Fed rate cut rally holds, Apollo reportedly eyes Intel investment: Yahoo Finance

Markets are maintaining their upward momentum following the Federal Reserve's rate cut last week. The move comes as investors await two key events this week: remarks from Federal Reserve Chair Jerome Powell Thursday and the release of Personal Consumption Expenditures data on Friday. Apollo Global Management is reportedly eyeing a massive investment in Intel. Bloomberg is reporting Apollo, which is the parent company of Yahoo Finance, is willing to invest as much as $5 billion in Intel.

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Ms Reeves delivered her first Labour conference speech as Chancellor but a heckler was ejected after protesting over arms sales to Israel.Nurses reject Government’s pay offer of 5.5% riseOn its way back to Earth, the Russian Soyuz MS-25 spacecraft unlocked from the International Space Station on Monday morning, returning two cosmonauts and one NASA astronaut.

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Fed meeting kicks off, Microsoft, Intel jump: Yahoo FinanceWall Street is bracing for tomorrow's Fed Decision, where the central bank is widely expected to cut interest rates. Jerome Powell and company kick off their...
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »

Apollo to offer multibillion-dollar investment in Intel, Bloomberg News reportsApollo has indicated in recent days it would be willing to make an equity-like investment of billions of dollars in Intel, the report said citing a person...
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »

Apollo to Offer Multibillion-Dollar Investment in Intel(Bloomberg) -- Apollo Global Management Inc. has offered to make a multibillion-dollar investment in Intel Corp., according to people familiar with the...
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »

Asset management firm Apollo reportedly eyes US$5-billion investment in IntelThe news comes at a moment of weakness for Intel, which was once the most valuable chip maker in the world, but whose shares have lost nearly 60% of their value since the start of the year
Herkunft: globebusiness - 🏆 31. / 66 Weiterlesen »

Wall Street braces for Fed’s interest rate decision: Yahoo FinanceThe Federal Reserve’s highly anticipated interest rate decision will be announced shortly. Investors will be digesting the central bank’s first interest rate...
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »