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Apollo CEO Warns of 35% Market Shock Risk! Firm Cuts Software Exposure to Zero #APO #Stocks #AI
Apollo Global Management (APO) CEO Mark Rowan warns of a 30% to 35% chance of a major market shock, citing geopolitical resets and inflationary policies. Despite crossing $1 trillion in assets under management, the firm is playing defense by cutting its software equity exposure to zero and stockpiling cash. While Q1 earnings beat expectations ...
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