Business Bible Headlines: February 3 @ 4:00PM ET

This is a Business Bible News Headlines for Tuesday February 3 at 4:07 PM Eastern Time, Business Bible News where Daily News meets Daily Principle. In today's business headlines, the Dow Jones Industrial Average drops 400 points while the S&P 500 sheds 1% as investors rotate out of technology stocks, according to CNBC. PayPal shares plunge following a disappointing profit report and CEO announcement, as highlighted by Bloomberg. Meanwhile, Elon Musk's SpaceX confirms its acquisition of xAI, demonstrating the tech giant's ongoing expansion into artificial intelligence, reported by BBC News. Waymo raises $16B to scale its robotaxi fleet internationally, a significant move in the autonomous vehicle market, as covered by TechCrunch. Lastly, Palantir's earnings report reveals strong results, causing its stock to rise, according to Barron's. In overseas trading, the Nikkei leads the way with a move of 2,080 points. In US markets, the S&P 500 is down 59 points to 6,917, the Dow Jones Industrial Average is down 170 points to 49,236, and the Nasdaq is down 333 points to 23,258. The 10 year Treasury yield is at 4.27. In commodities, Brent Crude is up $2 to $64 per barrel, and gold is up $345 to $4,968 per ounce. In sports news, the Giants have hired Matt Nagy as their offensive coordinator, according to NBC Sports. In entertainment news, NFL commissioner Roger Goodell praises Bad Bunny as 'one of the great artists in the world' following his performance at the Grammy Awards, reported by Variety. Today's Daily Principle is BUSINESS: MANAGEMENT, specifically dealing with Impartial. This principle is found in Proverbs 28–21. The verse reads: 'Prejudice is wrong. But some judges will do wrong to get even the smallest bribe.' In today's business world, it is essential to strive for impartiality, ensuring that decisions are made based on merit and not influenced by bias or unethical incentives. Upholding fairness in management practices fosters a healthier business environment and promotes trust among team members and stakeholders. Learn more at businessbible.com where Daily News meets Daily Principle.