Chemist Warehouse officially launched on the ASX yesterday as its mega-merger with Sigma Healthcare went live. The federal government says it will acquire Rex airlines if there isn’t a buyer for the airline by the end of June. Reddit’s stock has taken a hit after its user growth missed expectations as it struggles to compete with Meta and Google. _ Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay ...
Feb 13, 2025•7 min•Transcript available on Metacast JB-Hi Fi has announced better-than-expected sales growth for the past six months but its share price still fell 5%. Donald Trump has warned of a fresh set of tariffs - and this time, it could affect the Australian economy in a BIG way. A group of investors, led by Elon Musk, has made a $97.4 billion USD offer to buy the non-profit organisation that controls ChatGPT. _ Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePla...
Feb 11, 2025•7 min•Transcript available on Metacast The Victorian government is going on a sport-spending-spree after landing a mutli-year deal to host NFL games in Melbourne as well as the NBA. MCoBeauty, the Australian cosmetics and skincare company, has been sold in a deal that is understood to value the company at $1 billion. Tinder is hoping to turnaround its declining user base by pushing AI into its product to help discover new matches. _ Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): htt...
Feb 09, 2025•7 min•Transcript available on Metacast REA Group has seen its profits jump over 26% in the last 6 months and straight after this announcement, CEO has dropped the mic with some other big news. Estee Lauder, the global cosmetics behemoth, will lay off nearly 11% of its workforce after its earnings did a full-180 in its second quarter. Apple has just crashed Facebook’s party after releasing a new app called Invites that helps users create and send calendar events. _ Download the free app (App Store): http://bit.ly/FluxAppStore Do...
Feb 06, 2025•7 min•Transcript available on Metacast Coles is planning to aggressively reduce the number of products on its shelves to drive higher profits. Armaguard, the cash handling company, is in danger of collapsing once again - meaning coins and notes in Australia are under threat. Donald Trump has sent the share market into a spin after announcing the rollout of tariffs on goods from the US’ top three trading partners. _ Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/F...
Feb 04, 2025•7 min•Transcript available on Metacast Lovisa, the jewellery chain, is facing a class action from its current and former employees after allegedly forcing staff to work for free outside rostered hours. Bunnings has begun rolling out 300 large in-store LED screens throughout its hardware stores to build a retail media behemoth. Microsoft has seen its profit jump by more than 10% from a year earlier - but not all is as good as meets the A-eye. _ Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google...
Feb 02, 2025•7 min•Transcript available on Metacast Zip Co, the buy now pay later company, has seen its shares plummet more than 25% after its second quarter earnings fell short of investor expectations. Tesla’s revenue and profit fell short of expectations after major discounting of its cars… but they’re planning to get even cheaper. Meta will pay Donald Trump a $25 million settlement for shutting his accounts after the Jan. 6 riots. _ Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google ...
Jan 30, 2025•6 min•Transcript available on Metacast The AFL is renegotiating its major contract with bookmakers as it tries to take a bigger slice of the betting pie. DeepSeek, a new Chinese AI model, has been released with rave reviews… And as a result, Nvidia’s stock price dropped by more than 17%. ARN Media, the owner of KIIS and Gold radio stations may want to buy Nine Entertainment’s talkback radio stations… but there’s a major obstacle ahead. _ Download the free app (App Store): http://bit.ly/FluxAppStore Dow...
Jan 28, 2025•7 min•Transcript available on Metacast Rivers, the iconic clothing and footwear brand, will close all of its retail stores across Australia by mid-April after it failed to find a buyer. CNN is laying off 6% of its workforce after it has continued to struggle with low-ratings against more digitally focused news outlets. OpenAI, the creator of ChatGPT, has launched a brand new product called Operator that can perform tasks for you autonomously. _ Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Googl...
Jan 26, 2025•7 min•Transcript available on Metacast Qantas has made major changes to its Frequent Flyer program… meaning you’ll need to use more points to book most international flights. Netflix has cracked 300 million global subscribers for the very first time after the major release of Squid Game 2. Donald Trump has announced “at least” $500 billion USD into a project called “Stargate” that will fund AI infrastructure in the US. _ Download the free app (App Store): http://bit.ly/FluxAppStore Download the fr...
Jan 23, 2025•7 min•Transcript available on Metacast Wesfarmers has announced it will be closing its e-commerce marketplace Catch after struggling with competition from Temu and Amazon Donald Trump and his wife Melania both launched crypto coins just before his inauguration - which now forms the majority of their wealth Sportsbet, the online gambling behemoth, is facing a class action after betters have lost millions of dollars on in-game bets _ Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http...
Jan 21, 2025•7 min•Transcript available on Metacast Myer’s share price dropped by more than 18% last week after it warned of a major decline in its earnings for the first 5 months of FY25. Rokt, the Australian e-commerce / the company, has seen its valuation jump to $5.6 billion after its latest capital raise - with its staff making millions! Wendy’s, the US burger behemoth, is flipping its way back Australia with plans to open hundreds of new stores over the next decade. _ Download the free app (App Store): http://bit.ly/FluxAppStore...
Jan 19, 2025•7 min•Transcript available on Metacast Qantas has agreed to pay $120 million in compensation to 1,800 former ground handlers who were illegally sacked Australia’s big four banks have reduced their lending to fossil fuel companies by over 20% in two years after pressure from climate activists Honda and Nissan have confirmed they are in talks for a mega-merger which could radically change the car market _ Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGoogle...
Dec 19, 2024•7 min•Transcript available on Metacast ASIC is suing HSBC, the global banking giant, after it alleged that HSBC Australia failed to protect its customers from long-running scams Premier Investments, the owner of Peter Alexander and Smiggle, recently launched its retailers in the UK - but is struggling to hit the mark so far TikTok has gone to the US Supreme Court to appeal its potential ban in the US, which is planned to take place on January 19th 2025 _ Download the free app (App Store): http://bit.ly/FluxAppStore Download the free ...
Dec 17, 2024•7 min•Transcript available on Metacast AMP has become the first major superannuation fund to invest in cryptocurrency after investing $27 million into Bitcoin on behalf of its members Adobe has seen its share price plummet after concerns that its AI tools aren’t being monetised as fast as expected Foxtel is looking more and more likely to be sold soon as Execs from a British sports platform meet with the Foxtel team _ Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.l...
Dec 15, 2024•7 min•Transcript available on Metacast Meta and Google will be punished by the Australian Government if they choose not to agree to new content deals with media publishers. Coffee prices have been driven to a record high after a dry spell in Brazil.. And it’s likely to spike up the price of your morning cuppa. The parent company of women’s clothing brand Katies will shut down all of its stores, alongside 80 more from its other brands Millers, Rivers and Noni B. _ This episode of What The Flux is brought to you by Knose Pe...
Dec 12, 2024•10 min•Transcript available on Metacast Woolworths has finally come to an agreement with its warehouse staff after a 17 day strike which left stores empty and cost them millions in sales. China has opened an antitrust investigation into US chipmaker Nvidia, the world’s largest provider of AI processors. The Reserve Bank of Australia has kept cash rates on hold for the 9th time in a row in their final meeting for 2024. _ This episode of What The Flux is brought to you by Knose Pet Insurance Get 35% of your first 6 months o...
Dec 10, 2024•7 min•Transcript available on Metacast ARN Media, the company behind radio stations KIIS FM and Gold, is cutting $20 million in costs as it tries to free up cash in a very tight radio market The Iconic is suing fast-fashion retailer Shein for infringing on a trademarked name of its in-house label Bitcoin has passed through the $100,000 USD barrier for the very first time and crypto fans are cheering its price to the moon _ This episode of What The Flux is brought to you by Knose Pet Insurance Get 35% of your first 6 months of p...
Dec 08, 2024•7 min•Transcript available on Metacast CommBank has backed down from its plan to charge customers $3 to withdraw their own money after enormous backlash. Salesforce has seen its value jump by more than $30 billion USD after it rolled out a brand new feature… “AI”. SpaceX, Elon Musk’s space startup, is reportedly gearing up for a $350 billion USD valuation which would make it the world’s most valuable startup. _ Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGoog...
Dec 05, 2024•7 min•Transcript available on Metacast Telstra will acquire Boost Mobile for just under $140 million as it looks to get its hands on 1 million new customers. Nissan, the global car manufacturer, is on the brink of collapse with just 12 months to survive, unless it gets new sources of funding. The largest operator of KFC stores in Australia has seen its net profit plummet over the past 6 months. _ Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily ne...
Dec 03, 2024•7 min•Transcript available on Metacast The Australian government has approved new legislation that will force multinational companies, like Netflix, Apple and Micrsoft, to pay a minimum of 15% tax - finally. Virgin Australia is one step closer to finalising its partnership with Qatar Airways after the ACCC gave it the all-clear to start selling flights. Uber is under investigation in the US for making its subscription service, Uber One, too hard to cancel. _ Download the free app (App Store): http://bit.ly/FluxAppStore Download the f...
Dec 01, 2024•7 min•Transcript available on Metacast Airtasker has raised more than $26 million to grow its brand in the US and UK… but it hasn’t raised cash. Webjet is in the firing line after the ACCC alleges it has advertised flights… and the requested additional payments after the booking has been confirmed. Donald Trump has threatened a huge trade war with Mexico, Canada and China after threatening them with whopping tariffs. _ Head to helia.com.au/LMI to learn more. Helia Insurance Disclaimer: Information is of general information, and does ...
Nov 28, 2024•7 min•Transcript available on Metacast Australian car dealers have been forced to sell luxury electric vehicles for a loss after Aussie consumers look for other options. Amazon has doubled its investment in an AU company - investing another $4 billion in Anthropic – as it looks to join forces in the AI race. Berkshire Hathaway has provided a pretty ominous update in its earnings - after it hoarded more than $325 billion USD in cash - not in investments. _ Head to helia.com.au/LMI to learn more. Helia Insurance Disclaimer: Information...
Nov 26, 2024•7 min•Transcript available on Metacast Lovisa, the fast fashion jewellery chain, has seen its revenue growth slow down to less than half of investor expectations HarperCollins has become the first major book publisher to allow an AI model to train off its books Amcor, the Aussie packaging giant, has announced a mega-acquisition of Berry Group, which will create the largest consumer packaging business in the world _ Head to helia.com.au/LMI to learn more. Helia Insurance Disclaimer: Information is of general information, and does not ...
Nov 24, 2024•7 min•Transcript available on Metacast Me&U, the QR code ordering start up, will lay off around 10% of its workforce – a year after merging with its arch-rival Mr Yum. Nvidia’s share price dropped after releasing its quarterly results - but its CEO reckons that the AI gold rush is still going full steam ahead! Jaguar, the British carmaker, has rolled out a brand new logo as part of its plans to transform into an electric-only brand. _ Head to helia.com.au/LMI to learn more. Helia Insurance Disclaimer: Information is of general in...
Nov 21, 2024•7 min•Transcript available on Metacast CSL, one of Australia's largest companies, has suffered a 4% drop in its share price after a new leader of the U.S. Health Department was announced. BlueSky, the social media platform competing with X, has seen more than 2 million new users, after the US presidential election. Google may be forced to sell off Google Chrome after the US Justice Department pushes for Google to be splt up. _ Head to helia.com.au/LMI to learn more. Helia Insurance Disclaimer: Information is of general information, a...
Nov 19, 2024•7 min•Transcript available on Metacast Life360, ASX-listed tracking tech, plans to continue its subscription momentum by expanding its offering to include pets and elderly relatives Cettire, the luxury goods marketplace, saw its shares drop more than 8% after struggling with a drop in demand for luxury goods CommBank’s CEO says Apple is free-riding on investments made by Australian banks and needs more regulation _ Head to helia.com.au/LMI to learn more. Helia Insurance Disclaimer: Information is of general information, and does not ...
Nov 17, 2024•7 min•Transcript available on Metacast Xero, the ASX-listed accounting software, has seen its share price jump to a record-high, despite slowing subscriptions. Amazon has launched a new ultra-low cost platform called “Amazon Haul” to compete head-on against Shein and Temu. Shopify has seen its share price spike more than 26% after its income more-than-doubled in the most recent quarter. _ Head to helia.com.au/LMI to learn more. Helia Insurance Disclaimer: Information is of general information, and does not constitute legal, tax, cred...
Nov 14, 2024•7 min•Transcript available on Metacast Rex Airlines is back in business after after receiving $80 million in funding from the federal government. Aristocrat Leisure, the Australian pokies machine maker, has sold its mobile gaming business Plarium Global for up to $820 million USD as it pivots back to poker machines. Aussie coffee-maker Vittoria has won a major court case against Moccona over the use of a glass jar. _ Head to helia.com.au/LMI to learn more. Helia Insurance Disclaimer: Information is of general information, and does no...
Nov 12, 2024•7 min•Transcript available on Metacast Australians under the age of 16 will banned from using TikTok, Facebook and Instagram under new government legislation Saudi Aramco, the world’s largest oil producer, has seen its third quarter profits plummet 15% after lower oil prices ate into its margins Coopers Brewery, the Australian owned brewery, has seen its profit jump following a pretty unique alcoholic offering _ Head to helia.com.au/LMI to learn more. Helia Insurance Disclaimer: Information is of general information, and does not con...
Nov 10, 2024•7 min•Transcript available on Metacast