Fortescue, one of Australia’s largest mining companies, has reported an $8.5 billion net profit for the year.. and its CEO of 6 months will be stepping down.

OpenAI has announced plans to roll out ChatGPT Enterprise so that businesses can interact with AI.. with private data.

Brazilian cosmetic group, Natura & Co is considering selling The Body Shop as sales continue to decline.

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Rolex has acquired one of the world’s most exclusive watch and jewellery retailers, Bucherer, for an estimated $7 billion USD.

Tabcorp has been reborn post-demerger with a $66m profit that beat all market expectations.

Appen, the Australian AI tech company, has seen its shares drop almost 30% after they claimed they’re in a “challenging external environment”.

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Wesfarmers has seen its full year sales jump to over $43 billion thanks to its two favourite kiddies, Kmart and Bunnings

Subway has been sold after 60 years to a private equity giant for nearly $10 billion USD

Fashion retailer Shein has announced a new partnership with Forever 21 as both outlets look to amp up their customer reach

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Qantas has skyrocketed to new heights, well above the pandemic clouds, with a record annual profit near $2.5 billion.

Nine Entertainment has seen copped a 38% fall in its net profit after ads on TV are plummeting.

Nvidia, the computer chip maker has reeled in a massive $20.8 billion USD in quarterly revenue, as demand soars for their AI chips.

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Woolworths has announced a $1.6 billion profit and it’s largely thanks to their growing profit margin.

Wisetech, the Australian logistics software company, has seen its share price drop more than 20% after its profit margin fell waaaay more than expected.

Domino’s Pizza has seen its pizza sales whacked after rising prices last year.. But now its CEO promises no more!

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The share price of Coles’ had its biggest single-day loss since March 2020 after its full year profit dropped faster than a carton of eggs in a crowded supermarket.

Collins Foods, owner of 40% of Australia’s KFC outlets, has had a winning year, but the big question is, will they keep their momentum with cost of living pressures rising?

Arm, the chip designer in 99% of smartphones, is planning to IPO in the US and this could become one of Softbank’s major winners.

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The owner of Peter Alexander and Smiggle has announced a nearly 10% increase in sales.. And on that note, the CEO is stepping down.

A2 Milk has reported growth for the past 12 months, but investors are concerned whether there’s more milk to give.

Estee Lauder’s makeup can’t even cover up the holes in its annual sales and profit which have fallen well below its forecasts .

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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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F45 will delist from the New York Stock Exchange after its share price dropped over 99%... and they failed to benchpress their financial reports on time.

Spotify considered banning new uploads of white noise podcasts after it was dominating the algorithms.

CommBank has gone on the offensive with a plan to take on payment companies and other big banks with new payment product… Powerboard.

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Endeavour Group has seen its net profit jump over 7% off the back of its success with Dan Murphy’s membership program.

Origin Energy has rebounded with $1 billion profit after a year of instability in electricity prices.

Roblox, the online gaming platform, will let its users turn into creators and sell “full avatar bodies and standalone heads” to make dollars.

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Temple and Webster is using AI to jazz up its online shopping experience and grow sales as consumers tighten wallets.

An electric car maker called VinFast Auto just listed on the Nasdaq and its valuation soared past General Motors and Mercedes Benz in just one day.

Life360, the ASX-listed human-tracking app, has seen its subscription revenue boom year on year…despite an overall tech slowdown.

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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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