Woolworths' e-commerce issues | Apple's got a problem | Meta’s doubling down on AI

What the Flux

Woolworths has warned investors that its earnings for the 6 months to December are looking likely to be 5% below last year’s results.

Apple has seen its quarterly sales jump 5% after investors got their first peak on how its iPhone 16 sales are faring.

Meta’s shares dropped 4% after its quarterly update warned that AI investments were expected to ramp up.

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Information is of general information, and does not constitute legal, tax, credit or financial advice, and is not tailored to a home buyer’s specific circumstances. Home buyers should consider their own personal circumstances and seek advice from their professional advisers before making any decisions that may impact their financial position.

Lenders mortgage insurance (LMI) is insurance that protects the credit provider, not the home buyer, and cannot be provided to borrowers. Helia Insurance Pty Limited ABN 60 106 974 305 is the issuer of the LMI policy and holds an Australian Credit Licence Number 393269.

Helia credit activities are limited to credit activities engaged by it as an assignee in relation to providing lender's mortgage insurance (LMI) products or as a credit provider under the doctrine of subrogation in relation to providing LMI products. The information provided in this article does not refer to a credit contract with any particular credit provider.

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