Goldman Sachs has raised its stock price target for Apollo Global Management to $155, reflecting confidence in the company's growth potential. This adjustment is significant as it indicates a positive outlook for Apollo, suggesting that investors may see increased value in the firm. Such moves by major financial institutions can influence market trends and investor sentiment, making it an important development in the finance sector.

Jim Zelter, President of Apollo Global Management, recently shared insights on the credit market, indicating that he doesn't foresee a decline in the credit cycle in the near future. This is significant as it suggests continued investment opportunities, particularly in sectors like AI data centers, which are gaining traction. The stability in the credit market could encourage more investments, fostering growth in innovative technologies.

KBW has raised its price target for Apollo Global Management from $162 to $173, reflecting a positive outlook for the company. This adjustment indicates confidence in Apollo's growth potential and market performance, which is significant for investors looking for promising opportunities in the financial sector.

Naver, the South Korean internet giant, has reported record earnings for the third quarter, thanks to a strong push in artificial intelligence that has significantly boosted growth in its core platform and online commerce segments.

South Korea's stock market has taken a hit as investors are worried about the high valuations of AI stocks. This decline is affecting one of the best-performing markets globally this year.

Papa John’s International Inc. saw a significant drop in its stock price after reports emerged that Apollo Global Management Inc. has withdrawn its bid to acquire the pizza chain and take it private.

Apollo Global Management's CEO, Marc Rowan, highlights the growing opportunity in private investments targeting retail clients. This shift is significant as it opens new avenues for asset managers, allowing them to tap into a broader market and potentially enhance their growth. By focusing on retail-focused firms, Apollo aims to capitalize on this trend, which could reshape the landscape of private asset management.

Apollo Global Management Inc. has reported third-quarter earnings that exceeded Wall Street expectations, signaling strong performance as the firm approaches a significant milestone of $1 trillion in assets. This achievement not only highlights Apollo's robust investment strategies but also reflects growing confidence in the financial markets, making it a noteworthy development for investors and the industry.