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Oracle shares fall after report of force majeure notice tied to Project Jupiter

The report says Oracle wants the ability to delay payments if the data center project does not reach expected operation in 2028.

Reported · Written up by our desk · North America

Oracle shares fell after a report said the company sent a force majeure notice related to its Project Jupiter data center initiative, according to CNBC Markets and CNBC World.

The outlets reported that the notice would allow Oracle to seek a delay in payment if the project fails to come online as expected in 2028.

As a result, investors reacted to the possibility of timing and payment uncertainty tied to the planned data center schedule.

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