Core Viewpoint - Opendoor Technologies, Inc. experienced a significant stock price increase following Federal Reserve Chair Jerome Powell's dovish remarks, which suggested potential interest rate cuts that could positively impact the housing market and Opendoor's business model [1][2]. Group 1: Stock Performance - Opendoor shares surged 20% to $4.32 on heavy trading volume, marking a more than 200% increase over the past six months [5]. - The stock's rally was attributed to investor optimism regarding interest rate cuts, which could unfreeze the housing market [3][4]. Group 2: Impact of Interest Rate Cuts - Lower mortgage rates are expected to reduce the monthly cost of home buying, increasing buyer activity and benefiting Opendoor through higher sales volume [6]. - Easier financing conditions could allow buyers to secure larger loans at lower costs, expanding Opendoor's customer base and potentially lifting home prices, which would improve profit margins [6]. - Increased market liquidity from cheaper financing is likely to encourage both buyers and sellers to engage in transactions, alleviating the current stagnation in the housing market caused by high interest rates [6].