What’s Happening in the Philippines, Local News and Philippine People
TLDR Merck KGaA Q1 net profit fell 9.4% year-on-year to €669 million, but beat EPS forecasts of €1.99 with a print of €2.11. Net sales dipped 2.8% to €5.13 billion, also topping estimates of €5.09 billion. The company raised its
More
TLDR Arthur Hayes, CIO of Maelstrom, predicts Bitcoin will return to $126,000 this year He links BTC’s next rally to AI spending, the US-Iran war, and global money printing Hayes says Bitcoin bottomed at $60,000 earlier this year and has
More
TLDR CryptoQuant’s Bull-Bear Market Cycle Indicator turned green on May 12, the first time since March 2023 The last green signal in March 2023 preceded Bitcoin’s rise from $20,000 to above $73,000 Analysts caution that the March 2022 signal was
More
TLDR Solana (SOL) is trading near $94–$95, testing key resistance at $96 and eyeing a move above $100 The Alpenglow upgrade — Solana’s biggest-ever consensus change — has entered live community validator testing Spot SOL ETFs recorded seven consecutive days
MoreTLDR Arc, Canton, and Tempo have collectively secured more than $1 billion at valuations surpassing $10 billion Circle raised $222 million for Arc at a $3 billion valuation; Digital Asset is currently raising $300 million for Canton at a $2
MoreTLDR The Ethereum Foundation and major wallet developers launched “Clear Signing,” a new security standard to make crypto transactions human-readable before users approve them. It replaces confusing code with plain-language descriptions of what assets are moving, who receives them, and
MoreTLDRs; Volkswagen shares fell despite unveiling its first electric GTI performance model at Nürburgring. ID. Polo GTI highlights VW’s shift to electrified performance branding and scalable EV platforms. Investors remain cautious, focusing on EV profitability and execution risks over new
MoreTLDR JPMorgan has filed for the launch of JLTXX, marking its second tokenized money market fund on the Ethereum blockchain. The JLTXX fund will focus on U.S. Treasurys and overnight repurchase agreements secured by cash or Treasurys. The bank designed
MoreTLDR Labor unions warn that the Crypto Bill may expose pensions to volatility in the crypto market. The Senate crypto vote is under pressure from unions, banks, and policy critics. Worker retirement savings have become a major point of concern
More
TLDR Nvidia CEO Jensen Huang was not included in Trump’s business delegation to China this week. Apple’s Tim Cook and Tesla’s Elon Musk were among the tech leaders invited. Nvidia has been working to sell its H200 chips in China,
More
TLDR Zebra Technologies reported Q1 EPS of $4.75, an 18.2% year-over-year increase, surpassing the analyst estimate of $4.26 by $0.49. Revenue reached $1.5 billion, up 14.3% year over year, exceeding the consensus estimate of $1.48 billion. Adjusted EBITDA stood at
MoreTLDR The EU restored full trade relations with Syria on May 11, 2026. Visa and Mastercard resumed operations in Syria on May 9 through Qatar National Bank. The EU began easing sanctions in May 2025 following political changes in Syria.
MoreTLDR Exodus reported first-quarter revenue of $22.7 million, representing a 37% decrease compared to the previous year. The firm’s net loss widened to $32.1 million, up from a $12.9 million loss in the same period last year. Total processed exchange
More
TLDR eToro Q1 adjusted EPS came in at 91 cents, beating the 73-cent analyst estimate Revenue was $2.44 billion, down from $3.76 billion a year ago as crypto trading fell Crypto volume dropped 32% year over year in April Commodities
More
TLDR JD.com Q1 revenue rose 4.9% year-on-year to 315.7 billion yuan, beating the 310.1 billion yuan estimate Adjusted EPS of RMB5.12 beat the consensus of RMB3.64 — about 41% above expectations Retail division income jumped 17% to 15 billion yuan,
MoreTLDR The iShares Semiconductor ETF gained 37% in April 2026 and reached historic highs after a 16-day winning streak. SOXX tracked major chipmakers, including NVIDIA, Broadcom, and AMD, which all advanced during the rally. Bitcoin crossed $75,000 on March 17,
MoreTLDR Google’s Threat Intelligence Group confirmed the first known case of hackers using AI to find and weaponize a zero-day vulnerability. The attack targeted a widely used open-source system administration tool and was blocked before mass exploitation. AI was used
MoreTLDR Byron Allen’s family office will acquire a ~52% stake in BuzzFeed for $120 million, purchasing 40 million shares at $3.00 each. The $3.00 per share price represents a 265.9% premium to BuzzFeed’s Friday closing price. BuzzFeed stock surged roughly
MoreTLDR Nokia’s stock price increased by 8.58% following Nvidia’s disclosure of a $1 billion investment in the company. The company revealed a new defense sector partnership for 5G with Lockheed Martin. Nokia introduced new agentic AI features designed for home
MoreTLDRs; Robinhood’s stock price increased by almost 5% following news of a confidential filing for a second public venture fund. The upcoming RVII fund builds on the robust performance of its predecessor, RVI, which invests in prominent private companies. This
More