October 21, 2026

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

Business CNBC
Image: CNBC

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

CNBC reported this story. Read the full report on cnbc.com →

This is a short summary. CNBC wrote and published the full report.

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