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Why ThredUP Stock Jumped Today

The Motley Fool

What happened Shares of ThredUP (NASDAQ: TDUP) popped today after the clothing resale specialist posted better-than-expected results in its second-quarter earnings report even as growth remains slow and the company is unprofitable. The stock closed up 26.1% on the news. So what Revenue rose 8% to $82.7

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Where Will Opendoor Stock Be in 1 Year?

The Motley Fool

Opendoor (NASDAQ: OPEN) seemed like a promising growth stock when it went public by merging with a special purpose acquisition company (SPAC) in Dec. The online real estate company streamlined home sales by making instant cash offers for homes, repairing those properties, and relisting them for sale on its online marketplace.

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2 Undervalued Growth Stocks to Buy Before They Soar 68% and 93%, According to These Wall Street Analysts

The Motley Fool

Etsy: 93% implied upside Etsy runs multiple online marketplaces, including Depop for fashion resale and Reverb for musical instruments. The company is using artificial intelligence to not only personalize search results but also to selectively surface high-quality products.

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Tesla Makes Money Selling Electric Vehicles, but 86% of Its Earnings Could Soon Come From This Instead

The Motley Fool

Cathie Wood is the head of Ark Investment Management, which operates several exchange-traded funds (ETFs) focused on innovative technology companies. In fact, by 2029, Ark predicts a whopping 86% of Tesla's earnings will come from something else entirely. Image source: Tesla. It certainly proved them wrong, and it delivered a record 1.8

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Why Hertz Stock Tumbled and Then Recovered Today

The Motley Fool

The company also recorded a $1 billion impairment charge in the quarter due to a decline in its fleet residual values. Adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) fell from a profit of $359 million in the prior-year quarter to a loss of $157 million this time due to increased vehicle depreciation.

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Why Opendoor Stock Plunged 34% in April

The Motley Fool

There wasn't any news specific to Opendoor in April, but the market was pessimistic due to stubborn inflation, and companies like Opendoor that are affected by inflation took a strong hit from the negative sentiment. It purchased almost 4,000 homes in the 2024 first quarter, almost double last year's figure. It sold 3,078 homes for $1.2

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Prediction: These 2 Stocks Will Soar If Interest Rates Are Cut This Month

The Motley Fool

It should lead to improvements in spending, which will lift revenue at retailers and other companies across the country. That's good for business overall, but it's crucial for some companies that have been experiencing a serious downturn in sales. Real estate is one industry that has been hurt severely by high interest rates.

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