Apollo Global Management

New On The Block Abry Partners hired JPMorgan Chase to find a buyer for physician social network Sermo, Axios reports. Bids are expected to be between $600 million and $800 million. Boston-based Abry first invested in Sermo in 2019. Verint Systems Inc. (NASDAQ:VRNT), a provider of call center...

According to Jim Zelter of Apollo Global Management, President Donald Trump has already set the stage for passing the blame without taking any accountability for his trade, tariffs and economic policies. What Happened: On Thursday, speaking with Bloomberg TV, Zelter said Trump is deliberately...

Mark Rowan, CEO of Apollo Global Management (NYSE:APO), has publicly disagreed with Warren Buffett’s perspective on tariffs and trade, viewing them as a strategic instrument rather than a “weapon”. What Happened:  During an interview with Yahoo Finance at the Milken...

Renowned investor Steve Eisman continues to bet big on Artificial Intelligence, unfazed by current valuations in the segment, or tariff-related uncertainties. What Happened: On Tuesday, Eisman the former Senior Portfolio Manager at Neuberger Berman told CNBC’s “Squawk Box” that he...

Apollo Global Management is negotiating to lead a $35 billion financing deal to support Meta Platforms Inc (NASDAQ:META) in developing new data centers across the U.S., according to a Bloomberg report. What To Know: The talks are still in early stages and no final agreement has been made. Meta's...

The economy is too strong to “justify” four interest rate cuts getting priced in by year-end, according to Apollo Global Management‘s Torsten Slok. What Happened: “Where is the slowdown that everyone’s talking about?” Slok asked CNBC on Friday morning — just...

As Paramount Global (NASDAQ:PARA) (NASDAQ:PARAA) navigates through a potential merger with Skydance Media, investor concerns are surfacing regarding the deal’s fairness and the exploration of alternative options. What Happened: Some investors of Paramount Global are voicing their unease over...

Paramount Global (NASDAQ:PARAA) (NASDAQ:PARA) has reportedly entered into exclusive merger talks with Skydance Media. This decision comes at the expense of a $26 billion offer from Apollo Global Management (NYSE:APO). What Happened: The Paramount Global board gave the nod to Skydance Media on...

The Institute of Governmental Studies at the University of California, Berkeley is using mobile phone data containing user locations to gather data surrounding office attendance. The newer method of data scraping directly measures downtown activity patterns and offers a unique way to monitor the...

Yahoo, a portfolio company of private equity giant Apollo Global Management (NYSE: APO), has a retail trading business in the works. Yahoo's new commerce and transaction business is expected to bolster its other core businesses — Yahoo Sports, Yahoo Finance and Yahoo Mail, according to...

The New York Post reports the richest man in the world is looking to do a leveraged buyout (LBO) as a possible way to finance his bid to purchase 100% of Twitter Inc (NYSE: TWTR). What Happened: While Musk is worth north of $270 billion, the Post reports that the Tesla Inc (NASDAQ: TSLA) chief is...

Benzinga’s “Daily Brief On Trending Tickers” features top-searched tickers from around the web and uses the Benzinga Pro platform to highlight recent news items possibly impacting those stocks. The data on the trending tickers is compiled from a list of most-discussed tickers on...

Shares of Twitter Inc (NYSE: TWTR) ticked higher Monday afternoon on news that buyout firm Apollo Global could be the latest to put in an offer for the social media platform. What Happened: After Tesla Inc (NASDAQ: TSLA) CEO Elon Musk put in a buyout offer of $54.20 per share for Twitter, many...

The largest business-to-business travel platform is going public via SPAC merger announced Friday morning. The SPAC Deal: American Express Global Business Travel (GBT) announced a SPAC deal with Apollo Global Management Inc (NYSE: APO)-backed SPAC Apollo Strategic Growth Capital (...

This weekend's Barron's examines how Biden won an extraordinary election and what a Biden administration could mean. Other featured articles discuss how to position a portfolio for political gridlock, the outlook for big tech and dividends that are being resumed. Also, the prospects...