Apollo Explains How Big Tech Is Disrupting Credit Markets
Odd Lots14 Okt 2024

Apollo Explains How Big Tech Is Disrupting Credit Markets

Big tech stocks have had an enormous impact on the stock market, with Magnificent 7 companies like Apple, Microsoft and Nvidia now dominating equity indices and basically dictating the path of benchmark returns. And of course, there's been loads of discussion about the real transformational value of AI and whether it's all going to end up being one big bubble. But tech investing and big disruptive trends like AI aren't just for equity investors. They're playing out in the credit market, too. And of course, building the data centers and producing the chips that power AI requires huge amounts of capital — much of which is sourced via bonds and loans. Increasingly, a lot of that capital is coming from private credit players, one of the biggest of which is Apollo Global Management. In this episode, we speak with Rob Bittencourt, a partner at Apollo and co-head of opportunistic credit, about how the tech story is playing out and what Apollo is doing in the space.

Read More: Private Credit to Outperform in a Downturn, Apollo’s Zelter Says

Only Bloomberg.com subscribers can get the Odd Lots newsletter in their inbox — now delivered every weekday — plus unlimited access to the site and app. Subscribe at bloomberg.com/subscriptions/oddlots

See omnystudio.com/listener for privacy information.

Episoder(1190)

36: How A Quant Saw Huge Changes That Took Place on Wall Street

36: How A Quant Saw Huge Changes That Took Place on Wall Street

Emanuel Derman was one of the pioneers of quantitative finance, having gone from studying physics to working on Wall Street in 1985. His memoir, My Life as a Quant, is a must-read book that tracks the...

11 Jul 201629min

36: How A Quant Saw Huge Changes That Took Place on Wall Street

36: How A Quant Saw Huge Changes That Took Place on Wall Street

Emanuel Derman was one of the pioneers of quantitative finance, having gone from studying physics to working on Wall Street in 1985. His memoir, My Life as a Quant, is a must-read book that tracks the...

11 Jul 201629min

35: There Was a Huge Opportunity The Night of the Brexit Vote

35: There Was a Huge Opportunity The Night of the Brexit Vote

In the runup to the Brexit vote polls were mixed. Some showed remain winning. Others showed leave winning. Nonetheless, markets, pundits, and bookmakers always seemed to be pretty sure that remain was...

1 Jul 201622min

34: The Highway Built by Oil Markets and Political Intrigue

34: The Highway Built by Oil Markets and Political Intrigue

On this week's episode we take a trip down one particular road on the Gulf peninsula to explore how sudden market shocks — and the political discord that sometimes comes with them — can help shape the...

27 Jun 201620min

33: How ``Fed Watching'' Became a Thing

33: How ``Fed Watching'' Became a Thing

When Federal Reserve Chair Janet Yellen speaks, the world watches — and one group watches especially closely. ``Fed watchers'' have made a career out of analyzing and dissecting the words and actions ...

20 Jun 201625min

32: The Amateur Activists Who Took On The Foreclosure Machine

32: The Amateur Activists Who Took On The Foreclosure Machine

The Great Recession was characterized by a historic and gigantic wave of foreclosures all around the country. Left and right, people were being removed from their homes. But because of the explosion o...

13 Jun 201626min

31: Welcome Aboard Starship Bank

31: Welcome Aboard Starship Bank

David Hendler made his reputation as a bank analyst at the independent research firm CreditSights Inc., foreseeing many of the problems that led to the financial crisis of 2008 and vocally criticizing...

6 Jun 201619min

30: How Finance Took Over the World

30: How Finance Took Over the World

The U.S. spends 8 percent of its GDP on finance -- twice the amount it did 40 years ago, according to economist Brad DeLong. That figure set off a wave of soul-searching recently as commentators asked...

27 Mai 201623min

Populært innen Business og økonomi

stopp-verden
lydartikler-fra-aftenposten
dine-penger-pengeradet
rss-penger-polser-og-politikk
e24-podden
rss-borsmorgen-okonominyhetene
pengepodden-2
pengesnakk
tid-er-penger-en-podcast-med-peter-warren
finansredaksjonen
livet-pa-veien-med-jan-erik-larssen
utbytte
stormkast-med-valebrokk-stordalen
morgenkaffen-med-finansavisen
rss-sunn-okonomi
rss-markedspuls-2
lederpodden
liberal-halvtime
rss-pa-konto
rss-investering-gjort-enkelt