Macquarie profits from oil shock | Google replaces Fitbit just 5 years after acquisition | Uber Australia rides its profits overseas
About this episode
The episode discusses Macquarie's record profits from the oil shock, Google's replacement of Fitbit with an AI health coach, and Uber's financial performance in Australia.
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.
People in this episode
Host: Flux
Topics covered
- finance
- technology
- business news
- health tech
- profit analysis
Keywords
- Macquarie
- Fitbit
- Uber
- oil shock
- profits
- AI health coach
Mentioned in this episode
Organizations: Macquarie, Google, Uber
Products: Fitbit
Places: Australia
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