NextDC shares plunged Wednesday morning after the company slashed its guidance.
Australian data center operator NextDC saw its stock plummet 42% to a nine-year low Wednesday after it slashed its earnings outlook and announced a slowdown in its project schedule. Investors are now ...
NextDC is Australia's largest data-center operator, with 17 centers in operation and another 11 in development or in the planning stage. The majority of its facilities are in Australia, but it is also ...
Australian data center operator NextDC (NXDCF) shares plunged as much as 44% on Wednesday after it sharply cut its FY27 revenue and earnings forecasts due to delays in electricity network upgrades at ...
Clarus Capital completed a new $15 million lease facility for a publicly traded data center operator. Financing proceeds supported the ...
South Korean AI firm Elice surged nearly 30% after plunging on its market debut, mirroring wild swings in the country's ...
The AI data center boom could leave investors with losses but the economy with valuable infrastructure. The biggest risk is ...
Bitdeer's contracted AI Cloud revenue jumped from $0.9 billion in August on A201 commitments in Johor, while ARR held at $86 ...
Ukraine has increasingly used long-range strikes and strikes against data centers to weaken Russia's ability to sustain the war.
NextDC shares plunged 37% after a delayed power upgrade for its Melbourne M3 data centre forced the company to cut fiscal 2027 revenue and earnings guidance.
CoreWeave's credit slide and a nationwide backlash against U.S. data centers are deepening Wall Street doubts about AI ...
Over in the AI space, investors are also increasingly wary of the massive amounts of money being poured into data centers.