U.S. Markets closed

  • S&P Futures

    4,019.25
    +18.00 (+0.45%)
     

  • Dow Futures

    32,563.00
    +129.00 (+0.40%)
     

  • Nasdaq Futures

    12,934.75
    +44.50 (+0.35%)
     

  • Russell 2000 Futures

    1,757.60
    +9.90 (+0.57%)
     

  • Crude Oil

    69.66
    +0.40 (+0.58%)
     

  • Gold

    1,976.30
    -7.50 (-0.38%)
     

  • Silver

    23.27
    -0.06 (-0.27%)
     

  • EUR/USD

    1.0781
    +0.0016 (+0.1509%)
     

  • 10-Yr Bond

    3.3800
    -0.0260 (-0.76%)
     

  • Vix

    21.74
    -0.87 (-3.85%)
     

  • GBP/USD

    1.2245
    +0.0014 (+0.1175%)
     

  • USD/JPY

    130.7430
    +0.0420 (+0.0321%)
     

  • BTC-USD

    28,063.65
    +630.26 (+2.30%)
     

  • CMC Crypto 200

    597.33
    -21.06 (-3.41%)
     

  • FTSE 100

    7,405.45
    -94.15 (-1.26%)
     

  • Nikkei 225

    27,385.25
    -34.35 (-0.13%)
     

Why Opendoor's Stock Came to Life This Week

Travis Hoium, The Motley Fool
·2 min read
Why Opendoor's Stock Came to Life This Week

Week to date, shares of home marketplace company Opendoor Technologies (NASDAQ: OPEN) were up 37.4% through Thursday's market close, according to data provided by S&P Global Market Intelligence, after investors jumped back into high-risk stocks. The stock has cratered from a high of $11.39 in the last year all the way to under $1 per share, but it has recovered on the hope that the housing market won't be as bad as feared. It certainly helps that investors are bidding up a lot of the tech stocks that have gotten crushed over the past year.

Continue reading

Recommended Stories

  • 'A serious problem': Big South Korean auto firms face heat as State Farm, Progressive now refuse to cover certain models — here’s why these cars are too risky to insure

    This is a TikTok challenge you don’t want to get behind.

  • A $300,000 Annuity Will Pay You This Much Monthly

    When you need another stream of income for retirement, you might consider an annuity. You purchase the annuity from an insurance company and receive payments back at a later date. Before buying an annuity, it's important to consider how much … Continue reading → The post How Much Does a $300,000 Annuity Pay Per Month? appeared first on SmartAsset Blog.

  • J.P. Morgan Analysts Say These 2 Stocks Are Their Top Picks for 2023

    In the investing world, the art of “stock picking” is crucial for success; investors must choose the right stocks to invest in to achieve strong returns. Therefore, when Wall Street experts label a stock as a ‘Top Pick,’ it’s a significant indication that the stock has great potential, and investors should take note. Using the TipRanks platform, we’ve looked up the details on two stocks that have recently gotten ‘Top Pick’ designation from the analysts at banking giant J.P. Morgan. So, let’s div

  • Billionaire Barry Sternlicht Is Heavily Invested in This 15%-Yielding Dividend Stock for Steady Income Growth

    Following multiple recent bank collapses, some on Wall Street estimated the Fed would step back from its by-now customary rate hikes when it convened to discuss its monetary policy last week. That did not happen, however, and Fed chair Jerome Powell announced another 0.25 percentage point rate increase. One prominent investor thinks that was unnecessary and counterproductive. “Obviously he (Fed Chair Jerome Powell) didn’t need to do what he did,” billionaire Barry Sternlicht said, likening the a

  • Bearish Bets: 3 Stocks You Should Consider Shorting This Week

    Using technical analysis of the charts of those stocks, and, when appropriate, recent actions and grades from TheStreet's Quant Ratings, we zero in on three names. While we will not be weighing in with fundamental analysis, we hope this piece will give investors interested in stocks on the way down a good starting point to do further homework on the names. Children's Place recently was downgraded to Sell with a D+ rating by TheStreet's Quant Ratings.

  • I'm Buying Doug Kass' Case for Schwab

    Real Money writer Doug Kass made mention this week a few times that he is building up a position in Charles Schwab Corporation . The stock has dropped some 30% since the implosion earlier this month in Silicon Valley Bank . Insiders have purchased over $6 million shares in aggregate since SVB's debacle.

  • Roth IRA Withdrawal Rules and Penalties You Probably Don't Know About But Should

    Roth IRAs are one of the many ways you can save for retirement. Their key benefit – you can withdraw funds in retirement without paying taxes on the distributions – has made them very popular among tax-savvy investors. Still, there … Continue reading → The post Roth IRA Withdrawal Rules and Penalties appeared first on SmartAsset Blog.

  • Dow Jones Futures Rise With No Big Bank News; Microsoft, Tesla Near Buy Points

    Dow Jones futures rose modestly Sunday evening, along with S&P 500 futures and Nasdaq futures. A stock market rally attempt is ongoing, but the indexes have been volatile while breadth has been narrow. The Russell 2000 hit 2023 lows with bank stocks, but small caps and banks edged up for the week.

  • I'm 50. Is This Enough Money to Have in My 401(k) Right Now?

    Most Americans have less in their retirement accounts than they'd like, and much less than the rules say they should have. So, obviously, if that describes you then you're not alone. Now, most financial advisors recommend that you have between five … Continue reading → The post How Much Should I Have in My 401(k) at 50? appeared first on SmartAsset Blog.

  • Most Americans Retire at This Age

    Determining when to retire can be tough. There are various factors to consider, including your financial situation, your health, and the lifestyle you wish to enjoy once you retire. While the decision of when to retire is personal to you, … Continue reading → The post When Do People Retire on Average appeared first on SmartAsset Blog.

  • Medicare Advantage plans seem enticing, but here are 12 things to consider before signing up

    Medicare Advantage plans are an increasingly popular alternative to Traditional Medicare, but you need to be careful before signing up.

  • Jeremy Siegel says there's a silver lining to the current bank crisis — making him more optimistic about 2024. Is the famed economist onto something?

    Recent turmoil = a more bullish outlook? Here's how

  • Panic Around Deutsche Bank Being The 'Next Credit Suisse' Spreads

    The fall of 167-year-old Credit Suisse , which UBS committed to acquire on March 19, has thrown the European banking world in crisis. Shares of Stoxx Europe 600, which is made up of the 600 biggest banks in Europe, are down 4% from a month ago while German giant Deutsche Bank 's stock has been falling for three consecutive days. Over the last few years, Deutsche Bank in particular has been through a lot of tumult.

  • Is There Actually an RMD Cut-Off Age?

    Required minimum distributions (RMDs) are the minimum amount that you must withdraw from certain tax-advantaged retirement accounts. They begin at age 72 or 73, depending on your circumstances and continue indefinitely. There is, unfortunately, no age when RMDs stop. You … Continue reading → The post At What Age Do RMDs Stop? appeared first on SmartAsset Blog.

  • Ukraine Latest: Russia Says Drone Strikes Town South of Moscow

    (Bloomberg) -- Vladimir Putin said Russia is preparing to station tactical nuclear weapons in Belarus, escalating a confrontation with the US and its allies. Most Read from BloombergBond Traders Go All-In on US Recession Bets That Defy Fed ViewGreenland Solves the Daylight Saving Time DebatePutin Ups the Ante With Nukes in BelarusValley National, First Citizens Said to Bid on Silicon ValleyUS Mulls More Support for Banks While Giving First Republic TimeUkraine’s foreign ministry on Sunday called

  • Lululemon, Intel, Carnival, Micron, Walgreens, and More Stocks to Watch This Week

    BioNTech, Carnival, Lululemon, McCormick, Micron, and Walgreens Boots Alliance report this week. Plus, banking regulator testimony, housing data, and consumer confidence.

  • Tesla Aggressively Increases Production

    Tesla wants to continue to dominate the automotive industry in the coming years. After seeing the rivals get closer, Elon Musk's group has unleashed an offensive in recent months to repel them. Tesla has lowered the prices of all its models, from the popular Model 3 and Model Y to the very luxurious Model X and Model S.

  • Bond Traders Go All-In on US Recession Bets That Defy Fed View

    (Bloomberg) -- Bond investors are piling into wagers that a US recession is around the corner amid a growing dissonance between how markets and the Federal Reserve see the outlook for the economy.Most Read from BloombergBond Traders Go All-In on US Recession Bets That Defy Fed ViewGreenland Solves the Daylight Saving Time DebatePutin Ups the Ante With Nukes in BelarusValley National, First Citizens Said to Bid on Silicon ValleyUS Mulls More Support for Banks While Giving First Republic TimeThe g

  • 5 Things to Invest in When a Recession Hits

    When the market is soaring, it's easy to forget that what goes up can also come down. But economic slowdowns tend to be cyclical, which means that another recession is in the future. Whether it's fast-approaching or still a ways off, it's … Continue reading → The post 5 Things to Invest in When a Recession Hits appeared first on SmartAsset Blog.

  • Ask an Advisor: I'm 81, Have a $118K Mortgage and a $110K IRA. Should I Withdraw From My Investments to Pay off My Mortgage?

    I am 81 years old. I have a home mortgage balance of $118,300. I also have a $110,000 rollover individual retirement account (IRA) invested with a bank. Should I withdraw the money from my investment and put the money to … Continue reading → The post Ask an Advisor: I'm 81, Have a $118K Mortgage and a $110K IRA. Should I Withdraw From My Investments to Pay off My Mortgage? appeared first on SmartAsset Blog.