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0 0 0 0 0.00784761904761906 0.0100680272108843 0.000453514739229128 0.000453514739229128
Stock impact report

Stock Market Today, April 1: Intel Surges on $14.2 Billion Fab Buyback [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
The stock moved higher after Intel agreed to spend $14.2 billion to repurchase Apollo Global Management ‘s (NYSE:APO) 49% stake in its Fab 34 Ireland plant. Investors will now be watching how this deal supports its AI-focused foundry roadmap. Trading volume reached 128.9 million shares, coming in nearly 22% above its three-month average of 106.1 million shares. Intel IPO'd in 1980 and has grown 14,655% since going public. How the markets moved today The S&P 500 (SNPINDEX:^GSPC) rose 0.72% to 6,575, while the Nasdaq Composite (NASDAQINDEX:^IXIC) gained 1.16% to finish at 21,841. Among semiconductors, industry rivals Advanced Micro Devices (NASDAQ:AMD) closed at $210.21 (+3.33%), and Nvidia (NASDAQ:NVDA) ended at $175.75 (+0.77%) as investors reassessed AI chip demand. What this means for investors Two years ago, the Apollo-led investment in the Fab 34 facility provided Intel a way to bolster its balance sheet without giving up majority ownership or operational control of the Show less Read more
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