Business Bible Headlines: May 1 @ 12:15PM ET

This is a Business Bible News Headlines for Friday May 1 at 12:28 PM Eastern Time, Business Bible News where Daily News meets Daily Principle. In today's business headlines, Smoothie King is planning an ambitious expansion, as wellness trends continue to boost its sales, according to CNBC. The fast-growing smoothie chain is capitalizing on the increasing consumer interest in health and nutrition, aiming to open new locations nationwide. In other news, Apple has reported strong earnings, which has sparked discussions about potential impacts of various economic factors on the tech giant, as highlighted in another CNBC report. Meanwhile, in financial markets, Japan has reportedly spent $34.5B in foreign exchange intervention to support the yen, as detailed by Bloomberg. This move has raised eyebrows among analysts, who are closely monitoring the currency market's response. Additionally, Jane Street, a quantitative trading firm, has announced a record year, translating into a payout of $2.68M per employee, as reported by Bloomberg. This impressive financial performance underscores the firm's robust trading strategies. Lastly, private credit group Ares has drawn nearly $20B from investors, indicating strong interest in private debt markets, according to the Financial Times. In overseas trading, the Shanghai Composite leads the way with a move of 5 points. In US markets, the S&P 500 is up 36 points to 7,245, while the Dow Jones Industrial Average is down 33 points to 49,619, and the Nasdaq Composite is up 245 points to 25,137. The 10 year Treasury yield is at 4.37. Commodities are mixed today, with Brent Crude down $4 to $101 per barrel and gold up $44 to $4,659 per ounce. Learn more at businessbible.com where Daily News meets Daily Principle.