Opendoor Pivots to AI After Meme Stock Rally as Q3 Sales Drop 35%
Opendoor shares fell 22% after revealing Q3 revenue dropped 35% to $915M. New CEO Kaz Nejatian announces major shift to AI-powered software platform with return-to-office mandate.
Opendoor shares fell 22% after revealing Q3 revenue dropped 35% to $915M. New CEO Kaz Nejatian announces major shift to AI-powered software platform with return-to-office mandate.
MP Materials posts wider Q3 2025 loss after stopping China sales to meet U.S. government requirements. Company expects profit return in Q4 with Pentagon agreements.
Elon Musk says Tesla needs a "terafab"—a massive chip plant—to power its future in self-driving cars (Cybercab) and robots (Optimus). Musk says "worth having discussions" with Intel to make chips.
Peloton stock surges after beating Q1 expectations and issuing optimistic Q2 guidance. Company aims for profitable growth with new product lineup and AI features despite subscription decline.
DraftKings reports disappointing Q3 results with revenue missing estimates by $80M, cuts full-year guidance by $300M, and faces rising competition from prediction markets.
Block's Q3 earnings miss sends shares tumbling 10% as Square growth slows and adjusted EPS falls short of Wall Street estimates despite Cash App gains.