Business
business
Nia Warfield

Better Home soars after Opendoor kingmaker Eric Jackson dubs it the “Shopify of mortgages”

Shares of Better Home & Finance soared over 160% Monday after EMJ Capital founder Eric Jackson posted on X, dubbing the online mortgage lender the “Shopify of mortgages.” The post drew attention to BETR’s rapid growth.

He went further, calling BETR a “potential 350-bagger in 2 years.” In a subsequent post, Jackson argued that Better ought to be worth $626 per share today, and claimed that it should be worth $12,000 per share in two years.

Now, these are bold claims, but Jackson is coming off a rather successful called shot as the primary architect of the rally in Opendoor Technologies. After a similar series of posts where Jackson argued that Opendoor would be the next Carvana, retail interest in the real estate stock soared, mobilizing an “$OPEN Army” that has managed to gain the ear of management as they propel the stock upward.

Needless to say, when Jackson talks up a stock, retail at least will hear him out.

Better Home & Finance stock is now up a massive 682% year to date.

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business
Max Knoblauch

Texas sues Netflix, accusing streamer of spying on children and collecting user data without consent

The state of Texas filed a lawsuit Monday against streaming giant Netflix, alleging that the company has built a “behavioral-surveillance program of staggering scale.”

The suit alleges that Netflix is “deceptively designed” to be addictive, using features like autoplay to get viewers hooked, “mining those users for data, and then converting that data into lucrative intelligence for global advertising juggernauts.”

“When you watch Netflix, Netflix watches you,” the lawsuit reads.

“This lawsuit lacks merit and is based on inaccurate and distorted information,” Netflix said in a statement to Sherwood News. “Netflix takes our members’ privacy seriously and complies with privacy and data‑protection laws everywhere we operate.”

Texas is seeking civil penalties of “up to $10,000 per violation” of the Texas Deceptive Trade Practices-Consumer Protection Act, along with an additional penalty of up to $250,000 per violation involving a consumer aged 65 or older.

“Netflix is not the ad-free and kid-friendly platform it claims to be. Instead, it has misled consumers while exploiting their private data to make billions,” said Texas Attor­ney Gen­er­al Ken Pax­ton in the press release announcing the lawsuit.

Netflix did not immediately respond to a request for comment.

Attorney General Ken Paxton Sues Netflix for Spying on Texas Kids and Consumers by Illegally Collecting Users’ Data Without Their Knowledge or Consent

Attorney General Ken Paxton Sues Netflix for Spying on Texas Kids and Consumers by Illegally Collecting Users’ Data Without Their Knowledge or Consent

“This lawsuit lacks merit and is based on inaccurate and distorted information,” Netflix said in a statement to Sherwood News. “Netflix takes our members’ privacy seriously and complies with privacy and data‑protection laws everywhere we operate.”

Texas is seeking civil penalties of “up to $10,000 per violation” of the Texas Deceptive Trade Practices-Consumer Protection Act, along with an additional penalty of up to $250,000 per violation involving a consumer aged 65 or older.

“Netflix is not the ad-free and kid-friendly platform it claims to be. Instead, it has misled consumers while exploiting their private data to make billions,” said Texas Attor­ney Gen­er­al Ken Pax­ton in the press release announcing the lawsuit.

Netflix did not immediately respond to a request for comment.

Hyunsoo Rim
ace in the hole
5/11/26
Dunkin’ is going public again — this time with an entire restaurant empire in tow

The doughnut chain’s parent company filed for an IPO last week.

100th 6abc Dunkin' Donuts Thanksgiving Day Parade
Max Knoblauch
5/8/26
Higher prices, lower sales: Video game giants forecast the impact of the memory crunch

Video game console makers addressed the memory pricing surge this quarter.

Sony DualSense For PlayStation 5 In Starlight Blue Color.
Claire Yubin Oh
bird was the word
5/8/26
Duolingo’s business was supposed to soar with AI — now it’s getting its wings clipped

The language-learning app’s shares have plunged almost 80% in the past year.

Duolingo banner over Hooters restaurant
business
Max Knoblauch

Used car prices dip in April but remain at 2023 levels as gas prices surge

Used car prices ticked down in April, the first drop in 2026, according to fresh data from Cox Automotive.

Cox’s Manheim Used Vehicle Value Index, which tracks wholesale prices, dipped 1.6% in April from March, but remains around highs not seen since 2023 as shoppers react to surging gas prices.

“Affordability remains front and center, and that’s driving some increased demand for older vehicles... as well as changing the calculus for consumers shopping for EVs,” said Cox’s chief economist, Jeremy Robb.

As reported in March, used car retailers including CarMax have told Sherwood News that gas prices are driving more shoppers to look toward EVs. Cox’s EV index is up 7.2% from April 2025, compared to a 1.1% hike for its non-EV index.

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