Tag: AI

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AI boom sends Nvidia shares higher

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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

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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

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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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First Gen celebrates 50 years of EDC, launches unified brand

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First Gen Corporation marked the 50th anniversary of its subsidiary, Energy Development Corporation (EDC), highlighting its role in advancing geothermal energy in the Philippines.

Victor Lee Meng Teck leads Security Bank as president and CEO

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Victor Lee Meng Teck has been appointed president and chief executive officer of Security Bank Corporation, assuming the role in January 2026. Based in the Philippines, he now leads the bank’s overall strategy, operations, and growth initiatives in one of Southeast Asia’s key financial markets.

GSIS adopts 4-day on-site workweek to save energy

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The Government Service Insurance System (GSIS) will start a four-day on-site workweek on Monday, March 9, 2026 as part of the government’s efforts to conserve energy.

Japan envoy highlights maritime security cooperation at Makati Symposium

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Japan Ambassador to the Philippines, Endo Kazuya, on Friday attended a symposium on maritime security titled “Safeguarding the Maritime Domain for the Free and Open Indo-Pacific.” The event was co-hosted by the Japan Institute of International Affairs and the Stratbase Institute for Strategic and International Studies in Makati City.

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