The equal-weighted S&P 500 just smoked the Nasdaq-100 in July — outperforming amid the violent chip-stock unwind

The long-awaited wave of distressed commercial real estate strategies has not materialized. That was the contrarian conclusion in a new Avison Young national capital markets brief released Tuesday showing that fundraising has not matched years of predictions for increased investments in distressed properties.  SEE ALSO: Oceanwide Plaza Sale Set to Advance After L.A. Drops Objections…

AST SpaceMobile (ASTS 16.59%) has grand ambitions to offer broadband directly to smartphones anywhere on Earth. Building and launching the satellite array that will provide that technology costs money. AST announced yesterday that it was raising additional funds to support its efforts. The stock is dropping today on that news, down 15.5% as of 11:07…

The FDA and CDC are investigating iceberg lettuce sold by Taylor Farms to confirm the source of the cyclospora outbreak

If at first Prologis doesn’t succeed, it tries, tries, tries … and tries one last time.  Prologis’ San Francisco headquarters on the Pier The San Francisco-based industrial giant made what it described as a firm final preliminary offer to buy U.K.-based industrial developer Segro for more than $18.7B (£14B) on Wednesday, a $500M increase from…

Shares of RR Kabel jumped nearly 10% to an intraday high of Rs 2,775 on the NSE after the company posted a 129% year-on-year jump in PAT, while Ebitda nearly doubled in the first quarter of FY27. According to the company’s exchange filing, profit after tax (PAT) rose to Rs 2,052 crore in Q1 FY27…