Oracle Corporation (ORCL)
Oracle shares fall as company invokes 'force majeure' over New Mexico data center project
Oracle Corp (NYSE:ORCL, XETRA:ORC) shares fell over 6% to $135 in morning trading on Thursday after Bloomberg reported that the company had sent a 'force majeure' notice related to its New Mexico data center project. According to the report, Oracle sent the notice to the project's developer, a unit of Blue Owl Capital, seeking to delay payments if the data center fails to come online in 2028 as planned.
Oracle Declares Force Majeure on $165 Billion Project Jupiter Data Center
At $138.26, Oracle (NYSE:ORCL | ORCL Price Prediction) is a Hold.
Here's why Oracle stock price is crashing
Oracle (NASDAQ: ORCL) stock fell nearly 6% in pre-market trading on Thursday, September 24, following reports that the company had issued a force majeure notice related to its New Mexico data center project.
Oracle Drops 6% as Selloff Runs Ahead of the Cloud Group; Snowflake Slips, CoreWeave Barely Budges
Oracle (NYSE:ORCL | ORCL Price Prediction) stock is down 6% to $136.73 in morning trading, a sharp move that has the company decoupling from the rest of the cloud complex. Meanwhile, CoreWeave (NASDAQ:CRWV) stock is practically unchanged at $86.
Oracle's stock is falling as investors fear a data-center setback
Shares of Oracle are falling in premarket action on Thursday after a report flagged challenges related to a data-center project in New Mexico.
Oracle Corporation Japan (OCLCF) Q1 2027 Earnings Call Transcript
Oracle Corporation Japan (OCLCF) Q1 2027 Earnings Call Transcript
Oracle: The Most Mispriced AI Opportunity On The Market Today
Oracle is significantly underappreciated as an AI cloud infrastructure leader, with accelerating revenue and margin growth driven by massive data center investments. ORCL's remaining performance obligations (RPO) surged to $664 billion, fueling 121% year-over-year infrastructure revenue growth and highlighting a robust forward revenue pipeline. Shares trade at only 18x operating income, well below peers, with potential for multiple expansion and annualized appreciation approaching 40% through 2030.
Revealed: Some of the Oracle cloud roles hit hardest in layoffs
Oracle laid off over 500 US employees from its cloud infrastructure division last week, per docs obtained by BI. The cuts fell hardest on managers, engineers, software developers, and data center support workers.
Oracle stock at risk as a major $18 billion headwind emerges
Oracle stock has sold off this year, and has become one of the top laggards in the S&P 500 Index. It has slumped by over 40% from its highest point this year.
Oracle: Backlog Burden Implies More Capex Pains - Contrarian AI Buy Thesis
The $664B backlog (+45.9% YoY) requires ORCL to embark on outsized capex trends, with it pressuring their near-term cash flow, balance sheet, and net income metrics. Otherwise, as more of their new capacity comes online, the hyperscaler has reported outsized cloud infrastructure/applications revenue growth and richer profit margins. The recent meltdown has contributed to ORCL's discounted P/E of 18.5x and 3Y PEG of 0.67x, while triggering a rich upside potential to my LTPT of $291.70.
Oracle to pay dividends next month; Here's how much 100 ORCL shares will earn
Oracle (NYSE: ORCL) is set to pay its next quarterly dividend on October 23, 2026, giving shareholders another cash payout.
Oracle's $18 billion data center debt under pressure, FT reports
About $18 billion in loans tied to an Oracle-leased data center in New Mexico has come under pressure, with loans quoted at 89 to 91 cents on the dollar by syndicate banks, including Santander and Jefferies , the Financial Times reported on Friday.
