This is a Business Bible News Headlines for Friday October 3 at 5:11 PM Eastern Time, Business Bible News where Daily News meets Daily Principle. In today's business headlines, we see significant movements across global markets and various corporate developments shaping the economic landscape. OpenAI’s Sora app has soared to #1 on Apple’s US App Store, as reported by TechCrunch. This rise illustrates the ongoing interest and investment in artificial intelligence technologies. Meanwhile, Axios highlights hiring data that suggests there is an unusual economic dynamic at play, indicating potential shifts in the job market that businesses need to monitor closely. In a related note, TipRanks reports that Amazon founder Jeff Bezos has commented on the current state of artificial intelligence, stating it is in an 'industrial bubble', which could affect how companies approach AI investments moving forward. Barron's also provides insight into the tech sector, noting that analysts believe a quantum computing stock could rise by 67%, driven by advancements in technology and increased demand for high-performance computing solutions. Lastly, Fortune discusses the rise of Mira Murati, a tech prodigy who is becoming a significant player in the AI landscape, attracting attention from major industry figures like Mark Zuckerberg. In overseas trading, the Nikkei leads the way with a move of 798 points. In US markets, the S&P 500 is flat at 6,715, the Dow Jones Industrial Average is up 241 points to 46,761, while the Nasdaq is down 68 points to 22,775. The 10-year Treasury yield is at 4.12. In commodities, Brent Crude is flat at $60 per barrel and gold is up $72 to $3,912 per ounce. In sports news, Yahoo Sports reports on the PFL Dubai live updates featuring Usman Nurmagomedov against Paul Hughes, providing round-by-round analysis and highlights. In entertainment, Variety discusses the AI actress Tilly Norwood, who is gaining significant media attention despite being unavailable for interviews. Today's Daily Principle is INVESTING, specifically dealing with Multiply. This principle is found in Genesis 26–12. The verse reads: 'Isaac sowed crops in that land, and that year he harvested a hundred times as much as he had sown, because the Lord blessed him.' In modern business, this principle highlights the importance of investment and patience. Just as Isaac received a bountiful harvest from his efforts, businesses today must invest wisely and nurture their endeavors to achieve significant returns. This encourages entrepreneurs to take calculated risks in their ventures, fostering growth and expansion in a competitive market. The rewards may be substantial, provided that one sows seeds of effort and resources in fruitful areas. Learn more at businessbible.com where Daily News meets Daily Principle.
