Business
Wall Street Is Sorting Software Companies Into Winners and Losers
The threat that artificial intelligence tools will fuel a software apocalypse has rattled stocks, triggered record withdrawals from private-debt funds and stirred fears of a new type of credit crisis.
But a key market is sending a more mixed message: Not all software companies are equally endangered. While prices of software-company loans have fallen sharply on average since late January, a Wall Street Journal analysis of more than 100 loans showed wide variations in price moves, with parts of the sector hit much harder than others.
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