Oracle's stock fell nearly 6% after the company issued a force majeure notice regarding its New Mexico data center, Project Jupiter. The notice aims to protect Oracle from higher costs and delay payments if the facility, part of a major AI infrastructure initiative, is not operational by 2028. The project faces challenges including delays in a critical natural gas pipeline, local opposition, and environmental concerns. Despite these issues, Oracle insists the project remains on schedule, but the setbacks highlight risks to its ambitious data center plans.
As of Sep 24, 2026 21:21 WIB, Oracle's stock on Pluang trades at USD 135.40, down 6.33% for the day, reflecting significant investor reaction to recent developments. The stock sees heavy selling activity with 84% of orders being sell orders, while the typical hold time on Pluang is 71 days. Oracle's market capitalization stands at $437.11 billion, highlighting its large presence in the technology sector.
Oracle issued a force majeure notice on its $165 billion Project Jupiter data center in New Mexico due to permit denial and financing challenges, causing its debt to trade below par and shares to drop about 4%. The project, critical for Oracle's AI i...
Oracle's stock fell 6% to $136.73, diverging sharply from the broader cloud sector which remained stable. This decline reflects company-specific issues rather than sector-wide weakness, as peers like Snowflake and CoreWeave showed minimal movement. D...
Oracle announced enhancements to its Digital Assets Data Nexus platform, enabling banks to integrate digital money transactions with traditional payment systems using ISO 20022 messaging. The platform supports AI-enabled risk analysis, smart contract...
Oracle announced its new Oracle Health Oncology EHR, an AI-driven electronic health record system designed specifically for cancer care. This solution integrates oncology-specific workflows, clinical intelligence from diverse data sources, and connec...
Oracle Health announced new AI capabilities in its revenue cycle management portfolio to help U.S. healthcare organizations reduce reimbursement issues early in the patient and payment process. These AI tools will automate and connect workflows acros...
