The Nemesis hypothesis proposes a distant brown dwarf around 95,000 AU could periodically disturb the Oort Cloud and trigger mass extinctions roughly every 26 million years. Major infrared surveys including WISE, 2MASS and IRAS have found no convincing evidence for such a companion. Odd orbits of distant objects like Sedna keep the idea alive, but future surveys (for example the Vera C. Rubin Observatory) will be needed to confirm or rule out Nemesis.
Nemesis: Could a Hidden 'Death Star' Explain Earth's Periodic Mass Extinctions?

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