The Sydney Fish Market is launching an online marketplace and expects to double its sales each year. Roblox - the gaming platform - is throwing a biiiiig chunk of extra cash into its creator fund. The White House has released a HUGE report on crypto’s environmental impact… and it wants the industry to clean itself up pronto. --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free a...
Sep 12, 2022•6 min
Metcash, the distributor for IGA supermarkets, has seen its sales jump nearly 9% over the last few months as Aussies continue to shop local post-lockdown. Kellogg’s is looking to spread its wings into a new cereal category named 'just-add-water'. EY, the professional services firm, is having its partners vote on whether to split the global company in two - and this could have big ramifications for the entire industry. --- Build the financial wellbeing of your team with Flux at Work: https://bit....
Sep 11, 2022•6 min
SPC has announced a $14 million pre-tax profit just 3 years after it was sold by Coca-Cola Amatil (as a loss-making business). Apple has had its annual iPhone launch and has announced a new iPhone, Apple Watch and Airpods. Russia has officially cut off Europe from its gas supply indefinitely, and now it has turned its war against Ukraine into an economic weapon against Europe. --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App S...
Sep 08, 2022•6 min
Armaguard and Prosegur, two of Australia’s cash van connoisseurs, want to merge together to stay alive. The D’Amelio family is launching a 100% family-owned brand with all their juicy TikTok money and exposure. In 2022, twice as many Aussie workers are as financially stressed as they were in 2020, according to a new report. --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork --- The content in this podcast reflects the views and opinions of the hosts, and ...
Sep 07, 2022•6 min
Kraft Heinz, the owner of some of the world’s, and Australia’s, biggest brands might be selling off its huge $1 billion Aussie and NZ business. Porsche, the luxury carmarker, is looking to leave the Volkswagen nest and go public in one of the biggest IPO’s in German history. Ireland just fined Meta, the owner of Facebook and Insta, a massive $591 million for being too lax with childrens’ data privacy. --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Dow...
Sep 06, 2022•6 min
Dan Murphy’s has told Aussies to come in for a slab of beer and stay for an on-the-spot job interview as part of its plan hire 2200. The Australian Federal Police has set up a new unit specifically to target crypto criminals. Foxtel and Seven are looking likely to will keep the AFL broadcasting rights and it could land for around $3 billion. --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Do...
Sep 05, 2022•6 min
The Aussie founders of Stake.com, the world’s biggest crypto casino, are being sued for $580 million bucks. Samsung is integrating AI and smart tech in their fridges and washing machines to help its customers use less power. Gatorade, the company known for its sports drinks, is entering the energy drink category - with a caffeinated number named Fast Twitch --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly...
Sep 04, 2022•6 min
David Jones has seen its sales and profits bounce back over the last couple of months, and now, it has opened itself up for a potential sale. Disney is exploring its own loyalty program, which will give special membership access across all of its millions of products. Snap has missed its revenue goals by a country mile, so now, it's laid off 1 in 5 staff members across the company. --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (...
Sep 01, 2022•6 min
Webjet is popping bottles after its travel bookings reached 95% of its pre-pandemic levels. Superannuation products from four super funds will be forced to close to new members after they failed a key performance test for a second straight year. PointsBet, which has Shaquille O’Neill as its ambassador, has announced a loss of $267m for the last 12 months. --- Flux on TikTok: https://www.tiktok.com/@flux.finance --- The content in this podcast reflects the views and opinions of the hosts, and is ...
Aug 31, 2022•6 min
Cettire, the Aussie luxury fashion retailer, has broken its revenue record, but it's still burning cash. UniSuper might be breaking the law after investing more than $160m in an oil and gas producer. The head of the federal reserve says US interest rates will continue to rise… and investors are SPOOKED. --- Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance --- The content in this podcast reflects the vi...
Aug 30, 2022•6 min
Adore Beauty - the skincare and makeup e-commerce brand - has seen its profit jump this year, but the company reckons it’ll face sliding profits over the horizon. Netflix, Disney and several other movie studios are taking Aussie internet providers to court over video piracy. Peloton, the connected-fitness equipment company, has rolled its way to a $2.8b USD loss for the last 12 months to June 30. --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download...
Aug 29, 2022•6 min
Wesfarmers, the Aussie conglomerate, has released its results for the last financial year, and let’s just say it is makin’ it work, but it ain’t quite partying like its FY21. Afterpay is shutting down its Money app after just 12 months, but supposedly, it’s not because it ain’t performing well. Doordash just got hacked and now they join a list of large companies that have been hacked recently. --- Build the financial wellbeing of your team at work with Flux at Work: https://bit.ly/fluxatwork Dow...
Aug 28, 2022•6 min
Qantas has posted an underlying loss of $1.9 billion bucks before tax for the past financial year, but Qantas reckons things will turn around once they sort out staffing issues. Nine Entertainment has announced a bumper profit of $315 MILLION, buuuut Stan hasn’t nailed its numbers yet despite growing its user base. US President Joe Biden has promised to spend between $US400 billion to $US600 billion to cancel student debts for nearly 40 million Americans. --- Build the financial wellbeing of you...
Aug 25, 2022•6 min
Coles has released its yearly earnings, which continues to rise, but the real talking point was food inflation… it ain't over yet folks. Tabcorp, Australia’s largest gambling company, has claimed a major win by gaining market share in the competitive gaming market (after years of falling behind). Instagram has gone into full clone mode again, but this time, it’s copying a new app called BeReal - which has taken the US by storm! --- Flux on TikTok: https://www.tiktok.com/@flux.finance --- The con...
Aug 24, 2022•6 min
Endeavour Group, the daddy of Dan Murphy’s, has announced a more than 12% revenue growth since 2020 - and it’s partly thanks to an uptick in non-alcoholic drink sales. The Reject Shop has been doing it tough lately, but now, economic woes are looking like a golden opportunity. 3,000 workers at giant car company Ford Motor will lose their jobs as the company cuts costs big time. --- Build the financial wellbeing of your team at work with Flux at Work: https://bit.ly/fluxatwork Download the free a...
Aug 23, 2022•6 min
Medibank is going all in on becoming a hospital owner - and they’ve got the cash to back it up. Shopify will begin lending to the small businesses that are selling on its retailing platform. Embracer, a Swedish gaming company, has bought the Lord of the Rings IP, so get ready to spend more time in Mordor. --- Build the financial wellbeing of your team at work with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google P...
Aug 22, 2022•6 min
AGL has had a seriously rough start to the year but is still technically back in the black in its full-year earnings. Qantas’ deal to take over FIFO specialists Alliance Airlines for over $600m is in trouble thanks to the consumer and competition watchdog’s bark. Norway’s sovereign wealth fund has copped a $250 BILLION loss in just 6 months from January to June this year - and yep, that’s a record. --- Build the financial wellbeing of your team at work with Flux at Work: https://bit.ly/fluxatwor...
Aug 21, 2022•6 min
CSL, the Australian born biotech company, has announced its second-largest annual profit in its history... after having a pretty rough time during COVID. Xero, the cloud-accounting platform, has warned its subscriber growth in the UK ain't so great, and investors whacked its share price down by over 7%. Amazon is launching a new feature internally and this feature seems eerily similar to a product of another company... by the name of TikTok. --- Build the financial wellbeing of your team at work...
Aug 18, 2022•6 min
Apple’s got a new plan to protect your privacy, but Apple also plans to make a hell of a lot more money, so look out for more ads on your iPhone. Super Retail Group, the owner of Rebel, BCF, MacPac and many more brands, is growing their revenue once again - but their profits are somehow shrinking. Shopify is launching a new collaboration platform that will help connect creators and influencers with businesses looking to sell more goodies. --- Build the financial wellbeing of your team at work wi...
Aug 17, 2022•6 min
SEEK has achieved an 81% jump in profits thanks to record job ads in Australia and NZ. DoorDash and Facebook Marketplace have launched a new collab that lets Doordash buyers pick up your Marketplace purchase. WeWork founder (and all round controversial bloke Adam Neumann) has scored $350 million for his new startup. --- TikTok: https://www.tiktok.com/@flux.finance --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We...
Aug 16, 2022•6 min
Twiggy Forrest - the Aussie mining magnate - is launching a new health tech fund, and a bunch of that cash is going straight to MDMA research. Google’s in big trouble with the Aussie consumer watchdog after being dishonest about data sharing. Uber is shutting down Uber Rewards, its OG incentive program and ushering in a new world. of Uber One. --- Daily newsletter: https://bit.ly/fluxnewsletter Build the financial wellbeing of your team at work with Flux at Work: https://bit.ly/fluxatwork --- Th...
Aug 15, 2022•6 min
Resmed, the sleep apnoea company, has seen its profits soar 64% this year thanks to one of its competitors battling a product recall. Crypto queen Paris Hilton is building her Metaverse Malibu mansion, and it is on a platform named Sandbox. Meta, the legal guardian of Facebook and Insta, is testing a new chatbot named BlenderBot Three, and yes it does sound just like how people on the internet talk. --- Build the financial wellbeing of your team at work with Flux at Work: https://bit.ly/fluxatwo...
Aug 14, 2022•6 min
Telstra has decided to give its shareholders a bit more love by lifting its dividend for the first time in SEVEN YEARS (even though profits are down). Disney has sent a big middle finger to Netflix after officially overtaking Netflix for streaming subscribers… and they’ve also got plans to launch a version with ads. Spotify is testing a live music ticketing platform, so best of luck to Ticketmaster and Eventbrite. --- Build the financial wellbeing of your team at work with Flux at Work: https://...
Aug 11, 2022•6 min
CommBank is celebrating big time after announcing a $9.6 billion annual profit, which is its biggest cash profit in over 5 years. Whirlpool, the home appliances behemoth, has agreed to buy the company behind the InSinkErator for $3 billion. Coinbase, the crypto trading platform, has released some pretty grim earnings results - losing over $1 billion in the second quarter of this year. --- Build the financial wellbeing of your team at work with Flux at Work: https://bit.ly/fluxatwork Download the...
Aug 10, 2022•6 min
REA Group, the folks behind realestate.com.au, have paid out their biggest final dividend ever thanks to a juicy revenue increase. NAB’ is officially making bank in its latest quarterly earnings and it ain’t even worried about interest rate rises because most of its customers are ahead on their home loans. SoftBank, the gigantic Japan-headquartered investment fund, just lost an enormous pile of cash... and the CEO says, alright, I think it’s time to slow down. --- Build the financial wellbeing o...
Aug 09, 2022•6 min
10 Play, 9Now, 7Plus and the other broadcast video on demand platforms became Australia’’s fastest growing ad channel in 2021. BHP wants to buy a South Australian mining company but the company says the offer just ain’t good enough. Amazon just bought the company behind the robot vaccum Roomba for a lazy $1.7bn USD and privacy advocates are a liiiiittle spooked. --- Build the financial wellbeing of your team at work with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): ...
Aug 08, 2022•6 min
Beyond Meat has cut its revenue outlook and now it plans to trim the fat on its workforce. PayPal and Pinterest both saw their share prices spike last week after an activist hedge fund entered the chat. APRA, the Aussie prudential regulator, reckons a quarter of the companies it regulates do not have any metrics to measure and monitor climate risks. --- Build the financial wellbeing of your team at work with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly...
Aug 07, 2022•6 min
Godfreys, the kings of the humble vacuum, has managed to achieve a revenue rise, despite shrinking its number of stores. Uber just achieved its first cash-flow-positive quarter ever thanks to some record revenue. Usain Bolt’s micro mobility startup - named Bolt - has abruptly disappeared, leaving a trail of scooters in its wake. --- Build the financial wellbeing of your team at work with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Downloa...
Aug 04, 2022•6 min
Tinder’s latest round of disappointing earnings has caused some pretty hefty changes at the company. Hefty indeed. Appen - the Aussie artificial intelligence company - announced a 69% drop in its earnings for the first half of the year. Shopify has made a $100m strategic investment in Klaviyo, an email automation platform that will see the two giants build one tasty partnership. --- Build the financial wellbeing of your team at work with Flux at Work: https://bit.ly/fluxatwork --- The content in...
Aug 03, 2022•6 min
The Reserve Bank of Australia has struck again - they’re officially 4 timers back to back - raising the cash rate by 0.50% this time. Pinterest’s share price has popped 20% because it announced earnings that weren’t as terrible as expected. Pfizer’s making more sales than ever before, 150 years to be precise, and more than half of the sales are because of thanks to its COVID vaccines. --- Build the financial wellbeing of your team at work with Flux at Work: https://bit.ly/fluxatwork --- The cont...
Aug 02, 2022•6 min
