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Why is Oracle stock slumping 5% today
Source: invezz.com
Artificial IntelligenceInfrastructure & DefenseLegal & Litigation
Oracle shares fell about 5% Thursday after the company issued a force majeure notice concerning Project Jupiter, a major AI data-center campus under development in New Mexico. The notice was sent to the project developer, a Blue Owl Capital unit, creating uncertainty around the timing and execution of Oracle's AI infrastructure expansion.
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