News in the Philippines

(NASDAQ: NFLX) surprise agreement with the NFL for three seasons signals a strategic shift for the streaming giant, marking its entry into traditional live sports broadcasting. Under the deal, Netflix will stream two Christmas Day NFL games: the Pittsburgh Steelers versus the Kansas City Chiefs, and the Baltimore Ravens against…

Shares of (NYSE:RDDT) experienced a nearly 14% increase on Friday following an announcement of a partnership with artificial intelligence company OpenAI. The collaboration aims to enhance the social media platform’s user experience through AI technologies and boost advertising revenue. Trading at $63.75 shortly after market opening, Reddit’s stock approached its…

Stocks are hovering near record levels as the week approaches its end. The S&P 500 remained relatively unchanged in early trading Friday, positioning itself for a fourth consecutive week of gains. The Dow Jones Industrial Average edged up by 24 points after briefly surpassing the 40,000 mark for the first…

A notable move was made recently when James Gorman, the executive chair of Morgan Stanley (NYSE: MS) and a newly appointed board member of Walt Disney (NYSE: DIS), acquired over $2 million worth of Disney stock on May 8th. This substantial insider purchase, the first for Disney this year, has…

SINGAPORE, May 17, 2024 — Canaan Inc. (NASDAQ: CAN) (“Canaan” or the “Company”), a leading high-performance computing solutions provider, today announced its unaudited financial results for the three months ended March 31, 2024. Revenues for the first quarter of 2024 were $35.1 million, exceeding previous guidance of $33 million by…

First trucks with 15-liter natural gas engine begin production in Q3 OSLO, Norway, May 16, 2024 — Hexagon Agility, the world’s leading provider of (renewable) natural gas (CNG/RNG) fuel systems, announced today its fuel system will be showcased on the Kenworth T680 natural gas truck with the new X15N engine…