Apollo

Nvidia is utilizing its massive cash reserves as a competitive moat by backstopping neoclouds, securing components, and investing in AI startups. The company announced an initiative to bring in at least $500 billion of outside capital from financial firms including Apollo, Blackstone, and Goldman Sachs. This creates a self-reinforcing cycle where Nvidia's technological dominance generates cash, solidifying its market advantage.

Nvidia signed MOUs with major financial institutions including Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR. The collaboration aims to facilitate a $500 billion financing push by treating AI compute as a financeable asset class.

Economist Torsten Slok warns that AI profits are currently funded by investors rather than earned from customers, citing a lopsided profit margin structure within the value chain. While silicon and equipment maintain high margins (41%), models and applications report negative operating margins (-59%). Slok warned that if financing slows, this disparity threatens the stability of the expanding industry.

Apollo, a private capital group, has prudently delayed asset sales amid an evolving exit environment, unlike rivals who benefited from such transactions.

The article covers a growing cyclosporiasis outbreak in Michigan leading to food stock declines, bipartisan support for Blanche for Attorney General, advancing Iran-Oman Hormuz talks following Trump's attack halt, easing oil prices and market rallies, AWS's fastest growth in five years, AstraZeneca's potential mega-merger with Bristol-Myers, Visa's acquisition of BioCatch, U.S.-Japan yen defense measures, U.S. manufacturing hitting a four-year high, and Apollo's selection of Austin for its second headquarters.

Wall Street analysts from Goldman Sachs and Apollo acknowledge potential issues in the technology sector's earnings and the declining effectiveness of the 60/40 investment portfolio. The 60/40 model, long considered a market safeguard, is criticized for failing amid rising government debt and shifts in tech dominance, particularly as AI-driven growth slows.

Apollo and Castlelake, competing for EasyJet, now share a 5 p.m. Friday deadline to commit or withdraw after the U.K. Takeover Panel extended Castlelake's original August 3 deadline. The extension aligns both suitors under the same timeline for the takeover bid.

Easyjet has given Castlelake until Friday to outbid rival Apollo in a takeover attempt. The airline is currently evaluating bids from both Castlelake and Apollo.

BlackRock Inc. is competing with Apollo in bids for Mexican projects. The company operates from a high-end office in Mexico City, focusing on the country's buildout.

Federal Reserve Chairman Kevin Warsh's failure to signal commitment to fighting inflation has caused a 'credibility shock,' with market reactions like the bond yield curve indicating skepticism. Economists suggest a potential September rate hike to restore trust, as Warsh's ambiguous statements on inflation tools and forward guidance rattled markets.

US regulators have identified a 'circular' risk in investments utilized by KKR and Apollo. They warn that such investments, which are filling insurance balance sheets, may contain hidden risks.

The EU's review of airline ownership rules has cast doubt on Apollo's £5.7bn bid for easyJet, causing shares in the UK low-cost carrier to slide. The move by Brussels raises uncertainty about the takeover's future.

Tech stocks led a steep global sell-off as investors lost faith in the AI chip trade. An Apollo analyst warned that a hyperscaler pullback could push the economy into a recession, while Airbnb CEO Brian Chesky was targeted in an AI-related hacking incident. The U.S. is bombing civilian infrastructure in Iran, and government debt has surpassed levels seen during the Global Financial Crisis.

A New York Court of Appeals decision in the Steinway Tower case created a precedent by allowing a lawsuit to proceed despite 'sole discretion' contract language, challenging the enforceability of such clauses. The ruling emphasized an implied covenant of good faith, raising concerns among real estate attorneys about increased litigation costs and delays.

JLL Capital secured a $71 million construction loan to convert a 10-story Tribeca warehouse into condominiums, with financing provided by Apollo affiliates and a joint venture between Broad Street Development and TPG Angelo Gordon. The project, approved by the Landmarks Preservation Commission, is the first residential conversion in Tribeca under the city’s 467m tax incentives.

Private-equity firm Apollo has launched a $7.7B bid for budget airline easyJet, following a $7.3B offer from Castlelake days earlier. The competing offers could trigger a bidding war for the airline.

Apollo, a US investment giant, outbid Castlelake in a last-minute twist during the takeover battle for the UK budget airline easyJet.

British budget airline EasyJet has agreed to a £5.7-billion takeover by U.S. private equity firm Apollo, surpassing a rival bid from American private equity investor Castlelake. The deal marks a strategic shift for the airline amid competing offers.

British budget airline EasyJet has agreed to a £5.7-billion takeover by U.S. private equity firm Apollo, surpassing a competing bid from American private equity firm Castlelake.

Apollo is nearing a record spending level through deals with EasyJet and Bayer. The article mentions passenger aircraft operated by EasyJet as part of these developments.

Bayer has sold its stake in the contraceptives business to Apollo in a €3 billion financing deal. The transaction aims to strengthen Bayer's balance sheet following years of legal challenges related to its Roundup weedkiller.

easyJet's stock rose 14% as Apollo and Castlelake submit takeover bids for the budget airline. Apollo's proposed bid is valued at $7.7 billion.

EasyJet has accepted a takeover bid from US investor Apollo worth £5.7 billion. The deal involves a significant financial investment from Apollo, a major US-based investment firm.

US private equity firm Apollo has entered a bidding war for easyJet with a £5.7bn all-cash offer. The airline’s board is 'minded to recommend' the deal after previously accepting a rival offer from Castlelake earlier this week.

US private equity firm Apollo has made a £5.7bn offer for easyJet, which the airline’s board is minded to recommend to shareholders. This follows a prior offer from rival firm Castlelake earlier in the week.

Bayer AG sold a $3.4 billion stake in its contraceptives division to Apollo. The transaction involves the sale of a significant portion of Bayer's contraceptive business.

Apollo has submitted a rival bid for EasyJet that surpasses Castlelake's offer. The article references an EasyJet passenger aircraft at London Luton Airport.

The IMF reduced its 2026 global growth forecast to 3% due to high energy prices from the Iran conflict, which is slowing economic growth and raising inflation. The fund noted AI demand helped avoid a sharper downturn and expects growth to rebound in 2027, while the US Federal Reserve remains divided over interest rate adjustments amid uncertainty about prolonged energy price impacts.

Deutsche Bank economist Jim Reid states AI's productivity gains are years away, with current data showing no significant economic impact. If AI fails to deliver, it could exacerbate global debt issues. Apollo's Torsten Slok warns of potential market repricing if AI investments underperform.

Apollo, a private equity firm, is struggling to sell a Hispanic grocery chain following US immigration raids that have reduced sales. The raids have negatively impacted the company's efforts to divest the business.

Blue Owl faced $4.7 billion in redemptions across two funds, with investors withdrawing 19% from its flagship fund and 38% from a software-focused lending fund. The firm honored 5% of withdrawal requests, a standard industry cap, while its stock rose 10% as loan performance exceeded expectations. Blue Owl's challenges include managing investor fears about private credit and sustaining growth.

Apptronik, a Texas-based robotics startup valued at over $5.5 billion, has opened a 'Robot Park' in Austin to train its Apollo humanoid robots through real-world tasks. The facility, operating seven days a week, collects data to enhance AI models for factory, service, and home applications, with investors including Mercedes and Google.

Leon Black, co-founder of Apollo, told Congress that Jeffrey Epstein stole $60 million from him. Black stated he was deceived into paying $158 million in fees he believed would cost $95 million after taxes.

Ex-Apollo CEO Leon Black stated that Jeffrey Epstein defrauded him of over $60 million, using the metaphor 'I knew Jekyll. I didn't know Hyde.' He made this claim in a prepared statement to the House Oversight and Government Reform Committee.

Leon Black, co-founder of Apollo, is set to appear before the US House Oversight Committee regarding links to Epstein. The billionaire is among prominent figures facing scrutiny from the influential committee.

Gen Z graduates are blaming AI for their unemployment, but economist Torsten Slok argues factors like Fed tightening, trade-war uncertainty, and slowing immigration are more significant. Unemployment for recent graduates remains at 5.6%, higher than the 4.2% rate for all workers, with the gap emerging before ChatGPT's release. Companies' mixed messaging on AI is fueling Gen Z's job insecurity.

Private equity's investment in life insurance companies has shifted risk profiles, pushing insurers toward alternative assets and creating 'zombie insurers' at risk of failure. Anant Bhalla, former CEO of American Equity, warns this trend prioritizes high-risk investments over traditional bonds, with AM Best data showing higher returns but increased risk for portfolios managed by Wall Street-backed insurers.

Apollo is limiting withdrawals in its main retail-focused private credit fund after exit requests reached 17%, sparking renewed concerns about liquidity in the private credit market.

The cost of AI tokens has dropped over 90% since 2023, but corporate spending on large language models has doubled, driven by increased usage despite lower unit costs. Economists warn this reflects Jevons paradox, where efficiency gains lead to higher overall consumption, as companies automate more workflows and deploy AI extensively.

Apollo chose Austin, Texas, over Florida for its second U.S. headquarters due to concerns about private school availability in Florida, according to a report by The Financial Times. The decision was made under the leadership of Marc Rowan.