Apollo Global Management reportedly plans second HQ in Texas or Florida

‘The Big Money Show’ discusses the growing Democratic division over Bernie Sanders’ ‘tax the rich’ agenda. In another massive blow to high-tax blue states, Apollo Global Management Inc. has announced plans to establish a second U.S. headquarters, scouting locations in Texas and South Florida. The financial investment heavyweight allegedly shared with its teams on Sunday…

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Oracle cutting thousands in latest layoff round as AI spending booms

Oracle has started telling employees that it’s cutting thousands of jobs, CNBC has confirmed, as the software maker deals with a plummeting stock price tied to hefty capital commitments for building out AI infrastructure. While Oracle’s core business is on the receiving end of market panic about competitive risk from generative artificial intelligence models, the…

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Our next step is an IPO

Next step for Whoop (WHOO.PVT): a healthy IPO day. The wearable device company — which dubs itself a “human performance company” — said Tuesday it raised $575 million in Series G funding at a $10.1 billion valuation. Rival Oura Health, maker of the Oura Ring, raised a $900 million round at a $11 billion valuation…

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US gas tops $4 a gallon as Iran conflict drives sharp rise in fuel costs

A ‘Kudlow’ panel analyzes President Donald Trump’s controversial ‘Venezuela oil model’ for Iran, aiming to seize control of Iranian crude. U.S. gasoline prices on Monday topped $4 a gallon nationwide, adding pressure to household budgets as oil markets surge in response to the lingering Iran conflict. Data from GasBuddy showed the national average price for…

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