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    Alphabet’s open stock price is at $153.75, displaying resilience after recent digital services growth announcements. The broader communication services sector is benefiting from stronger online ad rates. Matt Frankel has positions in Redfin and Zillow Group. The Motley Fool has positions in and recommends Opendoor Technologies, Redfin, and Zillow Group. The Motley Fool recommends the following options: short May 2024 $8 calls on Redfin. The Motley Fool has a disclosure policy . There's one small wrinkle in this story that investors shouldn't ignore. Nothing material has changed within Opendoor's business. It is still a money-losing startup. And that's important because it is attempting to create a business around home flipping, which is something that is usually done by small, local investors. It is, basically, an unproven business. Wall Street is treating the stock as if the new CEO will instantly move the income statement from red to black, which seems like an unlikely outcome. ExxonMobil opened at $117.25 as crude oil prices trend upward. Energy market outlooks predict sustained demand growth from Asia into early next year.

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