Business Bible News Market Minute

This is a Business Bible News Market Minute for Wednesday May 6 at 4:00 PM Eastern Time. According to Investor's Business Daily, Disney stock surges after beating Q2 estimates, driven by solid revenue growth and a spike in profits for Disney Plus and Hulu. Global markets are up today. In overseas trading, the DAX is up 550 points. The Dow is up 604 points to 49,903. Oil is trading at $95 per...

This is a Business Bible News Market Minute for Wednesday May 6 at 12:00 PM Eastern Time. According to Investor's Business Daily, the Dow Jones index rose yesterday as oil prices fell, while Palantir stock dropped following its earnings report. Global markets are up today. In overseas trading, the DAX is up 550 points. The Dow is up 544 points to 49,842. Oil is trading at $95 per barrel while...

This is a Business Bible News Market Minute for Wednesday May 6 at 9:30 AM Eastern Time. According to Bloomberg, Ken Griffin announced plans to expand Citadel's Miami tower amid a feud with New York Mayor Zohran Mamdani, who criticized him for tax policies on second homes. Global markets are up today. In overseas trading, the DAX is up 517 points. The Dow is up 478 points to 49,776. Oil is tr...

This is a Business Bible News Market Minute for Wednesday May 6 at 6:00 AM Eastern Time. According to Bloomberg, technology stocks are driving rallies in global equities as a wave of blockbuster earnings and deals highlights the relentless pace of investment in artificial intelligence. Global markets are up today. In overseas trading, the DAX is up 596 points. The Dow is up 356 points to 49,298. O...

This is a Business Bible News Market Minute for Tuesday May 5 at 4:00 PM Eastern Time. According to Bloomberg, the yield on 30-year US government debt hovered around 5% after breaching the key level for the first time this year—suggesting pressure in the world’s biggest bond market isn’t letting up. Global markets are up today. In overseas trading, the DAX is up 401 points. The Dow is up 356 point...

This is a Business Bible News Market Minute for Tuesday May 5 at 12:00 PM Eastern Time. According to Investor's Business Daily, Shopify stock fell as Q1 operating profit missed consensus while sales slightly beat estimates. Global markets are mixed today. In overseas trading, the DAX is up 401 points. The Dow moved the most among U.S. indices, up 245 points to 49,187. Oil is trading at $101 p...

This is a Business Bible News Market Minute for Tuesday May 5 at 9:30 AM Eastern Time. According to Bloomberg, HSBC Holdings Plc reported profit that missed estimates, weighed down by an unexpected charge related to the collapse of UK mortgage lender Market Financial Solutions Ltd. and rising economic risks stemming from the conflict in the Middle East. Global markets are mixed today. In overseas...

This is a Business Bible News Market Minute for Tuesday May 5 at 6:00 AM Eastern Time. According to Bloomberg, Apple Inc. has held exploratory discussions about using Intel Corp. and Samsung Electronics Co. to produce the main processors for its devices in the US, a move that would offer a secondary option beyond longtime partner Taiwan Semiconductor Manufacturing Co. Global markets are mixed toda...

This is a Business Bible News Market Minute for Monday May 4 at 4:00 PM Eastern Time. According to Investor's Business Daily, the Dow Jones index dropped today on the latest U.S.-Iran news while oil prices continued to rally. Global markets are down today. In overseas trading, the DAX is down 255 points. The Dow is down 547 points to 48,951. Oil is trading at $105 per barrel while gold is at...

This is a Business Bible News Market Minute for Monday May 4 at 12:00 PM Eastern Time. According to Bloomberg, oil prices are under pressure as President Donald Trump announces the U.S. will start guiding ships through the Strait of Hormuz amid increased tensions following drone attacks on a tanker by Iran. Global markets are down today. In overseas trading, the DAX is down 255 points. The Dow is...

This is a Business Bible News Market Minute for Monday May 4 at 9:35 AM Eastern Time. According to Bloomberg, the world’s biggest technology companies posted strong earnings last week, highlighting a divide between winners and losers amid the ongoing artificial intelligence boom. Global markets are mixed today. In overseas trading, the Nikkei is up 224 points. The Dow is down 218 points to 49,280....

This is a Business Bible News Market Minute for Monday May 4 at 9:36 AM Eastern Time. According to Bloomberg, the world’s biggest technology companies posted strong earnings last week, highlighting the ongoing artificial intelligence boom, though investors are distinguishing between winners and losers in the stock market. Global markets are mixed today. In overseas trading, the Nikkei is up 224 po...

This is a Business Bible News Market Minute for Friday May 1 at 4:00 PM Eastern Time. According to Investor's Business Daily, shares of Summit Therapeutics crashed Friday after the company announced that its lung cancer treatment did not pass muster. Global markets are mixed today. In overseas trading, the Nikkei is down 407 points. The Nasdaq is up 217 points to 25,109. Oil is trading at $10...

This is a Business Bible News Market Minute for Friday May 1 at 12:29 PM Eastern Time. According to Bloomberg, Japan likely spent around $34.5B in foreign exchange intervention on Thursday to boost the yen for the first time since July 2024. Global markets are mixed today. In overseas trading, the Nikkei is down 407 points. The Nasdaq is up 249 points to 25,142. Oil is trading at $101 per barrel w...

This is a Business Bible News Market Minute for Friday May 1 at 12:30 PM Eastern Time. According to Bloomberg, Japan likely spent around $34.5B Thursday in its first currency intervention to prop up the yen since July 2024. Global markets are mixed today. In overseas trading, the Nikkei is down 407 points. The Nasdaq is up 245 points to 25,137. Oil is trading at $101 per barrel while gold is at $4...

This is a Business Bible News Market Minute for Monday April 27 at 4:00 PM Eastern Time. According to Investor's Business Daily, the Dow Jones index falls today while Intel rises, but chip stocks lag behind; Google parent Alphabet clears an entry on the stock market as well. Global markets are mixed today. In overseas trading, the Nikkei is up 1,420 points. The Dow is down 57 points to 49,172...

This is a Business Bible News Market Minute for Monday April 27 at 12:00 PM Eastern Time. According to Investor's Business Daily, Tesla CEO Elon Musk registered over 300M shares of Tesla tied to his 2018 compensation plan, according to new SEC filings, causing the stock to sink. Global markets are mixed today. In overseas trading, the Nikkei is up 1,420 points. The Dow is down 112 points to 4...

This is a Business Bible News Market Minute for Monday April 27 at 9:30 AM Eastern Time. According to Bloomberg, China’s industrial profits surged as reflation offsets rising costs for firms, showing a significant divergence between companies under pressure and those benefiting from higher oil prices and advancements in artificial intelligence. Global markets are up today. In overseas trading, the...

This is a Business Bible News Market Minute for Monday April 27 at 6:00 AM Eastern Time. According to Bloomberg, China’s industrial firms ended the first quarter with faster growth in earnings, although a widening split is evident between those under pressure from higher costs and those benefiting from rising oil prices and the global artificial intelligence boom. Global markets are up today. In o...

This is a Business Bible News Market Minute for Friday April 24 at 4:00 PM Eastern Time. According to Bloomberg, Jane Street Group achieved a record $40.6B in trading revenue last year, solidifying its position as a leader in the financial market. Global markets are up today. In overseas trading, the Nikkei is up 144 points. The Nasdaq is leading the U.S. markets, up 394 points to 24,832. Oil is t...

This is a Business Bible News Market Minute for Friday April 24 at 12:00 PM Eastern Time. According to Bloomberg, Chinese regulators plan to restrict technology firms from accepting U.S. capital without government approval in response to Meta Platforms Inc.'s recent acquisition. Global markets are mixed today. In overseas trading, the Nikkei is up 144 points. The Nasdaq is the largest mover i...

This is a Business Bible News Market Minute for Friday April 24 at 9:30 AM Eastern Time. According to Bloomberg, Chinese regulators plan to restrict technology firms including some of the country’s highest-profile AI pioneers from accepting US capital without government approval, part of Beijing’s broader response to Meta Platforms Inc.’s controversial acquisition. Global markets are mixed today....

This is a Business Bible News Market Minute for Friday April 24 at 6:00 AM Eastern Time. According to Bloomberg, President Donald Trump said he is considering having the US purchase Spirit Aviation Holdings Inc., saying it could be a potentially good investment for the federal government. Global markets are mixed today. In overseas trading, the Nikkei is up 590 points. The Nasdaq is down 220 point...

This is a Business Bible News Market Minute for Thursday April 23 at 4:00 PM Eastern Time. According to Bloomberg, Meta Platforms Inc. plans to cut 10% of workers, or roughly 8,000 employees, in an effort to boost efficiency and offset its heavy spending on artificial intelligence. Global markets are down today. In overseas trading, the Nikkei is down 174 points. The Nasdaq is down 220 points to 2...

This is a Business Bible News Market Minute for Thursday April 23 at 12:00 PM Eastern Time. According to Investor's Business Daily, ServiceNow stock fell on Q1 results that met estimates while revenue edged by views, with an analyst day set for May 4. Global markets are down today. In overseas trading, the Nikkei is down 174 points. The Dow is down 75 points to 49,414. Oil is trading at $94 p...