The Rundown

Opendoor Soars 50% After Naming New CEO, Figure ($FIGR) Awaits First Trade

22 snips
Sep 11, 2025
Discover the latest trends in the stock market, including Figure's successful IPO and Opendoor's impressive stock surge after a new CEO is named. Dive into Amazon's ambitious entry into self-driving vehicles with Zoox, and see how this new player stacks up against industry giants like Waymo. Plus, get insights on upcoming IPOs and investor reactions to the current economic climate, including inflation reports. It's a thrilling analysis of the shifting landscape of finance and technology!
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INSIGHT

Inflation Is Sticky But Markets Expect Cuts

  • August CPI showed inflation running near 3% annually and 0.4% month-over-month, signaling persistent softness toward the Fed's 2% target.
  • Markets still price a near-certain rate cut, indicating investors expect the Fed to act despite sticky readings.
ANECDOTE

Figure's Rapid Loan Growth And IPO Pricing

  • Figure launched in 2018 and has originated about $16 billion in loans, with $11 billion in the last 18 months.
  • The company promises HELOC funding in 10 days versus the 42-day industry average and priced its IPO at $25 per share.
INSIGHT

Chipotle Needs International Growth

  • Chipotle plans its first Asian expansion with restaurants in South Korea and Singapore in 2026 via a joint venture with SPC Group.
  • With 98% of stores in the U.S. and slowing same-store sales, international growth is positioned as the company's next engine.
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