Ignore the ‘AI Revolution' at Your Own Peril, Investors Warn [BNN Bloomberg (Canada)]
Apollo Global Management, Inc. (New) (APO)
Last apollo global management, inc. (new) earnings: 5/1 07:00 am
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Source: BNN Bloomberg
Speaking at the Bloomberg Invest summit Tuesday, Coatue Management founder Philippe Laffont said he's bullish on AI despite the hype, pointing out that increased chatter about an investment can actually be a good sign. But he expressed some concern about geopolitical instability in China potentially affecting production of the chips that power AI computing. If China invades Taiwan, for example, it would adversely affect Nvidia shares and global stock markets, Laffont said. Nvidia, the darling of the AI boom, gained 6.8% on Tuesday, rebounding from a recent selloff that erased $430 billion of its market value. Earlier in the day, Neuberger Berman portfolio manager Steve Eisman — who gained fame betting against subprime mortgages and owns “a lot” of Nvidia shares — said he's undeterred. “If you look at the chart on Nvidia, you can barely see the correction,” Eisman said in a separate Bloomberg Television interview on Tuesday. “I don't think it means anything.” During wide-rangi
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News
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- Attorney Who Beat Trump Twice in Court Starts New Boutique Firm [BNN Bloomberg (Canada)]BNN Bloomberg
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APO
Earnings
- 5/2/24 - Beat
APO
Sec Filings
- 6/24/24 - Form 4
- 6/14/24 - Form 4
- 6/5/24 - Form 4
- APO's page on the SEC website