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.
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.
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.
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.
Filinvest Land Inc. (FLI) has secured Philippine Economic Zone Authority registration for Filinvest Innovation Park – Ciudad de Calamba (FIPC), formally entering the country’s expanding ecozone network and positioning Laguna as a magnet for high-value, export-driven industries.
A growing share of Asia-Pacific chief executives are preparing to break out of their traditional lanes, as cyber threats, sluggish confidence and long-term viability fears force a strategic reset.
The Bangko Sentral ng Pilipinas (BSP) is expected to cut its key interest rate by 25 basis points to 4.25 percent at its February 19 policy meeting, according to Metrobank, as slowing economic growth takes priority over near-term inflation concerns.
Hanabishi Appliances has launched a Valentine’s Day and Lunar New Year campaign encouraging shoppers to celebrate love and new beginnings through practical gifts.