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Stock Market Today, Sept. 24: Oracle Stock Dips As it Issues Force Majeure Notice on Project Jupiter Data Center

The Motley Fool·
Stock Market Today, Sept. 24: Oracle Stock Dips As it Issues Force Majeure Notice on Project Jupiter Data Center

Oracle stock fell 3.47% after issuing a force majeure notice for its Project Jupiter data center in New Mexico, citing construction delays and regulatory hurdles. The move signals challenges in data center development but is primarily a legal protection measure. Oracle's heavy debt load for AI infrastructure investments has raised concerns, with credit default swaps hitting record highs.

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