What’s Happening in the Philippines, Local News and Philippine People
TLDRs; Microchip anticipates lower fourth-quarter earnings as worldwide memory shortages curtail orders. Profit margins are under strain from internal manufacturing and inventory expenses, even with growth in specific memory products. Microchip is shifting its strategic focus toward AI data centers
MoreTLDR On Thursday, IBIT traded $10 billion while Bitcoin registered one of its most significant intraday drops in 15 months. IBIT closed at $36.10, a 48% decrease from its peak of nearly $70 in October 2025. IBIT had net outflows
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Summary Hyperliquid’s HYPE token saw a 6.2% increase on February 5, following its integration of Ripple’s technology stack to enhance settlement efficiency. XRP experienced a 10-11% decline during the same timeframe, mirroring losses observed across major altcoins such as Ethereum,
MoreTLDRs; After Amazon announced a $200 billion AI investment plan for 2026, its shares dropped 4%. CEO Andy Jassy emphasizes the growth of AWS despite concerns about high costs and operating cash flow. Amazon’s in-house chips and AI infrastructure are
MoreTLDR BlackRock’s IBIT spot Bitcoin ETF achieved a record daily trading volume of $10 billion on Thursday On the same day, the ETF fell by 13%, marking its second-worst daily decline since launch Bitcoin declined 12% over 24 hours to
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Bitcoin news indicates a consolidating market, with BTC updates revealing Bitcoin trading below the $80,000 threshold. Additionally, VistaShares has launched BTYB, an actively managed ETF on the NYSE that combines U.S. Treasurys with options strategies to provide weekly income along
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A question is circulating in crypto circles these days: why are crypto whales shifting away from the top 10 coins into DeepSnitch AI ($DSNT), a project with a $1.4M+ presale that’s ending soon? The answer carries interesting implications that go
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Following the official closure of the BlockDag presale, activity in the cryptocurrency market is resuming. Investment capital does not disappear; it merely finds a new home. This transition represents a typical phase in the market cycle, where early backers are
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Crypto investors are heavily prioritizing infrastructure over DeFi, per a new survey of 242 senior executives. At the same time, blockchain intelligence company TRM Labs has just wrapped up a $70 million funding round at a $1 billion valuation—clear evidence
MoreTLDR Sony expanded its stock buyback program to ¥150 billion, covering up to 55 million shares Fiscal Q3 delivered record sales and operating income, prompting an upward revision of full-year guidance PlayStation hardware sales fell, but services and software drove
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Today’s cryptocurrency market news highlights renewed pressure throughout the digital asset industry. Galaxy Digital announced a Q4 2025 net loss of $482 million and a full-year loss of $241 million, citing falling cryptocurrency prices as the cause, which echoes the
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BlockDag’s token offering has officially come to an end, with its community having moved past allocation and closed access to its network opportunities. The completion of BlockDag highlights how swiftly early-stage projects can attract attention and capital when they present
MoreTLDR Cardinal Health shares surge 9% following an earnings beat and upgraded outlook Revenue grows 19% as the specialty segment fuels profit expansion A $750M buyback reduces share count and enhances EPS momentum Segment profits jump significantly due to scale
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During a definitive congressional hearing, US Treasury Secretary Scott Bessent affirmed that the federal administration will not provide a bailout for Bitcoin during a market decline, nor will it instruct private financial institutions to increase their holdings of digital assets.
MoreTLDR Ondas Holdings (ONDS) stock plummeted 15% on Wednesday following a negative report from JCapital Research that cast doubt on the company’s business model. JCapital faulted Ondas for making costly acquisitions financed by significant share dilution, having raised $829 million
MoreTLDR Canaccord Genuity cut Strategy’s price target by 60% to $185, though it retained the stock’s Buy rating Strategy shares dropped 5.7% to $125.66 on Wednesday, approaching their lowest closing price since September 2024 The firm holds 713,502 Bitcoins valued
MoreTLDR BYD sold merely 83,249 battery electric passenger cars in January, the lowest monthly quantity since February 2024 China brought back a 5% purchase tax on new energy vehicles starting January 1, putting an end to over a decade of
MoreTLDR Workday experiences a 5.6% increase following 400 job cuts and a $135 million restructuring charge Workday’s stock ascends as layoffs and margin realignment reshape its strategy Workday bounces back in spite of workforce reductions and substantial restructuring expenses Shares
MoreTLDR Over the past three days, Vitalik Buterin has sold approximately $6.6 million worth of ETH. Ethereum’s price has fallen 8 percent in the last 24 hours and 30 percent since last Thursday. Last week, ETF investors withdrew more than
MoreTLDR Tesla’s stock declined 3.8% to $406 on Wednesday, with trading volume 15% higher than usual, as the stock’s P/E ratio approaching 400 sparked worries about its valuation Fourth-quarter earnings exceeded expectations: EPS came in at $0.50 (vs. the projected
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