$18 Billion in Oracle-Leased New Mexico Data Center Loans Under Pressure

$18 billion in loans tied to an Oracle-leased data center in New Mexico came under pressure, Reuters reported Sept. 18. Oracle had said it expected to raise $45 billion to $50 billion in 2026 to fund AI buildout. I read this as credit stress spreading from Oracle shares, reported down over 21% in 2026 as of Sept. 10, to lenders.