Exclusive-Apollo withdraws bid to take pizza chain Papa John’s private at $64 a share, sources say

Torsten Slok, the chief economist at Apollo, is raising important questions about the Federal Reserve's potential decision to cut interest rates in December. He emphasizes the need for a data-driven approach, particularly in light of insights gained from alternative data regarding the US labor market. This discussion is crucial as it could influence economic policies and market expectations, highlighting the delicate balance the Fed must maintain in response to evolving economic indicators.

Apollo has reported a profit that surpasses expectations, driven by record fee-related income. This is significant as it highlights the company's strong performance in a competitive market, showcasing its ability to generate revenue effectively. Investors and analysts are likely to view this positively, as it suggests robust financial health and potential for future growth.

Apollo has reported a remarkable surge in private credit loans, originating $75 billion in new loans during the third quarter, marking a 21% increase from last year. This growth is significant as it demonstrates Apollo's resilience in the face of rising interest rate concerns, showcasing the continued demand for private credit solutions. Such a strong performance not only highlights the company's robust lending capabilities but also reflects a broader trend in the financial market where private credit is becoming an increasingly attractive option for borrowers.

Ørsted's recent decision to sell half of the world's largest offshore wind farm to Apollo for $6.5 billion is a significant move that not only strengthens its financial position but also showcases the growing importance of renewable energy investments. This deal comes at a crucial time as Ørsted faces rising costs and political challenges, making this partnership a strategic step towards maintaining its leadership in the green energy sector.

Apollo's recent decision to invest $6.5 billion in the world's largest offshore wind farm marks a significant step towards sustainable energy solutions. This investment not only highlights the growing importance of renewable energy in combating climate change but also promises to create thousands of jobs and stimulate economic growth in the region. As the world shifts towards greener alternatives, this project could set a precedent for future investments in clean energy.

Rush Enterprises B stock has reached a concerning 52-week low, trading at $49.11. This decline raises questions about the company's performance and market conditions.

IBM is reportedly planning to cut thousands of jobs, raising concerns about the future of employment within the company. This move reflects ongoing challenges in the tech industry and could impact many employees.

Apollo has decided to withdraw its bid to take the pizza chain Papa John's private at $64 a share, according to sources. This move raises questions about the future of the company and its strategic direction.

As Wall Street prepares for the upcoming NYC mayoral vote, analysts are also keeping an eye on the governor races, which could provide insights into the midterm elections. The political landscape is shifting, and the outcomes may influence economic forecasts.

A judge has ruled that the Trump administration may reconsider the approval of the SouthCoast Wind project. This decision opens the door for potential changes in the project's future, reflecting ongoing debates about energy policies and environmental impacts.

Gestamp's recent presentation for the first nine months of 2025 revealed a rise in profitability, even as revenue experienced a decline. Despite this positive news, the company's stock saw a dip, raising questions about market reactions.