Today: 29 April 2026
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NYSE:OBDC 17 November 2025 - 19 November 2025

Blue Owl Capital (OWL) Scraps OBDC–OBDC II Merger as Redemption Freeze Roils the $3 Trillion Private Credit Market

Blue Owl Capital (OWL) Scraps OBDC–OBDC II Merger as Redemption Freeze Roils the $3 Trillion Private Credit Market

Blue Owl Capital has canceled the planned merger of its two private-credit funds, OBDC and OBDC II, after investor backlash and market volatility. The decision follows a freeze on redemptions at OBDC II and reports that some investors faced potential 20% paper losses if the deal proceeded. Blue Owl shares have dropped over 40% this year. OBDC II aims to reinstate its liquidity program in 2026.
Blue Owl’s BDC Shake‑Up (Nov. 17, 2025): OBDC–OBDC II Merger Puts ~20% Haircut on the Table for Retail Holders—But Double‑Digit Yields Lure Value Buyers

Blue Owl’s BDC Shake‑Up (Nov. 17, 2025): OBDC–OBDC II Merger Puts ~20% Haircut on the Table for Retail Holders—But Double‑Digit Yields Lure Value Buyers

Blue Owl Capital will merge its private OBDC II into the public Blue Owl Capital Corporation (NYSE: OBDC) in an all-stock deal expected to close Q1 2026. OBDC II investors face an implied 20% value loss, as OBDC shares trade at an $11.89 price versus a $14.89 NAV. Both boards approved the deal; OBDC II holders must still vote. Fitch placed OBDC II on Rating Watch Positive after the announcement.
17 November 2025

Stock Market Today

  • Amazon Q1 Earnings Beat Estimates Amid Heavy AI Investment
    April 29, 2026, 4:35 PM EDT. Amazon reported Q1 earnings per share of $2.78, surpassing the expected $1.62, with revenue rising to $181.5 billion, beating forecasts of $177.2 billion. The company's strong performance reflects continued investment in artificial intelligence (AI) as part of broader Big Tech spending. AI hyperscalers, including Amazon, are projected to invest $650 billion in capital expenditures by 2026. Investors are closely watching these expenditures to gauge their impact on growth and profitability. CEO Andy Jassy highlighted the strategic focus on AI during recent events, illustrating the firm's commitment to technology innovation amid uncertain market conditions.

Latest article

Nebius Stock Jumps as Meta’s AI Spending Reset Puts $27 Billion Deal in Focus

Nebius Stock Jumps as Meta’s AI Spending Reset Puts $27 Billion Deal in Focus

29 April 2026
Nebius Group N.V. shares rose 5.3% to $142.73 Wednesday as Meta Platforms raised its 2026 capital spending forecast by up to $10 billion, citing higher data center costs. Nebius has a contract to supply Meta with up to $27 billion in AI cloud capacity. Fourth-quarter 2025 revenue jumped 547% to $227.7 million, but the company reported a net loss of $249.6 million.
Phillips 66 Stock Jumps as Surprise Profit Shows Refining Margins Are Back in Focus

Phillips 66 Stock Jumps as Surprise Profit Shows Refining Margins Are Back in Focus

29 April 2026
Phillips 66 reported an adjusted first-quarter profit of $200 million, or 49 cents per share, beating analyst forecasts of a loss. Strong refining margins and 95% plant utilization offset $839 million in hedge-related losses. Shares rose over 6% after the results. The company also completed its acquisition of Lindsey Oil Refinery assets in the UK.
Extreme Networks Stock Jumps as Q3 Earnings Beat Puts Cisco, HPE Rivals in Focus

Extreme Networks Stock Jumps as Q3 Earnings Beat Puts Cisco, HPE Rivals in Focus

29 April 2026
Extreme Networks shares surged 28% after reporting fiscal Q3 revenue of $316.9 million, up 11%, and non-GAAP earnings of 26 cents per share, both above estimates. The company forecast Q4 revenue of $330–$335 million, topping FactSet’s $326.9 million estimate. SaaS annual recurring revenue rose 28.6% to $236.4 million. Net income climbed to $10.6 million from $3.5 million a year earlier.
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