EPISODE · May 10, 2026 · 6 MIN
Macquarie profits from oil shock | Google replaces Fitbit just 5 years after acquisition | Uber Australia rides its profits overseas
from What the Flux · host Flux
Macquarie has posted a $4.85 billion annual profit… up 30%... after it turned the Iran oil shock into one of the biggest windfalls in the bank's history. Google has quietly killed off the $2.1 billion Fitbit app and replaced it with an AI health coach app for all devices. Uber made $2.1 billion in gross profit in Australia last year and somehow ended up with just under $9 million in net profit. _ 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.
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Macquarie profits from oil shock | Google replaces Fitbit just 5 years after acquisition | Uber Australia rides its profits overseas
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