Open ai stock price the chart pattern points to

The chart pattern points to consolidation before a potential breakout if macroeconomic indicators remain favorable. Adding fuel to the fire is the fact that Nejatian's opening salvo on what could be done to improve the business includes the use of artificial intelligence. AI is a buzzword for investors, much like SPAC was a buzzword back in 2020. Excited investors have priced a lot of positive news into Opendoor's stock in a very short period of time. That excitement is already starting to wear off, as the stock has fallen around 20% from the post news frenzy high. Equifax Inc. ( EFX ) stock slid 10% in premarket trading on Thursday after Fair Issac announced it would license its credit scores directly to mortgage resellers, raising concerns among major credit unions. The correlation between the open ai stock price and the NASDAQ AI Index is currently 0.82, indicating strong directional dependence on broader technology sector performance.