Today: 29 April 2026
Browse Category

PSE:GLO 21 May 2025 - 4 January 2026

Internet Access in the Philippines: A Comprehensive Report

Internet Access in the Philippines: A Comprehensive Report

About 97.5 million Filipinos, or 83.8% of the population, used the internet by early 2025. Mobile SIM penetration reached 123% with over 120 million subscriptions in late 2024. Fixed broadband subscribers totaled about 7 million, dominated by PLDT and Converge. Around 18–19 million people, or 16%, remained offline due to access and affordability issues.
21 May 2025
···

Stock Market Today

  • Dollar Strengthens on Hawkish FOMC Dissent and Economic Data
    April 29, 2026, 5:50 PM EDT. The dollar index rose 0.27% Wednesday, supported by stronger-than-expected U.S. housing starts and capital goods orders. A 6% jump in crude oil prices lifted inflation expectations, reinforcing the Federal Reserve's hawkish stance. Three Federal Open Market Committee (FOMC) members dissented against an easing bias, favoring no policy change, while Fed Chair Powell emphasized a cautious monetary approach amid persistent inflation. Heightened U.S.-Iran tensions around the Strait of Hormuz have boosted the dollar's safe-haven demand. The FOMC maintained its benchmark interest rate at 3.50%-3.75%, with markets assigning no odds of change at the next meeting in mid-June. The mixed housing data and hawkish tone combine to underpin the dollar's recent gains.

Latest article

Meta Stock Slides as $145 Billion AI Spending Plan Overshadows Blowout Earnings

Meta Stock Slides as $145 Billion AI Spending Plan Overshadows Blowout Earnings

29 April 2026
Meta Platforms shares dropped about 5% in after-hours trading Wednesday after the company raised its 2026 capital spending forecast to $125–$145 billion. First-quarter revenue rose 33% to $56.31 billion, beating estimates, while net income reached $26.77 billion, boosted by an $8.03 billion tax benefit. Meta expects second-quarter revenue of $58–$61 billion. Daily active users across its apps increased 4% to 3.56 billion.
Chipotle Stock Jumps After Chicken Bet Breaks Its Sales Slump

Chipotle Stock Jumps After Chicken Bet Breaks Its Sales Slump

29 April 2026
Chipotle Mexican Grill reported a 0.5% rise in first-quarter comparable sales, reversing recent declines and beating analyst expectations. Total revenue rose 7.4% to $3.09 billion, while shares jumped 7% in after-hours trading. Operating margin narrowed to 12.9% from 16.7% a year earlier. Menu items like Chicken al Pastor and Honey Chicken drove increased restaurant visits.
AI Stocks Today: Big Tech Earnings Just Put the Market’s Hottest Trade on Notice

AI Stocks Today: Big Tech Earnings Just Put the Market’s Hottest Trade on Notice

29 April 2026
Alphabet shares jumped over 3% in after-hours trading Wednesday as Google Cloud revenue surged 63% to $20 billion. Meta, Amazon, and Microsoft fell, with Meta dropping more than 6% after raising its 2026 capital spending forecast for AI infrastructure. Amazon’s AWS revenue beat estimates but shares slipped. The four companies are expected to spend over $600 billion on AI infrastructure this year.
Go toTop