Market pulse › New Mexico
New Mexico
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Net tone–
Market checkOracle Financial Services Software −1.4%
Developing1 storyline
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Market move▼ bearishOracle issues force majeure notice over New Mexico data-centre project; OFSS shares fallOFSS shares fell 4% in one report and over 5% in anotherOracle Financial Services SoftwareOracleData centres
Funding and debt● mixedOracle-Blue Owl data-centre delay raises concerns over AI financingOracle moved to protect itself against potential delays at a New Mexico data-centre projectOracleData centresAI
Expansion● mixedOracle invokes force majeure over power delays at New Mexico data-centre projectOracle shares fell 5% in one report and 3% in anotherData centresAIPower sector
● mixedOracle invokes force majeure over New Mexico data-centre projectOracle sent a force majeure notice over potential cost increases on a New Mexico data-centre projectOracleData centresAI
Legal● mixedNew Mexico privacy trial against Facebook goes to jury, with billions in penalties at stakeJurors must decide whether Facebook violated New Mexico's Unfair Practices Act and how many times