US stock market anomaly | Oracle (ORCL.US) fell 2% before the market, $10 billion AI data center financing efforts frustrated

date
18/12/2025
According to the Zhtng Finance and Economics app, on Wednesday, Oracle (ORCL.US) fell 2% before the market opened, to $184.80. It was reported that three sources revealed Blue Owl had been in talks with lenders and Oracle, planning to invest in a planned 1 gigawatt data center in Saline Township, Michigan, aimed at serving OpenAI. However, as negotiations stalled, the deal that Blue Owl had planned for up to $10 billion in financing and a large equity investment will not move forward. Oracle later responded saying that the equity transactions related to the Michigan data center are still progressing as planned.