Oracle said force majeure notices are common in developments of this scale and are typically used to preserve contractual rights among project partners.

JP Morgan raises Meta Platforms (META.O) PT to $920 from $820.

U.S. initial jobless claims fell by 1,000 to 197,000 in the week ended Sept. 19, seasonally adjusted, the U.S. Labor Department said on Thursday; economists had expected 201,000. Claims are at a 57-year low, partly reflecting seasonal-adjustment volatility around Labor Day and residual seasonal factors that often push claims lower toward year-end. The Labor Department said the underlying trend in claims remains consistent with current labor-market conditions. Economists say the labor market is stabilizing after a soft summer, supported by low layoff rates, but firms remain reluctant to hire amid higher energy prices tied to the conflict involving the U.S., Israel and Iran, import-tariff headwinds, tighter immigration policy and rising retirements that are reducing labor supply.