Apollo Global Management, Inc. (APO) News & EventsAPOApollo Global Management, Inc.

Stocks Surge as Oil Prices Retreat

Stocks were sharply higher on Thursday, erasing losses from the last two sessions as oil and fuel prices trimmed their recent surge. Saudi Arabia signaled progress in restoring capacity through its East-West pipeline, dampening part of the recent rise in wholesale energy inflation.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:The SECto facilitate trading of tokenized stocksGeneracannounced ato supply Amazonand its affiliates with up to a total of $8B worth of backup power generators for data centersA group of 10 banks is providing ato support Blackstoneand Alphabet'snew cloud venture Crux AI, Reuters and Bloomberg reportedExxon Mobilis nearing ain Venezuela's oil fields, WSJ reportsOpenAIfor tracking, investigating, and disclosing instances of AI model misalignment, along with six reports on "unexpected or concerning model behavior" observed in the last six months2. WALL STREET CALLS:MacquarieTrip.comto OutperformFluence Energyto Underperform at Baird and to Neutral at Goldman SachsCitizensJ.B. Huntto OutperformGuggenheimLyftto NeutralBernsteinPalo Alto Networks, Okta, and SentinelOneto Market Perform3. AROUND THE WEB:Xpengplans to offer its technology to foreign automakers beyond its partner Volkswagen, Reuters reportsGlassHouse Research disclosed that the firm is short Astrana HealthLucid GroupCEO Silvio Napoli told Bloomberg in an interview that the company's work with restructuring consultant AlixPartners has concluded.Nebiussaid in an emailed statement to Bloomberg that the company is raising on-demand prices, effective October 1Apollo Globalis discussing with SoftBankpotentially increasing the size of its loan to $9B from $5.4B, Bloomberg says4. MOVERS:Schrodingerhigher afterunder its Nasdaq listing ruleIonQ (IONQ) increases after detailing itsKopingains after Oppenheimerof the stock with an Outperform ratingCopartfalls after HSBCthe stock to HoldCoreWeavelower after announcing a5. EARNINGS/GUIDANCE:Intuitits guidance for Q1 and FY27 in conjunction with its investor day meetingYetiits outlook for FY26 and FY30 as part of its own investor dayBrinkerLennar, with EPS and revenue missing consensusAmer Sportsfor Q3INDEXES:Near midday, the Dow was up 314.25, or 0.61%, to 51,776.15, the Nasdaq was up 411.33, or 1.58%, to 26,389.75, and the S&P 500 was up 79.40, or 1.05%, to 7,631.21.