FINWIRES · TerminalLIVE
FINWIRES

$APO

83 stories mentioning APOUpdated 3d ago

Every FINWIRES story that references APO, newest first.

Wire

Sector Update: Financial Stocks Advance Monday Afternoon

Financial stocks were higher in Monday afternoon trading, with the NYSE Financial Index rising 0.5% and the State Street Financial Select Sector SPDR ETF (XLF) ahead 0.6%.The Philadelphia Housing Index was climbing 0.8%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was shedding 0.5%.Bitcoin (BTC-USD) was declining 0.9% to $64,771, and the yield for 10-year US Treasuries was decreasing 3.4 basis points to 4.645%.In corporate news, Apollo Global Management (APO) shares added 0.9% after it said Monday that it has agreed to invest $1.5 billion into Keppel Offshore Fund, a portfolio of offshore energy assets managed by Singapore's global asset manager Keppel.Bank of Hawaii (BOH) reported higher-than-expected Q2 earnings, but revenue growth fell short of market expectations. Its shares fell 3.9%.Wise's (WSE) potential plans of building stablecoin technology for settlement would be a potential offset to the recent denial for a US national trust charter and would add a meaningful resilience to the business going forward, UBS said in a research note. Wise shares rose 4.8%.

$APO$BOH$WSE
Wire

Apollo Global Management to Invest $1.5 Billion in Keppel Offshore Fund

Apollo Global Management (APO) said Monday that it has agreed to invest $1.5 billion into Keppel Offshore Fund, a portfolio of offshore energy assets managed by Singapore-based global asset manager Keppel.The transaction is subject to customary closing conditions, which include receipt of applicable regulatory approvals, Apollo said.Shares of Apollo were up more than 1% in recent Monday trading.Price: $124.54, Change: $+1.93, Percent Change: +1.57%

$APO
Sectors

Sector Update: Financial Stocks Decline Late Afternoon

Financial stocks were lower in late Wednesday afternoon trading, with the NYSE Financial Index and the State Street Financial Select Sector SPDR ETF (XLF) each shedding about 0.5%.The Philadelphia Housing Index rose 0.6%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) decreased 0.4%.Bitcoin (BTC-USD) was declining 1.2% to $65,726, and the yield for 10-year US Treasuries rose 2.9 basis points to 4.657%.In sector news, Kalshi said Wednesday that it will launch a new election portal aimed at becoming a key reference point for US election odds ahead of the November midterm elections, according to multiple media reports.In corporate news, the EU is preparing to revisit airline ownership rules to tighten limits on foreign control of carriers, Reuters reported Wednesday, citing an EU official. The move may complicate US bids for easyJet, which is the target of competing takeover offers from New York-based Apollo Global Management (APO) and Minneapolis-based Castlelake, the report said. Apollo shares were up 0.4%.Morgan Stanley's (MS) wealth management unit has gained more than $70 billion in net new assets during Q2, largely fueled by the initial public offering of SpaceX (SPCX), Bloomberg reported. Morgan Stanley shares rose 1.1%.Coinbase (COIN) has settled its Freedom of Information Act lawsuit against the US Securities and Exchange Commission with the regulator agreeing to provide additional documents and pay $150,000, a court filing said Wednesday. Shares were off 5.3%.CME (CME) shares jumped 5% after it reported Q2 adjusted earnings Wednesday of $2.99 per diluted share, up from $2.96 a year earlier. Analysts polled by FactSet expected $2.91.

$APO$CME$COIN$MS
Wire

Market Chatter: EU Plans Review of Airline Ownership Rules Amid EasyJet Bids

The EU is preparing to revisit airline ownership rules to tighten limits on foreign control of carriers, Reuters reported Wednesday, citing an EU official.The move may complicate US bids for easyJet, which is the target of competing takeover offers from New York-based Apollo Global Management (APO) and Minneapolis-based Castlelake, the report said.The review, expected in the autumn, would clarify what corporate structures are permitted around control and ownership, while Apollo, Castlelake and easyJet haven't discussed deal details with EU regulators, the report said.The EU did not immediately respond to a request for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $118.97, Change: $+0.57, Percent Change: +0.48%

$APO
Research

HSBC Initiates Apollo Global Management at Buy With $145 Price Target

Apollo Global Management (APO) has an average rating of overweight and mean price target of $150.33, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

$APO
Sectors

Sector Update: Financial Stocks Edge Higher Late Afternoon

Financial stocks edged up in late Thursday afternoon trading, with the NYSE Financial Index up 0.1% and the State Street Financial Select Sector SPDR ETF (XLF) 0.2% higher.The Philadelphia Housing Index rose 1.6%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was up 1.8%.Bitcoin (BTC-USD) was shedding 0.8% to $64,191, and the yield for 10-year US Treasuries rose 2.4 basis points to 4.569%.In economic news, US retail sales rose 0.2% in June, following a 1.0% gain in the prior month, and meeting expectations in a survey compiled by Bloomberg.Initial jobless claims dropped to 208,000 in the week ended July 11 from 216,000 in the previous week, compared with expectations for an increase to 217,000.In corporate news, Apollo Global Management (APO) plans to allocate as much as $20 billion to financing projects in Mexico as it seeks new opportunities for its private credit business, Bloomberg reported. Apollo shares were up 0.7%.BlackRock (BLK) delivered a largely clean Q2 performance, with margin expansion reinforcing confidence that organic base fee growth can be sustained at the high end of guidance, UBS said in a note. UBS kept its buy rating and raised the price target to $1,320 from $1,270. BlackRock shares were down 0.7%.U.S. Bancorp (USB) and State Street (STT) reported higher Q2 earnings year over year on Thursday, as both lenders topped revenue estimates amid strong net interest income and fee-based gains. U.S. Bancorp shares rose 1.5%, and State Street was shedding 0.8%.Voya Financial (VOYA) has attracted informal takeover interest in recent weeks, though no talks are underway and the company's management and board are not seeking a transaction, Semafor reported. Voya shares rose 1.4%.

$APO$BLK$STT$USB$VOYA
Sectors

Sector Update: Financial

Financial stocks were edging higher in late Thursday afternoon trading, with the NYSE Financial Index and the State Street Financial Select Sector SPDR ETF (XLF) each increasing 0.1%.The Philadelphia Housing Index was climbing 1.7%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was up 1.8%.Bitcoin (BTC-USD) was shedding 0.8% to $64,203, and the yield for 10-year US Treasuries was rising 2.4 basis points to 4.569%.In corporate news, Apollo Global Management (APO) plans to allocate as much as $20 billion to financing projects in Mexico as it seeks new opportunities for its private credit business, Bloomberg reported. Apollo shares were up 0.8%.

$APO
Wire

Market Chatter: Apollo Plans Up to $20 Billion to Finance Projects in Mexico

Apollo Global Management (APO) plans to allocate as much as $20 billion to financing projects in Mexico as it seeks new opportunities for its private credit business, Bloomberg reported Thursday, citing people familiar with the matter.The asset manager is in talks to finance infrastructure projects as well as other debt deals in Mexico, the report said, citing the people.Apollo didn't immediately reply to a request for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $121.87, Change: $+0.03, Percent Change: +0.03%

$APO
Wire

Apollo Plans Up to $20 Billion for Financing Projects in Mexico, Bloomberg Reports

Apollo Plans Up to $20 Billion for Financing Projects in Mexico, Bloomberg Reports

$APO
Wire

Market Chatter: Apollo Global Management Engages With New York Yankees Over $3 Billion Financing Deal

Apollo Global Management's (APO) sports investing unit could be preparing a $3 billion financing package for the New York Yankees amid rising institutional capital inflows in professional sports, Bloomberg reported Wednesday, citing people familiar with the matter.Some of the funds are expected to be used to refinance outstanding debt, with the balance earmarked for growth opportunities, sources told the media outlet.Deliberations are underway, and a final decision regarding the financing structure is yet to be made, people told Bloomberg.Apollo Global Management and the New York Yankees did not immediately respond to requests for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $122.80, Change: $+2.87, Percent Change: +2.39%

$APO
Wire

Blackstone, Anthropic, Hellman & Friedman Unveil Enterprise AI Services Firm

Blackstone (BX), Anthropic and Hellman & Friedman said Wednesday they were launching the AI services firm Ode with Anthropic.Ode is a standalone company combining Anthropic's frontier AI models, AI engineers and operators and a consortium of investors that includes Goldman Sachs (GS), Apollo Global Management (APO), General Atlantic, Leonard Green & Partners, GIC and Sequoia Capital.Blackstone shares were 3.8% higher in Wednesday trading.Price: $129.44, Change: $+4.88, Percent Change: +3.92%

$APO$BX$GS
Commodities

Blackstone-Led Consortium Invests $5.34 Billion in Williams Power Venture

Williams Companies (WMB) secured a $5.34 billion investment from a Blackstone-led consortium to fund its Power Innovation projects while retaining majority ownership and operational control, the company said Monday.Funds managed by Blackstone Credit & Insurance, together with Apollo and insurance vehicles and accounts managed by KKR, will acquire a 49% noncontrolling stake in Williams' five power innovation projects, the company said.Of the total commitment, $4.4 billion will cover 49% of projected growth capital spending, while Williams will receive about $0.9 billion in additional proceeds. The company will continue to own 51% of the projects and oversee their operations.Williams and the investor group will share cash distributions according to their 51%-49% ownership interests. The company also secured an option to repurchase the stake between years 7 and 14, preserving future upside, it said.Power Innovation projects included in the deal are Socrates, Apollo, Aquila, Socrates the Younger and Neo, Williams said.The company expects the transaction to provide efficient equity funding for its existing Power Innovation developments and to support its pipeline of more than 6 gigawatts of planned power projects.Williams said the investment will reduce its funding requirements, limit additional borrowing and preserve balance sheet capacity for future growth opportunities while supporting its long-term leverage target."With more than 2.6 gigawatts announced, our Power Innovation portfolio is scaling rapidly, and we look forward to delivering these critical energy solutions for American companies," said Chad Zamarin, Williams President and Chief Executive Officer.The company reaffirmed 2026 adjusted EBITDA guidance in the upper half of its $8.05 billion to $8.35 billion range. It also maintained 2026 growth capital expenditure guidance of $7 billion to $7.6 billion and maintenance capital expenditure guidance of $850 million-$950 million.Williams now expects its 2026 leverage ratio midpoint to be about 3.6x, remaining within its long-term target of 3.5x-4.0x. All other per-share guidance remains unchanged, the company said.Price: $74.86, Change: $-0.16, Percent Change: -0.22%

$APO$BX$WMB
Wire

Top Midday Stories: Trump Says US to Be Guardian of Hormuz Strait; Meta to Invest Over $50 Billion in Louisiana Data Center Expansion

All three major US stock indexes were down in late-morning trading Monday, as the US and Iran exchanged airstrikes over the weekend.President Donald Trump said Monday on Truth Social that the US will act as "THE GUARDIAN OF THE HORMUZ STRAIT" and will receive reimbursement for all incurred costs "at the rate of 20% on all cargo shipped." Trump said the strait is open and will remain so for all non-Iranian vessels.In company news, Meta Platforms (META) said Monday it plans to invest over $50 billion in its Richland Parish, Louisiana, infrastructure project to expand its computing capacity to 5 gigawatts. The tech giant will finance seven new natural gas-generating plants and three grid-scale batteries to completely cover its power requirements. Meta shares were down 1% around midday.Funds managed by Blackstone (BX) Credit & Finance, in partnership with Apollo Global Management (APO) and KKR-managed (KKR) insurance vehicles will invest $5.34 billion in Williams' (WMB) five Power Innovation projects in exchange for a 49% noncontrolling equity interest in the projects, Williams said Monday. Blackstone shares were down 0.8%, and Williams shares were down 0.1%. Apollo and KKR shares were down 0.8% and 0.3%, respectively.Taiwan Semiconductor Manufacturing (TSM) said Monday its net revenue for June totaled about 442.68 billion New Taiwan dollars ($13.79 billion), up 6.2% from the previous month and up 67.9% from a year earlier. Its shares were down 1.2%.First Hawaiian (FHB) said Monday it has signed a definitive agreement to acquire TriCo Bancshares (TCBK) in an all-stock deal. Under the deal terms, TriCo shareholders will receive 2.095 First Hawaiian shares for each TriCo share, valued at $63.12 per share based on First Hawaiian's July 10 closing price. First Hawaiian shares were down 4.6%, while TriCo shares were up 10.5%.Ferguson Enterprises (FERG) said Monday it has entered into a definitive agreement to acquire FWI Holdings, or FloWorks, in a deal with an enterprise value of about $1.6 billion. The deal is expected to close in Q3, subject to regulatory approvals and closing conditions. Ferguson shares were up 2.1%.Roughly a dozen states are set to file a lawsuit Monday in federal court in an effort to block Paramount Skydance's (PSKY) acquisition of Warner Bros. Discovery (WBD), Bloomberg reported, citing a person familiar with the matter. Paramount and Warner Bros. shares were up 2.7% and 0.5%, respectively.A federal appeals court on Monday vacated a district court's earlier dismissal of plaintiff claims that they were not warned that prenatal ingestion of Kenvue's (KVUE) Tylenol and its generic equivalents could cause autism spectrum disorder attention-deficit/hyperactivity disorder. Kenvue shares were down 1.6%.Price: $662.82, Change: $-6.39, Percent Change: -0.95%

$APO$BX$KKR$KVUE$META$PSKY$TSM$WBD$WMB
Wire

Blackstone, Apollo, KKR to Invest $5.34 Billion in Williams' Power Innovation Projects

Funds managed by Blackstone (BX) Credit & Insurance, in partnership with Apollo Global Management (APO) and KKR-managed (KKR) insurance vehicles will invest $5.34 billion in Williams' (WMB) five Power Innovation projects in exchange for a 49% noncontrolling equity interest in the projects, Williams said Monday.The deal includes $4.4 billion and about $0.9 billion of additional consideration to Williams, which has a buyout right between years seven and 14 valued at the Blackstone outstanding investment balance amount, the company said.Price: $124.09, Change: $+1.02, Percent Change: +0.83%

$APO$BX$KKR$WMB
Sectors

Sector Update: Financial Stocks Rise Late Afternoon

Financial stocks were higher in late Friday afternoon trading, with the NYSE Financial Index rising 0.6% and the State Street Financial Select Sector SPDR ETF (XLF) increasing 0.3%.The Philadelphia Housing Index was climbing 1.9%, while the State Street Real Estate Select Sector SPDR ETF (XLRE) was up 0.3%.Bitcoin (BTC-USD) was increasing 1% to $63,828, and the yield for 10-year US Treasuries rose 3 basis points to 4.569%.In corporate news, UBS (UBS) played a key role in fueling withdrawals from Blue Owl's (OWL) Technology Income fund after it advised clients to pare down their private credit holdings, the Financial Times reported. Investors began pulling large sums of money from the fund in Q4 2025 just after the Swiss banks told clients with large private credit holdings to reduce their positions, the report said. UBS shares rose 0.5%, and Blue Owl was up 1.1%.Apollo Global Management (APO) launched a $7.65 billion bid for London-based airline EasyJet on Friday, modestly outbidding rival financial house Castlelake, Reuters and Bloomberg reported. Separately, Apollo has agreed to invest 3 billion euros ($3.4 billion) for a minority stake in a newly established entity holding Bayer's long-acting reversible contraceptives business, the companies said Friday. Apollo's shares were up 0.7%.Circle Internet Group (CRCL) received approval from the Office of the Comptroller of the Currency to establish First National Digital Currency Bank, which will operate under the name Circle National Trust. Circle shares gained 4.5%.Jackson Financial (JXN) shares climbed 6% after Jefferies upgraded the stock to buy from hold and raised the price target to $140 from $120.

$APO$CRCL$JXN$OWL$UBS
Sectors

Sector Update: Financial Stocks Rise Friday Afternoon

Financial stocks were higher in Friday afternoon trading, with the NYSE Financial Index rising 0.4% and the State Street Financial Select Sector SPDR ETF (XLF) increasing 0.2%.The Philadelphia Housing Index was climbing 2.4%, while the State Street Real Estate Select Sector SPDR ETF (XLRE) was down 0.1%.Bitcoin (BTC-USD) was increasing 1.3% to $63,977, and the yield for 10-year US Treasuries was rising 1.2 basis points to 4.57%.In corporate news, Apollo Global Management (APO) launched a $7.65 billion bid for London-based airline EasyJet on Friday, modestly outbidding rival financial house Castlelake, Reuters and Bloomberg reported. Separately, Apollo has agreed to invest 3 billion euros ($3.4 billion) for a minority stake in a newly established entity holding Bayer's long-acting reversible contraceptives business, the companies said Friday. Apollo's shares were up 1.2%.Circle Internet Group (CRCL) received approval from the Office of the Comptroller of the Currency to establish First National Digital Currency Bank, which will operate under the name Circle National Trust. Circle shares gained 4.5%.JPMorgan Chase (JPM) has been testing results of an AI model that allocates assets between stocks and bonds, Bloomberg reported. JPMorgan shares added 0.3%.

$APO$CRCL$JPM
Sectors

Sector Update: Financial

Financial stocks were higher in Friday afternoon trading, with the NYSE Financial Index rising 0.4% and the State Street Financial Select Sector SPDR ETF (XLF) increasing 0.1%.The Philadelphia Housing Index was climbing 2.3%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) down 0.2%.Bitcoin (BTC-USD) was increasing 1.3% to $63,977, and the yield for 10-year US Treasuries was rising 2.4 basis points to 4.563%.In corporate news, Apollo Global Management (APO) launched a $7.65 billion bid for London-based airline EasyJet on Friday, modestly outbidding rival financial house Castlelake, Reuters and Bloomberg reported. Separately, Apollo has agreed to invest 3 billion euros ($3.4 billion) for a minority stake in a newly established entity holding Bayer's long-acting reversible contraceptives business, the companies said Friday. Apollos shares were up 1.2%.

$APO
Sectors

Sector Update: Financial Stocks Rise Pre-Bell Friday

Financial stocks were rising pre-bell Friday, with the State Street Financial Select Sector SPDR ETF (XLF) advancing by 0.5%.The Direxion Daily Financial Bull 3X Shares (FAS) was up 1.7% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 1.4% lower.Circle Internet Group (CRCL) received approval from the Office of the Comptroller of the Currency to establish First National Digital Currency Bank, which will operate under the name Circle National Trust. Circle Internet Group shares were up more than 12% premarket.JPMorgan Chase (JPM) has been testing results of an AI-model that allocates assets between stocks and bonds, Bloomberg reported. JPMorgan Chase stock was 0.8% higher pre-bell.Apollo Global Management (APO) has agreed to invest 3 billion euros ($3.4 billion) for a minority stake in a newly established entity holding Bayer's long-acting reversible contraceptives business, the companies said. Shares of Apollo Global Management were nearly 1% higher premarket.

$APO$CRCL$FAS$FAZ$JPM$XLF
Oil & Energy

Market Chatter: Kuwait Petroleum Seeks Bidder Consolidations for $7 Billion Kuwaiti Oil Pipeline Stake

Kuwait Petroleum has requested that global investment funds bidding for a $7 billion stake in its oil pipeline network form consortiums to consolidate competing bids, aiming to accommodate smaller investors with close ties to the state energy firm, Reuters reported Thursday, citing sources.The deal has drawn notable interest across the alternative asset management sector, with Blackstone (BX) also surfacing as a participant for the first time in the current multi-year wave of Middle Eastern national oil company asset sales.Blackstone joins a group of infrastructure heavyweights advancing to the next round of the competitive sale process, including Brookfield Asset Management (BAM), Apollo Global Management (APO), KKR (KKR), EIG Global Energy Partners, and BlackRock (BLK) alongside its newly integrated infrastructure division, Global Infrastructure Partners.Except for KKR, who declined to comment, none of the parties involved responded immediately to' request for comments.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

$APO$BAM$BLK$BX$KKR
Sectors

Sector Update: Financial Stocks Advance Late Afternoon

Financial stocks were increasing in late Tuesday afternoon trading, with the NYSE Financial Index and the State Street Financial Select Sector SPDR ETF (XLF) each adding 0.2%.The Philadelphia Housing Index was down 0.2%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) gained 1.5%.Bitcoin (BTC-USD) was falling 3.3% to $62,249.7, and the yield for 10-year US Treasuries decreased 1.2 basis points to 4.50%.In economic news, the June flash reading of manufacturing conditions from S&P Global rose to a 49-month high of 55.7 from 55.1 in May, in contrast with an expected decrease to 54.6 in a survey compiled by Bloomberg.Redbook US same-store sales surged 10% from a year earlier in the week ended June 20 after a 9.4% year-over-year increase in the previous week.In corporate news, Goldman Sachs' (GS) equities business is on track to generate more than $5 billion in revenue in Q2, Bloomberg reported. Goldman shares were down 1%.Apollo Global Management (APO) has restricted investor redemptions for its private credit fund, Apollo Debt Solutions, following a surge in share repurchase requests from stakeholders. Apollo shares fell 2.9%.Korn Ferry (KFY) on Tuesday reported higher fiscal Q4 results, although the consulting firm issued an outlook calling for lower earnings in the current quarter. Its shares rose 5.1%.Blackstone (BX) is preparing to invest $30 billion in AI data centers in Japan within the next three to five years, Nikkei Asia reported, citing an interview with Chief Operating Officer Jonathan Gray. Blackstone shares declined 2.9%.

$APO$BX$GS$KFY

Showing 1-20 of 83

Track with the FINWIRES app suite

FolioX
FolioX
Track APO in your portfolio
WheelAI
WheelAI
Analyze APO options with the wheel strategy
StockInsider
StockInsider
See market sentiment on APO