$ORCL

U.S. stock indexes fell Thursday, with the Nasdaq down 0.8%, Dow 0.6%, and S&P 500 0.5%. The 30-year Treasury yield hit 5.446%, its highest since 2004. Oracle dropped 5% due to data center delays, while Meta rose 3.1% on AI-driven price target upgrades. U.S.-China trade truce extended by two months.

Charles River Labs rose 5% after reaffirming fiscal 2026 guidance. Nebius gained 6% on Bank of America's revenue upgrade. Oracle fell 4% after a force majeure notice on a data center project. Bloom Energy dropped 6% alongside Oracle. Arm Holdings slid 6% after its CFO sold shares. GoDaddy climbed 3% on a takeover offer from Gen Digital. Darden Restaurants dipped 2% despite in-line earnings. MGM Resorts tumbled 10% after a withdrawn takeover bid. Meta Platforms advanced 3% on AI optimism.

European stocks fell 0.5% as global bond yields rose to 19-year highs. Oil prices spiked 4.4% due to Middle East tensions. Ryanair dropped 2% on high oil costs, while Glanbia rose 0.8%. H&M fell 2% on profit margin concerns. In London, the FTSE 100 dipped 0.24%, with Rolls-Royce and BAE Systems declining. Vistry fell 3.1% after lowering profit expectations. Raspberry Pi surged 19.6% on strong earnings. US stocks declined, led by tech, with Oracle down 5.5% on a data center issue.

Surescripts and Oracle Health (ORCL) partnered to integrate prior authorization automation into Oracle Health’s workflow, aiming for 2027 availability. The tool automates approvals in 18 seconds when criteria are met, reducing delays in patient care. Oracle and Surescripts will also explore incorporating First-Fill Abandonment monitoring. According to a survey, 95% of physicians said prior authorization delays care, and 79% said it leads to treatment abandonment.

Oracle's credit default swaps hit record highs, with its 2056 bond yield exceeding 8%. The company sent a force majeure notice for its New Mexico data center, causing its stock to drop 5%. Broader tech and AI sector CDS spreads also widened amid rising borrowing costs and U.S. Treasury yield surges, according to Zerohedge.

U.S. stocks fell midday Sept. 24, with the S&P 500, Nasdaq, and Dow Jones down 0.48%, 0.77%, and 0.71% respectively, driven by rising Treasury yields. Oracle dropped 5% after declaring force majeure on a data center project. Meta gained on new VR glasses and AI device launches, while UPS fell on an analyst downgrade.

US markets fell Thursday amid rising oil prices and bond yields, with the Dow down 0.3%, S&P 500 off 0.2%, and Nasdaq down 0.6%. New home sales rose to 684,000 in August, above expectations. MGM Resorts dropped 10% after a withdrawn takeover bid, and Oracle fell 6% due to data center concerns. The FTSE 100 closed 0.2% lower in London.

Oracle (ORCL) stock declined Thursday after Bloomberg reported the company sent a force majeure notice to the developer of its 'Project Jupiter' data center in New Mexico, potentially delaying payments. The notice raises concerns about the project's timeline and its impact on Oracle's AI initiatives.

NVIDIA reported record Q2 2027 revenue of $96.2B, up 106% YoY, driven by AI infrastructure demand. Key customers AWS, Meta, Microsoft, and OpenAI are deploying millions of NVIDIA GPUs, with AWS planning 2M additional GPUs by 2028. NVIDIA expects Q3 2027 revenue of ~$108B, highlighting ongoing AI boom.

Oracle's stock fell 6.5% Thursday due to delays in its $165B 'Project Jupiter' data center in New Mexico. The project faces power supply risks as Energy Transfer's gas pipeline construction is delayed, pushing completion to 2028. Oracle invoked force majeure to avoid penalties. The setback highlights supply chain risks in AI infrastructure projects, according to the article.