This is a Business Bible News Headlines for Thursday October 23 at 9:09 AM Eastern Time, Business Bible News where Daily News meets Daily Principle. In today's business headlines, we see significant developments across various sectors. Quantum firms are reportedly in talks to give stakes to the U.S. government, as detailed by Investor's Business Daily. This could mark a pivotal moment for both national security and the tech industry, with potential implications for investment and innovation. Meanwhile, The Verge highlights Amazon's claim that its new cost-cutting robots will not lead to job losses, providing insight into the ongoing dialogue about automation and employment in the retail sector. In the world of entertainment, Bloomberg reports that Warner Bros. will begin sharing financial data with bidders, suggesting an imminent sale or investment opportunity that could reshape the media landscape. Additionally, BBC News explores how the outsourcing sector is emerging as a new goldmine in South Africa, reflecting a trend of economic diversification and growth in emerging markets. In a more cautious note, Investor's Business Daily covers Tesla's missed earnings expectations and the pressure on AI stocks, indicating volatility in the tech sector. Lastly, SAP is experiencing a decline in stock value due to a revenue miss and weak cloud order backlog, as reported by Investor's Business Daily. BBNews Market Analysis reveals that global markets are mixed today. In overseas trading, the Shanghai Composite leads the way with a move of 7 points. In U.S. markets, the S&P 500 is down 35 points to 6,699, the Dow Jones Industrial Average is down 331 points to 46,592, and the Nasdaq Composite is down 212 points to 22,741. The 10 year Treasury yield is at 3.98. Commodities are seeing some movement; Brent Crude is up $2 to $61 per barrel, while gold is up $95 to $4,140 per ounce. In sports news, ESPN reports that Miami Heat guard Terry Rozier and Trail Blazers coach Chauncey Billups have been arrested in connection with illegal gambling investigations. Meanwhile, in entertainment news, Entertainment Weekly covers a beauty queen's onstage blunder at the Miss Grand International pageant, creating a humorous yet unforgettable moment. The Daily Principle today is BUSINESS, specifically dealing with Work. This principle is found in Psalm 90–17. The verse reads: 'Lord our God, may your blessings be with us. Give us success in all we do!' This powerful sentiment underscores the importance of seeking divine guidance in our professional endeavors. As we navigate the complexities of the marketplace, this principle reminds us to pursue excellence and rely on wisdom in our business decisions. Learn more at businessbible.com where Daily News meets Daily Principle.
