US Stock Market Move | Medical concept stocks with AI technology are trending strong, with Illumina (ILMN.US) rising more than 18%.
On Friday, the concept stocks of AI medical companies strengthened.
On Friday, shares of AI medical concept stocks were strong. Illumina (ILMN.US) surged over 18% after earnings, CRISPR Therapeutics (CRSP.US) rose over 6%, Hims & Hers Health (HIMS.US) surged over 5%, Tempus AI (TEM.US), and Teladoc Health (TDOC.US) rose over 2%. In terms of news, Illumina exceeded expectations in the third quarter with an adjusted earnings per share (EPS) of $1.34, higher than the market's expectation of $1.19 (18% increase from last year's $1.14). Revenue was $1.084 billion, flat year-over-year but still higher than the market's expectation of $1.065 billion, thanks to accelerated growth in the clinical business segment, offsetting restrictions in the Chinese market and broader market resistance.
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