Apollo's Deal Spree Drives Fee-Related Revenue to a Record
Bloomberg's Laura Benitez joins Dani Burger on "Bloomberg Deals." Apollo Global Management reported record revenue from fees as it vies to be one of Wall Street's largest lenders.
Bloomberg's Laura Benitez joins Dani Burger on "Bloomberg Deals." Apollo Global Management reported record revenue from fees as it vies to be one of Wall Street's largest lenders.
Former Assistant Secretary of State Barbara Leaf said that a potential deal between the US and Iran on the Strait of Hormuz would simply reset the negotiating table for more detailed discussions on the wider war and that she does not believe there is credibility to President Trump's threats that this is Iran's 'last chance' to come to the table. Leaf said that in terms of negotiation timeline, she believes it would be 'exceptionally difficult' to reach durable agreements by November.
Julia Moore, co-founder and managing partner at Breakout Ventures, Emily Zhao, managing director of Salesforce Ventures, and Daniel Docter, managing director at Dell Technologies Capital, join Dani Burger on "Bloomberg Deals."
Bloomberg's Todd Gillespie joins Dani Burger on "Bloomberg Deals." Polymarket is seeking to raise capital at a valuation of more than $20 billion, months after it closed an earlier round with new investment from hedge fund D.E. Shaw & Co.
Zoox is entering a new phase of its business as it's getting ready to launch paid robotaxi rides in Las Vegas, becoming the first company in the US to charge for rides in a purpose-built, steering wheel-free autonomous vehicle. Zoox CEO Aicha Evans joins Bloomberg to discuss pricing, expansion plans and production ramp-up. She joins Ed Ludlow on "Bloomberg Tech."
SpaceX's AI cloud business is emerging as one of the company's fastest-growing businesses, according to Edison Yu, head of Global Space & Aerial Mobility at Deutsche Bank. He explains why leasing AI compute capacity could soon become SpaceX's biggest revenue driver, how the company is progressing toward orbital data centers, and why Starship remains the key to unlocking its long-term ambitions. He joins Ed Ludlow on "Bloomberg Tech."
Iran said it reached an agreement with Oman on a proposed route for shipping through the Strait of Hormuz, a potential step toward a reopening of the critical waterway for energy supplies. Both sides have been talking for days about how to manage the Strait. A joint statement is being reviewed. Bloomberg's Jeff Mason has the latest from the White House on "Balance of Power."
Starboard Value CEO Jeff Smith explains why his firm has built a new stake in Shake Shack. Speaking with Dani Burger on "Bloomberg Deals," Smith also discusses his firm's stakes in Lamb Weston and CarMax.
Uber Chief Executive Officer Dara Khosrowshahi says the business continues to grow and they're doing 300 million trips per week. But he admits there was a trip slowdown in Brazil because of more competition from local food delivery bikers. He speaks on "Bloomberg Tech."
Walt Disney's profit beat Wall Street estimates in the company's fiscal third quarter, driven by soaring income from its entertainment division and the resilience of its theme parks in California and Florida. Bloomberg's Geetha Ranganathan joins Bloomberg Intelligence to discuss Disney as well as Paramount Skydance's earnings.
A slew of strong corporate profits sent stocks to fresh all-time highs, with the market also rising as President Donald Trump said a deal on the Strait of Hormuz is possible as early as Wednesday. While equities pared earlier gains, the S&P 500 headed toward its longest winning streak since June. Alicia Levine, CIO at BNY Wealth, discusses the path ahead for the S&P 500.
Municipal bond technicals remain highly constructive, helping the market easily absorb issuance running at a record pace. Yet geopolitical and monetary-policy concerns have pushed global nominal yields higher during the third rate-markets pullback of the year. Nisha Patel, Senior Portfolio Manager: Fixed Income at Parametric, talks about the tough month for municipals and bond market warnings.