Why Oracle Stock Just Dropped
Oracle's Project Jupiter could fail -- and it's not even Oracle's fault.
Overview
Oracle (NYSE: ORCL) stock sold off 6.5% through 10:15 a.m. ET Thursday morning as troubles mounted surrounding its proposed "Project Jupiter" data center in New Mexico.
The $165 billion project, which aims to build a gigantic data center in the New Mexican desert, will require 2.45 gigawatts of power. But now, that power supply looks to be at risk.
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
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