By Marco Piccolo Key highlights: Opendoor stock is down 21% in pre-market trading after disappointing Q3 earnings and a weak Q4 outlook The company posted Q3 revenue of $915 million, beating estimates, but missed on EPS and adjusted EBITDA CEO Kaz Nejatian outlined a long-term path to profitability, but short-term losses and declining transactions rattled […]
Tag: ICF
By Peter Wind Key highlights: Silver has retreated from its recent high of $54.3 to $48.3 per ounce, with short-term forecasts pointing to a further dip to $44.7 by late November. CoinCodex’s algorithmic forecast predicts silver could surge to $111 by October 2026, marking a potential 131.2% increase from current levels. Analysts cite robust industrial […]
By Marco Piccolo Key highlights: Amazon shares jumped 5% to a record high following a $38 billion cloud infrastructure deal with OpenAI. OpenAI will use AWS’s Nvidia GPU-powered servers to scale its AI workloads, including ChatGPT. The agreement underscores intensifying demand for AI compute and competition among cloud providers. Trade on Plus500 CFDs are complex […]