Sep. 13 at 4:22 PM
$SMR NuScale Power secured Standard Design Approval from the NRC for its 77 MWe small modular reactor, a bureaucratic green light that expands its potential customer base but doesn’t change the timelines of nuclear power. The company also touted a major order from the Tennessee Valley Authority, hailed as the largest U.S. SMR deal to date—though in nuclear, “deal” usually translates into a decade of engineering, permitting, & cost overruns before electrons ever hit a grid.
#RKT Rocket Companies bought Redfin, which means collaging real estate traffic with an equally interest-rate-sensitive mortgage business. BofA upgraded, hiking the target from
$21 to
$24. The case is simple: falling rates ignite both purchase & refinance volumes. Mr. Cooper merger comes with the promise of half a billion in “synergies.”
