Parallax, a California startup, raised $117 million to develop 3D-printed gas turbines for on-site data center power. The company aims to bypass multiyear backlogs at traditional turbine makers by using additive manufacturing to simplify the turbine core from over 2,000 parts to a handful. A prototype is planned by year-end 2026, with testing in 2027 and customer deliveries in 2028.
Parallax founded in 2026 by Stanford graduate Carl Schoeller, previously co-founded a defense hardware company.
Raised $117 million from Eclipse, Lux Capital, Founders Fund, Greylock, General Catalyst.
Aims to make 10 MW gas turbines using 3D printing to reduce parts from 2,000 to a handful.
Uses cheaper materials and lower combustion temperatures, sacrificing fuel efficiency for faster manufacturing.
Prototype by year-end 2026, testing in 2027, customer deliveries in 2028.
Multiple units needed per data center site.
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WHY IT MATTERS••••••••••Market transmission and exposed assetsBULL / BEAR CASE•••• / ••••Competing evidence, edited togetherNEWS ON PRICE••.•% reactionConfirmation versus SPY and sectorWHAT TO WATCH•• catalystsThe facts that can change the read
BORSAPLUSWhy it matters · Bull and bear case · Reaction against SPY and the sector · What to watch
Nasdaq sinks on rate-hike jitters; Oracle triggers sell signal after force majeure
bearish 30 · impact 50
Oracle stock slides 7% as force majeure notice on key AI data center raises concernsbearish 20 · impact 60
Oracle stock falls 6.9% after force majeure notice on Project Jupiter data centerbearish 20 · impact 75
Stock Market Today: Dow Falls Amid High Treasury Yields; Nvidia, Sandisk Sell Off (Live Coverage) -- IBD
Dow falls 0.5% as Treasury yields stay elevated; Nvidia, Sandisk lead tech lossesbearish 35 · impact 10
Oracle shares down 5.1% after force majeure notice on New Mexico data centerbearish 25 · impact 80
Dow futures drop as 10-year yield hits 5.1%, jobless: below forecastsbearish 35 · impact 10
BREAKING: Oracle stock, $ORCL, falls -5% after declaring "force majeure" on a massive data center being built in New Mexico.
Oracle has reportedly made the move in order to shield itself from rapidly rising expenses on the project. https://t.co/xCVRLVZARy
Dow futures drop 0.3% as 10-year yield hits 5.12%; jobless: below forecastbearish 25 · impact 80
Oracle stock falls 5% after force majeure notice cites rising costs for New Mexico data centerbearish 25 · impact 60
ORACLE $ORCL IS TRYING TO PROTECT ITSELF FROM PAYING FOR A DATA CENTER THAT HASN'T EVEN BEEN BUILT YET
Oracle sent developer Blue Owl Capital a force majeure notice on Project Jupiter, its massive New Mexico data center
Oracle isn't trying to walk away as the site's main tenant, it's trying to delay payments if the project misses its planned 2028 online date
The project has faced local opposition and regulatory setbacks. It's not clear whether the maneuver would actually free Oracle from its
Oracle shares fall 5% after force majeure report on New Mexico data centerbearish 25 · impact 60
Oracle shares fall 5.4% premarket after force majeure notice on New Mexico data centerneutral 50 · impact 65
Oracle invokes force majeure on Project Jupiter data centerbearish 30 · impact 50
Oracle seeks payment deferrals on delayed New Mexico data center projectbearish 30 · impact 60
Oracle shares fall 2.8% after force majeure noticebearish 35 · impact 40 · this page
Dow falls as Treasury yields top 5.12%; Nvidia extends losses premarketbearish 30 · impact 60 · first wire
bullishneutralbearishlabel = ticker sentiment·impact · dot size follows impact · click a dot to open the story
