What the Flux

The Reserve Bank of Australia has paused the cash rate at 3.60% in its final meeting of the year…after inflation reared its ugly ugly head once again.

Paramount has crashed the Hollywood party with a $108 billion USD hostile bid for Warner Bros Discovery.

Airwallex has pulled off Australia’s second-largest VC raise ever with a $US330 million raise… but it’s not without its controversy.

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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.
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The company behind Smiggle and Peter Alexander copped a 12% share price drop because school students aren’t digging its colourful stationery anymore.

Spotify has just delivered its biggest ever Wrapped launch, with more than 200 million users jumping in within 24 hours.

Lululemon’s founder is trolling the current CEO as he claims the company he started has lost its cool factor.

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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.
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H&M Australia is facing a $35 million bill for unpaid wages to Australian staff as it starts to quietly shut down its underperforming stores.

Australia’s top electric vehicles have all failed in real-world testing, with some models driving up to 30% less than their advertised battery range.

The Magnum Ice Cream Company is demerging from its parent company Unilever and will officially be known as the largest ice cream company in the world.

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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.
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Metcash has seen its shares fall more than 9% after illegal tobacco casues a $345 million knock in sales.

The owner of KFC Australia stores has upgraded its full-year profit guidance after Aussies get stuck into Zinger burgers.

Shopify saw its shares plummet 5% after its suffered major outages on Cyber Monday.

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Download the free app (App Store): http://bit.ly/FluxAppStore

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Daily newsletter: https://bit.ly/fluxnewsletter  

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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.
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See omnystudio.com/listener for privacy information.

El Jannah, the cult-favourite charcoal chicken chain, is set to be snapped up for almost $1 billion by US private equity giant General Atlantic.

Google is taking it up to Nvidia in the chip wars as it looks to sell its own proprietary chips to Meta and its share rose 4% on the news.

Harvey Norman has seen its sales jump 9% in the last quarter as its international growth pushes the business forward.

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Download the free app (App Store): http://bit.ly/FluxAppStore

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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.
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Temple and Webster shares have crashed over 30% even though it saw strong revenue growth and record customer numbers.

Aware Super, one of Australia’s biggest super funds has spent nearly $50 million on marketing its industry super fund last year as the race for super dollars heats up.

SkinKandy, the Australian body piercing and jewellery business is prepping for a $400 million IPO… but it doesn’t have history on its side.

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Download the free app (App Store): http://bit.ly/FluxAppStore

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Flux on TikTok: https://www.tiktok.com/@flux.finance  

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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.
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See omnystudio.com/listener for privacy information.

Tiktok has bought the naming rights to rebrand a major Sydney venue as the ‘Tiktok Entertainment Centre’.

Two Aussie tech founders just sold their software monitoring startup for more than $5 billion.

The owner of the Daily Mail is dropping £500 million to buy The Daily Telegraph and bring it into its media empire.

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Download the free app (App Store): http://bit.ly/FluxAppStore

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Flux on TikTok: https://www.tiktok.com/@flux.finance  

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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.
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See omnystudio.com/listener for privacy information.

The Execs at Reece, the plumbing wizards, have copped a second strike on their pay after shareholders have lost their patience.

The owner of Ladbrokes and Neds in Australia is cutting jobs and winding back perks as it tries to stabilise its struggling Aussie business.

Monash IVF has reported weaker than expected performance after it feels the after-effects of its embryo transfer mix ups

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Download the free app (App Store): http://bit.ly/FluxAppStore

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Daily newsletter: https://bit.ly/fluxnewsletter  

Flux on Instagram: http://bit.ly/fluxinsta  

Flux on TikTok: https://www.tiktok.com/@flux.finance  

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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.
__

See omnystudio.com/listener for privacy information.

Qantas is taking the loyalty battle to Virgin Australia head-on… with a new membership program for Jetstar.

Nvidia keeps the AI boom alive as it outperforms the VERY lofty expectations of investor… and the whole market rises on the news.

Adobe has dropped almost $2 billion USD to buy Semrush so it can beef up its marketing and AI tools.

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Download the free app (App Store): http://bit.ly/FluxAppStore

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Daily newsletter: https://bit.ly/fluxnewsletter  

Flux on Instagram: http://bit.ly/fluxinsta  

Flux on TikTok: https://www.tiktok.com/@flux.finance  

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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.
__

See omnystudio.com/listener for privacy information.

Airtasker has raised more than $7.5 million from iHeartMedia as part of its plan to expand into the US and UK… but it’s share price got whacked on the news.

OpenAI has launched a brand new group chat feature for ChatGPT as it quietly tiptoes towards becoming… a social platform.

Breaking Rust has just hit #1 on the US country charts with their song “Walk my Walk”... but there’s a serious concern from the music industry.

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Download the free app (App Store): http://bit.ly/FluxAppStore

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Daily newsletter: https://bit.ly/fluxnewsletter  

Flux on Instagram: http://bit.ly/fluxinsta  

Flux on TikTok: https://www.tiktok.com/@flux.finance  

—-

The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.
__

See omnystudio.com/listener for privacy information.