Stock Market Today, Sept. 24: Oracle Stock Dips As it Issues Force Majeure Notice on Project Jupiter Data Center
Today, Sept. 24, 2026, the enterprise cloud giant filed to shield itself from cost and payment risk as the New Mexico facility faces public opposition and permitting delays.
On September 24, Oracle's stock price dipped to $139.53, marking a 3.48% decline. The drop came after the company issued a force majeure notice regarding its Project Jupiter data center in New Mexico. Oracle's trading volume surged to 56.2 million shares, nearly double the three-month average of 33.4 million shares. The S&P 500 and Nasdaq Composite also reported slight declines, ending the day at 7,704 and 26,939, respectively.
Among competitors, Salesforce and ServiceNow showed mixed performance, with Salesforce up 0.35% to $238.40 and ServiceNow down 2.11% to $137.81. Oracle's financial situation has been strained by its investment in AI infrastructure, and its credit default swaps reached a record high as investors reacted negatively to the latest news.
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