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Oracle Shares Fall After Company Seeks Protection From Rising Data Center Costs

Oracle Shares Fall After Company Seeks Protection From Rising Data Center Costs

Austin, Thursday, 24 September 2026.
Oracle shares fell after invoking legal clauses to delay payments on a New Mexico data center if construction slips past 2028, amidst $18 billion in stressed project debt.

Oracle Resumes Construction on Massive New Mexico Artificial Intelligence Data Center

Oracle Resumes Construction on Massive New Mexico Artificial Intelligence Data Center

Santa Fe, Thursday, 24 September 2026.
Despite recent state Supreme Court victories restoring crucial water access for Oracle’s $165 billion Project Jupiter, $18 billion in project-linked loans trade at a discount amid ongoing local opposition.