Tag: AI

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AI data center spending fears hurts Oracle

Communications & Technology Context.ph Context.ph -
Oracle Corp. shares tumbled 11 percent on Thursday after the company reported earnings that intensified investor worries about the rising debt behind the industry’s race to build AI data centers. 

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.
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Nestlé turns cleanup into circular economy action

Environment 0
Plastic has a way of coming back. Nestlé Philippines wants to make sure it returns to the recycling loop—not the ocean.

PH compounded pharmacy market set to hit P212 billion amid rising demand for personalized care

Education, Health & Science 0
The compounded pharmacy market in the Philippines is seen growing 1.8 percent higher this year to around P212 billion from its level in 2025, personalities at the PRIMA ASEAN Congress in Taguig City said.

NFA boosts rice stocks, advances modernization at 54

Agriculture 0
The National Food Authority is ramping up rice procurement, distribution, and facility upgrades as it marks 54 years, with Agriculture Secretary Francisco P. Tiu Laurel Jr. affirming the agency’s vital role in steady, affordable rice supply for Filipinos.

NTC fines 3 Telcos over poor Metro Manila broadband service 

Communications & Technology 0
The National Telecommunications Commission (NTC) has launched enforcement proceedings against the country’s three major mobile network operators, imposing daily fines of P100,000 each over persistently poor mobile broadband performance in parts of Metro Manila.

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