What the Flux

Telstra has seen its annual net profit jump 31% off the back of growth in its mobile services… and now it’s on a buyback rampage. Westpac’s profit jumped 14% in the last quarter but mortgage brokers keep eating its lunch. Perplexity, the AI search engine, has put in an offer to buy Google’s Chrome for more than $34 billion USD. _ Download the free app (App Store):  ht...

The RBA has cut the cash rate by 0.25% to its lowest level in more than two years. NBN Co has cut its losses to under $1 billion in the last financial year as it spends big on upgrades to keep up with competition. JB Hi-Fi celebrated a 10% jump in sales as its CEO resigns with a big payout for investors. _ Download the free app (App Store):  http://bit.ly/FluxAppStore Download the free app (G...

News Corp has seen a 14% jump in EBITDA for the full year, but parts of its Australian operations became the family embarrassment McDonald’s has bounced back in the most recent quarter after going full Colonel Sanders in the chicken wars Spotify has warned customers of a price rise for its premium subscription… and its share price jumped 8% on the news _ Download the free app (App Sto...

REA Group just announced juicy profit and a bigger dividend as a parting gift from its retiring CEO. The ASX’s recent ‘human error’ has seen $400 million in value wiped from TPG Telecom shares. Duolingo’s quarterly results have smashed investor expectations as more globetrotters look to learn a new language…and not quit _ Download the free app (App Store):  http...

A new challenger airline in Australia plans to be compete against Qantas and Virgin within 12 months… but doesn’t have a single plane (yet). TPG Telecom is handing back $3 billion and simplifying its business model in a bid to win over new investors. Reddit has seen its share price skyrocket over 30% in the past 5 days as investors get excited about its growth in new revenue. _ Downlo...

ResMed beats full‑year earnings and revenue forecasts thanks to a growth in snorers around the world. Figma, the design software, has tripled its market value on its IPO debut in one of the biggest first day pops for a US software company ever. Novo Nordisk, the company behind Ozempic, has seen market value slashed by over €60 billion after investors worry it’s losing the obesity drug r...

Flight Centre has downgraded its profit guidance for the third time because of a slowdown in global travel. Harley-Davidson has just sold a key part of engine that kept its business humming…after its sales fall year over year over year. Meta’s share price has jumped 9% after its quarterly earnings smashed past investor expectations… but the spend-a-thon is continuing. _ Learn m...

Webjet will be fined $9 million by the ACCC after they admitted to misleading customers with false advertising. Three major Aussie banks will refund nearly $60 million to vulnerable customers after ASIC found it was charging customers fees that they couldn’t afford. Anthropic, the AI startup backed by Amazon, is now facing a class action lawsuit from authors who claim their work was used wit...

Bapcor, the company behind Autobarn, Burson and Midas, has issued a major profit warning, three directors have quit, and its share price has nosedive. Paramount has finally merged with Skydance in an $8 billion USD deal after close to 2 years of negotiations. LVMH has seen its share price fall more than 8% after investors get major tariff anxiety. _ Learn more about iShares by BlackRock here Downl...

Fortescue, the WA-based mining giant, has smashed its export records… but its hydrogen dreams have run out of gas. YouTube has smashed viewership records and ad revenue as it competes head on with old-school TV channels. Tesla has suffered its steepest drop in quarterly revenue in over a decade after it struggles with strong competition and less government-support. _ Download the free app (...

Seek, the digital jobs marketplace, is being taken to court by its former friend Employment Hero. Qantas has admitted to using AI for its CEO email sent to customers that were affected by their data breach. Donald Trump has signed the very first crypto bill in US history… and crypto valuations are going bonkers. _ Download the free app (App Store):  http://bit.ly/FluxAppStorel Download...

Australia’s biggest bank is in hot water with the finance sector union for allegedly using “redundancy” as cover to send local jobs offshore. Netflix just posted record quarterly revenue…but investors still sold off the stock because of its pricey content strategy. Lovable, the startup helping people build apps without writing code, has cracked unicorn status just 8 months...

Emirates is planning to take on Qantas and Australia Post by launching its Courier Express service in Australia. A stealth AI company, called Thinking Machines, has just raised $2 billion USD…before even launching a product. Pop Mart’s profits are popping off thanks to an elf doll called Labubu. _ Download the free app (App Store):  http://bit.ly/FluxAppStorel Download the free a...

The RBA has recommended a ban on surcharges for debit and credit card payments in Australia in a plan to save shoppers $1.2 billion. Kraft Heinz is weighing up a corporate break-up… only 10 years after Kraft and Heinz got together. SpaceX is reportedly investing $2 billion USD into xAI… because when Elon borrows money, he borrows it from himself. _ Want to learn more about Helia and...

Some of Australia’s most iconic magazine titles, like The Australian Women’s Weekly and Woman’s Day are being put up for sale… again. Meta has invested 3 billion euros into the maker of RayBan as it plans to double-down on smart glasses. Lululemon is suing Costco for allegedly copying its clothing designs — and it’s come with receipts. _ Download the free app (...

Telstra is planning another mass job cut of over 500 jobs as it pushes to hit its new 2030 strategy… with AI. Donald Trump’s new threat of tariff on overseas pharmaceutical companies has put Australia’s pharma industry in the firing line. MYOB, the accounting software company, is trying to take on the big banks in the business banking market. _ Download the free app (App Store):...

The Reserve Bank of Australia has thrown one of the great surprises of 2025 by pausing the cash rate at 3.85%. Uber Australia’s advertising business has grown to over $150 million as it doubles down on ads as their latest revenue stream. Aldi has launched a home delivery service in Australia for the first time to get a slice of the growing online grocery industry. _ Download the free app (Ap...

Jetstar Asia is being shut down after 20 years of trying to break into the Asia market…and failing Cochlear, the ASX-listed medical device company, has seen its shares take a hit but it’s hoping its bionic ear will save the day Cettire, the online luxury fashion retailer, has seen its shares nosedive 30% after a slowdown in sales, profit and US luxury purchases _ Learn more about iSha...

Afterpay and all other buy now pay later lenders just got slapped with the same laws as credit card lenders…and that means tighter lending criteria Apple announces sleek new updates at WWDC 25… but kicks the Siri AI overhaul further down the road Warner Bros. Discovery is splitting into two companies – one for streaming, one for old-school TV to reinvigorate investors _ Learn m...

David Jones is in the red again but its private equity owners are going all-in with a $190 million debt boost. Tesla saw $150 billion USD wiped off its value late last week after Elon Musk and Donald Trump bromance is officially over. Hermès Australia is defying the cost-of-living crisis after record sales in Australia… and sending a a huge chunk back to Paris. _ Learn more about iSh...

Mecca has officially joined the billion-dollar club after clocking $1.2 billion in sales Westpac’s home loan brand RAMS is in hot water after ASIC alleged it enabled years of dodgy home loan behaviour Elon Musk’s artificial intelligence company xAI is launching a $300 million secondary share sale _ Download the free app (App Store): http://bit.ly/FluxAppStorel Download the free app (Go...

IDP Education has warned investors of a major earnings downgrade, which saw its share price tumble 48% in a single day. Treasury Wine Estates, the Aussie winemaker behind Penfolds, has just suffered a major hiccup in its big, bad, bold US strategy. McKinsey, the leading management consulting company, has cut its workforce by over 10%, as it lets AI tools like take the wheel. _ Download the free ap...

Virgin Australia offers $3000 worth of shares to staff as it prepares for takeoff… onto the ASX. Glencore, the mining behemoth, has shifted over $30 billion of its assets into an Australian subsidiary… but there seems to be more than meets the eye. The New York Times signs its first-ever AI deal after years of pushing back against AI companies - but it’s not with its arch-nemes...

ASX-listed Web Travel Group which used to be part of Webjet is soaring after seeing its bookings pop… and its share price pop even more Hailey Bieber has sold her viral beauty brand Rhode to Elf Beauty for $1 billion USD Nvidia, the AI chip king, has forecasted a massive quarter of growth despite their slowdown in China _ Download the free app (App Store): http://bit.ly/FluxAppStorel Downlo...

Wisetech, the ASX-listed logistics beast, has announced a $2.1 billion acquisitions — its biggest yet… but a long mile. Healthscope, Australia’s second-largest private hospital group has fallen into administration after it struggled to make repayments on its whopping debt. Arnotts is riding a new wave of love for its Tim Tams with its plans to expand aggressively overseas. _ Lea...