Tag: AI

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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.

Seagate shares soar after debt deal

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

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

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

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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When Manny meets Kiko: Pacquiao, DA chief join forces to fight poverty 

National Anti-Poverty Commission (NAPC) Secretary and Lead Convenor Manny Pacquiao is joining forces with Agriculture Secretary Francisco P. Tiu Laurel Jr. to strengthen government efforts to alleviate poverty, particularly among farmers and fisherfolk, who remain among the country’s most economically vulnerable sectors.

Business groups push back on proposed 200% beverage tax hike

Business groups and tax experts are urging the government to rethink a proposed more-than-200 percent hike in sweetened beverage excise taxes, warning that steep increases could squeeze consumers, hurt small businesses and fail to deliver the expected revenue and public health gains.

Lenovo unveils new AI PCs – performance without the premium price

Lenovo has expanded its Personal AI vision with a new consumer device portfolio that brings smarter, connected AI experiences alongside bold, style-focused designs — all at accessible price points.

Globe Platinum rethinks iPhone 18 launch with intimate dining events

Globe Platinum has reimagined the traditional crowded iPhone launch experience, rolling out intimate, simultaneous midnight unboxing events across Manila, Cebu, and Davao ahead of the nationwide iPhone 18 release.

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