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Earnings Snippet: Apollo Global Management -- WSJ

Earnings Snippet: Apollo Global Management -- WSJ

Dow JonesDow Jones2026/11/03 12:06

By Connor Hart

Alternative asset manager Apollo Global swung to a $1.06 billion net loss in the third quarter and reported a 52% drop in revenue, missing analysts' expectations.

Its results were weighed down by $3.42 billion in investment-related losses within its retirement services arm, which came amid higher interest rates.

Total assets under management increased to $1.074 trillion, buoyed by inflows of $53 billion.

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

November 03, 2026 07:06 ET (12:06 GMT)

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