What’s Happening in the Philippines, Local News and Philippine People
TLDR GameStop CEO Ryan Cohen has submitted an unsolicited $56 billion bid to purchase eBay, priced at $125 per share. Following the announcement, GME shares fell approximately 8.5% on Monday, while eBay (EBAY) stock climbed about 6%. The acquisition proposal
MoreTLDR DTCC targets a July 2026 kickoff for tokenized asset trading trials More than 50 firms partner with DTCC to develop the tokenized asset framework rollout SEC approval permits tokenized asset services to operate within a 3-year regulatory window The
More(SeaPRwire) – A novel platform has emerged, allowing foreign exchange (FX) and cryptocurrency traders to engage in performance-driven competitions, complete with tangible rewards and clear ranking methodologies. Trade Stadium, an innovative competitive trading platform, has officially announced its worldwide
MoreTLDR (SeaPRwire) – Bitmine’s BMNR stock increases by 4.16% as its ETH holdings grow to 5.18 million tokens BMNR bounces back above $22 following Bitmine’s report of $13.1 billion in crypto and cash holdings Bitmine has staked 4.36 million
MoreTLDR Amgen has unveiled an additional $300 million investment to expand its biologics production facility in Juncos, Puerto Rico. The site supplies medications to over 60 countries and will receive expanded production capacity. This move is on top of more
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TLDR AeroVironment has received a U.S. Army prototype agreement for its Switchblade 400 loitering munition as part of the LASSO program. Weighing less than 40 pounds, the Switchblade 400 is a man-portable, medium-range, anti-armor drone that can strike targets from
MoreTLDR David Schwartz refuted allegations that he has signed agreements compelling him to deceive XRP investors. He asserted that he would never consent to lying under the terms of a non-disclosure agreement. He noted that he opts for silence when
MoreTLDR SK Hynix stock surged 12% on Monday, driven by foreign buying following strong U.S. tech earnings Major U.S. tech firms reaffirmed their substantial AI data center investment plans last week Samsung lagged behind, pressured by an 18-day worker strike
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TLDR NCLH fell as much as 6.3% in premarket trading after cutting its full-year earnings outlook Q1 adjusted EPS of $0.23 beat estimates of $0.15, but revenue of $2.3B missed the $2.36B forecast Full-year 2026 adjusted EPS guidance cut to
MoreTLDR (SeaPRwire) – Payward now owns a CFTC-licensed U.S. crypto derivatives stack. Bitnomial brings FCM, DCM and DCO licenses to Payward. Kraken plans CFTC-regulated spot margin for eligible U.S. clients. Perpetuals and options are expected to follow after spot
MoreTLDR US XRP spot ETFs recorded $81.59 million in net inflows in April, the highest monthly total of 2026. The April inflow raised cumulative net inflows to $1.29 billion and total net assets to $1.04 billion. Bitwise’s XRP ETF led
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(SeaPRwire) – The Bitcoin price prediction received a strong signal after CoinDesk reported $630 million in net inflows into spot Bitcoin ETFs on May 1, marking the strongest single day of 2026. BlackRock’s IBIT alone attracted $284 million in
MoreTLDR Bitcoin surged 5% past $80,000, reaching its highest level since January 31 Coinbase, Strategy, Robinhood, and other crypto stocks rose in premarket trading U.S. spot Bitcoin ETFs have attracted approximately $2.7 billion over the past three weeks Polymarket traders
MoreTLDR Wall Street analysts now forecast global hyperscale AI capex could exceed $1 trillion in 2027 Combined spending for 2026 is estimated between $800–$900 billion, up 67% year-over-year Microsoft, Amazon, Alphabet, and Meta all raised their 2026 capex guidance after
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(SeaPRwire) – This week, the XRP price prediction received new data as Ripple released 1 billion XRP, valued at $1.38 billion, from escrow on May 1. Within 24 hours, 700 million tokens were subsequently returned to escrow, according to
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(SeaPRwire) – The top crypto to buy right now is the asset positioned ahead of the ongoing surge that has tripled real-world asset tokenization to $19.3 billion in Q1 2026, per a new CoinGecko report, with capital flooding into
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(SeaPRwire) – Conversations around Ethereum’s price forecast are picking up steam once more, thanks to BitMine’s 5.08 million ETH treasury drawing fresh focus to the $5,000 target. This development gives ETH the kind of institutional narrative traders favor when
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(SeaPRwire) – Optimism surrounding Tron’s price outlook has intensified following BeInCrypto’s inclusion of TRX as one of three altcoins poised to hit record highs in May 2026. Currently trading 25% below its $0.449 peak, the token displays a clear
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(SeaPRwire) – Per CoinMarketCap, the SUI price prediction landscape has gained a clear institutional boost—CME Group has confirmed plans for regulated SUI futures contracts, which are currently awaiting regulatory approval. This upcoming launch joins the existing 21Shares TSUI ETF
MoreTLDR AMD is set to report earnings on Tuesday, with investors keenly observing its AI chip and data-center revenue figures. Apple surpassed Q2 estimates and authorized a $100 billion buyback, now aiming to sustain its post-earnings gains. Broadcom remains a
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