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Arm Stock Dips Amid Oracle's "Force Majeure" Reports
Arm Holdings is falling Thursday in sympathy with Oracle and Blue Owl following reports of a "force majeure" notice tied to Project Jupiter.
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Stock Market Today, Sept. 24: Oracle Stock Dips As it Issues Force Majeure Notice on Project Jupiter Data Center
Oracle stock fell 3.47% after issuing a force majeure notice for its Project Jupiter data center in New Mexico, citing construction delays and regulatory hurdles. The move signals challenges in data center development but is primarily a legal protection measure. Oracle's heavy debt load for AI infrastructure investments has raised concerns, with credit default swaps hitting record highs.