realestate

Opendoor Shares Jump 13% as Rate Cut Hopes Boost Real Estate

10 Stocks Beat Wall Street’s Bets; Opendoor (NASDAQ:OPEN) surges 13.37% to $7.97 Friday.

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pendoor Technologies (NASDAQ:OPEN) surged 13.4% to $7.97 on Friday, topping our list of 10 stocks beating Wall Street. The rally was driven by growing confidence that the Fed will cut rates. Economists now favor a 25‑basis‑point reduction after September’s softer‑than‑expected inflation, and the upcoming FOMC meeting is expected to confirm this move. A rate cut would boost borrowing for homebuyers, benefiting Opendoor and the broader real‑estate sector, and supports the company’s nationwide expansion plans. While OPEN shows promise, we think AI names offer higher upside. For a low‑priced AI stock that benefits from Trump tariffs and onshoring, see our free report. Next: 30 stocks that could double in 3 years and 11 hidden AI picks. No disclosure. Original source: Insider Monkey.

Opendoor shares rise 13% amid rate cut hopes, boosting US real estate.