Oracle Stock Plunges After Project Jupiter Warning Threatens 2028 AI Data Center Target

This article first appeared on GuruFocus. Oracle (NYSE:ORCL) shares fell about 4% Thursday afternoon trading after the cloud company sent a contractual notice tied to its planned Project Jupiter data center in New Mexico, seeking protection if construction delays disrupt its 2028 target. The notice was sent to a developer backed by Blue Owl Capital. Oracle is not seeking to leave the project and has said the campus remains on schedule. Warning! GuruFocus has detected 6 Warning Signs with ORCL. Is ORCL fairly valued? Test your thesis with our free DCF calculator.ORCL GF Value chart Project Jupiter has encountered permitting obstacles and opposition from local groups.