Scuttlebutt

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Blue Owl - $OWL

BlackRock's HPS fund paid about $600M of $1.2B requested, Unicus Research founder finds
12 arguments: why she thinks private-credit defaults are understated, how collateral was pledged twice, and why AI data-center debt is the first thing…
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Blue Owl co-CEO on retail credit funds: "You would have missed out on 600 basis points"
14 arguments: why Blue Owl's loan losses ran 12 basis points over 10 years, why outsiders set every mark, and why its data center bet rests on Microsoft…
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Animal Spirits on bonds: "the worst 10-year real return ever for the Agg"
16 calls: why 40% of S&P 500 stocks are down while the index sits near a record, why the hosts are buying 5% bond yields, and an AI assistant that…
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Investor's Podcast analysts: Meta's North American ad prices rose 20%, impressions 9%
16 insights: why Meta's $18B teen-safety settlement may cost it $12B, $700B of commitments kept off its balance sheet, and a model that puts fair value…
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Marlton LLC founder: the private credit boom is over and no new money is flowing in
16 takeaways: why he is buying public BDCs at 60 to 65 cents on the dollar, why BDC mergers will come at NAV or above, and why Pershing Square earns a…
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Meta's $27B data center is financed off its books, Enron-style, says ‘Big Short’ investor
11 insights: Why a 10-year yield above 5% probably means a correction, what Oracle's force majeure notice signals, and how SoftBank is using junk bonds…
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Hyperscaler returns may fall below their cost of capital by mid-2027, says Jim Chanos
14 arguments: why he calls AI data centers an equipment leasing business, how Cisco's orders collapsed in 2001, and why he would short Nvidia's…
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"Oracle CDS, it's trading at new highs at 223": MRKT Call on the AI data center build
12 arguments: Why xAI's three-month compute deals worry Nathan, the 50bps jump in the 2-year that stocks have ignored, and why Adami says crude has a…
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Imran Khan: Why Nvidia's circular revenue is already priced in at 15 times, what Jensen is really buying with those checks, and where he…
Why memory's story has gone from a 10 to an 8, what Seoul investors only wanted to ask about, why Salesforce's quarter is better than it reads, and who…
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Ed Zitron: The pale horses he is watching for, why OpenAI has become Microsoft's biggest liability, and the private credit damage he cannot…
Nvidia's five-customer problem, why he calls run-rate revenue a scam, what Josh Brown says AI already does inside his own firm, and the one thing that…
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