What’s Happening in the Philippines, Local News and Philippine People
TLDRs; Google shares edged down slightly amid India’s drive to establish local AI server manufacturing partnerships and enhance hardware integration. The company is advancing a $15 billion AI infrastructure hub in Visakhapatnam, with plans for substantial data center capacity. India
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TLDR Bitcoin reached $82,026 overnight before closing just above $81,000 on Tuesday morning. Solana and Dogecoin led gains among alternative cryptocurrencies, each rising approximately 2% for the day. Investor Michael Burry warned that the Nasdaq 100 is trading at 43
MoreTLDR Circle stock rose nearly 16% to close at $131.76, its highest since March 18 Q1 revenue hit $694M (up 20% YoY); USDC in circulation reached $77B, up 28% Circle raised $222M in a presale of its ARC token, valuing
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TLDR The Senate Banking Committee released the full text of the Clarity Act, a crypto market structure bill, ahead of a May 14 committee vote. The bill includes restrictions on stablecoin yield payments and legal protections for DeFi developers. Banks
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TLDR SUI price surged nearly 40% over seven days, peaking at $1.41 on May 11 after reaching a monthly low of $0.8866. SUI Group Holdings staked 108.7 million SUI tokens directly, effectively removing approximately 2.7% of the circulating supply from
MoreTLDR Aptos intends to implement a native encrypted mempool at the protocol level. The feature is designed to mitigate risks associated with frontrunning and censorship. Transaction details will be concealed during block ordering. Transactions will be decrypted prior to execution
MoreTLDR CleanSpark reported Q2 revenue of $136.4M, down 24.9% from $181.7M a year earlier. The company posted a net loss of $378.3M, or $1.52 per basic share. CleanSpark shares fell about 6% in after-hours trading after the earnings release. The
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(SeaPRwire) – Missed ICO news consistently draws readers back for one harsh reason: people recall the coins they dismissed, overlooked, or postponed buying—only to see their prices skyrocket. That regret is precisely why the leading crypto presale in 2026
MoreTLDR Circle secures $222M in Arc funding as USDC growth strengthens CRCL stock momentum Arc token presale positions Circle’s blockchain network at a $3 billion valuation USDC transaction volume surges as Circle diversifies beyond stablecoin reserve income Circle’s strategic push
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TLDR Trump called Iran’s revised peace proposal “totally unacceptable” on Truth Social S&P 500 and Nasdaq 100 futures fell slightly; Dow futures were flat in pre-market trading Oil prices surged, with Brent crude climbing 3.3% to $104.60 and WTI up
MoreTLDR Luis de Guindos cautioned that eurozone growth figures could fall short of expectations. The ECB maintained its key interest rate at 2% on April 30. Eurozone inflation stood at 2.6%, exceeding the ECB’s 2% target. Boris Vujčić is expected
MoreTLDR Moderna surged ~9-12% after the U.S. health department flagged a hantavirus case and the company confirmed early-stage research on a treatment Intel jumped 6.6% in premarket after reports of a preliminary chip manufacturing deal with Apple Micron Technology rose
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TLDR Mosaic reported a Q1 net loss of $258 million, well below analyst forecasts of a $71.5 million profit. Net sales of $3 billion beat estimates of $2.9 billion, but volatile conditions hit the bottom line hard. Record sulfur prices
MoreTLDR Nvidia stock dropped 0.7% in premarket trading Monday, trading at $213.64, just below its record close of $216.61 from April 27. NVDA has risen 15% year-to-date, but this underperforms peers Intel (INTC) and AMD, which are surging on CPU
MoreTLDR (SeaPRwire) – Strategy acquired 535 BTC for approximately $43 million between May 4 and May 10. The most recent Bitcoin purchase was executed at an average price of $80,340 per BTC. Strategy’s current holdings amount to 818,869 BTC,
MoreTLDR Moderna stock rose over 8% in premarket trading Monday after a U.S. national tested positive for the Andes hantavirus strain Moderna confirmed it is conducting “early-stage and ongoing” preclinical research on hantavirus in collaboration with USAMRIID Inovio jumped 13%,
MoreTLDR Bank of England Governor Andrew Bailey indicated that global regulators may come into conflict with the United States regarding stablecoin oversight. Bailey emphasized that stablecoins require international standards to function effectively in global payment systems. He cautioned that inconsistent
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TLDR AI stocks account for more than 80% of S&P 500 gains in 2026; strip them out and the index is up just 2% Jefferies says the rally is driven by earnings growth, not inflated valuations, calling AI “the cheapest
MoreTLDR Nintendo stock closed down 8.4% in Tokyo to 7,020 yen, its lowest since August 2024 Switch 2 price raised by up to 20% in key markets due to soaring memory chip costs driven by AI demand Nintendo forecasts 16.5
MoreTLDRs; Nintendo stock drops sharply after Switch 2 price hikes spark investor concerns about demand strength. Higher console pricing pushes Nintendo closer to premium rivals, raising market competitiveness worries. Weak software pipeline outlook adds pressure on investor sentiment ahead of
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