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As always in such ventures, the retail investor has played a starring role in this adventure, much like the gold rush prospectors of yore. These investors, many of whom were spurred on by viral social media threads on platforms like X and Reddit, initially jumped on Opendoor’s bandwagon during a brief meme-stock rally. They were convinced that Opendoor was the next Carvana, a fellow business that had danced with doom only to reemerge in a blaze of glory. But of course, hedge fund managers are n…

But the twists and turns didn’t stop there. As if the gods of finance had cast their favor on Opendoor once again, a subpar unemployment report in early August gave rise to hopes that the Fed might act decisively and lower interest rates. Such dreams are often fragile, but in this case, they had legs. The stock shot upwards, pausing only to catch its breath after a less-than-impressive earnings report. But the real kicker came in mid-August, when news that Wheeler was resigning sent the stock soaring….

By August 22nd, the stock had risen by nearly 40%, thanks to Fed Chair Jerome Powell’s Jackson Hole address, which hinted at imminent rate cuts. Such a proclamation is like a symphony to the ears of investors, and Opendoor’s stock surged accordingly, with the price rising again at the start of September. What a curious spectacle this has been! A real-life drama, played out in the heart of the financial markets, complete with rising fortunes, strategic resignations, and interest rate chatter that would…

Can Opendoor Keep Gaining? A Question for the Ages

Now that Opendoor has risen from its depths, the burning question remains: Can it sustain this newfound vitality? It’s a remarkable turnaround, to be sure. Just two months ago, Opendoor was languishing around $0.50 per share, a price so low it could only have been viewed with pity by even the most charitable observer. Now, it hovers at over $5 per share, and the market cap has swelled to $3.8 billion. But like any good story, the ending has yet to be written. The business will need to show tangible im…

After all, as every investor knows, the market is less about the journey and more about the destination. Will Opendoor remain the hero of this saga, or will it collapse under the weight of its own hype? Only time will tell, but for now, the show must go on. 📈

The electric vehicle industry’s darling, or perhaps its most beleaguered jester, executed a 10-for-1 reverse stock split on Tuesday. A maneuver so quintessentially British in its absurdity: trading ten shillings for a pound, only to find the pound has been spent on a single rose for the grave of ambition.

Bluestone’s upgrade to ‘Outperform’ (buy) carries a 4.30 euro ($5.01) price target, anchored to Nokia’s $2.3 billion acquisition of Infinera – a transaction finalized in February after regulatory approvals. The analyst posits that Infinera’s optical networking expertise creates synergies with AI-driven data center expansion, positioning Nokia to capitalize on hyperscaler capital expenditures.

The department store chain, a relic in a world of digital phantoms, delivered Q2 earnings that left Wall Street clutching its pearls. Adjusted EPS of $0.41 and $4.81 billion in sales-numbers that might have made a saint weep, or a cynic laugh. The company, like a drunkard raising a glass to the moon, raised its full-year outlook, as if hope could fill its coffers.

Shield Compliance, a firm that tends to the financial orchards of the cannabis world, sowed its 2025 survey like a sower casting seeds into frozen ground. The question it posed-when will federal rescheduling bloom?-was less a query than a lament, a sigh from the soil itself. Eighty-eight respondents, their hands calloused by years of tending to this uncertain harvest, gave the odds of 2025 rescheduling a score of 34. A number that feels less like a forecast and more like the hush of a windless day.

Summer brought fleeting euphoria to nuclear startups, fueled by presidential decrees and the fevered imagination of policymakers. President Trump’s executive order anointing advanced nuclear tech transformed NuScale-a single, fragile sapling approved by the Nuclear Regulatory Commission-into a symbol of salvation. Yet what is approval but a parchment shield against the abyss? The company, starved for contracts beyond a Romanian mirage, clings to the illusion of potential. Its existence: a Sisyphean opera, forever pushing designs uphill, only to watch them tumble into the void of irrelevance.

Turns out, math is the ultimate party pooper. For every $1 you waste on a lottery ticket, you’ll statistically recoup about 67 cents in prizes. But hold up-those jackpot numbers are basically corporate jargon. The $1.4 billion headline? It’s a mirage. Take the lump sum and you’re staring at $634 million-45% of the dream. It’s like being promised a corner office and getting a desk in the supply closet.

Investors, those fickle little creatures, have begun to whisper tales of worry. The Trade Desk, once a glimmering knight of advertising innovation, now faces a dragon named “slowing growth.” Its once-vaunted valuation, a gilded crown, has dimmed, leaving many to wonder if the magic has fled.