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US stocks close on record highs as Nvidia jumps
Business World Philippines
|October 30, 2025
All three major US stock indexes posted record closing highs again on Tuesday as Nvidia shares gained following news it will build artificial intelligence (AI) supercomputers for the US energy department, and as investors were optimistic about corporate earnings ahead of key results from megacaps this week.
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Nvidia Chief Executive Officer Jensen Huang said the company will build seven supercomputers for the US Department of Energy, and said the company has $500 billion in bookings for its AI chips.
Nvidia’s stock closed up 5%, adding over $230 billion in market value and putting the company on the verge of becoming the first worth $5 trillion.
Also boosting the market, Microsoft’s shares gained 2% after the company reached a deal that allows OpenAl to restructure into a public benefit corporation while giving Microsoft a stake of 27% in the ChatGPT maker.
Bu hikaye Business World Philippines dergisinin October 30, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
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Business World Philippines
S&P affirms 'BBB+' rating for Philippines
S&P GLOBAL RATINGS on Thursday affirmed the Philippines' investment grade credit rating with a \"positive\" outlook, noting that its growth prospects remain strong even as the corruption scandal weighs on the economy this year.
3 mins
November 28, 2025
Business World Philippines
Bulacan contractors tied to 'ghost' projects face tax evasion raps — BIR
THE BUREAU of Internal Revenue (BIR) has filed tax evasion complaints against two Bulacan-based contractors allegedly involved in “ghost” flood control projects.
1 mins
November 28, 2025
Business World Philippines
PHL, France spotlight co-productions, animation, feminist films as French Film Fest returns for 28th year
ANIMATED and feminist films are being screened until Nov. 30, as part of this year’s French Film Festival which is now in its 28th year.
3 mins
November 28, 2025
Business World Philippines
Business groups call for mandatory lifestyle checks on all gov't officials
SOME TOP business groups on Thursday called for the public submission of statements of assets, liabilities, and net worth (SALN) by all government officials, as well as mandatory lifestyle checks to enforce accountability.
3 mins
November 28, 2025
Business World Philippines
PHL jumps to 75th in talent competitiveness index
THE PHILIPPINES jumped nine spots in an annual ranking of countries' ability to attract and retain talent, according to a report by business school Institut Européen d'Administration des Affaires (INSEAD) and the Portulans Institute.
3 mins
November 28, 2025
Business World Philippines
James picks his spots
The latest meeting between the Lakers and Clippers functioned both as spectacle and as affirmation of the pecking order. The final score in favor of the purple and gold comes off as a whipping on surface, punctuated by scoring bursts from marquee names. At the same time, clarity lies beyond the numbers: Roles, rhythms and resolve have clearly coalesced for the winners and unravelled for the vanquished.
1 mins
November 28, 2025
Business World Philippines
Extended Beatles Anthology takes fans beyond the mythology of the band
A new episode of the Beatles Anthology, 30 years after the original landmark series, shows the impact on Paul McCartney, George Harrison, and Ringo Starr of being in the biggest rock band in history, its writer and director said.
1 min
November 28, 2025
Business World Philippines
Chinese sportswear maker Anta Sports Products exploring bid for Puma
CHINESE sportswear maker Anta Sports Products is among firms exploring a potential takeover of German sportswear brand Puma, Bloomberg News reported on Thursday.
1 min
November 28, 2025
Business World Philippines
Not too scary, but a solid first effort
KMJS' GABI NG LAGIM THE MOVIE
3 mins
November 28, 2025
Business World Philippines
More than half of new articles on the internet are being written by AI – is human writing headed for extinction?
The line between human and machine authorship is blurring, particularly as it’s become increasingly difficult to tell whether something was written by a person or AI.
4 mins
November 28, 2025
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