Business Bible News Market Minute

This is a Business Bible News Market Minute for Monday February 9 at 11:00 AM Eastern Time. According to Bloomberg, Alphabet Inc. is looking to raise about $15B from a US high-grade dollar bond sale, adding to a borrowing spree by companies at the forefront of the artificial intelligence investment boom. Global markets are mixed today. In overseas trading, the Nikkei is up 2,121 points. The Nasdaq...

This is a Business Bible News Market Minute for Monday February 9 at 8:30 AM Eastern Time. According to Bloomberg, Kevin Warsh's proposal for a Federal Reserve and Treasury accord has sparked a significant debate in the $30T bond market. Global markets are up today. In overseas trading, the Nikkei is up 2,121 points. The Dow is the biggest mover in US markets, up 1,192 points to 50,101. Oil i...

This is a Business Bible News Market Minute for Monday February 9 at 5:00 AM Eastern Time. According to Bloomberg, Treasuries slipped after Chinese regulators urged banks to scale back holdings of US government debt, sending the dollar lower as well while stock futures held steady. Global markets are up today. In overseas trading, the Nikkei is up 2,121 points. The Dow is the index that moved the...

This is a Business Bible News Market Minute for Friday February 6 at 3:00 PM Eastern Time. According to Bloomberg, 4 of the biggest US technology companies are set to spend about $650B this year on new data centers and associated equipment as the race to enhance artificial intelligence capabilities intensifies. Global markets are up today. In overseas trading, the Nikkei is up 405 points. The Dow...

This is a Business Bible News Market Minute for Friday February 6 at 11:00 AM Eastern Time. According to Bloomberg, Stellantis NV is taking more than 22 B euros, approximately $26 B, in charges mainly linked to reversing course on its electric vehicle strategy, prompting a record plunge in the Jeep and Fiat owner’s shares. Global markets are up today. In overseas trading, the Nikkei is up 405 poin...

This is a Business Bible News Market Minute for Friday February 6 at 8:30 AM Eastern Time. According to Bloomberg, a closely-watched metric in the Treasuries market is near its highest level in more than 4 years after a weak US jobs print collided with concern about a widening budget deficit. Global markets are down today. In overseas trading, the Nikkei is up 405 points. The Dow is down 588 point...

This is a Business Bible News Market Minute for Friday February 6 at 5:00 PM Eastern Time. According to Investor's Business Daily, Hims & Hers Health has launched a compounded version of Novo's oral Wegovy, but the FDA could pose challenges ahead. Global markets are mixed today. In overseas trading, the Nikkei is up 405 points. The Dow is down 588 points to 48,913. Oil is trading at...

This is a Business Bible News Market Minute for Thursday February 5 at 3:00 PM Eastern Time. According to Investor's Business Daily, Hims and Hers Health has launched a compounded version of oral Wegovy, priced at $49 a month. Global markets are down today. In overseas trading, the Nikkei is down 425 points. The Dow is down 481 points to 49,019. Oil is trading at $63 per barrel while gold is...

This is a Business Bible News Market Minute for Thursday, February 5 at 11:00 AM Eastern Time. According to Bloomberg, a $1T tech wipeout is ensnaring all stocks in the path of artificial intelligence, sending ripples through stock and credit markets this week. Global markets are down today. In overseas trading, the Nikkei is down 425 points. The Dow is down 589 points to 48,911. Oil is trading at...

This is a Business Bible News Market Minute for Thursday, February 5 at 8:30 AM Eastern Time. According to Bloomberg, Taiwan Semiconductor Manufacturing Company plans to make advanced 3-nanometer chips in Japan, marking a significant step in its semiconductor manufacturing roadmap and a victory for Prime Minister Sanae Takaichi's technology aspirations. Global markets are down today. In overs...

This is a Business Bible News Market Minute for Thursday February 5 at 5:00 PM Eastern Time. According to Bloomberg, a slump in technology stocks is leading to a decline in Asian markets as investors react to concerns over frothy valuations and heavy spending in artificial intelligence. Global markets are down today. In overseas trading, the Nikkei is down 425 points. The Nasdaq is down 352 points...

This is a Business Bible News Market Minute for Wednesday, February 4 at 3:00 PM Eastern Time. According to Investor's Business Daily, Tesla stock rose slightly after Elon Musk confirmed the SpaceX and xAI merger, suggesting a growing chance of a significant merger involving these companies. Global markets are mixed today. In overseas trading, the Nikkei is down 431 points. The Dow is up 334...

This is a Business Bible News Market Minute for Wednesday February 4 at 11:00 AM Eastern Time. According to Bloomberg, software makers, advertising agencies, and investment firms faced a wave of selling as investors express concern over business risks associated with advancements in artificial intelligence tools. Global markets are mixed today. In overseas trading, the Nikkei is down 431 points. T...

This is a Business Bible News Market Minute for Wednesday February 4 at 8:30 AM Eastern Time. According to Bloomberg, nearly $500B has been wiped off cryptocurrencies in less than a week as a selloff led by Bitcoin accelerated. Global markets are down today. In overseas trading, the Nikkei is down 431 points. The Nasdaq is down 333 points to 23,258. Oil is trading at $63 per barrel while gold is a...

This is a Business Bible News Market Minute for Wednesday, February 4 at 5:00 PM Eastern Time. According to Investor's Business Daily, the market is rotating out of technology stocks with consumer staples, regional banks, precious metals, and industrials performing well. Global markets are down today. In overseas trading, the Nikkei is down 431 points. The Nasdaq is down 333 points to 23,258....

This is a Business Bible News Market Minute for Tuesday, February 3 at 3:00 PM Eastern Time. According to Bloomberg, PayPal Holdings Inc. shares fell sharply after announcing the appointment of HP Inc. Chief Executive Officer Enrique Lores as the new CEO, following a profit miss and an unsuccessful turnaround plan. Global markets are mixed today. In overseas trading, the Nikkei is up 2,080 points....

This is a Business Bible News Market Minute for Tuesday February 3 at 11:00 AM Eastern Time. According to Bloomberg, Elon Musk’s xAI is under investigation by the UK’s data protection watchdog, as regulatory scrutiny ramps up of the way its artificial intelligence chatbot Grok was used to generate and share sexualized imagery of people. Global markets are mixed today. In overseas trading, the Nikk...

This is a Business Bible News Market Minute for Tuesday, February 3 at 8:30 AM Eastern Time. According to Bloomberg, China has banned concealed door handles on electric vehicles, making it the first country to enact this safety policy amidst growing global regulatory scrutiny following a series of deadly incidents. Global markets are up today. In overseas trading, the Nikkei is up 2,080 points. Th...

This is a Business Bible News Market Minute for Tuesday February 3 at 5:00 AM Eastern Time. According to Bloomberg, China has banned concealed door handles on electric vehicles, becoming the first country in the world to outlaw this design popularized by Tesla, amid growing global regulatory scrutiny due to a series of deadly incidents. Global markets are up today. In overseas trading, the Nikkei...

This is a Business Bible News Market Minute for Monday, February 2 at 3:00 PM Eastern Time. According to Investor's Business Daily, oil prices have retreated as U.S.-Iran talks unfold, leading to a downgrade for a major supermajor company. Global markets are down today. In overseas trading, the Nikkei is down 624 points. The Dow is up 519 points to 49,411. Oil is trading at $61 per barrel whi...

This is a Business Bible News Market Minute for Monday February 2 at 11:00 AM Eastern Time. According to Bloomberg, Elon Musk is in advanced talks to combine SpaceX with xAI, highlighting the high costs involved in his vision for an artificial intelligence-powered world. Global markets are up today. In overseas trading, the DAX is up 248 points. The Dow is up 428 points to 49,320. Oil is trading a...

This is a Business Bible News Market Minute for Monday February 2 at 8:30 AM Eastern Time. According to Bloomberg, Chinese speculators have significantly impacted the gold and silver markets, causing prices to plunge dramatically in a short span, highlighting the volatility in precious metals trading. Global markets are mixed today. In overseas trading, the DAX is up 248 points. The Nasdaq is down...

This is a Business Bible News Market Minute for Monday February 2 at 5:00 PM Eastern Time. According to Bloomberg, the board of Walt Disney Company is poised to promote theme-park division chairman Josh D’Amaro to the role of chief executive officer, with a vote on the new leader expected in the coming week. Global markets are mixed today. In overseas trading, the DAX is up 248 points. The Nasdaq...

This is a Business Bible News Market Minute for Friday January 30 at 3:00 PM Eastern Time. According to Investor's Business Daily, Apple easily beat Wall Street's targets for the December quarter, thanks to record iPhone sales, leading to a rise in Apple stock during extended trading. Global markets are mixed today. In overseas trading, the DAX is up 248 points. The Dow is down 283 point...

This is a Business Bible News Market Minute for Friday January 30 at 11:00 AM Eastern Time. According to Bloomberg, Microsoft’s shares experienced a selloff that wiped out $357B in value, marking the second-largest single-session loss in stock market history. Global markets are mixed today. In overseas trading, the DAX is up 248 points. The Dow is down 265 points to 48,806. Oil is trading at $65 p...