Oracle Corp. (NYSE:ORCL) shares are declining on Tuesday as selling pressure hits big-cap tech alongside a broader risk-off tape. The Nasdaq is down 1.37% while the S&P 500 has shed 0.76%, and Technology is leading the downside with a 2.2% sector drop that's weighing on software and cloud names.

Oracle, BorderPlex, Bloom Energy To Power Project Jupiter

Separately, Oracle, BorderPlex Digital Assets, and Bloom Energy Corporation (NYSE:BE) said Monday they will power the Project Jupiter AI data center in New Mexico using fuel cells, replacing gas turbines and diesel generators.

The site will deploy up to 2.45 GW of capacity, cutting NOₓ emissions by about 92% and significantly reducing water use. Oracle will cover energy costs to avoid impacting local electricity rates.

The project includes major community investments and is expected to create 4,000 construction jobs and 1,500 permanent roles.

Oracle Technical Analysis

Oracle is sitting well off its 52-week high ($345.72) and closer to the lower end of its yearly range, which keeps ...