Business Bible Podcast

Business Bible Headlines: January 23 @ 8:00AM ET


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This is a Business Bible News Headlines for Friday January 23 at 8:02 AM Eastern Time, Business Bible News where Daily News meets Daily Principle. Business Headlines: Asian stocks are poised to gain following positive economic data from the United States, while investors focus on the Bank of Japan's next moves. According to Bloomberg, the potential for a market rally is supported by recent favorable indicators, suggesting that economic growth may be accelerating. Meanwhile, Capital One has made headlines with its acquisition of Brex at a significantly reduced valuation compared to its peak. This move highlights the ongoing trends in the fintech sector, where established players are seeking to bolster their offerings through strategic acquisitions, as reported by TechCrunch. In another significant development, President Trump has reversed his earlier decision regarding a plan that would have allowed homebuyers to access their 401(k) savings for purchasing homes. This change in policy is expected to have implications for the housing market and homebuyers, according to Bloomberg's latest updates. Tesla is also making news as the company removes safety monitors from some of its Austin robotaxis, which has led to a rise in its stock price. Investor's Business Daily notes that this decision may enhance operational efficiency for Tesla's autonomous vehicle offerings. Additionally, BitGo is making waves as the first major initial public offering of 2026, potentially setting the stage for upcoming IPOs, including those from Anthropic and SpaceX, as reported by Barron's. Lastly, Intel's stock has dropped following weak guidance for the first quarter, despite a strong performance in the fourth quarter, according to Investor's Business Daily. BBNews Market Analysis: Global markets are up today. In overseas trading, the Shanghai Composite leads the way with a move of 11 points. In US markets, the S&P 500 is up 36 points to 6,912, the Dow Jones Industrial Average is up 300 points to 49,377, and the Nasdaq is up 207 points to 23,432. The 10 year Treasury yield is at 4.25. Commodities: Brent Crude is up $1 to $60 per barrel. Gold is up $33 to $4,941 per ounce. Sports news: The Golden State Warriors have lost Jonathan Kuminga to a knee injury during their game against the Dallas Mavericks, as reported by Yahoo News New Zealand. Kuminga had a solid performance before the injury, contributing 10 points in just 9 minutes of play. Entertainment news: In entertainment, Variety reports that Noah Wyle and the producers of 'The Pitt' have developed the latest season to honor the victims of the Tree of Life attack and the Muslim community's support during that tragic time. The Daily Principle: Today's Daily Principle is INVESTING, specifically dealing with Multiply. This principle is found in Genesis 1–28. The verse reads: "blessed them, and said, “Have many children, so that your descendants will live all over the earth and bring it under their control. I am putting you in charge of the fish, the birds, and all the wild animals." This principle emphasizes the importance of growth and stewardship in business. Just as the Bible teaches about multiplying and having dominion, modern businesses are called to expand and take charge of their resources responsibly. The essence of investing is not just about financial returns but also about fostering growth in ways that benefit the broader community and environment. Learn more at businessbible.com where Daily News meets Daily Principle.
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Business Bible PodcastBy The Business Bible, LLC