{"id":73118,"date":"2026-10-16T06:08:13","date_gmt":"2026-10-16T10:08:13","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/blue-owl-touts-data-centers-amid-software-concerns-eu-pledges-2027-support-for-ukraine\/73118\/"},"modified":"2026-10-16T06:08:13","modified_gmt":"2026-10-16T10:08:13","slug":"blue-owl-touts-data-centers-amid-software-concerns-eu-pledges-2027-support-for-ukraine","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/blue-owl-touts-data-centers-amid-software-concerns-eu-pledges-2027-support-for-ukraine\/73118\/","title":{"rendered":"Blue Owl Touts Data Centers Amid Software Concerns; EU Pledges 2027 Support for Ukraine"},"content":{"rendered":"<h2>Key Takeaways<\/h2>\n<ul>\n<li><strong>Blue Owl Capital (<a href=\"\/stock\/OWL\">OWL<\/a>)<\/strong> executive James Clarke dismissed concerns regarding software sector risks, shifting focus to the firm&#39;s massive <strong>$165 billion<\/strong> data center pipeline.<\/li>\n<li>The <strong>European Union<\/strong> reaffirmed long-term financial commitment to Ukraine, discussing a <strong>$50 billion (\u20ac45 billion)<\/strong> support package for 2027 to ensure macroeconomic stability.<\/li>\n<li><strong>Oracle (<a href=\"\/stock\/ORCL\">ORCL<\/a>)<\/strong> has invoked &quot;force majeure&quot; on a major New Mexico data center project developed by a Blue Owl unit, seeking to delay payments due to power infrastructure setbacks.<\/li>\n<li>Saudi Arabian authorities issued and subsequently cleared an emergency &quot;danger&quot; alert in the <strong>Yanbu Governorate<\/strong>, a critical Red Sea oil hub, following potential aerial threats.<\/li>\n<\/ul>\n<h2>Blue Owl Navigates Data Center Headwinds and Software Volatility<\/h2>\n<p>James Clarke, Global Head of Institutional Capital at <strong>Blue Owl Capital (<a href=\"\/stock\/OWL\">OWL<\/a>)<\/strong>, has downplayed growing investor anxiety regarding software-related credit risks. Speaking at a recent industry event, Clarke emphasized that the alternative asset manager is increasingly &quot;touting&quot; its infrastructure portfolio, specifically its role in the <strong>Stargate AI<\/strong> initiative. The firm currently manages a real estate and infrastructure platform that has grown from a small startup to over <strong>$64 billion<\/strong> in assets, targeting a <strong>$20 trillion<\/strong> market inefficiency in corporate real estate.<\/p>\n<p>However, the firm&#39;s flagship &quot;Project Jupiter&quot;\u2014a <strong>2.5GW<\/strong> data center campus in New Mexico\u2014is facing legal and regulatory hurdles. <strong>Oracle (<a href=\"\/stock\/ORCL\">ORCL<\/a>)<\/strong>, the anchor tenant, recently issued a <strong>force majeure<\/strong> notice to a Blue Owl unit to shield itself from costs related to delays in securing power. Despite these challenges, Blue Owl maintains that the project remains on track for its <strong>2028<\/strong> operational target, with the firm earning a <strong>9% yield<\/strong> on equity during the development phase.<\/p>\n<h2>EU Solidifies 2027 Financial Lifeline for Ukraine<\/h2>\n<p>In Brussels, Ukrainian President <strong>Volodymyr Zelenskiy<\/strong> met with European Commission President <strong>Ursula von der Leyen<\/strong> and European Council President <strong>Ant\u00f3nio Costa<\/strong> to secure funding beyond the current fiscal year. The leaders discussed the allocation of <strong>$50 billion (\u20ac45 billion)<\/strong> under the Ukraine Support Loan for <strong>2027<\/strong>. This funding is intended to bridge Kyiv\u2019s projected budget shortfall and support the country&#39;s energy grid amid ongoing Russian strikes.<\/p>\n<p>The EU has already mobilized over <strong>\u20ac117.3 billion<\/strong> in total budget support for Ukraine since the conflict began. <em>Market analysts note that this predictable multi-year funding is critical for Ukraine&#39;s economic stability, especially as political shifts in the United States raise questions about future American military and financial aid.<\/em> The EU also confirmed it is working on a <strong>22nd package of sanctions<\/strong> against Russia to maintain economic pressure.<\/p>\n<h2>Saudi Civil Defense Issues All-Clear for Yanbu Oil Hub<\/h2>\n<p>The Saudi Arabian Civil Defense issued a high-level emergency alert for the <strong>Yanbu Governorate<\/strong> on Friday morning, urging residents to seek shelter and avoid filming. Yanbu is a vital industrial center and one of the Kingdom&#39;s primary Red Sea oil ports, handling millions of barrels of crude daily. The alert followed reports of potential &quot;hostile aerial threats&quot; in the region, which has seen increased tension due to regional conflicts.<\/p>\n<p>Within an hour of the initial warning, authorities announced that the &quot;danger has passed&quot; and conditions had returned to normal. <em>The rapid issuance and cancellation of the alert underscore the heightened state of readiness in the region&#39;s energy infrastructure hubs.<\/em> No damage to oil facilities or civilian infrastructure was reported following the incident.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Blue Owl Capital (OWL) executive James Clarke dismissed concerns regarding software sector risks, shifting focus to the firm&#39;s 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