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

Newseze Wire·Wed, Oct 21, 2:55 AMWire: CNBC Top News
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Australian data center operator NextDC's shares plunge 40% after it slashes earnings forecast

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

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The company cited power supply delays at its Melbourne facility amid local community and stakeholder opposition for lowering earnings forecast. The story falls into Newseze's economy desk and is being actively tracked by our editorial team. Calm framing, primary-source references, and respectful tone — every Newseze story is scored for drama and conspiracy before it reaches you. Worth knowing: Newseze refreshes its newsroom every hour and flags fast-moving local and breaking news as it develops. Watch this page for updates. Reporting: CNBC Top News.
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