Bloomberg Surveillance · Tuesday, September 29, 2026
Ed Yardeni highlights a stress in the deal pipeline, citing the postponement of a data center, part of Oracle's $500 billion partnership with OpenAI and SoftBank. The delay was caused by a state rejection of a 19-mile gas pipeline crucial for the project.
“Well, I kind of am watching Oracle more closely because of the Stargate deal where Oracle is... in a partnership with OpenAI and SoftBank to build data centers.”
“And I think the total commitment is $ 500 billion. And just recently, one of those data centers was postponed rather significantly because a 19-mile gas pipeline in New Mexico was rejected by the state.”
“So, yeah, there's starting to be some stresses there.”