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July 10, 2025 5 mins

Friday 11 July 2025

The top five business stories in five minutes, with Sean Aylmer and Adam Lang.

  1. Nvidia, Bitcoin soar
  2. Unis face antisemitic laws
  3. Australian magazines up for sale
  4. Nine wins big from Origin
  5. Russia condemned by EU court

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Episode Transcript

Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:03):
It's Friday, the eleventh of July twenty twenty five. Welcome
to the Fast Five by Fear and Greed, where we
give you the top five business stories you need to
know in just five minutes. I'm Adam Lang and good
morning Sean Aylmer. Good morning, Adam, Sean Story number one.
It has been twenty four hours of records on financial
markets on Wall Street, and Video became the first company

(00:25):
ever to be valued at over US four trillion dollars.
In crypto markets, Bitcoin reached a new high despite the
global uncertainty, and locally one of the best performing stocks
of last year. Imaging group Promedicus hits another record, forcing
its way into the top twenty stocks for the first time.

Speaker 2 (00:43):
Given all the uncertainty around tariffs and global growth, performance
of the assets pretty much exceptional. It reflects a seeming
underlying optimism that despite what's going on in the US,
things are okay. Let me run through the men. Video
push beyond the four trillion US dollar market valuation point
one trillion Aussie dollars. Let's put that in perspective. That's
more than twice the value of the total market cap

(01:05):
of all to top two hundred stocks. On the asp X.
These stocks out more than twenty percent this year, more
than one thousand percent since the beginning of twenty twenty three.
Pretty phenomenal. Let's go to bitcoin. It's pushing beyond one
hundred and twelve thousand US dollars for the first time.
There's broad support for risk assets, notwithstanding all the tourn
oil going on that swept up tech stocks as well

(01:28):
as cryptocurrencies. Bitcoin, of course, is the original crypto asset.
It's up twenty percent this year. And let's say that
institutional demand for bitcoin is surging, not just retail demand,
and that gives it some sustainability.

Speaker 1 (01:40):
Sean back home, Promedicus keeps going from strength to strength.
Tell us about it when.

Speaker 2 (01:45):
It's an imaging provider to hospitals and healthcare groups. The
way I think of it is it's a company that
springs X rays into the twenty first century. Bit more
than that, its visage radiology software is used mostly by
North American hospitals. Allows for very efficient viewing and interpret
of scans. One of the best performing companies on the
A six two hundred over the last year, up one
hundred and forty percent. That's on the back of a

(02:06):
bunch of contract wins in the US and small sort
of general support from fund managers who're seeing the potential
in the company. Promedicus has pushed its way into the
top twenty stocks. It's now bigger than Aria zero Cole Santos,
about twice the size of Quantus.

Speaker 1 (02:20):
Sean story number two. Universities and arts bodies will lose
government funding if they failed to combat anti Semitic bigotry
from staff, students and artists. As part of a new
federal strategy to combat the wave of attacks against Jewish Australians.

Speaker 2 (02:34):
Prime Minister Anthony have an Easy, Home Affairs Minister Tony
Burke and Special Envoy on Anti Semitism Gillian Siegel announced
the plan yesterday, saying Australian Border Force officials will be
trained to spot and deport anti Semites. The announcement comes
after a government commission report by Miss Siegel. It shows
anti Jewish sentiment in Australia has risen to deeply troubling levels.

(02:55):
The report also includes a push to adopt the national
standard definition of anti Jewish bigotry. It's part of a
new strategy to combat the waves of attacks against Jewish
Australians in recent months, including alleged anti Semitic attacks in
Melbourne last weekend.

Speaker 1 (03:10):
Story number three. The private equity owners of some of
Australia's oldest and best known magazine brands, The Australian Women's Weekly,
Better Homes and Gardens, New Idea and Women's Day have
put the titles up for sale.

Speaker 2 (03:22):
They're owned by private equity group Mercury Capital. They want
to sell the magazine publisher as a group. They're called
Our Media ar Medium. The group struggled from a decline
in advertising dollars flowing away from traditional magazine brands. There's
plenty of tough competition out there social media platform podcasts,
of course, streaming services rival women's media groups. Our Media

(03:43):
used to be known as Bauer Media, the German media
John Bower spent five hundred and sixty five million dollars
creating this business, then sold it for about fifty million
dollars to Mercury Capital. Will be interested to see what
the sale price on this one is.

Speaker 1 (03:57):
Story number four. The rugby league state of origin between
Queensland and New South Wales resulted in a win for
the Sunshine State and also for nine Network streaming service
nine Now.

Speaker 2 (04:07):
The game had an average national TV audience of more
than three point nine million people, according to ratings company OSTAM,
made it the most watched program of twenty twenty five.
Almost five point seven million people tuned in for at
least a minute through broadcast TV or fifteen seconds through
the streaming app. In this case nine Now that's nine
Networks streaming app. It had the biggest streaming audience in history.

(04:28):
Nine zed it was the biggest TV audience for an
Origin game since twenty sixteen. The three Origin games are
the most watched events of the year, reaching about five
and a half million each.

Speaker 1 (04:38):
Sean story number five. Europe's top human rights court has
delivered damning judgments against Russia in four cases brought by
Kiev and the Netherlands accusing Moscow of atrocities in Ukraine
dating back more than a decade.

Speaker 2 (04:52):
Judges at the European Court of Human Rights rule that
Russia was responsible for widespread violations of international law, from
shooting down Malaysia Airlines Fly seventeen in twenty fourteen to
the murder, torture, rape, destruction of civilian infrastructure and kidnapping
of Ukrainian children after Moscow's full scale invasion in twenty
twenty two. The Boeing Triple seven, flying from EMPs then

(05:13):
Takuala Lumpa, was shot down on July seventeen, twenty fourteen,
using a Russian made buck missile fired from territory in
eastern Ukraine that's controlled by separatist rebels loyal to Moscow.
All two hundred and ninety eight passengers and crew were killed,
including thirty eight Australian citizens and residents.

Speaker 1 (05:29):
That's it, the top five business stories you need to
know in just five minutes. Thank you very much, Sean.

Speaker 2 (05:34):
Thanks Adam.

Speaker 1 (05:35):
It's Friday, the eleventh of July twenty twenty five. Remember
to hit follow on the podcast, and if five minutes
is not enough, then find our longer podcast called Fear
and Greed on your favorite podcast platform. I'm Adam Lang
and that was the fast five by Fear and Greed.
Have a great date.
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