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OpenDoor CFO on Earnings, Zillow Debacle

OpenDoor CFO Carrie Wheeler joins Emily Chang on the heels of their positive third quarter earnings results, how it managed to avoid Zillow’s fate and buy more than 15,000 homes in this quarter – a 79% increase from the previous quarter. Also, how supply chain issues are affecting their business, and her thoughts on iBuying.…

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OpenDoor CFO Carrie Wheeler joins Emily Chang on the heels of their positive third quarter earnings results, how it managed to avoid Zillow’s fate and buy more than 15,000 homes in this quarter – a 79% increase from the previous quarter. Also, how supply chain issues are affecting their business, and her thoughts on iBuying.
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11 Comments

11 Comments

  1. 라율

    November 13, 2021 at 5:15 am

    wow

  2. Justin H

    November 13, 2021 at 6:18 pm

    This is pretty sus to me… she completely ignores the question of “what did Zillow do wrong?”

    • Beetle Juice

      November 13, 2021 at 7:44 pm

      Why is she required to answer? She doesn’t work for Zillow so who knows who or what is responsible for their collapse.

    • Justin H

      November 13, 2021 at 7:57 pm

      ​@Beetle Juice I guess she’s not but you’d think she’d want to differentiate themselves in someway and nothing she said did that for me.

    • James Martin

      November 14, 2021 at 5:52 am

      First off, as a CFO, if she speaks to the inner workings of another company without proper evidence and makes false claims, Open Door can be sued for libel. It makes zero sense for her to speak on another company. Come on man. Grow up.

  3. Garcia Bouie-Sells

    November 14, 2021 at 1:09 am

    They will fail also…

  4. leeryc

    November 14, 2021 at 8:18 am

    Yeah she given theranos vibes I’d go long puts

    • James Martin

      November 14, 2021 at 8:35 pm

      lol Open Door released a transparent ER report that is regulated by the SEC. What are you talking about? Theranos never even released a product. Moron.

    • leeryc

      November 14, 2021 at 8:41 pm

      @James Martin keyword “vibes” I’m worth 7.6 million, I’m Nigerian, my private parts are as big as my Tesla and my family is responsible for saving countless lives in during the pandemic in Houston. Don’t show your insecurities through your weak comprehension of simple English. You should go find someone besides your mom to genuinely love you.

    • James Martin

      November 15, 2021 at 12:21 am

      @leeryc Look how triggered you got off a simple youtube comment. You don’t have the emotional backbone for the stock market. Leave while you still have 10 grand in your account.

    • leeryc

      November 15, 2021 at 12:36 am

      @James Martin I simply responded to you calling me a moron.

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OpenAI Helped Find Potentially Catastrophic Cyber Flaw

OpenAI’s model helped identify a potentially catastrophic cybersecurity vulnerability in a programming language that runs millions of websites and applications. Greg Brockman, president of OpenAI, and Matthew Prince, CEO of Cloudflare — which helped protect websites before the flaw was publicly exposed — join Ed Ludlow on “Bloomberg Tech” to explain how AI is empowering…

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OpenAI’s model helped identify a potentially catastrophic cybersecurity vulnerability in a programming language that runs millions of websites and applications. Greg Brockman, president of OpenAI, and Matthew Prince, CEO of Cloudflare — which helped protect websites before the flaw was publicly exposed — join Ed Ludlow on “Bloomberg Tech” to explain how AI is empowering cyber defenders and attackers.
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Meta Makes Share Deal to Keep Zuckerberg in California

Meta says it will issue a new class of shares as part of a plan to keep CEO Mark Zuckerberg in California if a proposed wealth tax is passed and potentially help fund growth. The credit risk hit a record high after Meta laid out plans to boost AI spending. Alison Porter, portfolio manager for…

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Meta says it will issue a new class of shares as part of a plan to keep CEO Mark Zuckerberg in California if a proposed wealth tax is passed and potentially help fund growth. The credit risk hit a record high after Meta laid out plans to boost AI spending. Alison Porter, portfolio manager for Janus Henderson’s Global Technology Leaders Team, explains how the equities market are weighing these factors. She joins Ed Ludlow on “Bloomberg Tech.”
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Tesla Shareholders Likely to Demand a Premium: New Street’s Harwood

Tesla investors are likely to demand a premium in a possible merger with SpaceX, says Ben Harwood, New Street Research senior analyst for technology and space infrastructure. Harwood discusses the synergies he sees between Tesla and SpaceX and why demand for Tesla’s full self-driving shows the company has momentum to keep profits growing. ——– Like…

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Tesla investors are likely to demand a premium in a possible merger with SpaceX, says Ben Harwood, New Street Research senior analyst for technology and space infrastructure. Harwood discusses the synergies he sees between Tesla and SpaceX and why demand for Tesla’s full self-driving shows the company has momentum to keep profits growing.
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