NextDC's electric shock, NAB says 2500 jobs must go & Musk’s $5trn move

 

This week, Chanticleer columnist James Thomson and deputy editor of business Anthony Macdonald jump into a couple of corporate story crackers on NextDC and NAB, preview the piece of data that will make or break Melbourne Cup Day, and take a question on whether the Chooks need to step up their AI game.

This podcast is sponsored by Stripe.

To ask a question, email chanticleer@afr.com.

Further reading:

$3b gone in 40 minutes: Inside the NextDC bloodbath

NextDC’s savage share price sell-off is more evidence that the country’s much-hyped AI infrastructure sector is bleeding. Two more big tests loom in the coming months.

What Musk’s mega Tesla-SpaceX merger is really about

Any tie-up between the billionaire’s two companies would be a huge moment for markets. But the reason is power, not money.

The two forces behind NAB’s job cuts should scare every Australian

The bank’s dual-pronged hammer blow to jobs should resonate across Australia’s office towers, particularly with the nation’s white-collar workers.