"On March 6, 2026, Saba Capital Management and Cox Capital Partners launched an unsolicited tender offer for up to 8,000,000 shares of Blue Owl Capital Corporation II (“OBDC II”), a non-traded business development company managed by Blue Owl Capital Inc.¹ The bid price of $3.80 per share represented a discount of approximately 34.9% to OBDC II’s most recent net asset value after accounting for an upcoming dividend.² The OBDC II board recommended rejection, characterizing the offer as a “discount of over 30% to NAV” and informing shareholders that they would receive “significantly less than the current NAV of their investment” if they tendered.³ The offer expired in late April with less than one percent of outstanding shares tendered.⁴"

"The most consequential earnings quality debate of the artificial intelligence capital expenditure cycle is being fought over a single line item that almost no investor reads carefully: the estimated useful life of servers and network equipment. In a series of public posts beginning November 11, 2025, the investor Michael Burry—best known for his pre-crisis short of the United States housing market—accused five public companies of having understated depreciation expense across the period from 2026 through 2028 by approximately $176 billion, with the result that, in his estimate, Oracle Corporation’s reported earnings for 2028 will be overstated by 26.9 percent and Meta Platforms, Inc.’s by 20.8 percent.¹ The companies named in those public statements were Microsoft Corporation, Meta Platforms, Alphabet Inc., Amazon.com, Inc., and Oracle.² CNBC, Bloomberg, and Fortune have each reported on the allegations and confirmed the directional movement of the underlying disclosure changes from primary filings.³"

"In November 2025, Tesla shareholders approved a compensation package for Elon Musk potentially worth $1 trillion over ten years—the largest executive pay arrangement in corporate history.¹ More than 75 percent of voting shareholders supported the plan, despite opposition from both major proxy advisory firms, ISS and Glass Lewis, as well as Norway's sovereign wealth fund, which cited concerns over total award size, dilution, and key-person risk.² The advisory recommendations were overridden, and comfortably."