Covering IPOs, Healthcare and Technology Stocks

Andrei Zakharov

Equity Capital Markets

<ul>
<li>Tempus AI, a healthcare IT company and provider of next-gen diagnostics, is expected to IPO next week. The company plans to raise $411M at the high end of the range.</li>
<li>The most recent S-1/A puts the expected price range per share at $35 to $37, implying a market cap of ~$6B at the midpoint.</li>
<li>Tempus AI provides personalized cancer care and brings AI to healthcare at scale. They train LLMs to develop AI applications and have the largest public genomic data sets in oncology</li>
</ul>


Tempus AI, a healthcare IT company and provider of next-gen diagnostics, is expected to IPO next week. The company plans to raise $411M at the high end of the range.
The most recent S-1/A puts the expected price range per share at $35 to $37, implying a market cap of ~$6B at the midpoint.
Tempus AI provides personalized cancer care and brings AI to healthcare at scale. They train LLMs to develop AI applications and have the largest public genomic data sets in oncology


Tempus AI IPO: AI in Diagnostics at Scale, Investor Sentiment Appears Positive

Market & Forensics Analyst, Beat the Street

Nimish Maheshwari

Market & Forensics Analyst

Beat the Street

Beat The Street was founded by Nimish Maheshwari and Sudarshan Bhandari, both of whom are Chartered Accountants by Profession, known for their expert analysis in the fields of Business, Sectoral analysis, and Corporate governance.

With a strong social media presence of 45,000+ Subscribers across various platforms, they are considered trusted voices in the industry. Their insights and analysis have been featured in some of India’s most prominent publications, including the Economic Times, Dalal Street Investment Journal, The Morning Context, and The Ken.

Their analysis on Bankrupt & Insolvent companies has been instrumental in saving investors from significant losses. They have a keen eye for identifying red flags and has identified exclusive redflags earlier in Vedanta, Nykaa, Dhani Services, Adani and many more.

Read Business Not Stock Prices

Thematic (Sector/Industry)

<ul>
<li>Microsoft's $650 million investment in Inflection under FTC investigation for potential undisclosed acquisition.</li>
<li>Texas introduces TXSE Group, backed by BlackRock, challenging NYSE and Nasdaq dominance.</li>
<li>Saudi Aramco's $11.2 billion stock offering supports Saudi Arabia's economic transformation.</li>
</ul>


Microsoft's $650 million investment in Inflection under FTC investigation for potential undisclosed acquisition.
Texas introduces TXSE Group, backed by BlackRock, challenging NYSE and Nasdaq dominance.
Saudi Aramco's $11.2 billion stock offering supports Saudi Arabia's economic transformation.


#14Business Buzz: Microsoft FTC Probe, TXSE Group Challenges NYSE, Aramco Aids Saudi Transformation

<ul>
<li>ECB Delivers 'Hawkish' Rate Cut Amid Revised Inflation and Growth Projections</li>
<li>Devon Energy Missed Out on the US Oil and Gas Mega-Deal Wave</li>
<li>Salesforce to Launch Flagship AI Center in London, Part of $4 Billion UK Investment</li>
</ul>


ECB Delivers 'Hawkish' Rate Cut Amid Revised Inflation and Growth Projections
Devon Energy Missed Out on the US Oil and Gas Mega-Deal Wave
Salesforce to Launch Flagship AI Center in London, Part of $4 Billion UK Investment


#13Business Buzz: ECB's 'Hawkish' Rate Cut, Nvidia's $3 Trillion Market Value, Salesforce AI Center

Taiwan Tech Focused Senior Analyst

Patrick Liao

Equity Bottom-Up

TSMC (Taiwan Semiconductor Manufacturing) - ADR / Equity Bottom-Up

TSMC (Taiwan Semiconductor Manufacturing) - ADR

<ul>
<li>
<a href="https://www.smartkarma.com/entities/taiwan-semiconductor-sp-adr" target="_blank" data-smartkarma-citation="entities:8587:1" rel="noopener">Taiwan Semiconductor (TSMC) - ADR (TSM US)</a> is planning to launch its 2nm in 2025.   </li>
<li>TSMC is expected to acquire one High-NA EUV machine this year for R&amp;D purposes, but it will not be used for commercial production.</li>
<li>TSMC is expected to increase the cost of its Chip-on-Wafer-on-Substrate (CoWoS) package by around 15% in 2H24.</li>
</ul>



Taiwan Semiconductor (TSMC) - ADR (TSM US) is planning to launch its 2nm in 2025.   
TSMC is expected to acquire one High-NA EUV machine this year for R&amp;D purposes, but it will not be used for commercial production.
TSMC is expected to increase the cost of its Chip-on-Wafer-on-Substrate (CoWoS) package by around 15% in 2H24.


TSMC (2330.TT; TSM.US): ASML's High-NA EUV Machine Will Not Be Required Until 2027 at TSMC.

<ul>
<li>Nvidia's stock soars 15%, aiming to make shares more accessible</li>
<li>TotalEnergies invests £450 million in UK power plant, enhancing renewables</li>
<li>Consolidation trend observed in Singapore's office market amid tech shifts</li>
</ul>


Nvidia's stock soars 15%, aiming to make shares more accessible
TotalEnergies invests £450 million in UK power plant, enhancing renewables
Consolidation trend observed in Singapore's office market amid tech shifts


#12Business Buzz: Nvidia's Stock Split, TotalEnergies' UK Power Play, Tencent's Singapore Shift

United States

NVIDIA Corporation designs, develops, and markets three dimensional (3D) graphics processors and related software.  The Company's products provide interactive 3D graphics to the mainstream personal computer market.

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NVIDIA Corp (NVDA US)

Tempus AI IPO: AI in Diagnostics at Scale, Investor Sentiment Appears Positive

Healthcare IT company Tempus AI is expected to IPO next week, making it one of several high-profile AI unicorns scheduled to go public this year.

Andrei Zakharov

#14Business Buzz: Microsoft FTC Probe, TXSE Group Challenges NYSE, Aramco Aids Saudi Transformation

Microsoft's investment in Inflection faces FTC scrutiny, Texas launches TXSE Group to rival NYSE and Nasdaq, Saudi Aramco's stock offering aids...

Nimish Maheshwari

#13Business Buzz: ECB's 'Hawkish' Rate Cut, Nvidia's $3 Trillion Market Value, Salesforce AI Center

ECB cuts rates despite improved economic outlook; Devon Energy misses out on industry consolidation; Salesforce invests in AI center in London as...

Nimish Maheshwari

TSMC (2330.TT; TSM.US): ASML's High-NA EUV Machine Will Not Be Required Until 2027 at TSMC.

Taiwan Semiconductor (TSMC) plans to launch 2nm chip in 2025, investing in R&D and increasing CoWoS package cost by 15% in 2H24.

Patrick Liao

#12Business Buzz: Nvidia's Stock Split, TotalEnergies' UK Power Play, Tencent's Singapore Shift

Nvidia's stock surges, TotalEnergies invests in UK renewables, and Singapore's office market sees consolidation due to tech changes.

Nimish Maheshwari

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Tempus AI IPO: AI in Diagnostics at Scale, Investor Sentiment Appears Positive

​Healthcare IT company Tempus AI is expected to IPO next week, making it one of several high-profile AI unicorns scheduled to go public this year.

Andrei Zakharov

#14Business Buzz: Microsoft FTC Probe, TXSE Group Challenges NYSE, Aramco Aids Saudi Transformation

​Microsoft's investment in Inflection faces FTC scrutiny, Texas launches TXSE Group to rival NYSE and Nasdaq, Saudi Aramco's stock offering aids...

Nimish Maheshwari

#13Business Buzz: ECB's 'Hawkish' Rate Cut, Nvidia's $3 Trillion Market Value, Salesforce AI Center

​ECB cuts rates despite improved economic outlook; Devon Energy misses out on industry consolidation; Salesforce invests in AI center in London as...

Nimish Maheshwari

TSMC (2330.TT; TSM.US): ASML's High-NA EUV Machine Will Not Be Required Until 2027 at TSMC.

​Taiwan Semiconductor (TSMC) plans to launch 2nm chip in 2025, investing in R&D and increasing CoWoS package cost by 15% in 2H24.

Patrick Liao

#12Business Buzz: Nvidia's Stock Split, TotalEnergies' UK Power Play, Tencent's Singapore Shift

​Nvidia's stock surges, TotalEnergies invests in UK renewables, and Singapore's office market sees consolidation due to tech changes.

Nimish Maheshwari

Healthcare IT company Tempus AI is expected to IPO next week, making it one of several high-profile AI unicorns scheduled to go public this year.

Microsoft's investment in Inflection faces FTC scrutiny, Texas launches TXSE Group to rival NYSE and Nasdaq, Saudi Aramco's stock offering aids...

ECB cuts rates despite improved economic outlook; Devon Energy misses out on industry consolidation; Salesforce invests in AI center in London as...

Taiwan Semiconductor (TSMC) plans to launch 2nm chip in 2025, investing in R&D and increasing CoWoS package cost by 15% in 2H24.

Nvidia's stock surges, TotalEnergies invests in UK renewables, and Singapore's office market sees consolidation due to tech changes.