Key Points After a massive rally in July and early August, Opendoor hit a snag on Tuesday with a disappointing outlook. CEO Carrie Wheeler thanked new investors on the earnings call, and said “We appreciate your enthusiasm for what we’re building, and we’re listening intently to your feedback.” The company said it expects to face […]
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Check out the companies making headlines in extended trading. Snap — The social media platform plunged 14% after missing revenue expectations for the second quarter. Snap said it recorded $1.34 billion, slightly under the consensus forecast of $1.35 billion from analysts polled by LSEG. Rivian Automotive — The electric vehicle company dropped more than 3% […]
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Ilkercelik | Istock | Getty Images We’re about to witness a regime change in productivity. Prepare for the “RIA of 1”: A single financial advisor supported by a collection of autonomous and augmented AI agents and applications. This isn’t a whimsical notion; it’s the inevitable outcome of AI fundamentally transforming the advisory space, augmenting advisors […]
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