JPMorgan's Quiet Warning About AI

JPMorgan writes down software loans… the risk of private lending and AI… what to make of Oracle’s rally yesterday… why caution is the right response… Eric Fry says this is where the next AI boom will take placeYesterday, JPMorgan Chase did something subtle – but it’s the kind of move that should make investors sit up a little straighter.The nation’s largest bank quietly began marking down the value of certain loans tied to private-credit portfolios, many of them loans to software companies.It didn’t receive ...