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A collection of key learnings that will help you make better money decisions.

Sunnies meet streetwear as Rayban maker EssilorLuxotica acquires Supreme for $1.5 billion USD

EssilorLuxotica announced that it will acquire the streetwear brand Supreme from VF Brands for $1.5 billion USD.

Flux team
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1
min read
· Posted on
July 22, 2024

Microsoft has announced a new AI designer app, challenging Canva’s reign in the design industry

Microsoft has announced a new AI-powered app available to users on Windows as well as iOS and Android called Designer.

Flux team
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1
min read
· Posted on
July 22, 2024

Fortescue Metal Group has axed 700 jobs from its workforce as it puts its green dreams on hold

Fortescue has announced that it’ll be axing 700 jobs globally and restructuring its business.

Flux team
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1
min read
· Posted on
July 22, 2024

Nvidia market value takes a $200 billion hit as Trump's Taiwan talk tanks AI chips

Nvidia and other AI chipmakers saw their share prices drop from between 3%-11% after Donald Trump’s comments about Taiwan.

Flux team
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1
min read
· Posted on
July 19, 2024

Google makes a $23 billion USD power play to dethrone the cloud kings

Google’s parent company has announced it’s in late-stage talks to acquire a company called Wiz for $23 billion USD.

Flux team
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1
min read
· Posted on
July 19, 2024

Fake tan, but real money - Coco & Eve receives $100 million investment from a US private equity firm

A Texan private equity company called Gauge Capital has invested $100 million into Coco & Eve to help it expand globally.

Flux team
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1
min read
· Posted on
July 19, 2024