DTE Energy has secured major hyperscale data center agreements with Oracle and Alphabet, positioning it for significant growth amid rising US electricity demand driven by AI. Despite a nearly 10% stock decline in the past month, the company’s strong earnings and a $139.90 price target suggest a 13.6% upside. Key growth drivers include a $5 billion investment from Google's 1 GW deal and a pipeline of 5-6 GW more projects. Risks include regulatory scrutiny and rising interest costs, but the outlook remains positive if DTE executes its capital plans and secures further contracts.
Oracle shares are trading at USD 138.49 with a 0.75% decline, while Alphabet is slightly up 0.50% at USD 344.08 on Pluang. The market shows strong buying interest in Oracle with 82% buy orders, contrasting with a balanced sell-buy split for Alphabet. These movements occur as of Sep 26, 2026 01:11 WIB, providing context to the tech sector's role in energy infrastructure developments.
Oracle Corporation is under scrutiny due to a force majeure notification related to Project Jupiter, which poses a $25 billion revenue risk. However, this move is seen as proactive risk management rather than a sign of deeper execution problems. Orac...
Oracle's Project Jupiter in New Mexico is delayed due to local opposition, reflecting a broader trend where up to $200 billion in data center projects are blocked or postponed. This slowdown threatens the AI infrastructure boom, as data centers are c...
Oracle issued a force majeure notice for its New Mexico data center project, causing its stock to drop over 5% pre-market and close down 3.47%. The company says the notice is a precaution and Project Jupiter remains on schedule. Despite concerns over...
Oracle Japan's shares surged over 7% after reporting record fiscal first-quarter sales and profits, driven by a 31.7% rise in cloud revenue. Net sales rose 13% year-on-year to 74.86 billion yen, with net profit up 23.2%. The company plans to expand i...
Oracle has issued a force majeure notice to delay payments on the Project Jupiter datacenter in New Mexico if the facility is delayed beyond 2028. This project is part of a larger AI infrastructure effort involving Oracle, OpenAI, and SoftBank, with ...
