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Oracle sends 'force majeure' notice about data center project — stock drops 3%
| Mustard fragrant field giraffe | 09/25/26 |
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Date: September 25th, 2026 6:52 PM Author: Mustard fragrant field giraffe Oracle shares fell more than 3% on Thursday following news that the company sent a "force majeure" notice tied to its New Mexico data center project to protect itself from higher expenses.
"Project Jupiter remains on our planned schedule," Oracle said in a statement to CNBC. "We are fully committed to New Mexico and confident in our path forward." |