Business Bible Headlines: July 1 @ 9:00AM ET

This is a Business Bible News Headlines for Wednesday July 1 at 9:04 AM Eastern Time, Business Bible News where Daily News meets Daily Principle. In business news, Nvidia has built a nearly $5T company by making people pay for their own lunch, according to an article from Fortune by Marco Quiroz-Gutierrez. The company's innovative business model focuses on maximizing revenue by requiring customers to finance their own meals at events. In another update, Dow futures have hit reverse after the strongest first half in 5 years, as reported by CNBC. The market is responding to mixed signals regarding economic growth. Meanwhile, employers who laid off workers citing artificial intelligence are already starting to regret it, as highlighted by CNBC's Justina Lee. Companies are realizing the value of their human capital in the evolving tech landscape. Furthermore, Micron's CEO has stated that customers driving a hard bargain on price has contributed to the ongoing memory shortage, according to CNBC. In addition, Nike's latest earnings report showed that while they topped estimates, the stock fell, as reported by Barron's. This indicates an interesting dynamic where expectations may have been set too high or market sentiment has shifted. Rocket Lab's stock surged as its Iridium deal feeds market appetite for space, according to another article from Barron's. This illustrates the growing interest and investment in the space sector. Lastly, D-Wave Quantum is winning over Washington, and investors should take notice, as highlighted by Barron's. This reflects a shift in attention towards quantum computing and its potential impact on various industries. The global markets are mixed today, with some indices gaining while others are declining. In overseas trading, the Shanghai Composite leads the way with a move of up 18 points. In US markets, the S&P 500 is up 55 points to 7,496, the Dow Jones Industrial Average is up 120 points to 52,303, and the Nasdaq Composite is up 383 points to 26,203. The 10-year Treasury yield is at 4.49. In commodities, Brent Crude is flat at $68 per barrel, and gold is up $17 to $4,040 per ounce. In sports news, ESPN reports that the Philadelphia 76ers have agreed to a 4 year, $39M deal with free agent forward Dean Wade. In entertainment, Variety has reported that Dwayne Johnson is facing backlash for staying quiet on politics, as he opts to remain neutral amid current events. As we transition to our Daily Principle, 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.' This principle teaches us the importance of investing wisely and the potential for significant returns when we commit our resources faithfully. In the context of modern business, it emphasizes the value of planting seeds through investments, whether in financial markets or in the growth of our businesses. The principle of multiplication encourages entrepreneurs and investors alike to seek opportunities that can yield abundant results through diligence and faithfulness. Learn more at businessbible.com where Daily News meets Daily Principle.