Tempus AI shares rise following executive order promoting AI to produce solutions for pediatric cancer

Shares of AI medical diagnostics company Tempus AI have shot up over 5% today. The stock is up over 150% for the year.

Yesterday, President Trump signed an executive order to boost the use of AI to “produce meaningful solutions to pediatric, adolescent, and young adulthood cancer,” which may be fueling the stock’s rise.

Last week, the company announced FDA approval of its Tempus xR IVD device, an RNA sequencing tool that allows doctors to tailor therapies for cancer patients.

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SpaceX gets a wave of bullish ratings from Wall Street analysts

SpaceX received more than a dozen positive analyst calls on Tuesday — including from major Wall Street banks — as they initiate coverage on Elon Musk’s space and AI company.

SpaceX went public on June 12 at a $2.2 trillion valuation, the largest debut in history. While the company hasn’t yet posted a profit, it seems to have convinced Wall Street that it will get there and grow its valuation on the way.

Of the at least 17 analysts that gave a rating on Tuesday, all but one gave it a “buy” or “outperform” rating. MoffettNathanson was "neutral."

The ratings come as SpaceX joined the Nasdaq 100 index, a benchmark tech-heavy basket of companies that underpins millions of portfolios. The inclusion adds built-in demand for the stock from index funds and ETFs.

Still, SpaceX fell more than 5% on Tuesday amid a broader sell-off, and is currently effectively flat from its opening price of $150 a share.

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Meta surges on report it’s starting a cloud business to sell excess AI compute

The story of the hyperscalers in 2026 has largely been “the beatings will continue until the cash flow outlook improves;” this could help change the story for Meta. Or not.

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