LPRO
NASDAQ · Financial Services
Open Lending Corp
$3.11
-0.01 (-0.32%)
LPRO News30 articles
Circle Shares Tumble 15% as Open USD Stablecoin Threatens Revenue Model
Circle shares dropped 15% after Open Standard announced Open USD, a stablecoin with free minting and shared reserve earnings, challenging Circle's revenue model.
Opendoor Shares Rally 5% on First Day in Russell 3000 Index
Opendoor (OPEN) jumped 5.26% on its Russell 3000 debut, with volume surging to 78.32 million shares. Short interest remains elevated at 16.08% of float.
Opendoor Joins Russell 3000, Record Volume Tests Short Sellers
Opendoor's Russell 3000 debut drove record volume of 171.65 million shares, exceeding short interest. The stock rose 1.63% to $4.37, with Q2 revenue guidance up 25%.
Opendoor Shares Surge on Russell 3000 Inclusion, Volume Soars
Opendoor Technologies (OPEN) surged on heavy trading volume after joining the Russell 3000, with 171.65 million shares traded. The stock closed up 1.63% at $4.37.
Opendoor Trading Volume Surges Past Short Interest Following Russell 3000 Addition
Opendoor Technologies' trading volume surpassed short interest after its Russell 3000 addition, with $749 million in shares traded amid index rebalancing. Shares rose 1.6% to $4.37.
Broadcom Stock Rises on OpenAI Chip Deal, Margin Concerns Loom
Broadcom shares rose on news of a custom AI chip partnership with OpenAI, but CEO Hock Tan's margin warnings keep investors cautious.
Opendoor Rises Ahead of Russell 3000 Inclusion Amid Housing Data Woes
Opendoor shares rose 1.9% ahead of its Russell 3000 index addition, though soft housing data and volume near average tempered enthusiasm. The company faces margin challenges amid a weak new-home-sales report.
Costco Set to Open First Pensacola Warehouse on June 25
Costco opens its first Pensacola warehouse on June 25, entering a market with Sam's Club and BJ's. The company reported 11.6% Q3 sales growth and aims for 30+ new openings per year.
Opendoor Shares Slip on Russell 3000 Inclusion and Dilution Fears
Opendoor shares dropped 1.9% as the company prepares for Russell 3000 index inclusion, with investors concerned about dilution from convertible notes and anti-dilutive securities.
IBM Rises on OpenAI Security Pact and Quantum Orders
IBM shares rose 3.22% premarket after announcing an OpenAI cybersecurity partnership and new U.S. quantum computing orders, defying a broader tech selloff.
OpenAI's $100B Ad Revenue Goal Fuels IPO Ambitions Amid Cost Challenges
OpenAI expects $2.5B in ad revenue this year, projecting $100B by 2030, as it rolls out ChatGPT ads in emerging markets to strengthen its case for a $1T IPO.
Getty Images Surges on OpenAI Deal, Financial Details Remain Under Wraps
Getty Images (GETY) saw its stock jump 167% premarket after revealing a multi-year partnership with OpenAI to display licensed images in ChatGPT, but financial terms were not disclosed.
SpaceX's Thin Float Test: Lessons for Anthropic and OpenAI IPOs
SpaceX stock fell 21% from its peak, highlighting how a tiny tradable supply can cause massive swings, with implications for Anthropic and OpenAI's IPO plans.
Strait of Hormuz Reopens, Oil Prices Tumble as Supply Fears Ease
Oil prices plunged nearly 10% this week as tanker traffic resumed through the Strait of Hormuz after a US-Iran interim deal, but analysts caution that risks remain.
Alphabet Stock Dips as Gemini Co-Lead Departs for OpenAI
Alphabet shares edged lower after Gemini AI co-lead Noam Shazeer moved to OpenAI, sparking worries about Google's AI momentum and talent retention.
Oil Plunges as US-Iran Deal Reopens Hormuz, Gas Relief Slow
Oil prices dropped sharply after the US-Iran interim deal reopened the Strait of Hormuz, but tight gasoline inventories may delay relief at the pump.
OpenAI Lands Google's Noam Shazeer in AI Talent Coup
OpenAI has hired Noam Shazeer, Google's Gemini co-lead, as its architecture research lead, marking a significant talent win as AI competition heats up.
G7 Leaders Debate AI Model Access Amid OpenAI's $1T IPO Plan and Rising China Competition
G7 leaders debate AI model access as OpenAI files for a $1T IPO. Anthropic restricts models, China boosts local AI, and cybersecurity deals surge.
Opendoor Shares Edge Up Ahead of Fed Rate Decision, Housing Data
Opendoor shares traded higher pre-market as investors eye the Fed's rate decision and weak housing starts data. The stock is set to join the Russell 3000 Index after June 26.
Opendoor Stock Rises on Russell Index Inclusion Hopes, Q2 Profitability in Focus
Opendoor shares climbed 3.83% to $4.61 on anticipation of Russell 3000 inclusion, but analysts remain cautious with a 'Reduce' consensus. The company faces a key Q2 test as it targets breakeven adjusted EBITDA.
Opendoor Rises on Russell 3000 Inclusion, But Risks Linger
Opendoor shares jumped 3.8% to $4.61 as investors eye Russell 3000 inclusion after June 26, but the stock remains risky amid ongoing losses and mixed analyst targets.
Gold and Silver Rally as Oil Retreats on Strait of Hormuz Reopening Deal
Gold jumped 3% and silver climbed 4.6% as oil prices plunged to a three-month low after the U.S. and Iran agreed to reopen the Strait of Hormuz, easing inflation fears.
Fed Meeting, Oil Prices, and SpaceX IPO in Focus Ahead of Tuesday's Open
U.S. stocks face key risks as investors await the Fed's June 16-17 meeting, with inflation at 4.2% and Brent crude at $86.80. A potential U.S.-Iran deal could lower oil prices and ease inflation, while SpaceX's strong Nasdaq debut signals demand for AI-linked growth stocks.
Oil Dips Below $90 as Iran Deal Reopens Hormuz, Supply Concerns Linger
Brent crude slid to $86.60 after a US-Iran deal to reopen the Strait of Hormuz, but IEA warns of depleted inventories and supply risks.
OpenAI CEO Cancels Abu Dhabi Visit Amid IPO Filing and Geopolitical Tensions
OpenAI CEO Sam Altman canceled a planned trip to Abu Dhabi, raising questions about the company's Stargate infrastructure plans in the UAE as it pursues a $1 trillion IPO valuation.
SpaceX Record IPO Sets Stage for OpenAI and Anthropic Public Listings
SpaceX's record IPO at $75 billion, valuing it at $1.77 trillion, sets a new benchmark as OpenAI and Anthropic prepare for their own public offerings.
Robinhood Surges as IPO Underwriting Nod Opens New Revenue Streams
Robinhood shares jumped 3% to $86.36 as the broker gains approval to underwrite IPOs, moving closer to Wall Street's core. The move comes as SpaceX's IPO draws massive retail demand and CFTC weighs event contract regulations.
Opendoor Closes India Operations, Cuts 250 Jobs to Accelerate AI Strategy
Opendoor is closing its India operations and cutting 250 jobs to refocus on AI and US customers. Shares rose 3.23% to $4.48, with Russell 3000 inclusion expected after June 26.
Fermi Shares Leap on OpenAI Data Center Speculation, Project Matador in Focus
Fermi shares jumped 22.6% to $6.89 after a report that OpenAI may lease a 10-gigawatt Ohio data center with Nvidia support, boosting optimism for Fermi's Project Matador.
BitGo Opens DeFi Vaults to Institutions Amid Stablecoin Arms Race
BitGo Bank & Trust launches DeFi gateway for institutions via Narval, granting access to Aave, Spark, and Tesseract while maintaining qualified custody and compliance controls.