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Despite falling profits due to market forces, Woodside Energy impressed investors with its performance and future prospects, driving up share value.

PDD Holdings Inc., owner of popular e-commerce platforms, issued a bleak financial outlook, citing Chinas economic slowdown and shifting consumer behavior as key challenges impacting their profitability.

Skydance Media, prevailing in a fierce bidding war, is set to take ownership of Paramount Global, aiming to breathe new life into the beleaguered studio.

Oil prices have leveled off following a sharp climb sparked by geopolitical instability, as market observers weigh the impact of potential supply disruptions against waning demand.

Global market sentiment was mixed as investors digested recent statements from Federal Reserve Chair Jerome Powell and monitored geopolitical developments.