Wesfarmers has seen its annual sales jump to more than $44 billion and it’s putting a heap of praise on one particular business. Qantas has reported a 16% drop in its annual profit in its first annual update since new CEO Vanessa Hudson stepped in. Nvidia, the AI chipmaker, exceeded its quarterly guidance on all the key metrics… but its share price dropped more than 7%. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): ht...
Aug 29, 2024•7 min•Transcript available on Metacast Coles has seen its profit jump to over $1.1 billion…copping applause from shareholders and flak from customers and government. Bunnings, Officeworks and Priceline are all looking to build a new revenue stream…and it’s not physical products…OR SNAGS. Guzman y Gomez has smashed profit forecasts in its first earnings update since its IPO. — 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...
Aug 29, 2024•7 min•Transcript available on Metacast Uber Australia has pulled the pin on its carshare business after an 8-figure Australian acquisition in 2022. Beyonce is launching a new whiskey line in collaboration with Moet Hennessy as another celeb jumps on the alcohol bandwagon. SiriusXM Holdings has signed a $100 million USD for Alex Cooper’s Call Her Daddy podcast and her network of shows. — 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...
Aug 25, 2024•7 min•Transcript available on Metacast Medibank Private has seen its share price fall after missing its big fat target for member growth. The owner of the 7-Eleven chain globally has been approached in a $40 billion USD takeover from a Canadian convenience store retailer. Breville, the home appliances company has has brewed up record high sales, and its got its coffee machines to thank for it. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/Flu...
Aug 22, 2024•7 min•Transcript available on Metacast CommBank has warned that keeping cash at its bank branches is costing it more than $350 million a year. X, formerly known as Twitter, has seen its ad revenue drop by more than 24% in the first half of this year, as advertisers stay away from it. General Motors is cutting 1,000 software employees globally to streamline its initiatives and explore AI. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppSt...
Aug 20, 2024•7 min•Transcript available on Metacast NAB has announced a $1.75 billion cash profit for the past three months, but it’s facing a pesky problem from its customers. Origin Energy has announced a record annual profit… but its shares had a bit of a blackout, with a 10% dip after some red flags for the upcoming year. Paramount Global’s shares have jumped 7% as a surprise new entrant prepares a counteroffer for the media giant. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app ...
Aug 18, 2024•7 min•Transcript available on Metacast CommBank has announced a whopping $9.8 billion cash profit for the past 12 months after growing its customer base even further. Telstra has seen its annual net profit take a double-digit drop after its mobile price rises weren’t enough to offset some major expenses. Universal Music Group and Meta are expanding their music-licensing deal, which will make Universal’s songs available on all of Meta’s platforms. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwor...
Aug 15, 2024•7 min•Transcript available on Metacast JB Hi Fi has seen its full-year profits fall over 16% and investors piled on… in a good way.. Sending its shares up more than 10%. Temple & Webster nearly hit $500m in annual sales and its share price skyrocketed 26%. Seek’s shares dropped over 7% after it announced that earnings for the 2024 financial year fell by 13%. — 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 ...
Aug 13, 2024•7 min•Transcript available on Metacast News Corp, the publishing behemoth, has officially put up Foxtel and its streaming services up for sale! The parent company of clothing brands Millers, Katies and Noni B saw its shares drop more than 40% last week as it struggles to stay afloat. Life360’s share price has hit an all-time high as it crosses 70 million users. — 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 (...
Aug 11, 2024•7 min•Transcript available on Metacast Nine Entertainment is expected to wrap up its $220m, two-year share buyback - after a whack in profits and business performance. Airbnb has had its largest share price drop since going public in 2020. Warner Brothers Discovery has written down the value of its TV assets by $9.1 billion USD, leading to a $10 billion USD net loss for the quarter. — 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...
Aug 08, 2024•7 min•Transcript available on Metacast Treasury Wine Estates, the owner of Penfolds, will sell off some of its cheaper wine brands after budget drinkers tighten their purse strings. A US court has found that Google spent billions of dollars to illegally monopolise the online search market. Mars Incorporated is considering a takeover of Kellanova, the makers of Pringles and Coco Pops. — 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 ...
Aug 06, 2024•7 min•Transcript available on Metacast Atlassian saw its share price plummet after it warned that revenue is expected to slow down over the next year. Apple is back on the winners list after it saw growth in its revenue over the past 3 months… but not all is rosy in Apple-land. Intel is cutting 15,000 jobs and suspending its dividend as its stock fell 20% in one day last week. — 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 Downloa...
Aug 04, 2024•7 min•Transcript available on Metacast An Aussie vodka maker, Billson’s Brewery, that makes a popular ready-to-drink vodka, has gone into voluntary administration. Microsoft saw its shares drop 7% in its worst day since October 2022 after its AI revenue juuuuuust missed its forecast. Procter & Gamble suffered its slowest sales growth in six years as consumers start cutting back on brand-name products. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http:...
Aug 01, 2024•7 min•Transcript available on Metacast Canva has announced that it will acquire AI startup Leonardo.Ai in a big deal for Australia’s start-up ecosystem. Rex Airlines shares are in a trading halt as it tries to find a way to stay out of administration. McDonald’s sales have fallen for the first time in 13 quarters after Maccas’ Big Macs are pricing people out of the fast-food market. — Get 50% of Flux Pro for the next 12 months: https://fluxfinance.page.link/EOFY-campagin-50off Build the financial wellbeing of your team with Flux at W...
Jul 30, 2024•7 min•Transcript available on Metacast Aldi Australia has announced that it’s abandoning its plan to offer online shopping because it’s doing fine without it. ChatGPT’s creator, OpenAI, is officially coming after Google Search after launching its new search feature “SearchGPT”. Hermes, the luxury clothing brand, has bucked the trend of other luxury brands by reporting a 13% rise in second quarter sales. — Get 50% of Flux Pro for the next 12 months: https://fluxfinance.page.link/EOFY-campagin-50off Build the financial wellbeing of you...
Jul 28, 2024•7 min•Transcript available on Metacast Deloitte Australia has seen its revenue drop by more than $70 million in the last financial year after its consulting division was hit haaard by a slowdown in spending. Tesla has seen its share price drop 12% after it saw an enormous quarterly drop in profit thanks to more and more electric vehicle competition. Country Road Group is expected to restructure its business and re-shape its team after a tough couple of years in the retail space. — Get 50% of Flux Pro for the next 12 months: https://f...
Jul 25, 2024•7 min•Transcript available on Metacast The merger between Mighty Craft beverages and The Inspired Unemployed’s Better Beer has fizzled out after Mighty Craft fell into administration. Mattel, the toymaker behind Barbie and Hot Wheels, has seen its share price skyrocket 20% after reports that a private equity firm is looking to acquire it. Dolce&Gabbana is flirting with the idea of bringing in outside shareholders for the very first time either through a listing ..or other ways. — Get 50% of Flux Pro for the next 12 months: https:...
Jul 23, 2024•7 min•Transcript available on Metacast Fortescue Metals Group, one of Australia’s largest companies, has cut 700 jobs across its global workforce after its green ambitions haven’t quite met investor expectations. Microsoft has announced a new AI-powered designer app late last week, to help newbies with their basic design skills. The maker of Ray Ban sunnies, EssilorLuxotica, has acquired the Supreme fashion brand for $1.5 billion USD. — Get 50% of Flux Pro for the next 12 months: https://fluxfinance.page.link/EOFY-campagin-50off Buil...
Jul 21, 2024•7 min•Transcript available on Metacast An Australian viral beauty brand Coco & Eve has raised $100 million from a US private equity business, which will now take a majority stake in the business. Google is looking to make its biggest acquisition ever after it announced late-stage talks to acquire a cybersecurity company for $23 billion USD. Nvidia and other AI chipmakers have seen their share prices plummet after Donald Trump’s latest comments on the chip industry in Taiwan. — Get 50% of Flux Pro for the next 12 months: https://f...
Jul 18, 2024•7 min•Transcript available on Metacast 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 
