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The Latest Breaking News from Apollo

Apollo Hospitals Q1 Results: Net profit jumps 38% YoY to Rs 610 crore; revenue rises 21%

Apollo Hospitals reported a 38.4% year-on-year rise in Q1FY27 net profit to ₹610 crore, while revenue grew 20.6% to ₹7,044 crore. EBITDA increased 28.2%, supported by higher healthcare volumes, complex procedures, capacity expansion and strong international patient growth.

The Economic Times

Cathie Wood's ARK Invest Buys Nvidia Dip, Loads Up on Broadcom; Deere Stake Cut by $37M

Cathie Wood's ARK Invest ramped up its stakes in Nvidia and Broadcom amid the ongoing AI infrastructure expansion, while reducing its position in Deere by $36.8 million.

International Business Times UK

Nvidia partners with Wall Street giants to raise $500 billion for AI buildout

Nvidia signed memorandums of understanding with Apollo, BlackRock, Blackstone, ⁠Brookfield, Goldman Sachs and KKR for the financing platforms. Nvidia CEO Jensen Huang said on ‌X that the ⁠company ⁠has the option to backstop up to $125 billion, or 25% of the potential deals.

The Economic Times

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Apollo Backs the Yankees With $2.6 Billion in Financing

Apollo Sports Capital is providing $2.6 billion in debt and equity financing to Yankee Global Enterprises, bringing the private-equity firm in as a new strategic backer of the New York Yankees’ holding company.

Benzinga

Nvidia Lines Up $500 Billion AI Financing Push As CEO Jensen Huang Says Chips Are Now an 'Investable Asset'

Nvidia has signed memorandums of understanding with Apollo Global Management, Blackstone, BlackRock, Brookfield Asset Management, Goldman Sachs and KKR to create financing platforms for Nvidia customers.

International Business Times

Nvidia Triggers Trillion-Dollar Bubble Fears After Wall Street Hands Firm Five-Hundred Billion

Nvidia collaborates with top financial firms to mobilise $500bn for AI infrastructure, aiming to transform AI computing into a sustainable asset.

International Business Times UK

He earned $3.10 an hour as a valet parker. Now he’s worth $11.1 billion and runs a trillion-dollar firm

Marc Rowan went from earning $3.10 an hour as a valet parker and taking other ordinary jobs to becoming the CEO of Apollo, a trillion-dollar asset management firm, with an estimated net worth of $11.1 billion.

The Economic Times

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Nvidia links with Wall Street firms for $500bn AI financing deal

Apollo, BlackRock, Goldman Sachs and KKR among those working with chipmaker to fund infrastructure

The Guardian - UK

What should EasyJet shareholders do now after takeover bid is confirmed?

There remains a gap between the current share price and the eventual buying price

The Independent UK

Top economist warns that the AI math doesn’t make sense: 'Profits are currently being funded by investors rather than earned from customers'

The AI boom has turned the standard profit margin model on its head, according to Apollo chief economist Torsten Slok—and it’s making the industry’s growth unsustainable.

Fortune

Apollo's Torsten Slok Says AI Capex Boom Is Growing Nearly Twice as Fast as the Mid-2000s Housing Bubble

The expansion of artificial intelligence (AI) infrastructure is accelerating at an unprecedented rate. According to a recent analysis, data-center investment growth is “building at close to twice the pace” of the mid-2000s housing boom. This breakneck speed presents a severe macroeconomic threat if AI demand falters and triggers a sudden…

Benzinga

EasyJet to be sold to US private-equity firm in £5.7bn deal

Apollo pledges not to cut jobs for at least a year

The Independent UK

Hackers targeted US private equity, other firms including Blackstone, CME, data shows

The data shows the hackers devised websites aimed at stealing passwords from employees of private equity firms and companies including Blackstone, Bridgewater Associates, Apollo Global Management, Bain Capital, KKR, TPG, CME Group and Moody's, as well as a host of financial companies and other businesses. Internet company Google said in…

The Economic Times

EasyJet agrees to £5.7bn takeover by US private equity firm

Airline says it has accepted offer from Apollo Global Management after rival bidder Castlelake walks away

The Guardian - UK

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Evening Standard

EasyJet set for £5.7bn Apollo takeover after rival bidder walks away

The move will see the US firm, which also owns Wagamama-owner The Restaurant Group, pay shareholders 715p per share for the business.

Space

SpaceX’s Falcon 9 wasn't the first rocket to crash into the moon. Here's a rundown

The SpaceX Falcon 9 rocket upper stage that collided with the moon on Wednesday (Aug. 5), was just the latest in a line of energetic lunar touchdowns.

Barchart

Dear Quantinuum Stock Fans, Mark Your Calendars for August 11

Quantinuum is about to deliver its first public earnings report, which could determine its growth trajectory.

Fortune

Apollo CEO has a $11.1 billion net worth today—but he started out with a series of hospitality jobs, from valet parking to working in a party store

Just like other CEOs, Marc Rowan, the cofounder of Apollo Global Management, says “you have to take something away from” ordinary jobs.

Get all your
news in one place.

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Sports Illustrated

Who Owns Wrexham? Inside the Club's Ownership Structure, Investors

The Red Dragons have enjoyed a remarkable rise under the ownership of Rob Mac and Ryan Reynolds.

Fortune

From Pochettino to MLS, the giants of American finance keep making big promises about the future of U.S. soccer

Ken Griffin helps fund Pochettino through 2030, KKR backs MLS's development league, and the new MLS commissioner is an Apollo veteran.

Benzinga

Apollo: Private Markets' Next Growth Phase Just Beginning as AI, Retirement, Investment-Grade Credit Expand Market

Apollo Global Management (NYSE:APO) says the private markets industry is entering a new phase of growth that extends well beyond traditional private equity and direct lending, as demand for artificial intelligence infrastructure financing, investment-grade private credit and retirement products reshapes the sector.

The Economic Times

Apollo Global debt deal fees and insurance earnings rise, asset sales drag

Apollo Global Management has posted unprecedented fees from its lending and insurance sectors, though asset sales fell short, resulting in a stock price decline. The company wisely postponed certain divestitures in response to market conditions, while notching up quarterly records in both fee-related and spread earnings. With an upcoming focus…

The Independent UK

A discarded SpaceX rocket is on a high-speed collision course with the moon

Its trajectory underscores a growing concern about the increasing amount of debris in Earth's orbit and beyond

Fortune

Apollo President: America’s industrial comeback requires a new financial playbook and a fatter checkbook

The most important financial story of the next decade is not the rise of private credit, but the return of capital intensity we haven't seen in decades.

Fortune

Nearly a third of workers admit to sabotaging their company's AI—and smaller paychecks may explain why

As surveys document quiet resistance and outright sabotage, Apollo's Torsten Slok offers a theory: AI is compressing wages while leaving job counts intact.

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