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المشهد العربي
Oracle shares fall after force majeure announcement
Oracle's stock price decreased by 6.35%, reaching $135.35, following the company's announcement of a "force majeure" situation regarding the data center project in New Mexico, aimed at protecting the company from potential future expenses. This move is part of an effort to defer payments related to the "Jupiter" project, within the "StarHait" initiative to develop artificial intelligence infrastructure, with the project scheduled to be operational before 2028 according to the set timetable.
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