B.Riley cuts Nuscale Power stock price target on valuation reset

Carlyle Group and Haussmann Development have plans to partner on a 99-unit apartment complex in Brooklyn’s Crown Heights neighborhood. The two developers filed plans Thursday with the New York City Department of Buildings (DOB) to bring a new 12-story mixed-use building to 566 Grand Avenue, near the corner of Grand Avenue and Bergen Street.  SEE…

Regional results underscored that unevenness. The well-supplied West led all four regions with an 8.9% year-over-year affordability gain, followed by the South at 8.3% and the inventory-constrained Midwest at 6.2%. The Northeast was the exception, where home prices rose 3.9% against regional wage growth of just 3.2%, producing the smallest improvement nationally. For brokers qualifying…

Verizon signed an over $1 billion artificial intelligence (AI) infrastructure deal with Google, and the company expects to sign several similar deals by the end of the year, Verizon CEO Dan Schulman said Friday (July 24) during a second quarter earnings call. In the recently signed agreement, Verizon dark fiber will be used to connect Google’s data centers….

China disapproves of British Steel nationalisation decision by UK

India’s banking system will not be able to single-handedly fund the country’s ambition of becoming a $30-trillion-plus economy by 2047, making a rapid expansion of the debt capital market imperative, according to a Crisil report.   The ratings agency estimates India’s non-sovereign debt will rise from around 84 per cent of gross domestic…

On July 6, Cathie Wood was busy with her Ark empire, selling several positions and buying others. One particularly notable trade reported on the day was Advanced Micro Devices (AMD +0.37%). Through Ark Innovation, Wood sold over 15,000 shares of AMD, which were valued at more than $8 million. That may seem like a cause…