Will Interest Rate Cuts Boost Opendoor Stock?

News Source : Forbes
News Summary
- Opendoor Technologies stock (NASDAQ:OPEN) began the week on a negative note with shares declining nearly 9% on Monday.
- However, the stock has still risen about 13% over the last five trading days.
- Last Friday, Fed Chair Jerome Powell indicated that an interest rate cut might occur in September.
- Opendoor has discussed integrating generative AI into its operations in areas like pricing models, marketing, and in-home evaluations.
- This may provide the company with a competitive advantage in a low-margin sector.
CANADA 2025/08/04 In this photo illustration, the Opendoor Technologies (Open Door) logo is seen displayed on a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via [+4198 chars]