Wall Street Is Sorting Software Companies Into Winners and Losers
The threat of artificial-intelligence tools has stirred fears about the future of software and what might happen to loans in the sector-but not all software companies are equally endangered.
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The AI Frenzy Is Back and Lifting the Entire Stock Market to Record Highs
Signs of froth are everywhere, with the IPOs of Anthropic and OpenAI expected to be the biggest ever and investors desperate to find ways in.
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Two Big Loan Defaults Add to Pain in Private-Credit Funds
Software maker Medallia and dental-services provider Affordable Care can't repay billions borrowed from private-credit lenders including Blackstone and KKR.
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Trump's Crypto Luncheon Draws 'Superstars.' But His Token Hovers Near Low.
The president feted the biggest holders of his namesake memecoin at Mar-a-Lago on Saturday, cheering on a crypto market still fighting through a monthslong slump.
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America's Pandemic Car Bubble Is Now Trapping Buyers in Debt
The average amount a borrower with negative equity carries on a vehicle has jumped more than 40% since 2021.
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U.S. Regulator Sues New York State for Prediction Markets Crackdown
The Commodity Futures Trading Commission is seeking a declaratory judgment that it has exclusive authority to regulate the prediction markets, according to a lawsuit filed Friday.
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Arrest of U.S. Soldier Signals Polymarket's Wild-West Days Are Ending
The case against Gannon Ken Van Dyke marks the first U.S. prosecution for insider trading in prediction markets.
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Western Union Profit Falls as Immigration Policy Hurts Remittances
Western Union reported lower first-quarter profit and said that its Americas retail business was facing macro headwinds.
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Italy's Monte Dei Paschi Formally Names Lovaglio as CEO, Appoints Bisoni as Chair
The newly appointed board has reinstated Luigi Lovaglio's powers as chief and general manager following weeks of governance turmoil at the bank.
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Russia's Central Bank Continues to Cut Rates
The central bank cut its key interest rate for an eighth straight meeting, and said further reductions were possible despite a jump in oil prices.
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KPMG Cutting 10% of U.S. Audit Partners After Voluntary-Retirement Push Falls Short
Roughly 100 partners are exiting the Big Four accounting firm, some of whom volunteered to retire early, people familiar said.
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The Arbitrage Trade That's Making Private-Credit Withdrawals Worse
Some investors are exploiting a yawning gap between how similar funds are valued.
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Ackman's Pershing Square Inc. to Sell Up to 33.12 Million Shares in IPO
Investor Bill Ackman's Pershing Square Inc. plans to offer up to 33.12 million shares in its initial public offering, at an expected price of $50 a share.
(END) Dow Jones Newswires
April 27, 2026 00:00 ET (04:00 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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