A construction tech company in Australia called Hammertech has raised $105 million as it looks to expand into the US and Europe. One of the major investors in Stripe, Sequoia Capital, is offering to buy shares from its earliest investors at a $70 billion USD valuation. Budget mobile brands have seen double digit growth in subscribers after the latest price increases from telco giants Telstra and Optus. — Get 50% of Flux Pro for the next 12 months: https://fluxfinance.page.link/EOFY-campagin-50of...
Jul 16, 2024•7 min•Transcript available on Metacast Crown Resorts has sold its 20% stake in the Nobu restaurant chain and this sale values the chain at $1.3 billion. Shein is investing $270 million USD into fund to support sustainable fashion, as it looks to put its best foot forward ahead of a potential IPO in London. BHP has announced plans to let go thousands of employees after facing intense nickel competition in Indonesia. — Get 50% of Flux Pro for the next 12 months: https://fluxfinance.page.link/EOFY-campagin-50off Build the financial well...
Jul 14, 2024•7 min•Transcript available on Metacast Aussie retailer, The Good Guys, has been alleged to have failed to provide store credits to thousands of eligible consumers…and now the ACCC wants to have their way with them! Spotify has launched a number of new features that steer it closer and closer to a full-blown social networking experience. Samsung has announced brand new tech devices at its Galaxy Unlocked conference - and this year’s sexiest products are all around health-tracking. — Get 50% of Flux Pro for the next 12 months: https://...
Jul 11, 2024•7 min•Transcript available on Metacast Telstra will be jacking up the prices of its mobile phone plans by more than the inflation rate as part of its plans to grow faster. Saks Fifth Avenue's parent company has acquired luxury retail Neiman Marcus for $2.65 billion USD… and Amazon and Salesforce are taking a slice too. Paramount Global, one of Hollywood’s oldest studios and Skydance Media have agreed to a merger. — Get 50% of Flux Pro for the next 12 months: https://fluxfinance.page.link/EOFY-campagin-50off Build the financial wellbe...
Jul 09, 2024•7 min•Transcript available on Metacast Amazon, Netflix and Kayo could now outbid free-to-air networks for Australia’s biggest sporting events after a new law was passed late last week. Airtasker has announced a $5 million deal with ARN Media, swapping equity for marketing support. Meta has announced its Threads app has hit 175 million monthly active users after celebrating its 1 year anniversary. — Get 50% of Flux Pro for the next 12 months: https://fluxfinance.page.link/EOFY-campagin-50off Build the financial wellbeing of your team ...
Jul 07, 2024•6 min•Transcript available on Metacast Booktopia has gone into voluntary administration after it struggled to cope with its financial struggles. Domino’s Pizza is expecting its 2024 profit estimates to be seriously hut - thanks to the inflation of one of its most valuable ingredients - cheese. Tesla’s investors shot up its shares by 10% after its sales fell by less than expected last quarter - and it pulled an energy rabbit out of the hat. — Get 50% of Flux Pro for the next 12 months: https://fluxfinance.page.link/EOFY-campagin-50off...
Jul 05, 2024•7 min•Transcript available on Metacast TPG is setting up a new battlefield against Telstra after partnership with Foxtel’s new streaming aggregation platform Hubbl. YouTube has rolled out a new policy that will allow people to request the takedown of AI-generated content that simulates their face or voice. Nike’s share price has dropped close to 20% after it announced that it expects quarterly sales to drop 10%. — Get 50% of Flux Pro for the next 12 months: https://fluxfinance.page.link/EOFY-campagin-50off Build the financial wellbei...
Jul 02, 2024•7 min•Transcript available on Metacast ANZ has been given the green light to take over Suncorp’s banking arm for $4.9 billion after nearly two years of battling and appealing - but now there’s a catch. Nine Entertainment, the owner of Channel 9 and major Australian newspapers will make up to 200 jobs redundant after struggling with weak advertising. Fujifilm is struggling to keep up with demand for its cameras as TikTok has made retro cameras trendy again. — Get 50% of Flux Pro for the next 12 months: https://fluxfinance.page.link/EO...
Jun 30, 2024•7 min•Transcript available on Metacast Qatar Airways is looking to acquire a 20% stake in Virgin Airlines, which acould really shake up the aviation industry. TikTok’s owner has quietly released a new social app called Whee as a competitor to Instagram where you can take photos with filters and messages. The chairwoman of Tesla and the owner of the NBL are the new majority owners of the Australian women’s basketball league. — Get 50% of Flux Pro for the next 12 months: https://fluxfinance.page.link/EOFY-campagin-50off Build the finan...
Jun 27, 2024•7 min•Transcript available on Metacast Cettire, the luxury fashion retailer’s share price plummeted by 50% after it announced a 20% drop in its earnings forecast. Myer has announced new plans to acquire other retail brands like Just Jeans and Jay Jay’s from Premier Investments - and investors like what they hear. Prezee, the Australia gift card company, has reported a $79 million loss over the past 18 months after it loses a major partnership with Amazon. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/...
Jun 25, 2024•7 min•Transcript available on Metacast Penfolds is planning to re-enter the Chinese market with a bang after the monster tariffs have been removed from winemakers. Revolut, the UK-based neobank, is looking to sell $500 million of shares as it prepares for one of the biggest IPOs of the year. Kathmandu’s owner, KMD Brands, has seen half-year sales drop 8.4% and its winter sales are going to be worse-than-expected. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store...
Jun 23, 2024•6 min•Transcript available on Metacast Guzman y Gomez publicly listed yesterday in the ASX’s biggest float in over three years. Netflix is ramping up its physical world presence with two new Netflix Houses that lets shoppers feel like they're inside the world of their favourite shows. City Chic has warned that it’s expecting to see its sales fall by 30% this year and is desperate for some emergency cash from investors. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App...
Jun 20, 2024•7 min•Transcript available on Metacast Telstra has scrapped its commitment to a carbon offset scheme created by the government as well as its plans to become “carbon neutral”. Mars Wrigley, the snack behemoth, is spending millions of dollars to try and restore its chewing gum brands to their former glory. Stake.com, the online casino, is desperate to lure in tech talent from Australia’s biggest companies so it’s throwing huge dollars at them. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Do...
Jun 18, 2024•7 min•Transcript available on Metacast AGL Energy has invested $150 million into a new energy-tech platform to compete with Origin Energy. BeReal, the biggest social media app of 2022, has been sold for €500 million, after struggling to turn its initial hype into sustained growth. Jake Paul, the YouTube influencer and part-time boxer is launching a new personal skincare line for men. — 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 ...
Jun 16, 2024•7 min•Transcript available on Metacast Chemist Warehouse’s IPO listing has hit a roadblock after the ACCC has warned that its merger would “substantially lessen competition”. Apple is introducing buy now, pay later-style loans to Australian customers through a new partnership with ANZ. Qantas has wholly acquired online travel business TripADeal in a $211 million deal with the hopes to ramp up its loyalty points offering. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (A...
Jun 13, 2024•7 min•Transcript available on Metacast Apple has announced a partnership with ChatGPT’s creator to bring generative AI tools to iPhones - as part of their new age of AI… or ‘Apple Intelligence’. Toyota’s reputation just took a $15 billion USD hit after it was found to have falsified car safety tests. The company behind car parts retailers Autobarn and Burson have received a takeover bid of more than $1.8 billion from a private equity giant. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Down...
Jun 11, 2024•7 min•Transcript available on Metacast Virtual Gaming worlds, the Australian social gaming giant, has delivered a massive $360 million dividend to investors in its third payout for the financial year Robinhood, the stock trading app has announced a $200 million USD acquisition of cryptocurrency exchanges, Bitstamp Lululemon saw a big jump in its share price after it raised its profit forecast and announced $1 billion US dollars more in share buybacks — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxa...
Jun 09, 2024•7 min•Transcript available on Metacast SPC is cutting back its canned fruit production as cost-of-living sees consumers opting for cheaper options. The owner of Champion, the sportswear brand, will sell the Champion business for nearly $1.8 billion USD to narrow its focus on “innerwear”. Zoom wants to create a ‘digital twin’ to attend meetings for you so you can go to the beach instead of being at work. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://...
Jun 06, 2024•7 min•Transcript available on Metacast Life360, the kids tracking software, has launched its Nasdaq IPO, which means it will now be dual-listed on the ASX and Nasdaq. Meta is testing a new feature on Instagram which will force users to watch ads on videos that you can’t scroll past - like YouTube. Booktopia is cutting 50 staff members and losing its short-lived CEO as the company struggles to stay afloat. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http:...
Jun 04, 2024•7 min•Transcript available on Metacast Guzman y Gomez, the Mexican fast food chain, has announced plans to list on the ASX in June at a multi-billion dollar valuation. The owner of Country Road Group has warned that it expects its earnings to be more than 20% lower in comparison to last year. Salesforce has seen its shares tumble more than 20% in its worst day of trading since 2004 after weak results. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bi...
Jun 02, 2024•7 min•Transcript available on Metacast Catapult Sport, the ASX-listed sports tech company, has hit $100 million USD in revenue for the first time after doubling down on growing its subscription services. Sony Music is in talks to buy Queen’s music catalogue for over $1 billion USD and this would be the largest music catalogue purchase of all time. BHP has abandoned its $74 billion takeover bid for British mining company, Anglo American after six-weeks of hectic negotiating. — Build the financial wellbeing of your team with Flux at Wo...
May 30, 2024•7 min•Transcript available on Metacast Cettire, the Australian luxury goods marketplace, has seen its share price jump more than 10% after it denied allegations that it has fake products on its platform. PetStock, the pet food retailer backed by Woolworths has been forced to sell over 40 of its stores - and has created a new major competitor in the process. TPG has come out and said that tech giants like Google and Meta should be made to pay for telecom infrastructure — Build the financial wellbeing of your team with Flux at Work: ht...
May 28, 2024•7 min•Transcript available on Metacast NewsCorp has signed a deal with Open AI that will help train its ChatGPT’s engine on the back of major publications. The owner of Ticketmaster has been sued by the US Justice Department for creating a monopoly in the live events industry and “suffocating competition”. Dion Lee, the Australian luxury fashion brand, has gone into voluntary administration…and it now joins growing list of Aussie fashion brands with this non-desirable status. — Build the financial wellbeing of your team with Flux at ...
May 26, 2024•7 min•Transcript available on Metacast Xero, the accounting software platform, has seen its revenue spike more than 22% but AI is not going to revolutionise the business. Webjet, the online travel bookings company, has announced a record net profit after tax - and now it’s thinking about breaking up with itself. Nvidia’s released its first quarter results, with an astronomical jump in profit of over 600%. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http:...
May 23, 2024•7 min•Transcript available on Metacast Telstra will cut over 9% of its workforce, or 2.800 jobs, by the end of 2024 in order to stay competitive in the market. Casino giant, Star Entertainment has revealed that it’s received interest from potential buyers, but Hard Rock Cafe definitely isn’t one of them. Microsoft has released a new line of laptops, using AI chips to run the software.. And taken a few shots at Apple during the announcement. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Down...
May 21, 2024•7 min•Transcript available on Metacast Pizza Hut Australia has been fined $2.5 million for spamming customers with 10 million pizza-licious messages without their consent. Sony Music has sent a warning shot to AI companies, accusing them of stealing its artists’ content without permission. Warren Buffet’s Berkshire Hathaway has finally revealed the mystery business that he’s put $6.7 billion USD into…and it’s share price jumped 8% on the news. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork D...
May 19, 2024•7 min•Transcript available on Metacast The owner of Mainland Cheese and distributor of Bega Cheese is planning to sell the brands in Australia because it wants to get out of the consumer-facing market. Netflix has announced it is going to build its own advertising tech platform to compete against the big players like Google, Meta and Amazon. Nike is cutting jobs at its subsidiary company, Converse as part of its cost-cutting plan. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the f...
May 16, 2024•7 min•Transcript available on Metacast The Albanese government dropped this year's federal budget with a $9 billion surplus, and this year, it’s all about cost–of-living. OpenAI has released the most advanced version yet of its chatbot, ChatGPT, that can see, hear and talk like a real person. Crocs’ has stomped on their quarterly growth expectations after selling 32 million ugly-shoes in just 3 months. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://b...
May 14, 2024•7 min•Transcript available on Metacast REA Group, the owner of Realestate.com.au, has seen a 24% jump in revenue for the first quarter, after a large rise in residential listings in Sydney and Melbourne. Baby Bunting, Australia’s largest baby retail chain, has seen its shares drop more than 22% after concerns around cost-of-living pressures for their customers. Airbnb’s shares dropped 8% last week after it warned investors about its second quarter performance… and its new focus on experiences. — Build the financial wellbeing of your ...
May 12, 2024•7 min•Transcript available on Metacast Origin Energy has made hundreds of millions of dollars…on paper.. After its investment in a UK energy supplier has skyrocketed. TikTok has launched a new lawsuit to challenge the US government’s decision to ban TikTok in the US. Disney’s share price has dropped to its lowest in over a year despite delivering a profit in its core streaming business. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppSto...
May 09, 2024•7 min•Transcript available on Metacast 
