Bonus Episode for July 31. Investment firms like <a href="https://www.wsj.com/tech/investment-giants-shake-off-upheaval-in-private-credit-industry-6f7dc90c?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">Blackstone, KKR and Blue Owl</a> have been battered over the past year by <a href="https://www.wsj.com/finance/investing/an-exodus-of-money-endangers-wall-streets-private-credit-craze-d0fbb8af?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">a client exodus from private-credit funds</a>. WSJ lead financial reporter <a href="https://www.wsj.com/news/author/annamaria-andriotis?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">AnnaMaria Andriotis</a> discusses the state of the industry’s recovery from a surge in redemption requests from rattled investors and whether these firms’ <a href="https://www.wsj.com/finance/investing/blackstone-bx-q2-earnings-report-stock-2026-99916051?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">investments in AI</a> can help them recover from blows to the software sector.

WSJ reporter <a href="https://www.wsj.com/news/author/matt-wirz?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">Matt Wirz</a>, who covers credit, hosts this special bonus episode of What's News in Earnings, where we dig into companies’ earnings reports and analyst calls to find out what’s going on under the hood of the American economy.

Sign up for the WSJ's free <a href="https://www.wsj.com/newsletters/markets-am?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">Markets A.M. newsletter</a>. Hosted by Simplecast, an AdsWizz company. See <a href="https://pcm.adswizz.com">pcm.adswizz.com</a> for information about our collection and use of personal data for advertising.

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