Oracle stock falls after issuing 'force majeure' notice on its data center project

Name: Oracle stock falls after issuing 'force majeure' notice on its data center project
Uploaded: 2026-09-24T20:00:00.000Z
Duration: 53 s
Description: Oracle's stock experienced a decline after the company issued a "force majeure" notice related to its data center project in New Mexico. This action was taken to mitigate potential higher expenses associated with the development.

News Clip0:53CNBC Television·NM·9/24/2026

Oracle's stock experienced a decline after the company issued a "force majeure" notice related to its data center project in New Mexico. This action was taken to mitigate potential higher expenses associated with the development.

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Oracle

Oracle shares fell on Thursday following news that the company sent a “force majeure” notice tied to its New Mexico data center project to protect itself from higher expenses.

CNBC's Seema Mody has the details.