JPMorgan Exec: Software Shock Over, AI Impact Neutral

JPMorgan's Sanjay Jhamna, Head of Global Credit Trading, believes the software sector has overcome its recent shock. He noted that the market's muted reaction to new AI model releases indicates a stabilization. Jhamna made these remarks at JPMorgan's Global Markets Conference in Paris, suggesting that the initial negative sentiment surrounding software and technology advancements has subsided. The strong inflows into private credit further support his optimistic outlook on market resilience.