NEXTDC's shares fell 44% following a significant downgrade of its FY27 earnings and revenue guidance due to electricity supply delays at its M3 Melbourne data centre. The company cut its underlying EBITDA forecast to A$245-265 million from A$385-410 million and revenue guidance to A$475-500 million from A$615-640 million. Delays stem from Jemena Electricity Networks suspending power network works amid community opposition and safety concerns, pushing grid power availability to FY28. NEXTDC has paused new developments and reduced capital expenditure guidance, focusing on contracted capacity delivery over the next 12-18 months.
NEXTDC shares plunged 44% after a major earnings downgrade due to Melbourne power delays. For readers following the technology sector, here is Pluang's market snapshot as of Oct 21, 2026 05:51 WIB: Out of 150 priced US tech stocks, 124 rose and 24 fell. Notable movers include VNET at USD 4.11 with a 5.80% increase and 100% buy orders, GoPro at USD 1.10 up 5.77%, and Gartner at USD 219.60 up 5.72%, both with strong buy activity.
HUTCHMED has finalized an exclusive license agreement with GSK granting GSK rights to develop and commercialize HMPL-A830, a novel KRAS-EGFR antibody conjugate therapy, outside China, Hong Kong, Macau, and Taiwan. This therapy targets cancers with KR...
Medical Informatics Corp. has launched the Sickbay Experience Demo Center at Texas Medical Center's Helix Park, showcasing its FDA-cleared Sickbay platform. This interactive center demonstrates how real-time patient data from various medical devices ...
Grupo Aeroportuario del Pacífico reported Q3 2026 earnings per share of $2.66 and revenue of $632.9 million, both below analyst expectations. Despite the miss, the company saw a 13.2% rise in revenue excluding construction services and a 19.2% increa...
Northern Trust is set to report its Q3 2026 earnings with analysts forecasting a 24.9% rise in earnings per share to $2.86 and an 11.8% increase in revenue to $2.26 billion. Growth is driven by an 11.4% increase in net interest income and a 12.1% ris...
Bitcoin has risen to around $83,000, supported by renewed institutional buying, particularly from BlackRock's iShares Bitcoin Trust, which saw its largest daily ETF inflow in over a year. This rebound follows weeks of volatility and coincides with a ...
