Oracle's Stock Falls 3.5% on Data Center Delay Concerns

Oracle Corporation's ORCL shares came under pressure Thursday after the company invoked a "force majeure" provision related to a massive data center project in New Mexico. The move raised concerns about potential delays and costs associated with Oracle's aggressive artificial intelligence (AI) infrastructure expansion. Oracle's shares ended the session 3.5% lower, while investors continued to scrutinize the company's substantial AI-related capital spending. Oracle Seeks Protection on Project Jupiter Oracle issued the notice to a unit of Blue Owl Capital, the developer of the 1,400-acre Project Jupiter data center campus.