What the Flux

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 iShares by BlackRock here [https://www.blackrock.com/au/solutions/ishares?cid=na:ETF_Education:ish::pi:dirct:FLUX:eii::May::eDM::] Download the free app (App Store): http://bit.ly/FluxAppStorel [http://bit.ly/FluxAppStore] Download the free app (Google Play): http://bit.ly/FluxappGooglePlay [http://bit.ly/FluxappGooglePlay]   Daily newsletter: https://bit.ly/fluxnewsletter [https://bit.ly/fluxnewsletter]   Flux on Instagram: http://bit.ly/fluxinsta [http://bit.ly/fluxinsta]   Flux on TikTok: https://www.tiktok.com/@flux.finance [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. Issued by BlackRock Investment Management (Australia) Limited ABN 13 006 165 975, AFSL 230 523. Refer to FSG available on our website. Before making any investment decisions, you should assess whether the product or service is appropriate for you and read the PDS and TMD available at blackrock.com.au [http://blackrock.com.au/]. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

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 more about iShares by BlackRock here [https://www.blackrock.com/au/solutions/ishares?cid=na:ETF_Education:ish::pi:dirct:FLUX:eii::May::eDM::] Download the free app (App Store): http://bit.ly/FluxAppStorel [http://bit.ly/FluxAppStore] Download the free app (Google Play): http://bit.ly/FluxappGooglePlay [http://bit.ly/FluxappGooglePlay]   Daily newsletter: https://bit.ly/fluxnewsletter [https://bit.ly/fluxnewsletter]   Flux on Instagram: http://bit.ly/fluxinsta [http://bit.ly/fluxinsta]   Flux on TikTok: https://www.tiktok.com/@flux.finance [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. Issued by BlackRock Investment Management (Australia) Limited ABN 13 006 165 975, AFSL 230 523. Refer to FSG available on our website. Before making any investment decisions, you should assess whether the product or service is appropriate for you and read the PDS and TMD available at blackrock.com.au [http://blackrock.com.au/]. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

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 iShares by BlackRock here [https://www.blackrock.com/au/solutions/ishares?cid=na:ETF_Education:ish::pi:dirct:FLUX:eii::May::eDM::] Download the free app (App Store): http://bit.ly/FluxAppStorel [http://bit.ly/FluxAppStore] Download the free app (Google Play): http://bit.ly/FluxappGooglePlay [http://bit.ly/FluxappGooglePlay]   Daily newsletter: https://bit.ly/fluxnewsletter [https://bit.ly/fluxnewsletter]   Flux on Instagram: http://bit.ly/fluxinsta [http://bit.ly/fluxinsta]   Flux on TikTok: https://www.tiktok.com/@flux.finance [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. Issued by BlackRock Investment Management (Australia) Limited ABN 13 006 165 975, AFSL 230 523. Refer to FSG available on our website. Before making any investment decisions, you should assess whether the product or service is appropriate for you and read the PDS and TMD available at blackrock.com.au [http://blackrock.com.au/]. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

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 [http://bit.ly/FluxAppStore] Download the free app (Google Play): http://bit.ly/FluxappGooglePlay [http://bit.ly/FluxappGooglePlay]   Daily newsletter: https://bit.ly/fluxnewsletter [https://bit.ly/fluxnewsletter]   Flux on Instagram: http://bit.ly/fluxinsta [http://bit.ly/fluxinsta]   Flux on TikTok: https://www.tiktok.com/@flux.finance [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 [https://omnystudio.com/listener] for privacy information.

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 app (App Store): http://bit.ly/FluxAppStorel [http://bit.ly/FluxAppStore] Download the free app (Google Play): http://bit.ly/FluxappGooglePlay [http://bit.ly/FluxappGooglePlay]   Daily newsletter: https://bit.ly/fluxnewsletter [https://bit.ly/fluxnewsletter]   Flux on Instagram: http://bit.ly/fluxinsta [http://bit.ly/fluxinsta]   Flux on TikTok: https://www.tiktok.com/@flux.finance [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 [https://omnystudio.com/listener] for privacy information.