Disney+, Hulu, Max, Peacock and Paramount+ are offering steep discounts, even as they struggle to turn a profit in streaming.

PDD Holdings Inc.’s shares plunged after warning that its profitability will trend downward over time because of intensifying ...

The New Zealand-owned company benefited from a lack of large claims and planned to hand back $45m of excess money not needed for payouts through a mandatory buy back of shares.