Shares of Australian AI data centre operator NEXTDC plummeted by 42% following a delay in revenue and the shelving of future plans due to power supply issues. This development highlights the risks associated with infrastructure bottlenecks in the rapidly growing AI sector. Meanwhile, Adidas shares rose after the company increased its guidance for 2026, signaling confidence in its future performance. In currency markets, the British pound has strengthened against the euro, reaching its highest…
Today's UK inflation data exceeded expectations, reinforcing the likelihood of a BOE rate hike. Meanwhile, NEXTDC's significant share drop underscores the challenges facing the AI sector. Keep an eye on BOE Governor Bailey's speech for potential market-moving insights. This brief is a snapshot of public commentary at the time of writing — not financial advice.
| Better than expected | As expected | Worse than expected | |
|---|---|---|---|
| GBP/USD | ▲ | – | ▼ |
| DXY | ▼ | – | ▲ |