Westpac’s new CEO is cutting 5% of its workforce to reduce costs after disappointing investors with first half year results.

Mayne Pharma shares tumbled 40% after its potential buyer has threatened to walk away its $672 million takeover bid.

Bitcoin hit an all-time high yesterday after breaking through the $110,000 USD barrier - and it’s now worth more than Amazon and Google.

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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.

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.

See omnystudio.com/listener for privacy information.

The RBA has cut the cash rate by 0.25% to 3.85%, but warns that Trump’s tantrums could still shake the Aussie economy

Monash IVF has warned of an ugly update to its profit guidance after an embryo mix up caused share prices to fall 34%

Netflix has signed a deal with Sesame Workshop to make Netflix the new streaming home of Sesame Street.

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Learn more about iShares by BlackRock here

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

Download the free app (Google Play): http://bit.ly/FluxappGooglePlay

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.

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.

See omnystudio.com/listener for privacy information.

Xero’s full-year profit has jumped 30% as it grows its user base…but uses a simple method to grow revenue - jack up its pricing.

Burberry, one of the world’s biggest luxury brands, is planning to cut one fifth of its global workforce after a £75 million loss.

Warner Bros Discovery is backtracking on ‘Max’ branding for its streaming service…with HBO back in the spotlight.

_

Learn more about iShares by BlackRock here

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

Download the free app (Google Play): http://bit.ly/FluxappGooglePlay

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.

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.

See omnystudio.com/listener for privacy information.