Today: 24 June 2026
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NASDAQ:TEMP 7 January 2026 - 8 May 2026

Tempus AI Just Priced a $400 Million Debt Deal. Here’s What Investors Need to Watch

Tempus AI Just Priced a $400 Million Debt Deal. Here’s What Investors Need to Watch

Tempus AI priced a $400 million private sale of 0% convertible senior notes due 2032, upsized from $350 million, to repay $307.7 million in loans and fund operations. The deal follows first-quarter revenue of $348.1 million, up 36%, but a net loss widened to $125.9 million. Shares traded at $49.47 premarket, down $4.07. The notes convert at $69.26 per share, a 40% premium to the last close.
Tempus AI’s Big May: Why Q1 Results and First Investor Day Put TEM Stock in Focus

Tempus AI’s Big May: Why Q1 Results and First Investor Day Put TEM Stock in Focus

Tempus AI will report first-quarter results on May 5 and hold its first investor day on May 29. Merck’s CEO highlighted Tempus in remarks on the drugmaker’s AI efforts in precision oncology. Tempus shares traded near $55.44 Friday, with a market value of about $9.7 billion. The company reported 2025 revenue of $1.27 billion and forecast $1.59 billion for 2026.

Stock Market Updates

Transocean falls as oil drop puts offshore drillers under pressure

Transocean falls as oil drop puts offshore drillers under pressure

24 June 2026
Transocean shares plunged 4.5% to $5.04 as oil prices tumbled, raising risks of slower offshore drilling spending despite recent $185 million contract wins and a $7.1 billion backlog; investors remain focused on the $5.8 billion all-stock Valaris merger, now facing U.S. antitrust scrutiny.
Archer drops ahead of Texas decision, FAA testing remains a concern

Archer drops ahead of Texas decision, FAA testing remains a concern

24 June 2026
Archer Aviation shares dropped 3.8% to $5.05 after three straight declines as investors await Friday’s shareholder vote on moving legal incorporation to Texas, while the company advances its Midnight eVTOL aircraft into Phase 4 FAA certification testing amid ongoing cash burn and projected Q2 adjusted EBITDA loss of $170 million to $200 million.
IREN Limited falls on Bitcoin drop and AI spending worries

IREN Limited falls on Bitcoin drop and AI spending worries

24 June 2026
IREN plunged 9.5% to $49.51, underperforming AI and crypto peers, as investors weighed analyst splits on its shift from Bitcoin mining to AI cloud, risks to $4.4 billion revenue targets from chip delivery delays, and a 4.1% drop in Bitcoin, while recent Microsoft and Nvidia deals hinge on meeting strict project timelines.
Costco to open Pensacola warehouse on Nine Mile Road June 25

Costco to open Pensacola warehouse on Nine Mile Road June 25

24 June 2026
Costco shares rose $3.83 to $961.51 as the company prepares to open its first Pensacola warehouse Thursday, entering a local market already served by Sam’s Club and BJ’s Wholesale Club; Costco recently reported 11.6% fiscal Q3 net sales growth and is targeting 30+ net new warehouse openings per year, but warns competition and economic factors could impact results.
Dow climbs but S&P 500 and Nasdaq dip after tech weakens

Dow climbs but S&P 500 and Nasdaq dip after tech weakens

24 June 2026
Micron’s after-hours earnings, expected to show profit growth over 1,000% and revenue up 285%, became Wall Street’s top focus as tech stocks faded and analysts warned the stock is “priced for perfection,” leaving no room for disappointment, with AI spending and PCE inflation data keeping rate risks in play.
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