Oracle stock drops as the company moves to shield itself from costs linked to controversial data center - Yahoo Finance

Oracle's stock price drops after force majeure notice

Oracle stock fell 5% after the company issued a force majeure notice regarding its data center project. The notice raised concerns about possible delays and higher costs. Investors are cautious, with reports indicating pressure on Oracle's $18bn data center debt and local opposition. Project Jupiter loans are trading at 90 cents, showing financial pressures. Companies are seeking to reduce costs linked to the controversial data center. The stock decline reflects broader concerns about the project's impact on Oracle's financial health.

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