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Apollo CEO Marc Rowan warned that markets face an elevated risk of unexpected shocks, saying he is positioning the firm defensively for an expected correction.
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Asian stocks hit record high, dollar wobbles on peace deal hopes ReutersSoftBank shares surge over 16% as Japan tech-fueled rally lifts Nikkei 225 to record highs CNBCStocks, Bonds Rally on Hopes Iran War Nearing End: Markets Wrap Bloomberg.comJapan's Nikkei surges past 61,000 for first time on earnings, Mideast optimism Yahoo Finance
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Oil plunges, markets surge on report U.S. and Iran near deal to end war as gas prices jump past $4.50 NBC NewsLive updates: US and Iran moving toward memo aimed at ending war, source says CNNOil prices sink and stocks leap worldwide on hopes for a reopening of the Strait of Hormuz Los Angeles TimesHas the US accepted Iran's demand to settle Hormuz first, nuclear later?
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Howe has overseen FanDuel during a time of dramatic expansion in sports gambling and as prediction markets have exploded in popularity.
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