Tag: AI

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AI boom sends Nvidia shares higher

Corporate Context.ph Context.ph -
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.

Seagate shares soar after debt deal

Corporate Context.ph Context.ph -
Shares of Seagate Technology climbed 10 percent on Wednesday after the data storage company announced a USD500 million debt exchange agreement, a move seen by investors as easing its near-term financing pressure.

AI powers Amazon profit growth

Communications & Technology Context.ph Context.ph -
Amazon.com Inc. posted a surge in third-quarter profit, lifted by accelerating cloud demand and investment gains, even as hefty legal and restructuring costs weighed on operations.

Oracle soars on AI, multi-Cloud boom

Communications & Technology Context.ph Context.ph -
Oracle Corp., the internationally-recognized information technology company, delivered strong fiscal first-quarter results and a bullish outlook, driven by accelerating demand for its multi-cloud infrastructure amid a global artificial intelligence (AI) boom.

Google parent Alphabet Q2 results shine amid AI and Cloud surge

Communications & Technology Context.ph Context.ph -
Alphabet Inc., the parent company of Google, exceeded expectations with its second-quarter earnings, driven by strong performance in search, cloud, and AI.
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ManulifeMOVE promotes holistic approach to longer lives

Banking & Insurance 0
Manulife Philippines is expanding its focus on preventive health and financial preparedness through ManulifeMOVE, a wellness program designed to help Filipinos build healthier habits and prepare for longer, more secure lives.

BSP sees elevated inflation shaping 2027 budget

Economy 0
The Bangko Sentral ng Pilipinas expects inflation to remain elevated in 2027, with the government adopting a 4 percent to 5 percent inflation assumption in crafting the proposed national budget amid continued global and domestic price risks.

Secretary Go says 2027 budget to prioritize fiscal discipline

Economy 0
Finance Secretary Frederick Go said the government’s 2027 budget will prioritize fiscal discipline and higher-impact spending as the administration works to sustain economic growth while reducing the deficit and managing debt levels.

MAP raises tax concerns as BIR pursues reforms

Economy 0
The Management Association of the Philippines has flagged tax administration issues with the Bureau of Internal Revenue, prompting the agency to explore further reforms aimed at making compliance simpler, more predictable, and more responsive to businesses.

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