempus AI shares. According to financial disclosures, Pelosi purchased 50 call options on Tempus AI on January 14th, with a strike price of $20 and an expiration date of January 16, 2026. The total value of this trade was estimated between $50,000 and $100,000.
Secondly, Tempus AI announced the national launch of "olivia," an AI-powered personal health concierge app designed to empower patients by centralizing their health data and providing actionable insights through AI. The app allows patients to access over 1,000 health systems, sync data from health devices, and manually upload health records. olivia then organizes the data and leverages AI to provide personalized insights, such as summarizing health status or highlighting relevant clinical trials. The launch of this innovative AI-driven healthcare solution further fueled investor enthusiasm for Tempus AI's potential.
Pelosi's trades often attract considerable attention from investors, given her position and potential access to non-public information. In this case, the market appears to have interpreted her purchase of Tempus AI and Vistra Energy call options as a bullish signal.
Nancy Pelosi, representing California's 11th congressional district, recently made several significant trades involving stocks of high-profile tech companies, according to a congressional trade report.
Between Dec. 20 and Jan. 17, Pelosi made nine transactions, most of which (seven) were purchases. All of the buys, though, were purchases of stock options. She also made two sales. On Dec. 31, the former Speaker sold 31,600 shares of Apple stock for $7.91 million. That same day she also sold 10,000 shares of Nvidia for $1.34 million.
Most of her trades involved stocks she already owned, including Alphabet, Amazon, and Palo Alto Networks. It’s clear Pelosi remains plugged into the tech sector and the trades totaled in the millions of dollars.
Pelosi purchased 50 call options of energy stock Vistra (NYSE:VST), which had a strike price of $50 and an expiration date of Jan. 16, 2026. The transaction was worth between $500,000 and $1 million.
Shares of Vistra have been racing higher since the start of the year, rising 24% compared to a 2% gain by the S&P 500. While it was one of the largest electricity providers in Texas, its purchase of Energy Harbor last year catapulted it into becoming the country’s second-largest nuclear power generation provider.
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