AI boom sends Nvidia shares higher
Nvidia shares ticked up Tuesday after the world’s leading accelerated-computing powerhouse posted record third-quarter revenue of USD57.0 billion, a 22 percent jump from the previous quarter and a 62 percent surge from a year earlier, extending a scorching run fueled by relentless global demand for artificial-intelligence infrastructure.
Visayas placed under Yellow Alert due multiple plant outages
The National Grid Corporation of the Philippines (NGCP) placed the Visayas grid under a yellow alert on Wednesday, November 19, from 3 p.m. to 8 p.m., following the unavailability of several power plants.
PH external buffers strengthen as peso faces persistent challenges
The Philippines posted a US$706-million balance of payments (BOP) surplus in October, signaling an improvement in external accounts and helping lift the gross international reserves (GIR) to US$110.2 billion.
Filipinos love online shopping, but delivery costs bite
The Philippines has the highest level of consumer optimism in e-commerce across Southeast Asia, according to Blackbox Research’s new Insight Report, “The Next Leap for E-Commerce in Southeast Asia.”
Gov’t sets sights on “smart mining” future with Sweden partnership
Environment Secretary Raphael P.M. Lotilla on Wednesday reaffirmed the country's drive toward responsible, tech-powered mineral development as global demand surges for critical resources needed in a low-carbon economy.
