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Stocks advance anew on rosy corporate earnings
Local stocks advanced for a second consecutive session as rosy corporate earnings provided a boost to investor sentiment......»»
Nvidia Earnings Pose Critical Test for AI-Led Market Rally – The Daily Guardia
Dow Jones Futures Flat, Nvidia Earnings Loom Large In a recent update on Sunday night, Dow Jones futures remained unchanged, with all eyes on Nvidia.....»»
Robinsons Retail core earnings slightly up in 2023
Core earnings of Gokongwei-owned Robinsons Retail Holdings Inc. increased by 0.6 percent to P5.59 billion in 2023......»»
BSP boss shines spotlight on insider trading
As reported by the BusinessMirror, BSP Governor Eli Remolona gave a speech at the Manila Polo Club to a meeting of Rotary Club members where he noted the problem of insider trading, citing the specific example of how “nothing moves” when listed companies report overwhelmingly positive earnings because those trades were placed ahead of the announced earnings......»»
How Millions of Linux Computers Almost Got Hacked – The Daily Guardian
In a recent discovery, Microsoft software developer Andres Freund found a backdoor in XZ Utils, a popular data compression utility used by various Linux-based computer.....»»
The Daily Guardian: Windows feature left unupdated for 30 years
Microsoft’s Windows 11 still features a dialog box that was created almost 30 years ago, revealing the fascinating story behind its origin. Dave Plummer, a.....»»
China blocks use of Intel and AMD chips in government computers – report
The procurement guidance also seeks to sideline Microsoft Windows and foreign-made database software in favor of domestic options, a Financial Times report says.....»»
IBM leads Google, Microsoft in race to next gen AI
Major players are vying for top position as Generative AI drives technology patent grants up by 16 percent in the last five years and applications by 31 percent, a new patent study on AI trends showed......»»
OpenAI introduces AI model that turns text into video
(Reuters) – Microsoft-backed OpenAI is working on a software that can generate minute-long videos based on text prompts, the company said on Thursday. The software, called Sora, is currently available for red teaming, which helps identify flaws in the AI system, as well as for use by visual artists, designers and filmmakers to gain feedback.....»»
Bard AI chatbot by Google undergoes rebranding as Gemini with its standalone Android app – The Daily Guardian
Title: Google Introduces Gemini, its Latest AI Assistant, with Advanced Capabilities In a move mirroring Microsoft’s recent renaming of Bing Chat to Copilot, Google has.....»»
Accelerating Scientific Discovery: The Power of AI and High-Performance Computing
Microsoft has joined forces with the Pacific Northwest National Laboratory (PNNL) to harness the power of advanced artificial intelligence (AI) and cloud computing in order.....»»
Historically low valuation
The Philippine stock market bloodbath over the past two years saw the PSEi plummet from 7,122.6 on the last trading day of 2021 to 6,566.4 on the last trading day of 2022 for a 7.8 percent annual retreat and slide even further in 2023 to close at 6,450.0 on the last trading day of the year. In terms of valuation, the PSEi’s 2023 year-end 12.9x price-to-earnings (P/E) ratio does not fare well when compared against its past performance in prior years......»»
Stocks to test 7,000 resistance
The stock market looks to sustain its momentum and advance to the 7,000 level this week, with investors keeping an eye on more corporate earnings results and positive cues abroad to fend off selling pressures......»»
Market extends winning streak
Positive sentiment on earnings results of local companies pushed the stock market above the 6,900 level, extending its winning streak to a third straight day......»»
PSEi to stay at 6,700 ahead of inflation data
The stock market will try to hold on to the 6,700 level this week as investors will be on the lookout for inflation data and corporate earnings results......»»
Atin Ito’s advance team breaches China’s Scarborough blockade, delivers supplies to fishers
“Despite China's massive blockade, we managed to breach their illegal blockade, reaching Bajo de Masinloc to support our fishers with essential supplies. Mission accomplished!” said Rafaela David, president of Akbayan Party and co-convenor of Atin Ito. .....»»
Clutch Apura delivers as MVPSF storms back vs Ginebra Boys in Japa Cup opener
Allan Apura scored the go-ahead triple in the final 13.4 seconds and then added a free throw with sixth-tenths of a second to lift MVP Sports Foundation to a come-from-behind 60-58 overtime win over the Ginebra Boys at the start of PBAPC Raffy Japa Cup presented by Burlington Sunday at the Ninoy Aquino Stadium......»»
India delivers BrahMos missiles to Philippines
The contract for supersonic missiles co-developed with Russia was signed by the two Asian nations in 2022 India delivered the first batch of BrahMos supersonic cruise missiles to the Philippines on Friday, the ANI news agency has reported. A $375 million deal to supply the systems co-developed by New Delhi and Moscow.....»»
India delivers BrahMos supersonic cruise missiles to Philippines
Manila [Philippines], April 19 (ANI): India delivered the BrahMos supersonic cruise missiles to the Philippines on Friday, as part of the USD 375 million deal between the two sides signed in 2022. The Indian Air Force sent its American origin C-17 Globemaster transport aircraft with the missiles to the Philippines to deliver the weapon system to the Philippines' Marine Corps, according to the defence sources. The export o.....»»
Shakey‘s delivers higher profit last year
Shakey’s Pizza Asia Ventures Inc. was on a roll in 2023, ending the year with strong profitability amid inflationary pressures......»»