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Friday 23 October
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Story Technology Oracle

Oracle sends 'force majeure' notice about data center project — stock sinks 5%

The brief

Oracle is reportedly looking to delay payment on Project Jupiter if it the data center fails to come online in 2028 Oracle sent a notice citing force majeure to the project's developer, a unit of Blue Owl Capital Inc., regarding a massive data center being built in New Mexico. Key points and original sources are listed below.

  • Oracle is reportedly looking to delay payment on Project Jupiter if it the data center fails to come online in 2028S1
  • Oracle sent a notice citing force majeure to the project's developer, a unit of Blue Owl Capital Inc., regarding a massive data center being built in New Mexico. Sridhar Natarajan reports on "Bloomberg Open Interest." (Source: Bloomberg)S2
  • Oracle shares fell 4% on Thursday following news that the company sent a “force majeure” notice tied to its NewS3
Timeline · newest first
4w Cnbc

Oracle sends 'force majeure' notice about data center project — stock sinks 5%

Oracle is reportedly looking to delay payment on Project Jupiter if it the data center fails to come online in 2028

4w Bloomberg

Oracle Cites ‘Force Majeure’ to Seek Cover From Data Center Delays

Oracle sent a notice citing force majeure to the project's developer, a unit of Blue Owl Capital Inc., regarding a massive data center being built in New Mexico. Sridhar Natarajan…

4w Wol

Oracle stock falls on news it sent data center ‘force majeure’ notice

Oracle shares fell 4% on Thursday following news that the company sent a “force majeure” notice tied to its New

Oracle sends 'force majeure' notice about data center project — stock sinks 5%

3 outlets 3 reports
The brief

Oracle is reportedly looking to delay payment on Project Jupiter if it the data center fails to come online in 2028 Oracle sent a notice citing force majeure to the project's developer, a unit of Blue Owl Capital Inc., regarding a massive data center being built in New Mexico. Key points and original sources are listed below.

  • Oracle is reportedly looking to delay payment on Project Jupiter if it the data center fails to come online in 2028S1
  • Oracle sent a notice citing force majeure to the project's developer, a unit of Blue Owl Capital Inc., regarding a massive data center being built in New Mexico. Sridhar Natarajan reports on "Bloomberg Open Interest." (Source: Bloomberg)S2
  • Oracle shares fell 4% on Thursday following news that the company sent a “force majeure” notice tied to its NewS3
Timeline · newest first

Sources · 3 citations

S1 Cnbc 1 report · EN
S2 Bloomberg 1 report · EN
S3 WolLead 1 report · EN