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Oracle Data Center Hit by Flooding

Oracle shares fell Wednesday after flooding reached the company's Project Jupiter data center site in southern New Mexico. However, Oracle stated that critical infrastructure remained undamaged.

ORCL

Oracle (ORCL) shares fell Wednesday after flooding reached the company's Project Jupiter data center site in southern New Mexico, though Oracle said critical infrastructure was not damaged. The update came after Oracle disclosed last week that a force majeure notice was tied to Jupiter.