What the Flux

CommBank has officially ditched old school servers, and have shifted their core banking system into Amazon Web Services data centres. Netflix has announced new games within your TV…like Boggle and Pictionary…because apparently you weren’t watching enough already. DAZN, the sports streaming platform and Foxtel’s new owner, has made a $936 million USD loss in 2024 _ Downloa...

Guzman y Gomez has launched $100 million share buy back as its sales continue to pick up for the big burrito. Costco and Aldi are chipping away at Australia’s major supermarkets with more than $17.5 billion in annual sales. Salesforce, the global cloud-based software giant, has found itself caught in a major cybersecurity storm. _ Download the free app (App Store):  http://bit.ly/FluxAp...

Eagers Automotive, the ASX listed car retailer, has invested $1 billion into a Canadian car dealer as it plans for global and domestic expansion The ASX is finally facing some real competition as Cboe Australia gets the green light to list companies Paramount Skydance has made its first major acquisition since its own merger, acquiring The Free Press for $150 million USD _ Download the free app (A...

Cash will remain alive in Australia after Australia’s biggest banks and retailers struck a deal to keep Armaguard delivering the goods. General Pants has shut more than a dozen stores in the past year as it struggles to compete in the youth fashion market. Peloton is pedalling hard into AI with a major product revamp, hoping to win back customers and shed its “just a bike” label....

Seven West Media and Southern Cross Media have announced plans to merge into a $415 million content machine. Donald Trump has slapped a 100% tariff on foreign-made films, throwing Hollywood.. and Australia’s movie industry… into chaos. Amazon has copped a record-breaking $2.5 billion USD fine and refund bill for making Prime sign-ups too easy and cancellations too hard _ Download the...

The RBA has held the cash rate at 3.60% after monthly inflation bounces back faster than expected. Video-game giant Electronic Arts has agreed to sell out to Saudi Arabia’s sovereign wealth fund and two private equity firms for $55 billion USD. Accenture has slashed 11,000 jobs globally over the past 3 months and puts a warning on its remaining staff: retrain in AI or risk being left behind....

Optus has been slapped with a $100 million fine for 4 years of unethical sales conduct  Premier Investments has booked a juicy profit boost… but if you peel back the layers, the numbers are mainly due to its sale of Apparel Brands Alibaba share price rocketed 8% higher after it promises to invest many-more billions on AI _ Download the free app (App Store):  http://bit.ly/FluxAppS...

Kathmandu’s owner is trying to climb out of the red, but investors are pushing for some serious baggage drop. Inflation jumps back up to 3%… and just like that, dreams of a rate cut next week may have just gone poof. Lego is buying back its own fun houses in a £200m cash deal to gain more control over its customer experience. _ Download the free app (App Store):  http://bit...

Myer’s share price has fallen 25% after its poor earnings results shocked investors. Facebook is trying to cure dating-swipe-fatigue with a new AI dating assistant. Porsche has just issued its fourth profit warning this year as it puts its electric vehicle plans on ice. _ Download the free app (App Store):  http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/Fl...

Atlassian has dropped a lazy $1 billion USD to acquire US startup DX…which makes it Atlassian’s biggest acquisition yet. Nvidia is investing $5 billion USD into its long-time rival Intel that flips a decades-long rivalry into a collaboration. Chocaholics may be finally catching a break as cocoa prices have started to fall after all-time highs in late 2024. _ Download the free app (App...

Santos, the second biggest oil and gas producer in Australia, has seen its shares plummet 11% after a $36 billion takeover deal collapsed before their very eyes. Meta has unveiled its new AI-powered Ray-Bans that can become your second eyes… but it wasn’t without a hitch. Stubhub, the online ticket marketplace, plummeted 6% below its listing price on its debut day on the NYSE. _ Downl...

ANZ has been hit with a record $240 million fine for widespread misconduct across multiple divisions. Apple has launched its biggest iPhone design update in years with its iOS 26 update… but some Apple users are being left behind. Kering, the owner of Gucci and Balenciaga, has asked for more time to acquire luxury fashion brand Valentino as its new CEO shifts its focus to cutting debt. _ Do...

Nine Entertainment saw its shares plunge 36% in a single day late last week… but don’t panic, there’s a reason. The Good Guys has been slapped with $13.5 million fine for misleading customers with dodgy store credit promos. Adobe shares have climbed after the software design giant has its customers spending big on AI-design. _ Download the free app (App Store):  http://bit....

PsiQuantum, the Aussie quantum computing start-up, has raised $1 billion USD and boosted its valuation in the process. Oracle shares had their best day since 1992 earlier this week, after 36% surge thanks to the growth in AI. Klarna, the Swedish buy now pay later, has seen its shares rise 15% in their first day of trading on the New York Stock Exchange. _ Download the free app (App Store):  h...

ANZ is cutting 4,500 jobs and scaling back consultants in a $560 million restructure under its new CEO. Coles and Woolworths are facing a billion-dollar bill after a court ruled on its staff underpayments. Cashrewards, the Australian cashback platform, has announced plans to shut down after 11 years. _ Download the free app (App Store):  http://bit.ly/FluxAppStore Download the free app (Googl...

Atlassian has announced plans to take on Google and Apple with a near-$1 billion acquisition of an AI-powered browse. Macquarie has smashed the Big Four banks in July this year, snapping up nearly 40% of all Australian home loans written. American Eagle’s controversial ad campaign with Sydney Sweeney has attracted criticism…but also seen a 25% share price increase. _ Download the free...

Rugby Australia has wiped its debt after the success of its British and Irish Lions Tour this year…and now it’s ready to run the ball upfield with a big investment. Giant Aussie retailer Mecca has been flagged for investigation by ASIC over non-compliant reporting. Electric vehicle maker BYD has seen its shares fall 5% after its profits had a little tumble for the first time in three...

The Reject Shop is planning to re-brand its stores into Dollarama stores as it pushes towards becoming a super-low priced retailer. Rokt, the Aussie tech company, has been revalued by its major investors to over $7 billion as it ramps up towards a 2025 IPO. Aldi’s vegetable suppliers are facing court action over alleged price fixing. _ Download the free app (App Store):  http://bit.ly/F...

Domino’s has just served up its first annual loss in 20 years after major discounting… but now they’ve warned… the discounting ends here! ChatGPT’s OpenAI is opening its first Australian office – and the winner is… Sydney. Aussie retailer Lovisa has seen a 14% jump in annual revenue as it prepares to steal market share from its major competitor.. Who is...

Woolworths has copped investor backlash as its profit falls 17%…and Coles keeps catching up. Qantas has flown to a near-record profit thanks to the growing profitability of Jetstar and its loyalty program. Lego has hit record sales and profit growth in first half of 2025 as parents vote social media addiction to be top 3 fears for their children. _ Download the free app (App Store):  h...

Coles has seen its shares jump 8% after a big push in its home-brand products. The country's largest supplier of plumbing and bathroom supplies - Reece’s -  has seen shares flushed 21% after its profits plunge. The Labor government has brought forward an expansion of its 5% home deposit scheme by three months. _ Download the free app (App Store):  http://bit.ly/FluxAppStore Downloa...

Guzman y Gomez’s shares have tumbled 18% after its sales growth falls short of its big expectations. Fonterra sells off its Mainland cheese and butter brands to the French dairy giant Lactalis in a $3.8 billion NZD deal. Inghams shares have taken a roasting as its profits slumped due to a breakdown in its relationship with Woolworths. _ Learn more about iShares by BlackRock here Download the...

Universal Store has seen its sales jump nearly 16% thanks to its private brand strategy. James Hardie has seen its share price plummet 27% after it missed earnings across pretty much every single metric. Breville’s bet on coffee has brewed nicely in China and the Middle East as its revenue perks up nearly 11% over the past year. _ Learn more about iShares by BlackRock here Download the free...

Qantas has copped a record $90 million fine for its illegal sackings of staff…and more than half of the money is going straight to the union. CSL, the Aussie biotech, is cutting almost 3000 staff globally, as part of the biggest shake-up of the last decade. Soho House, the members club, is going private again after battling in the public markets for the past 4 years. _ Learn more about iSha...

Temple & Webster is riding the home improvement boom after it experienced a 6x profit jump… and investors reclined into the good news Ampol, the petrol retailer, has acquired EG Petrol for $1.1 billion to pump up its petrol station empire Gildan Activewear has snapped up Hanesbrands, the owner of Bonds and Sheridan, for $2.2 billion USD _ Learn more about iShares by BlackRock here Downl...