marc rowan from apollo global. carl, back to you. >> thanks.hen we come back, we'll follow up on paramount, talk some starbucks. got some sell-side calls this morning on names like cr.mion we'll get this week started after a short break. wooooo! morikawa on 18. he is really boxed in here. -not a good spot. off the comcast business van. into the vending area. oh, not the fries! where's the ball? -anybody see it? oh wait, there it is! -back into play and... aw no, it's in the water. wait a minute... -alligator. are you kidding me? you got to be kidding me. rolling towards the cup, and it's in the hole! what an impossible shot brought to you by comcast business. >> announcer: the opening bell is brought to you by nuveen, a leader in income, alternatives, and responsible investing. >>> let's squeeze in a quick "mad dash" before the bell. >> if you're looking for something that's up big today that does matter, it's micron. baird upgrades it from hold to buy. somebody puts out a note on this one, and you quickly get a giant move. a lot of this is the

marc rowan is apollo global management cofounder and ceo. ay at the milliken institute global conference in los angeles. marc: it is absolutely the driving force. this is focusing on the urgent, which is what we were talking about before we came on air, versus the important. this is the important thing happening in our business. at our recent partner's offside -- offside i put up a slide. 2023, 60 fillon -- $650 billion. we out-grew apple. pretty impressive stat. next slide, where we are or smart? we were lucky. you cannot plan on growing your business 14 times, you can position the business in a way that you take advantage of powerful tailwinds. what were the tailwinds? 2008 we had a financial crisis which put most institutions on defense. we built and formed a financial institution in 2008. that company went from a startup to today $360 billion. offense. could never have been done but for the microenvironment. the other thing that happened was, rates went to zero. people who had made promises to retirees, to pensioners, and had other obliga

but there's never enough time for marc rowan. >> marc rowan is fantastic. >> not to mention david solomonid, yeah. >> strong earnings at goldman-sachs. he's got to be feeling decent about things. >> yes, definitely. by the way, magnificent seven is having a great day. well, at least, microsoft. >> sure is. >> well, actually, coin had some premarket gains, jim, but relatively flat now. the one i was thinking of was block with dorsey rolling out new plans for bitcoin. >> there's two elements to block last night. there's the dorsey rollout of -- which it talks about, so much about bitcoin, and by the way, they don't care for ethereum. but then there was just, you know, talking about the plain old business of the app. and it was really terrific. and i think the stock should go much higher. i thought that was a really, really good conference call and they're doing a lot of business. >> livenation, we haven't touched on with a nice beat. they don't think justice will pursue a break-up. concerts were a little light. >> i got to -- i'm not sure -- look, i think rapinoe is terrific. i think the ga

tomorrow we will hear from the cofounder and ceo of apollo global management, marc rowan.♪ they respond to emails with phone calls... and they don't 'circle back', they're already there. they wear business sneakers and pad their keyboards with something that makes their clickety-clacking... clickety-clackier. but no one loves logistics as much as they do. you need tamra, izzy, and emma. they need a retirement plan. work with principal so we can help you with a retirement and benefits plan that's right for your team. let our expertise round out yours. katie: apple is expected to review an array -- reveal an array of products tomorrow at and out of the ordinary event not usually fitting in with the tech giant's usual schedule of releases. our guest joins us now with more detail. apple let it loose here. what is the expectation of what we will hear? >> sure. thanks for having me on the show. a couple of things. the big deal with much anticipation and fanfare is the new ipad coming out. it has been a wild since they refreshed the ipad. a couple innovations are coming out. an o

let me quickly take a look i also mentioned it because on monday, marc rowan will join me.nual event, the big one from l.a., and we always have an interesting sitdown, obviously talking about apoll o's earnings not to mention the private markets and private credit, where they are enormous. $40 billion, by the way, was the inflows overall. you know, some of the research here, fre was in line, more or less doesn't seem to be that much enthusiasm in terms of the actual numbers, but that said, gross inflows of $40 billion. they're now $670 billion of assets under management, most of that in private credit call them alternative asset managers they used to be known as buyout guys that is far from what they are these days they have 5,000 people originating loans, essentially, for private credit most of it, investment grade >> that's incredible >> an insurer, which insures people's retirements, is a key part of the company. hundreds of billions of assets there, 95% of their assets there are fixed income i think 5% hybrid equity so much to talk to rowan about looking forward to that