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.
Strong earnings—and an even stronger outlook—sent Oracle Corp. shares soaring to an all-time high on Thursday, adding an estimated USD26 billion to the net worth of co-founder Larry Ellison, enough to make him the world second wealthiest man, at least on paper.
China Bank Savings (CBS), the retail lending subsidiary of China Banking Corp., is adjusting its strategy to focus on asset preservation and enhanced risk management amid ongoing geopolitical tensions in the Middle East and domestic political uncertainties.
The Philippine Ports Authority (PPA) has restarted partial operations at Makar Port, also known as the Port of General Santos, after completing safety inspections following the magnitude 7.8 earthquake that struck Southern Mindanao.
Brokerage firm Unicapital Securities Inc. has introduced UTrade WealthBasket, a new automated investing product that provides professionally managed stock portfolios.
The Securities and Exchange Commission (SEC) has extended its reduced fees for securities registration for micro, small, and medium enterprises (MSMEs) until December 31, 2026, to encourage businesses to raise funds through the capital market.