Woodside Profit Jumps 27% as Higher Prices Offset Lower Production
Woodside Energy’s net profit surged 27% to $1.67 billion in the first half of 2026, driven by higher oil and LNG prices despite a 13% production decline.
Woodside Energy’s net profit surged 27% to $1.67 billion in the first half of 2026, driven by higher oil and LNG prices despite a 13% production decline.
United Airlines announced plans Tuesday to add numerous international destinations in 2027, ranging from Ljubljana, Slovenia to Okinawa, Japan, as the carrier continues expanding beyond traditional tourist hubs.
CID HoldCo shares surged 39.6% in premarket trading, extending a rally that lifted the stock from below $0.50 to over $5, driven by speculative momentum rather than fundamental developments.
Oil prices fell for a third consecutive day to roughly $86 per barrel, providing relief to bond markets amid geopolitical tensions and bolstering Treasury auctions.
Prediction market traders assigned a 97% probability to Nvidia beating Wall Street’s earnings forecast, though the stock recently ended its longest losing streak since 2022.
Taiwan Semiconductor Manufacturing Co. reported July revenue of 467.58 billion New Taiwan dollars ($14.5 billion), up 44.7% year-over-year, driven by continued strong artificial intelligence chip demand.