Australian data center operator NextDC's shares plunge 40% after it slashes earnings forecast

Source: www.cnbc.com · Section: business-tech · Bias: Center · Published: Wed, 21 Oct 2026 02:55:38 GMT

The company cited power supply delays at its Melbourne facility amid local community and stakeholder opposition for lowering earnings forecast.

Read the full article at www.cnbc.com →

The same story across the political spectrum (6 sources)

Left: Memphis fails to pass 1-year data center moratorium, opts for shorter-term ban — www.cbsnews.com
Center: Australian data centre group falls 44% on profit warning — www.ft.com
Center: Australian politician who was hit by car has lost both legs — abcnews.go.com
Center: Australian politician Helen Haines loses both legs after car attack — nypost.com
Center: HSBC CEO warns the AI boom won’t make every data center a good bet — www.cnbc.com

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