Oracle cites ‘force majeure’ to shield itself on controversial data center, Bloomberg News reports
Sept 24 : Oracle is seeking to protect itself from potential cost increases related to a large data center project in New Mexico by sending a "force majeure" notice to the developer, Bloomberg News reported on Thursday, citing sources familiar with the matter.Shares of the company fell nearly 5 per cent in p
Oracle logo is seen in this illustration created on September 9, 2025. REUTERS/Dado Ruvic/Illustration
Sept 24 : Oracle is seeking to protect itself from potential cost increases related to a large data center project in New Mexico by sending a "force majeure" notice to the developer, Bloomberg News reported on Thursday, citing sources familiar with the matter.
Shares of the company fell nearly 5 per cent in premarket trading after the report. Reuters could not independently verify it.
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