Cochlear, the ASX-listed bionic ear company, reckons its profit to grow by double digits in this financial year. A major bid to buy Manchester United football club has failed because its majority owners just weren’t happy with the price tag. Pfizer has announced that it will cut over $9 billion USD from its annual sales forecast after declining demand for Covid vaccines…and investors are kind of here for it. — We want your feedback - win 3 x $100 Uber Eats vouchers for your thoughts: https://flu...
Oct 17, 2023•6 min
Treasury Wine Estates has seen its luxury wine sales boom and it is hoping that Chinese wine tariffs may also be lifted soon. Microsoft has finally completed its $69 billion USD acquisition of gaming company Activision Blizzard after nearly two years of fighting with regulators. Tiktok has landed Disney as its latest publishing partner for TikTok’s new-ish premium ad product. — We want your feedback - win 3 x $100 Uber Eats vouchers for your thoughts: https://fluxsurvey.typeform.com/to/qxN2pL4c ...
Oct 16, 2023•6 min
Atlassian has shelled out $1.5 billion to buy US video messaging service Loom to expand Atlassian’s collaboration tools empire. Google has added conversational mode to its Search tool to compete with ChatGPT. RedBubble, the ASX-listed online marketplace, saw its shares jump over 30% last week as it prioritised becoming cash flow positive again. — 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 D...
Oct 15, 2023•6 min
Telstra has bought cloud-computing company Versent for $267 million to boost their digital services. Birkenstock Holdings listed on the New York Stock Exchange yesterday and has seen its shares drop more than 11% in one of the worst listings in 2 years. ExxonMobil, the major oil and gas company, has acquired Pioneer Natural Resources in a $59 billion USD acquisition in the largest takeover this year so far. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork...
Oct 12, 2023•6 min
Qantas’ Chairman of 5 years, Richard Goyder, will step down at the end of 2024 after the several recent controversies at Qantas. PepsiCo’s quarterly earnings and revenue beat investor expectations because people just keep coming back… despite the price rises. Apple Pay and Google Wallet could soon be facing additional regulation by the RBA. — 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 Downl...
Oct 11, 2023•6 min
Virgin Australia has recorded its first annual profit in more than 10 years after its revenue more than doubled in the last 12 months. Samsung's third-quarter profit is expected to plummet by almost 80% because of a global chip glut. Fortescue Metals has signed a new 25 year deal to expand into new renewable energy projects. — 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 app...
Oct 10, 2023•6 min
Seven Network claims title of Australia’s most watched network for third straight year. Uber is launching a new service to return unwanted packages as over-ordering becomes a norm. The NBA is in preliminary stages of its new media deal and it could include a whole host of streaming services. — 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 app (Google Play): http://bit.ly/Flux...
Oct 09, 2023•6 min
Virtual Gaming World, the locally owned online casino, has recorded nearly $5 billion in revenue to become one of the largest privately-owned Australian companies by revenue. X, formerly Twitter, has started cutting headlines from any external links to get users to post long form content in the app. Ozempic, the weight-loss/diabetes drug, has seen such a massive rise that it’s starting to have some major ripple effects on other industries, from snack foods to airlines. — Build the financial well...
Oct 08, 2023•6 min
Canva has announced an annualised revenue of $1.7 billion USD as well as a chunky $200 million creator fund. Sam Bankman-Fried’s trial began this week - after being accused of stealing billions in customer funds from his crypto company FTX. CBA has seen a decline in its home loan market share for the second month in a row… and CBA maaaaaay be starting to panic. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit....
Oct 05, 2023•6 min
Spotify has released more than 1.5 million audiobooks into its premium subscription in Australia and the UK to convince more people to love audiobooks. Gina Rinehart's Hancock Prospecting has picked up a large chunk of shares in super popular aussie stock Liontown Resources and this might block a $6.6 Billion Bid. Starbucks is developing a new variety of coffee beans because it's concerned that climate change threatens supply. — Build the financial wellbeing of your team with Flux at Work: https...
Oct 04, 2023•6 min
It’s RIP for Kelloggs in Australia as they re-brand Coco Pops and Crunchy Nut under their new brand… Kellanova. Warner Bros Discovery plans to launch its Max streaming platform in Australia in 2025… which is really going to hurt Foxtel and Binge.. who licence their content. TikTok is testing out a new ad-free subscription tier to open up new sources of revenue. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit....
Oct 03, 2023•6 min
Regional Express will soon launch its own frequent flyer program to take on Qantas and Virgin for the loyalty of the Australian public. Nike’s investors have given the big Nike-tick-of-approval after it announced its inventory glut is easing. Meta has introduced new AI features… with a bit of a spin in an attempt to find their footing in the AI industry — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxA...
Oct 02, 2023•6 min
PwC Australia has released the internal report that was commissioned after its tax scandal.. And it’s got some pretty hairy findings. Meta has announced a heap of new products at its Annual Developer Conference, including AR headsets and Smart Glasses. Snap is shutting down its Augmented Reality division just months after the launch…because it’s just not that special. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http...
Oct 01, 2023•6 min
Star Entertainment, the owner of Star Casino, is looking to raise $750 million from investors to keep it alive. The US Government and 17 States are suing Amazon over concerns that they’ve abused their market dominance and harmed competition. Taylor Swift’s not-quite-confirmed relationship with an NFL star has seen a nearly 400% boost to the team’s merch. Just a quick heads up: We'll be taking a break for the AFL Grand Final public holiday tomorrow - but we'll see you on Monday! — Build the finan...
Sep 27, 2023•6 min
News Corp Australia claims it is the first major news publisher in Australia to launch an online shopping platform. Tinder has rolled out a new, high-end membership to help desperate singles find love. The Writers Guild of America has reached a tentative deal with the Hollywood studios after a 146 day strike. — 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 app (Google Play): ...
Sep 26, 2023•6 min
Mr Yum and me&u, the two arch rivals, have just finalised a deal to combine their QR code ordering businesses. Share trading company Stake and crypto casino Stake.com are going head to head in a battle over naming rights. H&M is starting to charge shoppers for online returns as a way to disincentive shoppers from sending backs heaps of items. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppS...
Sep 25, 2023•6 min
AustralianSuper, the largest shareholder of Origin Energy, reckons the current takeover bid of $18.7 billion isn’t enough. Klaviyo, the email marketing software, is the latest tech company to list on the Nasdaq… and pop haaaard on debut. The ACCC has blocked Transurban from acquiring a toll road in Australia for the first time everrrr. — 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 t...
Sep 24, 2023•6 min
Victoria will hit short stay rental companies like Airbnb with a 7.5% levy from 2025 and other states are watching veeeeery closely. Disney is planning to almost double its park investments to $60 billion USD over the next 10 years. Google has just released a new version of its AI chatbot Bard that will integrate into your life with the full suite of Google tools. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://b...
Sep 21, 2023•6 min
KMD Brands, owner of Kathmandu and Rip Curl, has posted more than a billion dollars in sales for the first time over the last 12 months. Instacart, the popular grocery delivery app in North America, IPO’d this week at a valuation of around US$10b, but it actually wasn’t a great outcome for investors. YouTube won't let Russell Brand sell ads on the platform after recent sexual assault allegations against him. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwor...
Sep 20, 2023•6 min
Yellow Brick Road, the ASX-listed mortgage broker is planning to delist from the ASX because of concerns that investors just don’t “get” the business. TikTok is diving headfirst into e-commerce with the launch of TikTok Shop to all US users by early October.. And then the world. The music industry has set a brand new milestone with music revenue hitting an all time high. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): h...
Sep 19, 2023•6 min
Elle, the Fashion magazine, is returning to print thanks to a comeback of hard copy publishing. Australia’s largest fruit and veg processor has had its buyout price sliced by more than $100m. MGM Resorts, the owner of casinos in Las Vegas, has suffered a outage after a major cyberattack on its hotels and casinos. — Sign up to the Flux Pro Insurance Challenge: https://fluxsurvey.typeform.com/to/b3wVGdPp Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Downlo...
Sep 18, 2023•6 min
Amazon has told major Australian broadcasters that it will take a 30% cut of revenue from ads consumed through its Fire TV devices. SEN, the sports radio network, has recorded a $9.2 million loss for the financial year.. And is re-negotiating its loans to stay afloat. UK based chip designer Arm has successfully IPO-ed on Nasdaq…and this marks the biggest IPO in the world for nearly two years. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the f...
Sep 17, 2023•6 min
Myer has achieved its best sales result since 2005 but has warned that it may not be able to keep it up with spending starting to slow. The merger between UFC and WWE have officially started trading on the New York Stock Exchange under a brand new company name. Gatorade has announced that they’ll be releasing a brand new product and its called…. water! — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAp...
Sep 14, 2023•6 min
Guzman y Gomez has seen its sales just 32% over the past 12 months as it gears up for a listing on the ASX. Apple has just launched their new iPhone 15 and iPhone 15 Pro models with heftier price tags than ever before. One of the biggest anti-competitive trials is underway in the US and its got Google going head to head against the US Department of Justice. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/F...
Sep 13, 2023•6 min
CSL, Australia’s biggest company company, is planning to crack the $33 billion asthma market by developing a new, personalised drug to stop inflammation. Tesla is developing a new supercomputer called Dojo that is expected to add $500 billion to its market value, according to Morgan Stanley. Warner Bros. Discovery has cut its annual profit forecast by $500 million as the Hollywood strikes show no signs of slowing down. — Build the financial wellbeing of your team with Flux at Work: https://bit.l...
Sep 12, 2023•6 min
Australian news publishers have seen their traffic from Facebook plummet by 50 per cent this year in the latest battle between Meta and the media. Members of HESTA, one of Australia’s largest super funds, are calling it out over greenwashing concerns. Youtube is now testing playable games in Google’s latest foray in the gaming sector. — 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 th...
Sep 11, 2023•6 min
AustralianSuper, Australia's largest superannuation fund, is in hot water for costing its members $69 million in extra fees. Apple’s value dropped by over $190 billion USD late last week after China announced plans to ban iPhones in government organisations. Nine Entertainment is primed to secure the Melbourne Cup broadcast deal after Seven West Media pulled out of the running. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App St...
Sep 10, 2023•6 min
Bunnings is looking to to play a bigger role in Australia's residential construction market by investing $75 million into prefabricated walls and roof trusses. Clubhouse is attempting to make a comeback with the introduction of a new feature called "chats". Commonwealth Bank has acquired invoice financing company Waddle to boost its digital lending arm. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxA...
Sep 07, 2023•6 min
Step One, the "no-chafing" underwear company, has seen its share price rise 50% after a major shift in business strategy. Meta may allow Instagram and Facebook users in Europe to pay a subscription to avoid ads. Novo Nordick has just taken its place as Europe’s Most Valuable Company, with sales soaring for their weight-loss drugs. — 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 fr...
Sep 06, 2023•6 min
Qantas’ CEO Alan Joyce will step down two months early after a controversial month. Johnson & Johnson has released itself from the ownership Band-Aid and Benadryl so it can better focus on pharma and medTech. $64.1 million has been stolen by thieves from crypto casino, Stake.com — 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 app (Google Play): http://bit.ly/FluxappGoogle...
Sep 05, 2023•6 min
