Oracle Reportedly Cited 'Force Majeure' To Delay Payments For a Data Center. Its Stocks If Falling.

Source: International Business Times

Oracle shares are plunging on Thursday following a report claiming it cited "force majeure" to protect itself from higher expenses in the construction of a data center in New Mexico. Oracle shares are plunging on Thursday following a report claiming it cited "force majeure" to protect itself from higher expenses in the construction of a data center in New Mexico, according to a new report. The company's stock fell almost 5.