Markets
NVIDIA reports 56% surge in 2Q revenue on AI gains
NVIDIA, the tech giant that is the world’s most valuable stock, reported second-quarter revenue of USD46.7 billion, up 56 percent year-on-year, fueled by soaring demand for its Blackwell AI platform. Revenue was also up 6 percent from the first quarter, suggesting growth momentum is still intact.
Investors seen shifting to long-term bonds on rate cut prospects
Investors may increase allocations to long-term government bonds as expectations rise for a policy rate cut by the central bank, according to Manulife Investment Management.
DoubleDragon expects strong market reception for retail bond
DoubleDragon Corp. expects an anticipated interest rate cut by the Bangko Sentral ng Pilipinas later this week to bolster market reception for its P10.9 billion retail bond scheduled in September.
Keurig Dr Pepper to buy JDE Peet’s for EUR15.7B
Keurig Dr Pepper Inc. said Monday it has entered into a definitive agreement to acquire JDE Peet’s in an all-cash transaction valued at EUR15.7 billion (USD18.2 billion), a...
SEC warns of danger from unregistered crypto platforms targeting Filipinos
The Securities and Exchange Commission (SEC) has raised the alarm over a growing number of unregistered cryptocurrency platforms actively targeting Filipino users.
