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The Economic Times

National

Debjit Sinha

Why is Oracle stock crashing today at NYSE, Wall Street? Check reason behind ORCL share price bloodbath on Thursday

Oracle ORCL Blue Owl Jupiter MGM Resorts

Oracle Stock is crashing today at New York Stock Exchange (NYSE) as ORCL share price was down by over five per cent to USD 137 in the ongoing trading. With this AI stocks are facing fresh scrutiny following Oracle's decision to protect itself against potential delays in the construction of a data center in New Mexico.

Oracle lost 5.5 per cent after a report said the company sent a 'force majeure' notice to a New Mexico data center. Shares of Blue Owl, the project's developer, also fell 5 per cent.

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Top stories on inkl right now

Nebraska dad sues state after his record request has $1M bill - and a 2076 answer timeline

Nebraska dad sues state after his record request has $1M bill - and a 2076 answer timeline

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Outrage over high school football game after player tackles opponent carrying American flag in now-viral video

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One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Huntsville Measles Investigation Reaches 195 Contacts, and Alabama Has Not Yet Named a Third Exposure Site

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Alabama health officials have identified 195 contacts in the Huntsville measles case and a third exposure site. What families should do now.

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