OTEX
NASDAQ · Technology
Open Text Corp
$22.08
+0.10 (+0.46%)
OTEX News30 articles
Opendoor Stock Dips as Rising Mortgage Rates Pressure Spring Housing Outlook
Opendoor Technologies stock declined roughly 2% as mortgage rates climbed to their highest level since December, clouding the spring homebuying season. The company forecasts a sequential revenue drop and ongoing EBITDA losses.
Opendoor Stock Surges 6% Despite Bleak Housing Data and Quarterly Loss
Opendoor Technologies shares climbed almost 6% on Monday, outperforming housing peers amid a market rally, even as the company reported a massive quarterly loss and the housing sector remained sluggish.
AI Leaders Retreat as Oil Surges Past $100, OpenAI Courts Investors
Key artificial intelligence equities declined in early trading Monday amid a surge in oil prices and shifting expectations for Federal Reserve policy. OpenAI is actively soliciting private equity investment with attractive terms.
Opendoor Shares Slide Amid Rising Mortgage Rates, Housing Slowdown
Opendoor Technologies shares declined 2.6% after U.S. 30-year mortgage rates climbed to 6.22%, the highest since December. The company warned first-quarter revenue could drop roughly 10% sequentially.
Opendoor Shares Slide Amid Fed's Hawkish Stance, Housing Market Strain
Opendoor Technologies shares dropped 5.0% to $5.28 after the Federal Reserve maintained interest rates, exacerbating pressure on its home-flipping model. Broader market declines and persistent high borrowing costs contributed to the selloff.
Opendoor Shares Recover Amid Housing Market Crosscurrents
Opendoor Technologies shares gained 2.4% Friday, recovering from prior losses amid rising mortgage rates and declining housing starts. The company posted a $1.096 billion Q4 loss but increased home purchases.
Opendoor Shares Slide Amid Housing Data, Fed Outlook
Opendoor Technologies shares declined roughly 6% in Thursday trading, pressured by disappointing U.S. housing data and shifting expectations for Federal Reserve interest rate cuts. The online home-flipping company reported a substantial net loss for 2025.
Opendoor Gains on Housing Data, Mortgage Beta Draws Investor Scrutiny
Opendoor Technologies shares advanced as its weekly home acquisition contracts rose 12%. The company's new 4.99% 30-year mortgage offer, currently in beta testing, is drawing investor attention amid broader housing market resilience.
Opendoor's Aggressive 4.99% Mortgage Beta Tests Profitability Path
Opendoor Technologies introduced a beta mortgage product with a 4.99% rate to stimulate transactions, as the iBuyer works to achieve profitability by late 2026 following significant annual losses.
TSX Set for Lower Open as Oil Spike Sparks Inflation, Recession Fears
Canada's main stock index is poised for a lower open Monday, with futures down 0.92%, after a surge in oil prices to multi-year highs intensified inflation and recession concerns, pressuring financial and mining sectors.
Trade Desk Soars on OpenAI Partnership Talks, CEO's Major Stock Purchase
The Trade Desk shares jumped 18% early Friday amid reports of early-stage talks with OpenAI about advertising collaboration. CEO Jeff Green purchased $148.1 million in company stock this week.
Expedia, Booking Stocks Rally as OpenAI Retreats from ChatGPT Checkout Ambitions
Expedia Group shares jumped 11% Thursday following a report that OpenAI is scaling back its direct checkout plans for ChatGPT, reducing concerns that AI could bypass online travel agencies. Booking Holdings also rose 8% on the news.
Booking Holdings Soars on OpenAI's Strategic Pivot Away from Direct Chatbot Commerce
Booking Holdings shares jumped sharply after reports indicated OpenAI is pulling back from developing a native checkout feature within ChatGPT, reducing perceived competitive threats to established travel platforms.
Trade Desk Shares Surge on OpenAI Ad Partnership Talks
Shares of The Trade Desk advanced in extended trading after reports surfaced that OpenAI has engaged in preliminary talks with the ad-tech company regarding advertising sales for ChatGPT. The stock closed at $25.17 and was indicated around $27.44 after hours.
Intel Considers Opening 18A Chip Process to External Foundry Clients
Intel's CEO is reconsidering making the advanced 18A chipmaking process available to external foundry clients, a strategic shift that sent shares higher. The announcement coincides with a planned board leadership transition.
Nvidia's Huang Signals Final AI Bets as OpenAI, Anthropic Eye Public Listings
Nvidia's CEO stated the chipmaker's major investments in OpenAI and Anthropic are probably its final stakes before the AI startups go public. The move comes as both companies face contrasting government pressures.
Markets Open March 4, 2026 with Focus on Key Economic Data
Financial markets began the session on Wednesday, March 4, 2026, with traders monitoring early price action ahead of scheduled economic releases and policy speeches.
Opendoor Shares Extend Decline as 4.99% Mortgage Beta Stirs Margin Concerns
Opendoor Technologies shares extended losses in Tuesday's premarket session, sliding roughly 5% after a sharp decline Monday. The move follows CEO Kaz Nejatian's announcement of a beta program offering 4.99% 30-year fixed mortgages to Opendoor homebuyers.
Nvidia Faces Pressure After 4% Drop, Eyes on GTC and OpenAI Funding
Nvidia stock declined 4.2% to $177.19 as investors weighed OpenAI's massive funding round and potential new AI chip announcements at next month's GTC conference.
Amazon Commits $50 Billion to OpenAI in Major AI Cloud Alliance
Amazon has unveiled a $50 billion investment and expanded partnership with OpenAI, positioning AWS as the exclusive third-party cloud provider for OpenAI's new enterprise platform. The deal deepens Amazon's strategic push into generative AI infrastructure.
Oil Markets Face Turbulent Open as Hormuz Tensions Disrupt Supply
OPEC+ has agreed to increase production by 206,000 barrels per day, but the decision collides with major shipping disruptions in the Strait of Hormuz following Iranian warnings. Markets reopen Monday with traders bracing for significant volatility.
Geopolitical Tensions, Banking Jitters Set Tone for London Open
London markets brace for a volatile open driven by oil price spikes after Iran tensions and lingering banking sector concerns, with key economic data and corporate earnings on tap.
Qatar Market Braces for Monday Reopen After Geopolitical Shock
Qatar's stock market remains closed Sunday for a bank holiday following a 1.91% Friday decline. Trading resumes Monday with investors weighing regional military strikes and Qatar Islamic Bank's new $750 million sukuk issuance.
Northrop Grumman in Focus as Markets Reopen After Iran-Israel Strikes
Northrop Grumman shares gained 1.9% on Friday ahead of U.S.-Israeli strikes on Iran. Markets reopen Monday with investors assessing geopolitical risk and defense sector implications.
Amazon Shares Dip Amid Reports of Potential $50 Billion OpenAI Investment
Amazon shares declined 1.4% to $207.81 Thursday morning following reports the company may invest up to $50 billion in OpenAI. The deal could include $15 billion upfront and $35 billion contingent on milestones like an IPO or achieving artificial general intelligence.
Nvidia Earnings Loom as Options Signal Volatility, OpenAI Deal Nears
Nvidia stock gained 1.02% to $189.84 ahead of its quarterly results. Traders expect significant price swings, while a major investment in OpenAI is reportedly nearing completion.
TSMC in Focus as Taiwan Markets Reopen, Nvidia Earnings Loom
Taiwan's stock market resumes trading on February 23 after the Lunar New Year holiday, with TSMC shares in focus ahead of Nvidia's quarterly results and key U.S. inflation data.
BYD Faces U.S. Tariff Uncertainty as Chinese Markets Reopen
BYD's Shenzhen-listed shares remain at 90.27 yuan as markets reopen after holiday, with investors weighing U.S. tariff developments after Supreme Court struck down Trump-era emergency duties.
Nvidia Eyes $30B OpenAI Stake Ahead of Critical Earnings Report
Nvidia is nearing a massive $30 billion investment in OpenAI, sources indicate, as the company heads into a pivotal earnings report where Wall Street expects significant profit growth driven by AI demand.
Nvidia Shares Gain on Reported OpenAI Stake Ahead of Key Earnings
Nvidia shares advanced in extended trading following a report the chipmaker is nearing a $30 billion investment in OpenAI. All eyes are on the company's fiscal fourth-quarter earnings report due next week.