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News  ›  The Motley Fool

Why Apollo Global Is Soaring This Week

The Motley Fool Logo The Motley Fool By Matthew Benjamin
Why Apollo Global Is Soaring This Week

Apollo Global Management reported strong Q3 results, with fee-related earnings up 23% and adjusted net income exceeding Wall Street estimates. The company's assets under management are approaching $1 trillion, driven by significant capital inflows and strong performance from its Athene insurance unit.

Insights
MBGYY   positive

Testing future collaboration and developing autonomous capabilities with proprietary MB.OS and NVIDIA platform


APO   positive

Exceeded quarterly earnings estimates, increased fee-related earnings by 23%, achieved $82 billion in capital inflows, and nearing $1 trillion in assets under management