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Opendoor Stock Surges on Shopify COO Move – Will AI Magic Keep It Rising?
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Opendoor Stock Surges on Shopify COO Move – Will AI Magic Keep It Rising?
Company Fundamentals & Business Model Opendoor makes money by buying homes with an algorithmic price offer and reselling them to consumers or investors. Its strength is a large proprietary dataset and instant-offer platform, but it carries risks (inventory carrying costs, model accuracy). After struggling to generate cash flow early on, Opendoor is emphasizing profitability: it achieved positive adjusted EBITDA in Q2 mlq.ai and promises to get t…
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