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A number of stocks fell in the afternoon session after oil prices approaching $98 per barrel renewed inflation concerns and reduced expectations for near-term interest rate relief.
Opendoor CEO Kaz Nejatian joins Stocktwits TV to discuss the company's strong Q4 performance, highlighting the significant role of AI in improving their business models. Nejatian also touches on Opendoor's new mortgage product, the company's path to profitability, and his critical perspective on the Federal Reserve's current interest rate policies.
A number of stocks fell in the afternoon session after reports showed that wholesale inflation accelerated more sharply than anticipated in April.
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