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 an expected capacity of 2.45 gigawatts. The U.S. AI infrastructure boom could require $10.3 trillion in investment through 2032, averaging 3.6% of GDP annually, surpassing historic U.S. investment booms. Meanwhile, Meta Platforms introduced a compact AI device and a new VR headset, signaling ongoing innovation in AI hardware. The oil and gas industry is lobbying against a potential ban on U.S. diesel exports, which could raise domestic fuel prices.
As of Sep 24, 2026 23:02 WIB, Oracle shares on Pluang are priced at USD 137.97, down 4.55% for the day, with a market cap of $437.11 billion. Meanwhile, Meta Platforms is trading at USD 766.39, up 3.00%, holding a market cap of $1.90 trillion. The strong sell activity on Oracle, with 84% of orders to sell, contrasts with Meta's more balanced 68% sell orders, highlighting differing investor sentiment on these tech giants amid ongoing AI infrastructure developments.
Bloom Energy's biggest deployment, a 2.45 GW fuel cell project at Oracle's Project Jupiter data center in New Mexico, is delayed due to a natural gas pipeline setback pushed from August 2026 to February 2027. This delay threatens Bloom's revenue targ...
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 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 infrastruc...
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...
