It expects the Corebridge merger to close at year-end and has identified more than $100 million in run-rate savings.
The initial test covers a select group of eligible advertisers, with placements tied in part to query relevance.
Apollo plans to spend about $350 million over 24 months to build new businesses. It also expects management fees to rise at least 15% next
The sale was expected to be split between U.S. dollars and euros. Meta projects 2026 capital expenditures of up to $145 billion.
The index was down 132.21 points from its opening level of 5,786.13; Japan’s Nikkei 225 fell 1.8% to 61,855.03.
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