What the Flux

JB Hi Fi’s sales rose 4% last quarter… but it’s warned that its laptops are facing major price hikes. GameStop’s share price has fallen 10% after it made an unsolicited $55 billion USD bid to buy eBay… a company four times its size. Tinder sign ups are growing for the first time since 2024… and it’s Gen Z women who are swiping right. _ Download the free...

The Reserve Bank has hiked rates for the third consecutive meeting to 4.35%...and this is the highest cash rate in over a decade. Chemist Warehouse is taking its discount pharmacy model to the UK after buying into a British chain that’s been losing millions. Duolingo has beat its quarterly targets… but its share price is still slumping 11% on the news. _ Download the free app (App Sto...

ANZ announced a 6% jump in half-year profit to $3.8 billion but its shares barely moved on the results. LIV Golf is months away from bankruptcy after its biggest backer pulled its multi-billion dollar backing of the golf league. Nine Network has done a major overhaul of its tech…and people… to try and to compete against the TikToks, YouTubes and Netflixes of the world. _ Download the...

Woolworths has cut its 2026 profit forecast…despite sales rising 5.9% last quarter. Bega Group is churning out yoghurt in record numbers… and it's predicting profits will skyrocket 40% by 2031. Alphabet has just smashed its first quarter expectations with $107 billion in revenue and Google Search ain’t dead yet. _ Download the free app (App Store):  http://bit.ly/FluxAppSt...

Google and Meta have transferred almost $11 billion of Australian revenue to offshore entities over the past year to reduce their tax locally. Amazon's cart is overflowing with cash… pulling in $4.77 billion from Aussies in 2025… as local spending on the platform hits a record high. Adidas shares are on a runner's high… after Sabastian Sawe ran the first ever sub-two-hour mara...

Microsoft is investing a whopping $25 billion into Australian data centres… as demand for AI just keeps booming. Warner Bros Discovery’s investors have overwhelmingly approved the $110 billion Paramount takeover deal… but some others aren’t too happy about it. SpaceX eyes a $60bn acquisition of AI coding startup Cursor as it ramps up its push into the booming AI developer...

Cochlear, the ASX-listed hearing implant company, has seen its share price plummet 36% - its biggest one day fall in 30 YEARS. Intrepid Travel, the Aussie tour group operator, is buying its way to billion dollar status… by snapping up French rival Altai. Adobe has announced a massive $25 billion share buyback program to give investors confidence in its future…despite the launch of Cl...

NAB’s share price has dropped more than 3% as it prepares for a downturn for its business customers. Mecca’s revenue grew to $1.43 billion by the end of last year… … all thanks to opening a string of brick and mortar stores. Apple’s CEO Tim Cook has announced plans to step down, with his long-time team member John Ternus taking on the top gig. _ Download the free ap...

Zip Co has seen its shares spiked up to 24% after announcing an upgrade to its earnings guidance thanks to the US. Gucci is teaming up with Google to launch smart glasses … as it fights to save its profits and make Gucci gucci again. Amazon is acquiring satellite company Globalstar for $11.6 billion to supercharge its space internet ambitions. _ Download the free app (App Store):  http...

Qantas and Virgin Australia are cutting their lower demand flights because fuel prices continue to bite their bottom line. Uber is driving away from the gig economy… and pulling into the robotaxi lane with a $10 billion investment. Allbirds, the NZ founded shoe company has seen its shares soar over 500% after saying goodbye sneakers and hello to AI. _ Download the free app (App Store):&nbsp...

MCoBeauty, the Australian dupe-beauty giant, is facing US lawsuits over claims it has copied its luxury competitor. IKEA is winding back its famous 365-day refund policy as returns are eating into their flat-pack-margins. Coachella Week 1 is done and dusted… and the Californian region is counting the moula. _ Download the free app (App Store):  http://bit.ly/FluxAppStore Download the f...

SPC, the fruit and veg processor, has been a major beneficiary as Aussies are stocking up on baked beans and canned goods. Uniqlo is heading for another record year, with global expansion driving a surprise surge in profits. Anthropic is holding back its most powerful AI mode… and only giving it to Big Tech… to stop hackers winning the AI arms race. _ Download the free app (App Store...

Canva has acquired two new startups as it tries to reposition itself from design-software to AI-marketing company. AustralianSuper has dumped nearly $1 billion from its ESG fund as it tightens ethical investing rules. Levi Strauss has seen its shares jump 10% after its strongest sales in 4 years…because baggy jeans are back. _ Download the free app (App Store):  http://bit.ly/FluxAppSt...

Aussie data centre operator, NextDC is issuing a 100-year, $1 billion bond to fund its booming data centre expansion. SafetyCulture kicks off its acquisition spree by buying Sydney-based AI start-up Twine as it prepares for the AI era. AI rivals OpenAI, Anthropic, and Alphabet’s Google have begun working together to clamp down on Chinese competitors stealing their models. _ Download the free...

Telstra has just lost one of its key marketing angles as it’s forced to cut its mobile coverage claims by one-third. Canva has released its latest Australian financial results… very delayed.. And it’s local revenue has cracked over $2 billion USD. Shein has rolled out a supply-chain-as-a-service offering and is trying to get Aussie fashion brands to jump on board. _ Download the...

Xero has announced a new partnership with Anthropic to bring AI into accounting… and prove that its business won’t be eaten by AI. Indian Premier League cricket team, the Royal Challengers Bengalaru, has just sold to a private equity giant for nearly $1.8 billion USD sale. David Jones is delaying payments to suppliers… giving itself up to 60 days after a sale to actually hand o...

Qantas could see profits drop by $500 million as it struggles to balance its flights and the huge spike in oil pieces. Apple is putting ads on Apple Maps… and quietly turning your next cafe search into an advertising battle with Google. Pop Mart’s Labubu empire is booming… but a 20% share price drop shows hype doesn’t always equal happily ever after. _ Download the free a...

A new-look Domain has promised to put a cap on price hikes as part of its new plan to take it up to REA. Halter, a New Zealand-based agtech company has been valued at $2 billion as it builds AI-powered smart collars for cows. Cuttable, an Aussie AI ad business has just cracked the $100 million valuation with just 8 software engineers. _ Download the free app (App Store):  http://bit.ly/FluxAp...

Premier Investments, the owner of Smiggle and Peter Alexander, has announced flat profit for the last half… with one of its brands carrying the weight of the world on its shoulders. Lamborghini has ditched its plans for a full Electric Vehicle…apparently after customer backlash because it wouldn’t have an engine roar?! Flight Centre’s share price has taken off after acqui...

The ACCC has launched a public investigation into whether major fuel suppliers have been committing anti-competitive conduct in regional Australia Meta is pulling Horizon Worlds off its VR headsets as it shifts further and further away from its expensive metaverse dream Microsoft is threatening legal action against its partner OpenAI after a $50 billion USD Amazon deal risks turning an exclusive p...

The RBA has lifted interest rates to 4.1%… as war, petrol prices and inflation all collide into a global domino effect. Google is adding a new AI chatbot to Google Maps in its biggest software update to the product in over a decade. Peloton is rolling into gyms with new commercial-grade bikes and treadmills as it tries to pedal past at-home business. _ Download the free app (App Store):&nbs...

Qantas will pay $105 million to settle a class action over delayed COVID flight refunds… as it tries to move on from the major reputational hit. McDonald’s CEO went viral for awkwardly eating a burger… and somehow it boosted sales of the burger he was eating. Bumble’s share price has surged more than 30% after its latest results beat expectations… even though reven...

Atlassian is cutting 10% of its workforce as AI reshapes its business… and it tries to fight back against its plummeting share price. Australia’s biggest super fund wants to borrow billions… which could be the biggest shake up in the super industry in over 30 years. Better Beer, the low-carb brewer backed by The Inspired Unemployed, is raising up to $15 million to double down o...

The Iconic has finally turned a profit after 15 years as it shifts away from growth at any costs…and focuses on the margins. Mattress maker Koala is heading to the ASX in a $305 million IPO… but it’s a far cry from the valuation it once dreamed of. Robinhood, the US trading platform, has launched a fund to give retail investors access to private companies …but the market...

ARN Media, the radio company behind KIIS and Gold FM, has seen its share price jump over 5% after the fallout of The Kyle and Jackie O show. Audible, Amazon's audiobook giant, has launched a cheaper subscription plan for the first time as it faces a major threat from Spotify. Australia's major airports are made over $400 million in profit from carparking alone in 2025. _ Download the free app (App...