-+ 0.00%
-+ 0.00%
-+ 0.00%

The Zhitong Finance App learned that on Thursday, Oracle (ORCL.US) jumped low. As of press release, the stock price had fallen by about 5%, with a market value of US$415.2 billion. According to the news, Oracle issued a force majeure notice regarding the New Mexico data center. If the project is delayed, Oracle is trying to defer payments to avoid additional expenses on a large-scale data center project in New Mexico, which has previously faced opposition and regulatory hurdles, further increasing the complexity of the project. People familiar with the matter said that Oracle is not trying to withdraw from the project's status as the main tenant, but rather wants to defer related payments when the Project Jupiter project is blocked and cannot be launched in 2028 as originally planned.

Zhitongcaijing·09/24/2026 13:49:17
Listen to the news
The Zhitong Finance App learned that on Thursday, Oracle (ORCL.US) jumped low. As of press release, the stock price had fallen by about 5%, with a market value of US$415.2 billion. According to the news, Oracle issued a force majeure notice regarding the New Mexico data center. If the project is delayed, Oracle is trying to defer payments to avoid additional expenses on a large-scale data center project in New Mexico, which has previously faced opposition and regulatory hurdles, further increasing the complexity of the project. People familiar with the matter said that Oracle is not trying to withdraw from the project's status as the main tenant, but rather wants to defer related payments when the Project Jupiter project is blocked and cannot be launched in 2028 as originally planned.