Business Bible News Market Minute

This is a Business Bible News Market Minute for Monday May 25 at 9:30 AM Eastern Time. According to Bloomberg, Chinese investors are rushing to find alternative ways to buy and sell overseas equities after Beijing launched its most forceful crackdown on illicit cross-border stock trading to stem capital outflows. Global markets are mixed today. In overseas trading, the Nikkei is up 1,845 points. T...

This is a Business Bible News Market Minute for Monday May 25 at 6:00 AM Eastern Time. According to Bloomberg, Huawei Technologies Co. has announced a new pathway that could help it close the gap with Taiwan Semiconductor Manufacturing Company in advanced semiconductor production, potentially marking a significant breakthrough for the company. Global markets are up today. In overseas trading, the...

This is a Business Bible News Market Minute for Friday May 22 at 4:00 PM Eastern Time. According to Bloomberg, bond traders are fully pricing in an interest-rate hike by the Federal Reserve this year, indicating a strong market conviction that Chair Kevin Warsh will need to act quickly to combat inflation. Global markets are mixed today. In overseas trading, the Nikkei is up 3,519 points. The Dow...

This is a Business Bible News Market Minute for Friday May 22 at 12:00 PM Eastern Time. According to Bloomberg, Standard Chartered's Chief Executive Officer Bill Winters has issued an apology for his remarks regarding artificial intelligence's impact on lower-value human capital, following public backlash. Global markets are mixed today. In overseas trading, the Nikkei is up 3,519 points...

This is a Business Bible News Market Minute for Friday May 22 at 9:30 AM Eastern Time. According to Bloomberg, Standard Chartered Chief Executive Officer Bill Winters has apologized for his comments regarding how artificial intelligence will impact lower-value human capital, which sparked significant public backlash. Global markets are up today. In overseas trading, the Nikkei is up 1,640 points....

This is a Business Bible News Market Minute for Friday May 22 at 6:00 AM Eastern Time. According to Bloomberg, Asian stocks are set to rise as optimism grows over potential peace talks between the US and Iran, while enthusiasm for artificial intelligence continues to drive equities higher. Global markets are up today. In overseas trading, the Nikkei is up 1,640 points. The Dow is the biggest mover...

This is a Business Bible News Market Minute for Thursday May 21 at 4:00 PM Eastern Time. According to Bloomberg, Samsung Electronics will distribute about ₩40T, or $26.6B, in bonuses to chip employees after reaching a last-minute deal with labor unions. Global markets today are up. In overseas trading, the Nikkei is up 1,150 points. The Dow is the largest mover among U.S. markets, up 283 points to...

This is a Business Bible News Market Minute for Thursday May 21 at 12:00 PM Eastern Time. According to Bloomberg, Samsung Electronics Co. will distribute about 40 T₩, which is approximately 26.6 B$, to chip employees as a bonus for this year after the company struck a last-minute deal with labor unions to avert a strike. Global markets are mixed today. In overseas trading, the Nikkei is up 1,150 p...

This is a Business Bible News Market Minute for Thursday May 21 at 9:30 AM Eastern Time. According to Bloomberg, Samsung Electronics Co. will distribute about ₩40T, or $26.6B, to chip employees as a bonus for this year after the company struck a last-minute deal with labor unions to avert a strike. Global markets are mixed today. In overseas trading, the Nikkei is up 1,896 points. The Dow is down...

This is a Business Bible News Market Minute for Thursday May 21 at 6:00 AM Eastern Time. According to Investor's Business Daily, oil prices have fallen below $100 on a report that a deal with Iran could be close, although analysts caution not to get too excited just yet. Global markets are mixed today. In overseas trading, the Nikkei is up 1,896 points. The Dow is the largest mover today, up...

This is a Business Bible News Market Minute for Wednesday May 20 at 4:00 PM Eastern Time. According to Bloomberg, Nvidia Corp. is set to release its earnings report, which could either affirm the ongoing rally in chip stocks or contribute to market uncertainty. Global markets are down today. In overseas trading, the Nikkei is down 941 points. The Dow is up 647 points to 50,011. Oil is trading at $...

This is a Business Bible News Market Minute for Wednesday May 20 at 12:00 PM Eastern Time. According to Bloomberg, Target Corp.'s turnaround gained traction last quarter, but the retailer worried investors after striking a more cautious tone about the coming months. Global markets are mixed today. In overseas trading, the Nikkei is down 941 points. The Dow is up 482 points to 49,846. Oil is t...

This is a Business Bible News Market Minute for Wednesday May 20 at 9:30 AM Eastern Time. According to Bloomberg, Nvidia Corp.’s upcoming earnings report could either affirm the rally in chip stocks or lead to increased market volatility. Global markets are down today. In overseas trading, the Nikkei is down 675 points. The Nasdaq is down 220 points to 25,870. Oil is trading at $101 per barrel whi...

This is a Business Bible News Market Minute for Wednesday May 20 at 6:00 AM Eastern Time. According to Bloomberg, Asian stocks are expected to track the decline in US markets as inflation fears impact investor sentiment ahead of anticipated earnings from Nvidia Corporation. Global markets are down today. In overseas trading, the Nikkei is down 675 points. The Dow is down 312 points to 49,373. Oil...

This is a Business Bible News Market Minute for Tuesday May 19 at 4:00 PM Eastern Time. According to Bloomberg, yields on the US Treasury’s longest-dated bond rose to the highest level in almost 20 years as investor concern over accelerating inflation fuels a selloff across global debt markets. Global markets are down today. In overseas trading, the Nikkei is down 896 points. The Dow is down 312 p...

This is a Business Bible News Market Minute for Tuesday May 19 at 12:00 PM Eastern Time. According to Investor's Business Daily, Futures fall as AI leaders keep sliding while Home Depot beats expectations, but its stock is struggling. Global markets are down today. In overseas trading, the Nikkei is down 896 points. The Nasdaq moved the most, down 303 points to 25,786. Oil is trading at $103...

This is a Business Bible News Market Minute for Tuesday May 19 at 9:30 AM Eastern Time. According to Investor's Business Daily, stocks are wavering as oil prices decline following news from Iran, while Nvidia and Walmart earnings are on the horizon, and NextEra prepares to acquire Dominion Energy for $67B. Global markets are down today. In overseas trading, the Nikkei is down 302 points. The...

This is a Business Bible News Market Minute for Tuesday May 19 at 6:00 AM Eastern Time. According to Bloomberg, a surge in longer-maturity US Treasury yields is testing the resolve of global bond investors as they consider locking in rates near the highest levels in decades while fearing a greater selloff. Global markets are mixed today. In overseas trading, the Nikkei is down 302 points. The Dow...

This is a Business Bible News Market Minute for Monday May 18 at 4:00 PM Eastern Time. According to Bloomberg, Gold holds its decline as fears of inflation remain high amid the ongoing tensions between the United States and Iran over the Strait of Hormuz. Global markets are mixed today. In overseas trading, the Nikkei is down 1,834 points. The Dow is up 161 points to 49,687. Oil is trading at $101...

This is a Business Bible News Market Minute for Monday May 18 at 12:00 PM Eastern Time. According to Investor's Business Daily, stocks waver as oil falls following news from Iran, while Nvidia and Walmart earnings are anticipated, and NextEra plans to acquire Dominion Energy for $67B. Global markets are down today. In overseas trading, the Nikkei is down 1,834 points. The Nasdaq is down 202 p...

This is a Business Bible News Market Minute for Monday May 18 at 9:30 AM Eastern Time. According to Bloomberg, China's economy shows a significant slowdown in April as investment returns to contraction, raising concerns about the government's hesitance to implement additional stimulus measures amidst a global energy crisis affecting factories and consumers. Global markets are mixed today...

This is a Business Bible News Market Minute for Monday May 18 at 6:00 AM Eastern Time. According to Bloomberg, billionaire Gina Rinehart has invested almost $100M in U.S. defense stocks and backed 2 mining companies during the 1st quarter of this year. Global markets are down today. In overseas trading, the Nikkei is down 589 points. The Dow moved the most, down 530 points to 49,533. Oil is tradin...

This is a Business Bible News Market Minute for Friday May 15 at 4:00 PM Eastern Time. According to Bloomberg, South Korea’s world-beating stock rally came to a sudden halt as foreigners sold, causing the benchmark to tumble and highlighting the vulnerability of a market dominated by two major chipmakers. Global markets are down today. In overseas trading, the Nikkei is down 2,029 points. The Dow...

This is a Business Bible News Market Minute for Friday May 15 at 12:00 PM Eastern Time. According to Bloomberg, investors are shedding government bonds across the globe, pushing borrowing costs to multi-year highs due to escalating fears that war-driven inflation will compel central banks to raise interest rates. Global markets are down today. In overseas trading, the Nikkei is down 2,029 points....

This is a Business Bible News Market Minute for Friday May 15 at 9:30 AM Eastern Time. According to Bloomberg, investors are shedding government bonds worldwide, pushing borrowing costs to multi-year highs as fears of war-driven inflation prompt central banks to consider higher interest rates. Global markets are down today. In overseas trading, the Nikkei is down 1,411 points. The Nasdaq is down 3...