Show Notes
Delays to power upgrades at NextDC's Melbourne site forced a sharp downgrade, raising questions for data centre investors.
A delay to power upgrades at a Melbourne site sent NextDC shares tumbling and prompted a sharp cut to its revenue guidance. SBS Finance Editor Ricardo Gonçalves examines what the setback could mean for the wider data centre build-out, with Luke Laretive of Seneca Financial Solutions. Plus, SpaceX reports a 161 per cent jump in quarterly revenue, with AI revenue up nine-fold, as Elon Musk floats a possible merger with Tesla. Tom Kennedy speaks with Dan Ives of Yorkville Ives about the result and the wider AI trade.
In this episode What NextDC’s downgrade and share price fall could mean for investors in data centres How community opposition and delays to power upgrades could affect data centre projects What SpaceX’s results and growing AI revenue mean for the company and Australians with super exposure The potential implications of a SpaceX and Tesla merger, and the risks around AI investment, debt and interest rates SBS On the Money is a daily finance podcast where SBS Finance Editor Ricardo Gonçalves unpacks the ASX, the economy and the latest market moves with leading analysts and executives.
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