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Apollo just set a goal to manage $1.2 trillion in private loans by 2029. These 7 slides show how it will get there.
Business Insider· 2024-10-01 22:01
Apollo aims to grow its private-lending business to $1.2 trillion by 2029.Asset managers, like Apollo, are taking over lending once handled by banks, CEO Marc Rowan said.Here are 7 slides from Apollo's investor day that lay out the plan behind its $1-trillion plan. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a person ...
The AI boom turned Nvidia into a trillion-dollar giant. Its next big bet is even more complex.
Business Insider· 2024-10-01 09:00
Nvidia's gaming past and mastering of the GPU made it well-positioned for the AI boom.Its next market to corner is advanced robotics that could give way to humanoids.Technical hurdles could be a reality check to Jensen Huang's robotics future. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a personalized feed while you' ...
Boeing's 737 safety mess just got worse
Business Insider· 2024-10-01 08:13
The National Transportation Safety Board has more concerns about Boeing's planes.It said at least 40 airlines outside the US may be operating aircraft with risky rudder parts.This is the latest blow to Boeing, which has been plagued by safety probes. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a personalized feed whi ...
Microsoft won't follow an Amazon-style RTO policy unless productivity slows, exec tells employees in internal meeting
Business Insider· 2024-09-30 17:49
A Microsoft exec reassured staff it won't mandate a return to the office unless productivity drops.Amazon's five-day RTO policy has faced backlash from some of its corporate workers.Microsoft recently pitched hybrid work as a way to boost productivity and retain employees. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in ...
Apple no longer in talks to invest in OpenAI: report
Business Insider· 2024-09-28 02:31
Apple "fell out" of talks to invest in OpenAI's next funding round, The Wall Street Journal reported.The ongoing funding round, which could value OpenAI at $150 billion, could raise up to $6.5 billion.The round's investors and amounts could still change as talks are finalized. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics ...
Google is the latest company to land in Donald Trump's crosshairs
Business Insider· 2024-09-27 21:34
Donald Trump threatened to prosecute Google "at the maximum levels" if he's elected president.Trump accused Google of favoring rival Kamala Harris over him in search results.It's the latest direct threat against a company that caught Trump's ire. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a personalized feed while y ...
Netflix's stunning comeback — explained in one chart
Business Insider· 2024-09-27 09:01
Netflix is crushing the streaming competition.You know this, and its competitors know this. But its big win wasn't always a certainty.Now it is — and investors are rewarding Netflix and punishing everyone else. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email address ...
One chipmaker is finally reaping the benefits of Nvidia's AI chip boom
Business Insider· 2024-09-27 08:36
Micron surged over 15% after strong revenue and profit forecasts driven by AI spending.The chipmaker's Q4 revenue hit $7.75 billion, nearly double last year's fourth-quarter performance.Other chip stocks also rallied on Thursday after Micron's revenue guidance. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a personaliz ...
Mark Zuckerberg seems to have stuck the landing at Meta Connect
Business Insider· 2024-09-26 18:58
Mark Zuckerberg's Meta Connect keynote impressed Wall Street, boosting Meta's stock on Wednesday.Zuckerberg unveiled new Meta Quest headsets, AI features, and Orion holographic glasses.Analysts praised the keynote but noted Orion's high cost and delayed consumer release. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a ...
Nvidia continues acquisition streak with OctoAI
Business Insider· 2024-09-26 16:50
By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email.Access your favorite topics in a personalized feed while you're on the go. download the appThanks for signing up! Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewNvidia has acquired OctoAI in its fifth deal this year, ...