Apollo ($APO) podcast mentions
Bloomberg's Haley Lyons reports a progressive and a moderate are also squaring off in Minnesota's Democratic Senate primary. Left-wing Lieutenant Governor Peggy Flanagan is taking on centrist Congresswoman Angie Craig, and in South Carolina, 10 Republicans are running to replace the late state Senator Lindsey Graham on South Carolina's November ballot. Apollo Global Management is providing $2.6 billion of financing to the owners of the New York Yankees, the private capital giant's largest investment to date in U.S. sports. Bloomberg senior reporter Randall Williams says the Steinbrenner family will keep full control.
Amy Morris — Bloomberg News Now · Houthi Attacks Beyond Hormuz, 3K Missing in Colombia Quake, More · 2026-08-11Really cool story today out In the business of sports, this is another example of private equity or institutional capital in general, uh, investing in a professional sports. In this one, it's Apollo, uh, inks a $2.6 billion financing deal with the New York Yankees. How about that? Randall Williams, Bloomberg Business of Sports reporter, joins us here. Um, seems like a big number. What, what, what do we know about this investment?
Nathan Hager — Bloomberg Intelligence · Apollo Inks $2.6 Billion Financing Deal With NY Yankees · 2026-08-11And I think I read that it's— this is the largest investment Apollo has made in terms of a sports team.
Karen Moscow — Bloomberg Intelligence · Apollo Inks $2.6 Billion Financing Deal With NY Yankees · 2026-08-11Let's get right to Ed Ludlow. He's a Bloomberg Tech co-host. He's out there in Silicon Valley. We don't know what the heck he's doing out there. We have great offices out there in San Francisco, by the way. And there are literally countless number of tech-related headlines that we could talk to you about today. But I'm just going to go to the biggest number I can find, and that is US investment giants including Apollo, Blackstone, BlackRock, Brookfield Asset Management are partnering with NVIDIA Corp. Another name drop. To source $500 billion in financing for artificial intelligence infrastructure. Can you explain what's going on? I don't know what it means to source $500 billion in financing.
Nathan Hager — Bloomberg Intelligence · Apollo Inks $2.6 Billion Financing Deal With NY Yankees · 2026-08-11Nvidia partnering with 6 asset management giants on a $500 billion financing push that aims to turn compute infrastructure into Wall Street's newest asset class. Nvidia signing memorandums of understanding with Apollo Global, Blackstone, BlackRock, Brookfield Asset Management, Goldman Sachs, and KKR to set up financing platforms for Nvidia's customers. The effort aims to mobilize more than $500 billion in third-party capital for hyperscalers. Frontier AI Labs and enterprises to build data centers and acquire NVIDIA hardware. Here's NVIDIA CEO Jensen Huang in a roundtable discussion with Becky.
Melissa Lee — Squawk Pod · Nvidia’s Investable Chips, the VA Governor, & AI Gone Rogue 8/11/26 · 2026-08-11Bloomberg's Ed Ludlow. Paramount Skydance chairman and CEO David Ellison is considering moving the company out of California amid his legal battle over the Warner Bros. Discovery takeover, Ellison told Paramount senior execs he is prepared to relocate Paramount if California's Attorney General Rob Bonta does not agree to negotiate a settlement in the case, with the company to begin the process of leaving California October 1st. Ellison says the Paramount's guidance board has approved the move, which would involve shifting most studio jobs out of California over a 5-year plan, with potential new destinations including Georgia, Texas, and Tennessee. Apollo Global Management is providing $2.6 billion of financing to the owners of the New York Yankees, consisting of debt and equity. Bloomberg senior reporter Randall Williams: It's a mix of debt and equity.
Amy Morris — Bloomberg News Now · Shifting Narratives In Iran, Crude Oil Rises, More · 2026-08-11Bloomberg's Dan Curtis reports that sale drew more than $100 billion $1.5 trillion in interest. Nvidia shares are up 1.5% at the open. The AI chip giant's partnering with 6 Wall Street giants, including Apollo Global Management, Goldman Sachs, and KKR, on a deal to source $500 billion in AI financing using computing power as collateral. Bloomberg Tech host Ed Ludlow has more.
Nathan Hager — Bloomberg News Now · Stocks Open Higher, Pakistan Sees US-Iran Deal 'Close,' More · 2026-08-11That's Bloomberg's Ed Ludlow. And this morning, NVIDIA also announced a new open model called Neutron 3.5 Lightning. It says the AI model is as smart as more powerful versions but in a much smaller size. In the business of sports, it is high, it is far, it is gone. It is a big shot in the arm for the New York Yankees. Apollo Global Management's providing $2.6 billion in financing to the team through its sports investment arm. It's Apollo's biggest investment to date in U.S. sports. LeBron King James's debut with the Philadelphia 76ers is going to get a big audience. James will be in Madison Square Garden to face the NBA champion New York Knicks on opening night, October 20th. King James will face his old team, the Los Angeles Lakers, on Christmas Day. The NBA released its sneak peek schedule for next season this morning. The full schedule comes out on Thursday. That's news when you want it with Bloomberg News Now. I'm Nathan Hager. This is Bloomberg.
Nathan Hager — Bloomberg News Now · Stocks Open Higher, Pakistan Sees US-Iran Deal 'Close,' More · 2026-08-11And that's Bloomberg's Dan Curtis, who reports Intel's share sale drew more than $100 billion in interest. Apple is still planning to offer a glass-centric overhaul of the iPhone for the device's 20th anniversary. Sources say the company expects to launch iPhone Pro models next year. That'll make use of a new glassy look, with glass used on the front and back of the phones and curving into the sides. The news counters and analysts report that the move had been canceled. Apollo Global Management is providing $2.6 billion of financing to the owners of the New York Yankees. It's the private capital giant's largest investment to date in U.S. sports. And U.S. small business optimism rose in July to the highest level in almost a year as firms ramped up hiring plans and inflation pressures eased. The National Federation of Independent Business Index increased 2.4 to 99.8. That was the highest level since August 2025. And 8 of the 10 companies that make up the gauge improved, 2 declined. U.S. stock index futures are edging higher this morning. Treasuries erased their losses right now. S&P futures are up 0.2%. Dow futures up almost 0.1%. Nasdaq futures up 0.4%. 10-year Treasury yield at 4.69%. And NYMEX crude oil remained higher at $82.36 a barrel. That's news when you want it with Bloomberg News Now. I'm Karen Moscow and this is Bloomberg.
Karen Moscow — Bloomberg News Now · Pakistan Signals Progress with US-Iran, Intel Raises $20 Billion, More · 2026-08-11And President Trump again speaking from the Oval Office: the American Academy of Pediatrics says spreading out the vaccines could lead to more kids missing shots at a time when vaccination rates are already falling. Search and rescue efforts got underway early today in dozens of cities and towns in Western Colombia after a powerful earthquake struck the region. At least 111 people were killed and many are trapped under the debris of damaged and destroyed buildings. Turning to the markets this morning, chip stocks are in focus. Nvidia is sourcing $500 billion in new financing for AI infrastructure from Wall Street. 6 firms— Apollo Global Management, Blackstone, BlackRock, Brookfield Asset Management, Goldman Sachs, and KKR— are providing the capital. Intel has raised $20 billion in an upsized share sale. That's a third more than it was targeting when it announced the deal yesterday morning. Sources say the share sale has drawn more than $100 billion in demand. Shares of Riot Platforms are soaring, up more than 16%. Bloomberg News has learned Anthropic has struck a $9 billion deal with the Bitcoin mining company that recently began selling AI data center capacity. Rocket Lab shares are lower. The company signaled a potential new delay with its Neutron rocket, and that's raising the prospect that the vehicle, meant to challenge SpaceX's dominant Falcon 9 rocket, will not fly until 2027. U.S. small business optimism rose in July to the highest level in almost a year as firms ramped up hiring plans and inflation pressures eased. The National Federation of Independent Business Index increased 2.4 points to 99.8 the highest level since August 2025. Gold is trading near a 2-month high ahead of that U.S. inflation data that could provide fresh clues on the Federal Reserve's appetite for an interest rate hike. Tomorrow morning, we will get the Consumer Price Index. It's forecast to have increased 0.1% in July. And again, oil is higher after it briefly erased its gains. Futures, meanwhile, higher as well. S&P futures up 0.1%, up 10 points. Dow futures Little change. Nasdaq futures up a quarter percent. 10-year Treasury yield 4.7%. And Brent, yes, wavering, though it is now down 2/10 of a percent at $87.57 a barrel. That's news when you want it with Bloomberg News Now. I'm Karen Moscow and this is Bloomberg.
Karen Moscow — Bloomberg News Now · Pakistan Signals Optimism on US-Iran Deal, Oil Wavers, More · 2026-08-11Let's turn to the markets now, Nathan, where chip stocks are in focus this morning. Nvidia is sourcing $500 billion in new financing for AI infrastructure from Wall Street. 6 firms—Apollo Global Management, Blackstone, BlackRock, Brookfield Asset Management, Goldman Sachs, and KKR—are providing the capital. Bloomberg's senior executive editor for tech, Tom Giles, says it's a way to reassure skeptics concerned about circular financing.
Karen Moscow — Bloomberg News Now · Trump Hardens Iran Stance, Administration Takes Aim at Vaccines, More · 2026-08-11The concern is that should demand not materialize as quickly as hoped, that that could result in, you know, some— something catastrophic for the industry. So the more companies you have like Apollo and others, BlackRock, Blackstone, putting their necks on the line, the more that should give the market a bit of a sense of reassurance that they're kind of— they're all in this together. Nvidia is not alone.
Tom Giles — Bloomberg News Now · Trump Hardens Iran Stance, Administration Takes Aim at Vaccines, More · 2026-08-11Let's turn to the markets now, Nathan, where chip stocks are in focus this morning. Nvidia is sourcing $500 billion in new financing for AI infrastructure from Wall Street. 6 firms—Apollo Global Management, Blackstone, BlackRock, Brookfield Asset Management, Goldman Sachs, and KKR—are providing the capital. Bloomberg's senior executive editor for tech, Tom Giles, says it's a way to reassure skeptics concerned about circular financing.
Karen Moscow — Bloomberg News Now · Trump Hardens Stance on Iran, Vaccine Executive Order, More · 2026-08-11The concern is that should demand not materialize as quickly as hoped, that that could result in, you know, some— something catastrophic for the industry. So the more companies you have like Apollo and others, BlackRock, Blackstone, putting their necks on the line, the more that should give the market a bit of a sense of reassurance that they're kind of— they're all in this together. Nvidia is not alone.
Nathan Hager — Bloomberg News Now · Trump Hardens Stance on Iran, Vaccine Executive Order, More · 2026-08-11The concern is that should demand not materialize as quickly as hoped, that that could result in, you know, some— something catastrophic for the industry. So the more companies you have like Apollo and others, BlackRock, Blackstone, putting their necks on the line, the more that should give the market a bit of a sense of reassurance that they're kind of— they're all in this together. Nvidia is not alone.
Tom Giles — Bloomberg News Now · Europe's Overheated Crops & Rivers, Trump's Iran Demands, More · 2026-08-11