02:21 PM EST, 11/07/2025 (MT Newswires) -- A group of about 20 banks is providing roughly $18 billion in project financing to help fund the construction of a data center campus tied to Oracle (ORCL) in New Mexico, Bloomberg reported Friday, citing people familiar with the matter.

Oracle did not immediately reply to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 235.68, Change: -8.12, Percent Change: -3.33