Shares of Opendoor Technologies (NASDAQ: OPEN) have surged over 300% in just over a month, driven not by business performance but by hedge fund manager Eric Jackson’s bullish social media posts labeling it a potential 100x stock. While Jackson’s investment track record is mixed, he successfully backed Carvana’s dramatic rise, prompting speculation about Opendoor’s future potential.
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The "Ten Titans" Stocks Now Make Up 38% of the S&P 500. Here's What It Means for Your Investment Portfolio
The "Ten Titans" are the ten largest growth-focused components of the S&P 500 by market cap, including Nvidia, Microsoft, Apple, Amazon, Alphabet, Meta Platforms, Broadcom, Tesla, Oracle, and Netflix, which collectively account for 38% of the index. These companies significantly influence the overall market, even for investors who do not directly own their stocks. Want More Context? 🔎
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