telstra-s-1-billion-turnaround-bunnings-kmart-carr

Telstra’s $1 billion turnaround | Bunnings & Kmart carry Wesfarmers (once again) | Nikola EV truck files for bankruptcy

20 Feb 2025 | 6 mins

Description

Telstra has dialled up a net profit of just over $1 billion for the last six months after seeing growth in its mobile biz… and saying goodbye to Foxtel.

Wesfarmers has seen its sales and earnings jump in the first half of the financial year thanks to its GOAT performers, Bunnings and Kmart.

Nikola, the electric trucking startup, has filed for bankruptcy in the US after struggling to raise money… or find a buyer.

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