Australian data center operator NextDC's shares plunge 40% after it slashes earnings forecast — Live Feedhttps://www.live-feeds.com/feed/australian-data-center-operator-nextdc-s-shares-plunge-40-after-it-slashes-earnings-forecastContinuously updated, source-cited coverage. NextDC Shares Plunge Following Earnings Slash and Delayshttps://www.live-feeds.com/feed/australian-data-center-operator-nextdc-s-shares-plunge-40-after-it-slashes-earnings-forecasthttps://www.live-feeds.com/feed/australian-data-center-operator-nextdc-s-shares-plunge-40-after-it-slashes-earnings-forecast#u153699Sun, 25 Oct 2026 10:35:39 +0000Australian data center operator NextDC suffered a dramatic stock plunge ranging between 40 and 44 percent after slashing its earnings forecast and reporting a revenue delay. The downward pressure followed public backlash hitting a data center and a delayed expansion project in Melbourne. The company also put its future plans on hold, dealing another significant blow to wider artificial intelligence market sentiment. Investors reacted sharply to the darkened financial outlook and project setbacks from the major data center provider.Why it mattersNextDC operates as Australia's largest data