Apollo Global Management Inc. took a loss on a portion of a $170 million asset-backed financing for Amazon brand aggregator Perch that was written off to zero, a rare stumble for a strategy touted as ...
It’s been a rollercoaster week in the market. From the potential impact of a Trump policy to the freefall of software stocks, ...
For years, anything exposed to artificial intelligence was a popular trade on Wall Street. Now investors are starting to get selective, demanding more proof that companies are poised to benefit from ...
The software loan sell-off is a stark contrast to the rest of the leveraged loan market, where overall sales surged this week after US President Donald Trump dropped his tariff threats around ...
Wall Street has become so bullish on AI that it’s made investors bearish on software. Legacy software names like Salesforce, ServiceNow, Intuit, LegalZoom and others tumbled on Wednesday, fueled both ...