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NextDC shares drop 66pc since June, RBA likely to hike in November | Finance Report | ABC NEWS Analytics Table
Income Estimates for NextDC shares drop 66pc since June, RBA likely to hike in November | Finance Report | ABC NEWS
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About NextDC shares drop 66pc since June, RBA likely to hike in November | Finance Report | ABC NEWS
Explore NextDC shares drop 66pc since June, RBA likely to hike in November | Finance Report | ABC NEWS with 45,884 views, 324 likes, and 0 comments. Experience the impact of this video content that has captured audience attention.
The odds of the Reserve Bank lifting the cash rate in early November have jumped to 64 per cent, according to the latest market pricing. Meanwhile, shares of the former market darling NextDC have plummeted to their lowest level since 2018. That's after the AI data centre company saw its share price tumble 66 per cent in the past five months. Its CEO, Craig Scroggie, has agreed to forgo his bonus, while the board of directors has withdrawn a resolution seeking shareholder approval for a collective $300,000 pay rise. The Australian dollar is near a one-month high, while the ASX ended its day slightly higher. Presented by David Chau. #ABCBusiness Subscribe: http://ab.co/1svxLVE Read more here: https://www.abc.net.au/news/2026-10-26/asx-markets-business-live-news-october-26/107306820 Note: In most cases, our captions are auto-generated. #ABCNEWS #ABCNEWSAustralia
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