APO
NYSE · Financial Services
Apollo Global Management Inc
$111.25
+0.80 (+0.72%)
APO News16 articles
Markets Mixed as Oil Surge, Slowing PMI Weigh on Sentiment
U.S. stocks were mixed Tuesday as a rebound in oil prices and signs of slowing economic growth tempered Monday's rally. The Dow Jones Industrial Average advanced, while the Nasdaq Composite slipped.
Dow Gains as Fed Decision Nears; Oil Prices Stoke Inflation Concerns
The Dow Jones Industrial Average advanced on Tuesday as investors positioned for the Federal Reserve's policy announcement, looking past elevated oil prices linked to Middle East tensions. Brent crude traded above $101 a barrel.
Goldman Offers Hedge Funds Swap to Short Software Loans as AI Risks Mount
Goldman Sachs is marketing a total return swap allowing hedge funds to bet against corporate loans in the software sector, fueled by concerns that artificial intelligence could disrupt credit markets. No trades have been executed yet.
Barclays' £500M MFS Link Sparks Private Credit Scrutiny
Barclays PLC holds approximately £500 million in loans tied to the failed UK mortgage lender Market Financial Solutions, one of the largest exposures in the administration. Investors are assessing risks as the collapse highlights opacity in private credit markets.
Stocks Rally as Court Overturns Tariffs Amid Mixed Economic Signals
U.S. equities advanced Friday following a Supreme Court ruling invalidating former President Trump's global tariffs, while economic data revealed slowing growth and persistent inflation pressures.
Brookfield Shares Dip Ahead of Q4 Report as Rate Outlook Shifts
Brookfield Corporation shares fell nearly 2% Wednesday, pressured by a sector-wide decline after strong jobs data pushed back expectations for Federal Reserve rate cuts. The company reports fourth-quarter results Thursday.
Cisco Unveils AI Networking Chip, Rivals Slip on China and Capex Concerns
Cisco introduced a new networking chip for AI data centers, intensifying competition with Nvidia and Broadcom. Meanwhile, AI hardware stocks faced pressure from U.S.-China licensing scrutiny and investor worries over capital spending.
Tesla Shares Gain on xAI Chip Funding News, Macro Data in Focus
Tesla stock advanced in early trading, buoyed by reports of a major chip financing deal for Elon Musk's xAI. Investors are also awaiting key U.S. jobs data that could influence interest rate expectations.
Nvidia Gains on Tariff Exemption Reports for Big Tech AI Data Centers
Nvidia shares advanced in premarket trading following reports the U.S. may exempt major tech firms from new AI chip tariffs. Investors also await key inflation data and the company's upcoming earnings.
Standard Chartered CFO Exits Ahead of Earnings, Shares Drop Over 4%
Standard Chartered shares fell sharply after CFO Diego De Giorgi departed for Apollo, with the bank naming an interim finance chief weeks before its full-year results.
Nvidia Gains on AI Financing Buzz Ahead of Key Earnings Report
Nvidia shares advanced 3% in extended trading following sector-wide momentum, as Apollo nears a $3.4 billion chip-financing deal for xAI. Investors await quarterly results due February 25.
Blackstone Rallies on $10B AI Infrastructure Debt Deal Amid Market Focus
Blackstone shares gained 1.2% as the firm leads a $10 billion private credit package for Australian AI infrastructure developer Firmus. Investors are monitoring U.S. economic data for rate clues.
Nvidia, Oracle Lead AI Stock Rebound Amid Financing Deals and Upgrades
Nvidia shares advanced on reports of a $3.4 billion Apollo loan tied to AI chip leasing for xAI, while Oracle surged over 11% following a D.A. Davidson upgrade to 'buy.'
Apollo Nears $3.4B AI Chip Lease for xAI as Alphabet Plans $15B Bond for Infrastructure
Apollo Global Management is finalizing a $3.4 billion loan to acquire Nvidia processors for leasing to Elon Musk's xAI, while Alphabet considers a $15 billion bond sale to fund AI infrastructure. Investors are watching whether custom chips from Broadcom and Google can challenge Nvidia's dominance.
Nvidia Shares Dip as AI Spending Concerns Linger Ahead of Key Earnings
Nvidia shares edged lower in premarket trading as investors scrutinize AI capital expenditure ahead of the company's February 25 earnings report. CEO Jensen Huang maintains infrastructure demand remains robust.
KKR Shares Surge 4% Amid Governance Vote and Software Sector Scrutiny
KKR & Co. rebounded sharply Friday, gaining over 4% as investors weighed a major acquisition and upcoming governance changes against concerns over software exposure and loan leverage.