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Oracle declares force majeure for New Mexico data center; Medtronic to spin off business

The Motley Fool +1 ·

ORCL Oracle Corp
$131.14 +1.20%
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  1. 1Oracle has declared force majeure regarding the New Mexico Jupiter Project announced two years ago.
  2. 2Medtronic has launched a voluntary exchange proposal to spin off its diabetes unit, MiniMed.
  3. 3Revolut, with a private market valuation of approximately $120 billion, seeks entry into the US market.

So what's the key point?

Oracle announced that it is difficult to proceed with its New Mexico data center project. Medtronic is splitting off its diabetes business, and Revolut is preparing to enter the US market.

Source The Motley Fool +1 · View original ↗

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