U.S. MarketsSeptember 24 at 11:50 AM

Oracle (ORCL) says force-majeure notices are commonplace in developments of this scale and are often used to preserve contractual rights among project partners

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Oracle issued a routine force-majeure notice on its $165 billion Project Jupiter data center to preserve contractual rights amid regulatory hurdles, affirming no impact on fiscal 2027 guidance.

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ORCLOracle Corp$138.51Current price

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Oracle (ORCL) sends force majeure notice over New Mexico data centre; trying to put off payments on project if it's delayed

ORCL Geopolitics

Iran's Major General Safavi says the Strait of Hormuz will never re-open in its prior form, Irib reports; Iran and Oman had a mechanism for managing the Strait, this was sabotaged by the US. Iran will fully manage and control the Strait.