Billionaire fund manager Griffin predicts Fed rate cuts in 2024 [Yahoo! Finance]
Apollo Global Management, Inc. (New) (APO)
Last apollo global management, inc. (new) earnings: 5/1 07:00 am
Check Earnings Report
US:NYSE Investor Relations:
apollo.com/shareholders/overview
Company Research
Source: Yahoo! Finance
His investing success goes back at least to his college days at Harvard, where he made successful stock and convertible bond plays. Griffin, 55, is now worth $37 billion, according to Forbes. He also founded Citadel Securities, a market maker, that handles about 20% of stock trades. And he's a major philanthropist, with total donations of more than $2 billion. So when Griffin talks, people listen, and he had some things to say about Federal Reserve policy on May 6. Apu Gomes/Getty Images What's ahead for the Federal Reserve? At the beginning of the year, futures traders anticipated six interest-rate cuts from the Federal Reserve this year. That's because inflation was sliding, and it looked like economic growth would do the same. But now that inflation has proven to be sticky and the economy has remained strong, The CME FedWatch tool points to only two rate reductions in 2024. The Fed's target for the federal funds rate on interbank overnight bank loans is now 5.25% to 5.
Show less
Read more
Impact Snapshot
Event Time:
APO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
APO alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
APO alerts
High impacting Apollo Global Management, Inc. (New) news events
Weekly update
A roundup of the hottest topics
APO
News
- Abu Dhabi's $302 Billion Fund Deepens AI and Private Credit Push [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Abu Dhabi's $302 Billion Fund Deepens AI and Private Credit Push [BNN Bloomberg (Canada)]BNN Bloomberg
- Apollo Prices Offering of Senior NotesGlobeNewswire
- Petros PACE Finance to Offer Market-Driven C-PACE Solution for Condominium Projects [Yahoo! Finance]Yahoo! Finance
- Apollo to Offer Senior Notes [Yahoo! Finance]Yahoo! Finance
APO
Earnings
- 5/2/24 - Beat
APO
Sec Filings
- 5/17/24 - Form 4
- 5/13/24 - Form 4
- 5/10/24 - Form 4
- APO's page on the SEC website