Oracle shares drop on report it sent ‘force majeure’ notice about data center project
Tech
A trader works as a screen shows the logo and trading information for Oracle on the floor at the New York Stock Exchange, March 9, 2026.
Brendan McDermid | Reuters
Oracle shares fell 4% on Thursday following a report that the company sent a “force majeure” notice to the developer of its New Mexico data center project to protect itself from higher expenses.
Bloomberg reported the news, citing sources familiar with the matter.
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Oracle shares drop on report it sent ‘force majeure’ notice about data center project
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