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 Envato, the Australian tech company, has been sold for over $370 million, in one of the largest tech exits in Australian history. Novo Nordisk, the pharmaceutical company behind diabetes slash weight loss drug Ozempic, drops price amidst competition. Media giant Paramount Global is in talks with Sony over a potential buyout that could be worth $39 billion…after a failed negotiation with another potential buyer. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxat...
May 07, 2024•7 min•Transcript available on Metacast NAB has reported a nearly 13% drop in earnings, but saves the day with a $1.5 billion share buyback. Block, the owner of Afterpay and Square, is under investigation by US Federal Prosecutors for potentially processing crypto transactions for terrorist groups. eBay has seen its second quarter revenue fall below expectations because people aren’t buying collector’s items on there anymore. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free ap...
May 05, 2024•7 min•Transcript available on Metacast Bonza, the regional budget airline, has gone into voluntary administration, after its aircrafts were repossessed. Amazon has smashed its revenue goals by 16% after it saw rapid growth in cloud and its ad market. The Australian arm of fast-fashion brand Shein has generated nearly $1 billion in sales and tripled its profits in 2023. — 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...
May 02, 2024•7 min•Transcript available on Metacast TPG and Optus have signed a $1.6 billion deal to share mobile networks and expand their reach across regional Australia. Alphabet, the owner of Google, has announced its first ever dividend to investors after completely beating its forecasts. Crown Resorts will cut nearly 1,000 jobs after a major drop in tourist demand and gaming restrictions. — 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...
Apr 30, 2024•7 min•Transcript available on Metacast BHP has made a nearly $60 billion bid to acquire a British mining company - to double down on copper and its copper mines. Shares in Meta fell more than 15% after it warned of increased costs related to its big fat AI investment. Google has chosen to not reveal the gross amount it makes from Australia for the first time in seven years. — 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...
Apr 28, 2024•7 min•Transcript available on Metacast The Reserve Bank of Australia (RBA) has announced inflation of 3.6% which is higher than expected.. And it means a rate cut in 2024 is looking less and less likely David Beckham is suing Mark Wahlberg for more than $10 million USD after he was allegedly underpaid for an endorsement deal with fitness franchise F45 The US Congress has passed a bill that will could force TikTok to be sold in the US within a year or otherwise be banned altogether — Build the financial wellbeing of your team with Flu...
Apr 25, 2024•7 min•Transcript available on Metacast ABC Radio has seen its audience share plummet to the lowest point ever as it struggles to sustain its hero products. Amazon has been selling goods on its competitors e-commerce platforms for years under the alias “Big River Services” to gather intel on its biggest rivals. Free to air TV networks, like Seven and Nine, are worried for their futures as teenagers spend 83% less time in front of TVs and more on their phone. — Build the financial wellbeing of your team with Flux at Work: https://bit.l...
Apr 23, 2024•7 min•Transcript available on Metacast RM Williams has invested $8 million to expand its focus on a growing women’s category. LinkedIn is testing a new premium subscription for Company Pages to help raise company profiles on the platform. Netflix’s revenue has jumped 15% in the first quarter this year but warned the days of sharing subscriber numbers is all over red rover — 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...
Apr 21, 2024•7 min•Transcript available on Metacast Bonza, Australia’s fourth largest airline, has hit major turbulence after some major instability from its private equity owner LVMH saw its sales growth slow down to just 2% as its consumers pull back from Louis Vuitton bags and Hennessy cognac. Crocs and Pringles are collaborating on new clogs with an accessory you didn’t know you needed…an ankle holster for your potato chips. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App St...
Apr 18, 2024•6 min•Transcript available on Metacast News Corp Australia is making its biggest company restructure in decades after Meta decided not to renew its News Bargaining deal with Australian publishers. Apple has lost its spot as the top phone maker in the world - in the most recent quarter. Tesla is axing more than 14,000 jobs as demand for electric vehicles slows down. — 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...
Apr 16, 2024•7 min•Transcript available on Metacast Two of Australia’s up and coming betting companies, BlueBet and Betr, will merge to compete with the big players in the betting space. Luxury fashion retailer Cettire has struggled to woo investors despite an 88% increase in quarterly sales compared to the previous year. NextDC, Australia’s largest listed developer and operator of data centres, is raising more than $1.3 billion to expand its operations in Australia. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/f...
Apr 14, 2024•6 min•Transcript available on Metacast 
