Wesfarmers' secret weapon | Qantas reports 16% profit drop | Nvidia loses momentum

What the Flux

29-08-2024 • 6 mins

Wesfarmers has seen its annual sales jump to more than $44 billion and it’s putting a heap of praise on one particular business.

Qantas has reported a 16% drop in its annual profit in its first annual update since new CEO Vanessa Hudson stepped in.

Nvidia, the AI chipmaker, exceeded its quarterly guidance on all the key metrics… but its share price dropped more than 7%.

Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork
Download the free app (App Store): http://bit.ly/FluxAppStore
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.

See omnystudio.com/listener for privacy information.

You Might Like

The Morning Brief
The Morning Brief
The Economic Times
ANI Podcast with Smita Prakash
ANI Podcast with Smita Prakash
Asian News International (ANI)
Global News Podcast
Global News Podcast
BBC World Service
ThePrint
ThePrint
ThePrint
3 Things
3 Things
Express Audio
FT News Briefing
FT News Briefing
Financial Times
Economist Podcasts
Economist Podcasts
The Economist
Daybreak
Daybreak
The Ken
HT Daily News Wrap
HT Daily News Wrap
Hindustan Times - HT Smartcast
Top of the Morning
Top of the Morning
Mint - HT Smartcast
The Daily
The Daily
The New York Times
The Journal.
The Journal.
The Wall Street Journal & Gimlet
WSJ What’s News
WSJ What’s News
The Wall Street Journal
7@7
7@7
The Economic Times
WSJ Tech News Briefing
WSJ Tech News Briefing
The Wall Street Journal
Serial
Serial
Serial Productions & The New York Times