News & Events zu Blue Owl Capital Inc (OWL)OWLBlue Owl Capital Inc

Major Averages Decline for Second Day, Oil Prices Surge Nearly 4%

The major averages were broadly lower for a second day in a row and Treasury yields kept climbing with investors expecting further rate hikes from the Fed. A drop in Oracle shares also weighed on the broader tech sector even amid renewed AI optimism following Meta's Muse product rollout event. Meanwhile, oil prices surged nearly 4% amid continued tensions in the Middle East.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Metaannounced a series of new products, including Meta VR glasses, the Muse Charm device, and its first line of audio glassesQualcommrenewed its global patent license agreement with AppleStarbuckssaid it will close 250 coffeehouses later this weekDardenreported mostly in-line Q1 results and reiterated its FY27 earnings outlookPeople Incorporatedwithdrew its takeover bid for MGM Resorts, sayin git "didn't feel the mix was coming together"2. WALL STREET CALLS:Alkamidouble downgraded to Underweight from Overweight at JPMorganJPMorgan upgraded CoreWeaveto Overweight on strong demandCiti downgraded Dropboxto Sell with too much AI success priced inDollar Generalupgraded to Buy at HSBC on recovery progressArgus cut Yum! Brandsto Hold on headwinds to profit target3. AROUND THE WEB:Alibabais accelerating its data center expansion in Europe and the Middle East as part of its global infrastructure buildout, Bloomberg reportsHondais in advanced discussions to build a hybrid vehicle plant in the U.S. for $1.8B-$2.5B, Nikkei Asia saysAmazonwill spend $3B to grow its quick-commerce business in India by 2030, Reuters reportsOraclesent Blue Owl Capital, the developer of its data center being built in New Mexico, a notice citing force majeure, Bloomberg saysMorgan Stanleyis working to contain the damage from its leaked deal list, Bloomberg reports4. MOVERS:Everpuregains after backing its guidance for FY27 and providing its outlook for FY28Grailincreases after FDA voted to recommend approval for its GalleriNebiushigher in New York after BNP Paribas upgraded the stock to OutperformTD Synnexfalls after reporting Q3 results and providing guidance for Q4Viking Therapeuticslower after announcing a 7.86M share offering5. EARNINGS/GUIDANCE:BlackBerryreported Q2 results and provided guidance for Q3 and FY27Trio-Techreported Q4 results, with EPS lower year-over-yearDucommunreaffirmed its outlook for FY26TransUnionbacked its outlook for Q3 and FY26H.B. Fullerreported Q3 results, with EPS beating consensusINDEXES:Near midday, the Dow was down 335.02, or 0.65%, to 51,176.57, the Nasdaq was down 193.11, or 0.72%, to 26,742.93, and the S&P 500 was down 36.55, or 0.47%, to 7,669.48.

Oracle Sends Force Majeure Notice to Blue Owl Capital

Oracle (ORCL) sent Blue Owl Capital (OWL), the developer of its data center being built in New Mexico, a notice citing force majeure, Sridhar Natarajan, Brody Ford and Paula Seligson of Bloomberg report, citing people familiar with the situation. Oracle is attempting to put off payments should the data center named Project Jupiter fail to come online in 2028 as planned, sources told Bloomberg. Oracle is seeking to assert its contractual position if the build out is delayed, according to Bloomberg. "Project Jupiter remains on our planned schedule," a spokesperson for Oracle said without commenting on the notice. "We are fully committed to New Mexico and confident in our path forward." Shares of Oracle are down 5% to $137.31 following the report while Blue Owl Capital is down 3% to $9.32. Bloom Energy (BE), which is providing the fuel cells to power Project Jupiter, is down 6% to $257.79.

Wingspire Closes $407.07M ABS Issuance

Wingspire Equipment Finance announced the closing of WEF 2026-1, its third equipment asset-backed securitization. Issuing a total of $407.07M across six classes of notes, WEF 2026-1 is the company's largest ABS issuance to date. The senior notes received AAA ratings from Fitch Ratings and Kroll Bond Rating Agency, the highest grade each agency can assign. The transaction was more than 5x oversubscribed, drawing substantial investor interest. WEF 2026-1 is backed by a portfolio of equipment lease and loan contracts with an aggregate securitization value of approximately $438.18M as of the August 31, 2026, initial cutoff date. The portfolio includes 211 contracts across 63 obligors.