What’s News in Earnings: Can AI Investments Help Private Credit’s Recovery?

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  Hello, listeners.

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  It is July 31st.

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  I'm Matt Wertz, reporter for The Wall Street Journal,

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  and this is What's News in Earnings, our look at some of the biggest themes standing out this earnings season.

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  It's been a tough year for private investment firms like Blackstone, Blue Owl, KKR.

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  Seven of the largest of these firms now manage over $5 trillion.

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  They use that to bankroll everything from credit cards to corporate loans to construction of data centers

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  that are popping up all over the country.

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