U.S. stock futures are broadly lower this Thursday, January 8, 2026, as investors digest mixed economic signals and a flurry of corporate and geopolitical news. The slight premarket declines follow a mixed close on Wednesday, where the S&P 500 and Dow Jones Industrial Average retreated from recent highs, while the Nasdaq Composite managed to eke out gains. The market remains highly sensitive to upcoming economic reports and policy implications, particularly concerning the Federal Reserve's future interest r ...

Drops in the S&P 500 and Dow Jones Industrial Average followed intraday record highs earlier in the session. Shares of housing acquisition companies tumbled after President Donald Trump said he was moving to ban Wall Street investors from buying single-family homes, in a bid ‌to reduce home ‌prices. Blackstone and Apollo Global Management dropped more than 5%, contributing to a 1.4% decline in the S&P 500 financials index. American Homes 4 Rent fell 4.3%. Real estate platform Zillow moved over 2% higher. J ...

Core Viewpoint - Opendoor Technologies has experienced a significant stock price increase, rising over 500% this year and 20 times from its lows in June, following leadership changes and a strategic turnaround plan [1] Group 1: Company Overview - Opendoor is a digital platform focused on buying and selling residential real estate, but it has historically struggled to generate profits due to thin profit margins and a capital-intensive business model [3] - The company’s stock fell below $1 at the beginning of the year due to challenges in the frozen residential real estate market [3] Group 2: Leadership Changes - Activist fund managers intervened to push for changes at the executive level, leading to the appointment of Kaz Nejatian as the new CEO, who previously served as COO of Shopify [4] - Co-founders Keith Rabois and Eric Wu have been added to the board of directors, indicating a shift in leadership aimed at addressing operational inefficiencies [5] Group 3: Financial Performance - Over the last 12 months, Opendoor reported a negative net income of $305 million, highlighting the need for cost reductions to achieve breakeven profitability [7] - The company’s gross profit margin was only 8.2% in the last quarter, indicating that the current business model of flipping homes is not sustainable for profitability [8] Group 4: Strategic Initiatives - To improve its business model, Opendoor is expanding its software services and collaborating with real estate agents through its Key Agent app to drive transactions and commissions [9] - The introduction of a Cash Plus model allows customers to receive partial payments now, with potential bonuses if Opendoor sells the home at a profit, indicating a shift towards more innovative financing solutions [9]